Glossary

BPO & Outsourcing Glossary

Direct answer

This glossary defines the business process outsourcing (BPO) terms buyers meet most often — from back office, SLA, and SOP to order to cash, procure to pay, KYC, RCM, and RLHF. Each entry is a short, plain-English definition you can quote or share.

Core BPO & delivery

Business process outsourcing (BPO)

Contracting an external provider to run a defined business process — such as payroll, support, or KYC — instead of staffing it entirely in-house.

Back office

Internal operations that keep a business running but don't face customers: finance, payroll, compliance, and data work. See Actigy's services.

Front office

Customer-facing work such as support and sales.

Nearshore / offshore / onshore

Delivery-location models: a nearby country, a distant lower-cost country, or the same country as the client.

KPO (knowledge process outsourcing)

Outsourcing of higher-judgement, specialised work (analysis, research, compliance review) rather than routine tasks.

FTE (full-time equivalent)

A unit of staffing equal to one full-time person, used to size and price a team.

SLA (service level agreement)

A documented commitment on turnaround, availability, or quality that delivery is measured against.

KPI (key performance indicator)

A metric that shows whether a process is hitting its goals — e.g. accuracy, days in AR, or CSAT.

SOP (standard operating procedure)

A documented, step-by-step description of how a task is performed, so delivery is repeatable.

Maker-checker

A control where one person performs a task and a second reviews it before it is finalised, reducing errors in sensitive work.

QA sampling

Reviewing a sample of completed work against a quality standard to measure and protect accuracy.

Pilot

A scoped, time-boxed first phase that proves quality and throughput before scaling to full volume.

Knowledge transfer (KT)

The structured handover of process knowledge, edge cases, and systems from the client to the delivery team.

Cost-to-quality ratio

The quality of output you get per dollar spent — Actigy's core metric. See the cost-to-quality guide.

Finance & accounting

Gross-to-net

The payroll calculation from gross earnings to net take-home pay after taxes and deductions. See payroll outsourcing.

Accounts payable (AP)

Money a business owes suppliers; the process of capturing, approving, and paying invoices. See AP outsourcing.

Accounts receivable (AR)

Money owed to a business by its customers; the process of billing and collecting it.

3-way matching

An AP control that matches an invoice to its purchase order and goods receipt before payment, preventing overpayment and fraud.

Order to cash (O2C)

The end-to-end process from a customer order to collected payment: order entry, fulfilment, invoicing, and cash application.

Procure to pay (P2P)

The end-to-end process from sourcing and purchasing a good or service to paying the supplier.

Reconciliation

Matching two sets of records (e.g. bank statement vs ledger) to confirm they agree and to surface discrepancies.

Month-end close

The recurring process of finalising the books for a period: accruals, reconciliations, journals, and reporting. See accounting outsourcing.

Compliance & risk

KYC (know your customer)

Verifying a customer's identity and assessing risk at onboarding and over time. See KYC outsourcing.

CDD / EDD

Customer due diligence and its deeper variant, enhanced due diligence, applied to higher-risk customers.

AML (anti-money laundering)

Controls and operations that detect and prevent money laundering. See AML outsourcing.

Transaction monitoring

Automated screening of transactions for suspicious patterns, which generate alerts for analysts to review.

Sanctions screening

Checking customers and transactions against sanctions and watch lists.

PEP (politically exposed person)

A person in a prominent public role who carries higher financial-crime risk and warrants extra scrutiny.

SAR / STR

A suspicious activity report / suspicious transaction report, filed with regulators when warranted; the decision to file stays with the client's officer.

Insurance & healthcare

FNOL (first notice of loss)

The first report of an insurance claim, which starts the claims lifecycle. See claims outsourcing.

Claims adjudication

Determining whether and how much an insurance claim should be paid; final authority stays with licensed adjusters.

Subrogation

An insurer's recovery of a paid claim's cost from a responsible third party.

Revenue cycle management (RCM)

The financial process in healthcare from patient encounter to collected payment. See medical billing.

Charge entry

Recording the billable services from a patient encounter into the billing system.

Clean claim

A claim with no errors that a payer can process and pay on first submission — a key RCM quality metric.

Denial management

Working, appealing, and root-causing denied claims to recover revenue and prevent repeats.

Days in AR

The average time it takes to collect payment after billing; a core revenue-cycle health metric.

Eligibility verification

Confirming a patient's insurance coverage and benefits before service to reduce denials.

Credentialing

Verifying and enrolling a provider with payers so they can bill for services.

HIPAA / BAA

The US health-data privacy law, and the business associate agreement that governs a vendor handling that data.

Support, IT & AI

Service desk

A single point of contact that handles IT requests and incidents for users. See IT outsourcing.

ITIL

A widely used framework of best practices for IT service management (incidents, requests, changes).

Ticket triage

Categorising, prioritising, and routing incoming support tickets to the right queue.

Escalation

Passing an issue to a higher tier or to engineering, with the context needed to act.

Regression testing

Re-running tests after changes to confirm existing functionality still works. See QA outsourcing.

Data annotation / labeling

Tagging data (text, image, audio) so machine-learning models can learn from it. See AI outsourcing.

RLHF

Reinforcement learning from human feedback — humans rank model outputs to align an AI model's behaviour.

Human-in-the-loop (HITL)

A workflow where people review, correct, or approve automated or AI-generated output.

Content moderation

Reviewing user or AI-generated content against a safety policy.

Outsource the process. Keep control of the outcome.

Tell us what process you want to outsource. Actigy will assess scope, complexity, staffing model, and delivery cost.