Other
Industries Call our Model Business Process Outsourcing
Outside of the
Pharmaceutical, Biotechnology, and Medical Device realm, the
RPS business model is understood as a Business Process Outsourcing
(BPO) organization. Wall Street, the Investment Community,
and other sectors, including, information technology, manufacturing,
and healthcare have embraced this business model.
Business
Process Outsourcing is defined as a Sponsor company entrusting
the management and optimization of a business function to
a third party that conducts the function based on a set of
predetermined performance metrics. Implementation of the BPO
model results in cost and operational efficiencies at levels
not otherwise attainable by traditional outsourcing providers.
RPS is the first BPO provider in the Research and Development
sector.
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