AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
From PayPal Intern to Starting 4x Billion-Dollar Companies - Joe Lonsdale Interview
My First Million
Opportunities in Business Process Outsourcing for Local Government
The local government sector presents a significant opportunity for business process outsourcing (BPO) as there is a growing need for efficient processes due to limited budget resources and forthcoming retirements. OpenGov's success in addressing 40 out of the 90 tasks local governments typically pay for software to perform highlights the potential for BPO in this sector. By leveraging AI, a well-executed BPO focusing on tasks like licensing, permitting, asset management, and budgeting could provide substantial value. Establishing early partnerships with local governments to build trust and demonstrating efficiency in these processes would be crucial in the initial six to 12 months. Despite the unconventional nature of BPO in local government, the potential for significant revenue generation and service improvement is substantial, given the sector's immense financial scale and the need for cost-saving solutions.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode