Back Office Services
Back Office Services is the key factor for running the cost effective business process. A professionally organized back office services can provide an effective functioning for small scale to large scale business.
Reduce costs and drive business efficiency
Back-office operations are considered to be the strength of an enterprise and therefore are no less important than the essential functions. As more businesses are growing day by day, local workloads need extra hands to get away from pressure. Back office outsourcing enables companies to make the most of their business resource and to gain out of it.
What is Back Office Services Outsourcing basically means to you?
Back office outsourcing is the delegated task given to a third party service provider who eyes on the most labor-intensive tasks from each local, senior role, you give your core staff to breathe and focus on high-value projects.
Back Office functions can be outsourced?
Some popular small-medium-large size Back Office Outsource services are –
- Finance, Accounting, and Payroll
- Human Resources, Recruitment and Training
- Data Management
- Personal Assistance
- Customer Support
- Data entry
- Content Moderation
- Document Conversion
- Forms Processing
- Website design and development
- Legal research
- Software development
- SEO, SEM, SMO
- Internet branding
- Appointment scheduling
- Staffing Solutions
Back Office Services Outsourced Team
The back office outsourced team is produced with traditional business team structure where assistants are delegated as a PA or VA. Hence, an assistant either personal (PA) or a virtual (VA) has to work with everything from note taking and email management to reports, typing, project management and event planning.
When to think of outsourcing Back Office Services?
Business may fall if the initiative is not taken on the right time. In fact, only few people realize its value. If your organization is struggling to keep up with growing demands for labor in the back office, you could probably benefit from outsourcing all or part of your back office processes to a reliable partner. What is more, you will be able to support your business by paying a fraction of your money in supporting lower tasks like administration and data analysis.
Back office outsourced finance support team
In any financial services, back office finance outsourcing is becoming more popular due to its efficiency to maintain accounting and finance based work. This is a finance department need to manage the monetary matter of business and all its hustle and bustle. So for better cash flow and plans for companies’ growth, labor-intensive tasks are better cared of if it is outsourced from back office outsourced team.
Back office finance professionals do to support the management team. They can do range of services starting from clerical work to document management duties. Besides they also do –
- Payroll Manager
- Payroll Processors
- Accounts Payable
- Accounts Receivable
- Debt Collection Specialist
- Administrative Assistants
- Data Entry Specialists
Download Back Office Costs Chart
Back office outsourced IT support team
The outsourced IT support team mostly deals with the development of software services for the business. They are more specialized in protecting against digital threats such as hacking. By keeping up with the most advanced security methods and tools, business can be able to get prolong benefits out of it. Besides, outsourced IT support team does maintain the most crucial part of business that is finance and economic sector by customizing your payroll and accounting software.
Back office marketing support team
Outsourced marketing agency renders typical marketing support with similar marketing strategy. There no way to disregard the fact that business needs a whole lot more market data. Besides, for collecting marketing data more and more money is spent which should not be overlooked.
An Amazing back office marketing team also can assist local marketing manager with proper market research activities and data analysis.
- Market Researcher
- Marketing and Data Analyst
- Administration Assistant
- Data Entry Specialist
Local Marketing Managers get more support when the back office marketing support team works closely with other offshore teams including:
- Digital Marketing team
- Contact Center team
Outsourced Marketing back office team, for example, monitors the preference of Online Customers through online surveys. As a result, business can get new ideas while promoting new products.
Back office business analysis support team
The primary duty of the back business analysis team is to understand the basic of the business and look after present and future problems as well. They focus on the project and come up with potential risk factor which may hinder business growth. Their job relies on a lot of data, so they’re usually supported by a team:
- Business Analyst
- Data Researchers
- Data Analysts
- Data Entry Specialists
Back Office Human Resource Team
Human resource outsourcing is characterized by long-term deals and slow but steady growth. Commonly outsourced HR functions such as payroll, employee data administration, and employee benefit management have however witnessed very little innovation. However, this team recruit, hire, train and retain top talent that allows you to easily scale up or down to meet seasonal or market demands.
Here are some human resources functions that are applicable to companies:
- Talent Acquisition/Recruitment
- Compensation Management
- Benefits Administration
- Training and development
- Performance Management
- Maintaining Employee and Labor Relations
Having Outsourcing Human Resource team has lot of advantages. As the year passes, they help organizations not only to save its precious time but also to develop a better strategy with building better procedures and workflows.
So the right decision today for you is to have your most of the labor and cost oriented Back Office Work outsourced. After all, this saying goes true with business – Penny wise, pound foolish.