A back office is a part of most corporations where tasks dedicated to running the company itself take place. Examples of back-office tasks include IT departments that keep the phones and computers running, accounting, and human resources. These tasks are often supported by back office systems: secure e-commerce software that processes company information (i.e. a database). A back office system will keep a record of the company’s sales and purchase transactions, and update the inventory as needed. Invoices, receipts, and reports can also be produced by the back office system. Office types Class A office space Back office Front office Mobile office Paperless office Serviced office Small office/home office Virtual office Class A Office Space describes the highest quality office space locally available. ... Front office is an integrated CRM software. ... Office types Class A office space Back office Front office Mobile office Paperless office Serviced office Small office/home office Virtual office A mobile office is an office built within a truck, motorhome, trailer or purpose built shipping container. ... Office types Class A office space Back office Front office Mobile office Paperless office Serviced office Small office/home office Virtual office The paperless office was a visionary or publicists slogan, supposed to apply to the office of the future. ... Office types Class A office space Back office Front office Mobile office Paperless office Serviced office Small office/home office Virtual office A serviced office is an office or office building that is fully equipped and managed by a facility management company, which then rents individual offices or floors to... The modern concept of Small Office and Home Office or SoHo, or Small or Home Office deals with the category of business which can be from 1 to 10 workers. ... Office types Class A office space Back office Front office Mobile office Paperless office Serviced office Small office/home office Virtual office A virtual office is a service that is offered through serviced offices which allows clients to use a prestigious office address and professional reception service, without renting a... Corporate redirects here. ... Information technology (IT), as defined by the Information Technology Association of America (ITAA)is: the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ... It has been suggested that Accounting scholarship be merged into this article or section. ... Human resources has at least two meanings depending on context. ...

In banking the back office is the heavyweight IT processing systems that handle position keeping, clearance, and settlement. In investment firms, the back office is the administrative functions that support the trading of securities, including recordkeeping, trade confirmation, trade settlement, and regulatory compliance. If used in sales, the back office fulfills customers’ orders and may usually perform the duties involved in customer support call centers. In banking and finance, clearing denotes all activities from the time a transaction is made until it is finally settled (see settlement). ... Settlement (of securities) is the process whereby securities or interests in securities are delivered, usually against payment, to fulfill contractual obligations, such as those arising under securities trades. ...

Sometimes back offices may be somewhere other than the main headquarters of a company. Much of the time they are in suburban areas with cheaper rent, or these functions are outsourced to contractors in other countries. This global back office is referred to as cross-border business-process outsourcing. Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation. ...

The term comes from the building layout of early companies where the front office would contain the sales and other customer-facing staff and the back office would be those manufacturing or developing the products or involved in administration but without being seen by customers. Although the operations of a back office are usually not thought of, they are a major contributor to a business Front office is an integrated CRM software. ...

See also

• Front office
• Middle Office
• Virtual office

Front office is an integrated CRM software. ... The middle office is the group of employees in a financial services company that manages risk, calculates profits and losses, and (generally) is in charge of information technology. ... Office types Class A office space Back office Front office Mobile office Paperless office Serviced office Small office/home office Virtual office A virtual office is a service that is offered through serviced offices which allows clients to use a prestigious office address and professional reception service, without renting a...

References

• Business Link (2006). Maintaining your web content and technology. http://www.businesslink.gov.uk/bdotg/action/detail?r.s=sl&type=RESOURCES&itemId=1075383691. Retrieved Jun. 25, 2006.
• Haag, S. et al Management Information Systems for the Information Age (3rd Canadian ed.) Toronto: McGraw-Hill
• Investorwords.com (2005). Back Office. http://www.investorwords.com/376/back_office.html. Retrieved Jun. 24, 2006.
• MSN Encarta Dictionary (2006). Back Office. http://encarta.msn.com/dictionary_561532699/back_office.html. Retrieved Jun. 24, 2006.
• General and Administrative Services (G&A Services). http://www.gaserv.com