BACK OFFICE OPERATIONS

In most Corporations is where tasks dedicated to running the company itself takes place, the term back office comes from the building layout of early companies where the front office would contain the sales and customer facing staff and at the back office would be those of manufacturing or developing the products and those who are involved in administration without being seen by the customers, although the operations at the back office are sold in prominent, they are the major contributor to a business. Broadly speaking back office includes roles that affect the costs of business trading statements.

Back office may be located somewhere other than the company headquarters, many are in the areas and countries with cheaper rent and lower labor costs. Some office parks provide back offices for tenants whose front offices are more expensive neighborhoods’, back office functions can be outsourced to consultants and contractors. Examples of back office include IT department, they keep the phones and computers running, Operations, Architecture, Accounting and Human Resources, these tasks are often supported by back office systems. Security Commerce Software that processes the company information for example Databases, the 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.

In investment firms the back office includes the administrative functions that support the trading of securities including record keeping, trade confirmation, trade settlement and regulatory compliance. In Sales,  back office typically plays a key role internally providing support to the sales force for administrative duties such as legal, finance, marketing, order management, operations support as well as customer support call centers.

Insurance Back-Office Services are the practices of using outsourcing/offshore companies to handle the major aspects of managing an Insurance Company in order to reduce expenditure on time and maximize productivity of the business.

FOCUS ON CORE BUSINESS & CUSTOMERS: Our Client “Schecter Wealth” hired us because of their firm’s overhead insurance workloads. This makes our Client possible to easily handle their customers properly and also helps them to concentrate on their core business requirements and sort them out.

ENHANCED JOB ACCELERATION: Our company has full of experienced manpower that do the best for their business. We offer the best possible results and which results in the increased work performance.

MANAGING THE WORK FORCE: We are offering the back office services and dedicated resources direct to client. This makes our Client to assign tasks and create customized results.

DEVELOP NEW COMPETENCIES & SKILL SET: It makes our Client possible to enhance their business, exploit leads, empowering skill set and help themselves to enter into a new competency market.