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Bus/Financial - Business/Commerce (general)
Additional field(s): Finance (general), Human Resources, IT (Information Technology) | | English term or phrase: back office | Definition from Alan V. Deardorff :
Refers to the activities of a firm that are necessary to its functioning but are not directly part of production, such as accounting.
Example sentence(s): - ANZ India is set to transfer 400 back office jobs from Australia and New Zealand to India in the next eight to 10 months. The Telegraph of Calcuta
- Financial institutions all around the world are saving millions by successful transformation of their back office operations. Major European banks are doing everything possible to make their back office operations faster, cheaper, more secure and more effective. Jacob Fleming Conferences
- Back offices of traditional money mangers are now being faced with the tracking, accounting, reporting, analytics and performance measurement of these complex assets. Without this back office capability, it becomes more difficult to maintain the existing business, and even more difficult to grow total assets under management. Thomsom White Paper
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| back office | Definition:
The back office is generally considered to be the technology, services and human resources required to manage a company itself. Back office includes such systems as the IT, human resources and accounting departments. The back office is supported by a back end system. |
| Selected response from:
  Bertil Andreazon
| Grading comment | 4 KudoZ points were awarded for this answer |
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The translation workplace 
