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Home > QFINANCE Dictionary > Definition of back office

Definition of

back office

General Management

staff without direct dealings with customers the administrative staff of a company who do not have face-to-face contact with the company's customers.

Related definitions of "back office"

Recommended Further Reading (Term count)
  • Risk Management at a Crossroads
    by Maureen J. Miskovic
    Maureen J. Miskovic believes that in the post-crash period risk managers of banks and financial institutions are going to step out of the back office and into front-line roles. Miskovic has been Executive Vice-President and Chief Risk Officer at Boston-based State Street since April 2008. In this capacity, she oversees a global team of more than 250 multidisciplinary enterprise risk professionals.Miskovic, born in the United Kingdom, is also a...
  • Reducing Costs and Improving Efficiency by Outsourcing and Selecting Suppliers
    by Paul Davies
    As a tool for the CFO, outsourcing has an important role to play in reducing costs and improving efficiency. It is important, however, to bear in mind that in addition to the direct and indirect benefits of outsourcing, there are also direct and indirect disadvantages. Outsourcing isn’t the answer on its own, and it has to be part of a holistic analysis to be successful.
  • Corporate Strategies in Central and Eastern Europe (CEE) from 2009 to 2011
    by Nenad Pacek
    Nenad is Vice President of Corporate Network, Economist Group’s business advisery service for multinational companies. Nenad is the lead author of the best selling book Emerging Markets: lessons for business success and outlook for different markets. He advises global and regional managers of multinational companies on how to make the best strategic and operational choices regarding international expansion and how to interpret economic and...
  • Merchant Banks: Their Structure and Function
    This checklist describes merchant banks, what they do, and who can make use of their services.

Definitions of ’back office’ and meaning of ’back office’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’back office’ and other financial terms with our online QFINANCE Financial Dictionary.

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