One of the key aspects of any business is its back office function and processes. This is where the recording of all financial activities of the business takes place, including, the invoicing of sales, the collection of debts and the payment of all costs incurred in running your business.
The back office functionality and processes required will depend on the nature of the business, the intricacies of the service or product, the complexity of the supply chain and the delivery mechanism of the good or service being delivered to the end customer.