In recent years, the development of technology, along with globalization and reduced trade barriers have led to changes in the service sector.
Lately, many companies are forming strategies which involve outsourcing parts of their internal services in order to reduce costs, increase productivity and improve service times, allowing for expansion of their business.
Back office services include the countless internal procedures that improve company efficiency and allow companies to focus on their core business activities.
Many companies operating in Latin America waste time, money and resources trying to perform back office services internally. This has give rise to the outsourcing of back office services.
This allows companies to focus their efforts on developing their business strategies without having to worry about tedious aspects of operating in Latin America such as financial reporting, legal obligations and customs issues.
Important Back Office Services in Latin America
Outsourcing back office is a strategy that allows companies to contract out certain aspects of their business, including:
Company formation
Company incorporation
Visa processing
Recruitment
Accounting and financial services
Legal services
International trade
Due diligence
Outsourcing certain aspects of your business can result in higher levels of productivity and cost reductions.
Back office service providers should work hand in hand with their clients; sharing the same vision of success. Both parties must be clear about the factors needed to maintain a positive long-term relationship. Clearly defined roles and responsibilities will ensure both parties are clear of their professional obligations as part of the business relationship.
Biz Latin Hub can provide back office services in Latin America
At Biz Latin Hub, we offer a complete portfolio of back office solutions to guarantee the success of your company formation and ensure the good performance of your commercial operations.
Through our high-quality legal, accounting, and recruitment services, we are equipped to be your single point of contact to establish and manage your business in Panama, or any of the other 15 markets across Latin America and the Caribbean where we have a presence.
Contact us now for personalized assistance or a free quote.
As informações fornecidas aqui não devem ser interpretadas como orientação ou aconselhamento formal. Consulte um profissional para sua situação específica. As informações fornecidas são apenas para fins informativos e podem não abranger todas as leis, padrões e práticas recomendadas pertinentes. O cenário regulatório está em constante evolução; as informações mencionadas podem estar desatualizadas e/ou podem sofrer alterações. As interpretações apresentadas não são oficiais. Algumas seções baseiam-se nas interpretações ou pontos de vista de autoridades relevantes, mas não podemos garantir que essas perspectivas serão apoiadas em todos os ambientes profissionais.
La información que aquí se ofrece no debe interpretarse como orientación o asesoramiento formal. Por favor, consulte a un profesional para su situación específica. La información proporcionada tiene únicamente fines informativos y es posible que no recoja todas las leyes, normas y mejores prácticas pertinentes. El panorama normativo está en continua evolución; la información mencionada puede estar obsoleta y/o sufrir cambios. Las interpretaciones presentadas no son oficiales. Algunas secciones se basan en las interpretaciones o puntos de vista de las autoridades pertinentes, pero no podemos garantizar que estas perspectivas se respalden en todos los entornos profesionales.
The information provided here within should not be construed as formal guidance or advice. Please consult a professional for your specific situation. Information provided is for informative purposes only and may not capture all pertinent laws, standards, and best practices. The regulatory landscape is continually evolving; information mentioned may be outdated and/or could undergo changes. The interpretations presented are not official. Some sections are based on the interpretations or views of relevant authorities, but we cannot ensure that these perspectives will be supported in all professional settings.
Craig Dempsey
Craig is a seasoned business professional in Latin America. He is the Managing Director and Co-Founder of the Biz Latin Hub Group that specializes in the provision market entry and back office services. Craig holds a degree in Mechanical Engineering, with honors and a Master's Degree in Project Management from the University of New South Wales. Craig is also an active board member on the Australian Colombian Business Council, and likewise also active with the Australian Latin American Business Council.
Craig is also a military veteran, having served in the Australian military on numerous overseas missions and also a former mining executive with experience in various overseas jurisdictions, including, Canada, Australia, Peru and Colombia.
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