The traditional office setting, with its rows of desks and cubicles, is undergoing a seismic shift. As technology continues to evolve, more and more companies are embracing a remote work model. This trend is particularly evident in the back office, where tasks like accounting, customer service, and human resources can often be performed just as effectively from a home office or co-working space. In this blog post, we’ll discuss the impact of the remote workforce on the back office.
Benefits of a Remote Back Office
- Cost Savings: Remote work can significantly reduce overhead costs associated with maintaining a physical office space, including rent, utilities, and maintenance.
- Increased Productivity: Studies have shown that employees who work remotely often report higher levels of productivity due to fewer distractions and a more flexible work environment.
- Improved Employee Satisfaction: Remote work can lead to greater job satisfaction among employees who value flexibility and work-life balance.
- Access to a Wider Talent Pool: By removing geographic constraints, companies can recruit top talent from anywhere in the world.
Challenges and Considerations
While the benefits of a remote back office are significant, it’s important to address potential challenges:
- Communication: Maintaining effective communication among team members can be more difficult when they are physically separated.
- Isolation: Remote employees may feel isolated or disconnected from their colleagues.
- Technology: Ensuring that employees have the necessary technology and support to work effectively remotely is crucial.
Implementing a Successful Remote Back Office
To successfully transition to a remote work model, companies should consider the following:
- Clear Policies and Procedures: Establish clear policies and procedures for remote work, including expectations for work hours, communication, and technology usage.
- Employee Training: Provide employees with training on remote work tools and best practices.
- Communication Tools: Invest in effective communication tools, such as video conferencing and project management software.
- Performance Management: Develop performance metrics that are suitable for a remote work environment.
Remote Workforce Webinar
In this recording of a live webinar from September of 2021, we will delve deeper into the benefits, challenges, and best practices for implementing a successful remote work model in your back office. You will hear from two industry leaders who had to transform their large AP operations into fully functioning remote operations virtually overnight as the pandemic caused businesses to close their onsite operations to employees.
Matt Mitchell, VP of Financial Shared Services for Boyd Gaming, and Misti Holland, Senior AP Manager of Love’s Travel Stops & Country Stores, will share their experiences, challenges, and opportunities from converting their high-volume AP operations to a remote processing model. The webinar also includes high-level demonstrations of ICG solutions that helped them achieve success in adapting to the new normal.