The technology software platforms that provide the functions of the backoffice across accounting, human resources, operations, and technology continue to consolidate driven by demand from the market / customers for a unified platform solution for everything from financial services to compliance to administration. Deal news announced recently show backoffice platforms consolidating across functions to deliver more complete end-to-end solution including invoicing, expense and spend management, financial services all embedded into the flow-of-work.
The service providers implementing and managing the backoffice platforms which include FinTech, HRTech, RegTech, Vertical SaaS, WFM, and Intelligent Automation have bundled their services with modern backoffice software to deliver solutions.