Firstly, back-office management comes at extreme costs. Let's take a quick look at some numbers. 25M micro-and small- enterprises in the EU spend approximately €10.000.000.000 yearly on back-office operations. On average,
European SMEs spend about 2.5% of their revenue on tax compliance only (outside of being taxed). While about 40% of business owners take accounting as the worst part of the business, according to
the research by Zenefits. Another horrific number comes from the UK, where the cost of unresolved legal problems for SMEs are
estimated at £13.6B, while UK startup spends around £22 000 on back-office procedures in the first year of operations on average.