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SHARED SERVICES

Shared services is basically the centralization of back end/administrative functions and tasks, such as accounts payable, travel expense payments, invoicing, etc., which can be internal within an organization, outsourced to a service provider, or a mix of the two. The shared service center views the parent organization as a client within itself. The goals of a shared service can be to reduce costs, leverage global resources (human, capital, technology, economies of scale), and efficiency.

Shared Services is part of Business Exchange, suggested by Chris Gayner. This topic contains 1,565 news and 156 blog items. Read updated news, blogs, and resources about Shared Services. Find user-submitted articles and reactions on Shared Services from like-minded professionals.

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