Indian share market is among the fastest moving share markets in the world. Therefore, it is very important that...
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.
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