Shared Services: Improving Record to Report Performance
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Typically, Shared Services Center (SSCs) automation initiatives have been undertaken to reduce costs and improve efficiency. And these goals are achieved relatively easily within the first few years, most immediately through reduced labor costs and centralized activities.
In fact, standardization and centralization deliver up to 50% savings. During subsequent phases, technology automation and outsourcing can cut costs further. But, if cost reduction is the only clearly defined goal, organizations will reach a point of diminishing returns.
So how can SSCs continue to reap the benefits of continuous improvement and ROI through technological investment? Implementing Shared Services Center Best Practices.
Download this eBook to discover Shared Service Center best practices for maximizing the full potential through continued automation of financial processes.