Shared Service Center

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One of the most effective ways to cut costs out of shared services is to charge services back to the parent company. Rather than being allocated funds as a cost-center, some shared service centers

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Are your goals focused on improving the process and reducing cost?  Are you still hearing: “Do more with less”?  Most AP Visions are about being the best invoice

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APP2P17_Hyland_Whitepaper_CoverMore organizations are operating their accounts payable and accounts receivable functions as part of a regional or global shared services environment.  These organizations are drawn by the promise

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Shared services, the consolidation of business operations, usually “back office” or support operations, into a single independently-functioning unit, has been around for some time. It started

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ERP applications lie at the heart of financial operations. They manage an organization’s payment terms, supplier data, policies, Invoice information, and financial data.

4_Ways_Shared_Services_Organizations_Extend_Value_of_ERP_ Investments_with_Accounts_Payable_AutomationYet many ERP applications

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Shared service centers (SSCs) are not a new concept. As far back as the 1970s, organizations centralized AP and other noncore processes. But while these organizations performed AP and other processes

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Setting up shared-service centers (SSCs) for finance and accounting operations is a great cost-saving idea—as long as performance remains high. However, as pointed out in a recent Sungard white

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This template can be used to document questions to ask various AP locations being consolidated into an AP Shared Services group. Microsoft Excel

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This template provides a list of items to consider when organizing an AP Shared Services group. Microsoft Excel

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This template provides an example list of general tasks to consider when implementing an AP Shared Services group. Microsoft Excel

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