Shared Service Center

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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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Through making changes in responsibilities and departmental structure and practices, a growing company has discovered that a more cohesive, cross-trained AP department can handle staffing situations

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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… Read More

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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Shared services is the standardization, re-engineering, and consolidation of non-core functions within an organization. Many organizations operate accounts payable from within a shared services… Read More

While any change can be disconcerting, the change to a shared services environment can be a positive development for AP. There are numerous benefits, including streamlined, automated, and

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When exploring the unknown, prudent travelers know to bring a guide. Although the terrain looks treacherous, someone has already been there and knows the best path through. Rely on their experience

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