article thumbnail

The Rise of Global Business Services: The Future of Shared Services

Zinnov

” – Peter Drucker In the 1980s, Shared Service Centers (SSCs) and third-party Independent Software Vendors (ISVs) significantly changed how American organizations managed essential functions by providing access to global talent. This evolving landscape prompts a re-evaluation of how services can be optimally delivered.

article thumbnail

SSOW 23 Key Takeaways – Leading Shared Services into the Future

Premier BPO

Shared Services and Outsourcing Week (SSOW) is the industry’s leading collaborative event that brings together professionals, leaders, and experts from various industries and backgrounds to share their best practices every year. The week featured prize-winning speakers and Global Business Services giants.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Offshoring Accounting Functions and How to Make it Work

AS White Global

To many of these businesses, they engage in offshoring accounting services as more and more accounting companies and CPAs seek premium talent to do compliance work and back-office functions, so that they can ultimately focus more on advisory tasks. . Defining goals and objectives with the offshore accounting team.

article thumbnail

Enterprises—More Open than Ever to Outsourcing—Will Drive Double-Digit Growth in Finance and Accounting Outsourcing (FAO), According to Everest Group | Press Release

Everest Group

Everest Group projects that the finance and accounting outsourcing (FAO) market will grow significantly (up to 10% year-on-year) in 2022, because enterprises are demonstrating an openness toward expanding their scope of services with third-party service providers.

Finance 52
article thumbnail

Top 5 Back-Office Functions That Should Be Automated

Automation Anywhere

Kick-start transformation at the core: top 5 use cases ripe for change #1 Finance and accounting: accounts payable AP departments rarely have enough resources and are pressed to do more with less. They bring high expectations of flexibility, accommodation, and openness to the companies that employ them. billion annually.

article thumbnail

Accurate eCommerce Data Entry: Fuel Your Online Sales

Magellan Solutions

Smaller businesses or those with fluctuating workloads may need help to justify the fixed costs of having a dedicated data entry team, limiting their flexibility and growth potential. We utilize a dedicated agent model, but we’re also equipped with a hybrid model that includes a shared services team to manage overflow during peak times.

article thumbnail

One of the Best Strategic Business Decisions: Outsourcing

Premier BPO

Outsourcing isn’t about reacting to change; it’s a proactive strategy that helps you access the expertise and flexibility needed to thrive in today’s dynamic business landscape. 2023 Global Shared Services and Outsourcing Survey 2. Contact us today to access the roadmap to your future success. References 1.