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

Moving from Shared Services to Global Business Services

AH Anderson Consulting

The concept of corporate Shared Services (SS) has been around a long time, with the private sector credited with starting this concept in the late 1980’s, and the public sector about a decade later. HR, IT, Finance, etc.) HR, IT, Finance, etc.) 3) End-to-End View – enables an end-to-end process view (i.e.,

professionals

Sign Up for our Newsletter

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

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

FAO buyers are increasingly open to third-party support for complex, judgment-intensive processes and digital solutions; providers are further differentiating themselves with talent strategies, governance models and ESG initiatives.

Finance 52
article thumbnail

The Importance of Strategy and Governance for Global Business Services

AH Anderson Consulting

Welcome to my third article in a series focused on insights, experience and practical advice on an operating model called Global Business Services (GBS). The GBS operating model is the latest step in the evolution of shared services (SS). HR, IT, Finance, etc.) Importance of Governance. Let’s get started.

article thumbnail

Process Excellence: A transformational lever to extreme automation

IBM Services

Along with defining and operationalizing the right level of governance across organizational layers for efficient value orchestration and continuous improvement. Shared Service Operations like Finance, Supply Chain, Procurement, HR, and Enterprise IT are the relevant horizontal domains to engage.

article thumbnail

GAG Pooling: What Is It, Challenges, and Benefits

Planergy Software

Some also pool other ESFA or Local Authority income streams and self-generated, non-government income. As stated in the Academies Trust Handbook by the ESFA, the only exception is Private Finance Initiative (PFI) funding. These services can include HR, IT support, and other shared services that benefit all schools within the trust.

Finance 52
article thumbnail

Will India’s Permanent Establishment Tax Disrupt the Global Business Service Landscape? | Blog

Everest Group

In India, the concept of PE is governed by both domestic laws and Double Taxation Avoidance Agreements (DTAA) with various countries. Potential impact on the GBS market: GBS encompass a wide array of activities, including IT services, back-office operations, finance and accounting, HR services, and more.