Low-cost Shared Services Center produces millions in savings
Summary
The world's largest producer of alcoholic drinks, the client stocks bars and shelves in 200 countries around the globe. The client wanted to investigate sourcing options for its existing Shared Services Center (SSC) in Central Eastern Europe and additional world-wide functions still decentralized in Latin America, Asia, Europe and Africa
Client Challenges
Inherited numerous systems and processes from its predecessor companies
Needed high-quality, timely information, to allocate resources and manage performance
Required a single-site Shared Services operation with a common system and global processes
How Alsbridge helped
Analysed the case for outsourcing the existing Finance Shared Services Center (SSC)
Analysed the case for in-house or outsource the decentralized Finance and Accounting (F&A) activities world-wide
Analysed numerous functions, sourcing models and locations
Analysed risk and benefits of each scenario
Benefit
Annual savings of $5 million to date by locating the SSC in a low-cost environment
An additional $3 million in savings from efficiency improvements and elimination of duplication across markets
