
Those of us in the Finance and Accounting (F&A) have suffered the same fate for years. Being the last ones on the transaction work track; finance is responsible for cleaning up all the upstream messes that makes transaction processing inefficient. The F&A departments also seem to be the ones that are last on the investment list to clean up non-standard and non-optimized processes and multiple Enterprise Resource Planning (ERP), and other legacy systems (typically driven by growth; by acquisition; or expedient organic growth) used to execute transaction processing.
Shared Services has long served as a driver to eliminate these problems and vastly enhance efficiency of finance transaction processing. If implemented correctly, it can provide the platform to drive process standardization, optimize processes with best practices and ERP alignment, exploit economies of scale by centralization of efforts, enhance communication in training with processes in one place and dramatically improve processing efficiency.
Alsbridge uses our market-proven FastSource⢠methodology to help you design and build the right Shared Services solution with:
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