Defining the Responsibilities of Global Process Owners (GPO)
Introduction The use of Global Process Owners is an organizational design that has been around for a number of years now and is widely accepted at most companies utilizing a Shared Services organizational structure. While the concept of the Global … Continue reading
Lessons Learned in Rolling Out a Shared Services Branding Initiative
Introduction Ensuring that your Shared Services operation is appropriately branded can help to properly position this critical organization within your company. Due in part to the transactional nature of many processes typically found within Shared Services, employees, business partners, and … Continue reading
Defining a Captive or BPO Sourcing Strategy for Shared Services
Introduction Outsourcing back-office processes that are often found in a Shared Services center continues to be popular as external service providers improve the quality of their services and methods for how to best transfer and manage work processes becomes routine. … Continue reading
Taking Enterprise Reporting to the Next Level with Integrated Automation
Introduction A number of major corporations have recently created an Enterprise Reporting Services operation as part of their Shared Services organization. This group provides reporting and analysis services to a variety of key areas of the company, such as Marketing, … Continue reading
Locating a Shared Services Operation in Latin America
Introduction With a wide selection of viable geographic location options in Latin America, many large corporations have chosen to locate significant Shared Services organizations in that part of the world. There are a variety of reasons for doing so, including … Continue reading
Influencing End-to-End Process Optimization Across Functional Silos
Introduction To maximize the value of Shared Services, a broader view of how work flows across the enterprise needs to be considered. In most cases, the efficiency (or inefficiency) can significantly impact costs not only in Shared Services, but for … Continue reading
Creating a Shared Services Governance Structure that Ensures Alignment with Key Stakeholders
Introduction An effective governance structure can strengthen Shared Services in a number of different ways, including its alignment with company goals, resource prioritization, and focusing on the needs of its key stakeholders on a more comprehensive basis. The approach taken … Continue reading
Creating an Employee Experience Focus in a Shared Services Environment
Introduction As companies continue to mature in their approach to Shared Services in such important ways as geographic design, integrated services, and advanced technology, it is critical to ensure the staff finds their work fulfilling and that the workplace is … Continue reading
Organizational Responsibility for the Escheatment Process
Introduction In the United States, the Escheatment process, also commonly known as the Unclaimed Property process, consists of turning over unclaimed or abandoned checks, whose owners cannot be traced, to a state authority. Every company is required to file unclaimed … Continue reading
Driving Shared Services Success with Innovative Organizational Design
Introduction A significant number of Shared Services organizations utilize unique organizational designs and have experienced excellent results in improving not only the overall performance of their operation, but also the satisfaction level of their employees. There are a number of … Continue reading