To improve efficiencies and control costs, many organizations employ a shared services model that allows business units to focus on their core competencies. One of the biggest challenges to this approach is making sure that the shared services costs charged to the business units is equitable, accurate, transparent and predictable.
Companies that use shared services models to assign costs to internal departments need the ability to implement a rules-based allocation approach that fits with their unique business processes. With ImpactECS you can accurately model the complex shared services provider-consumer relationship and allocate cost based on measurable and controllable drivers.
⇒ Visit our Industries Page for more about the ways we deliver value to finance teams and executives.