Industry News
Why Top Performers Are Shifting Their Finance Processes to Shared Services
A growing number of organizations are choosing to move their finance processes to a centralized shared services center, aiming to reduce cost while improving productivity and efficiency. The shared services metric is considered a key performance indicator for efficiency of finance processes. Across all major finance processes, top-performing finance shared services centers have significantly better staffing ratios than lower performers do. Becoming a top performer is about committing to best practices in process management, structure, governance, and technology.