Making the Move to Finance & Accounting Shared Service Centers: Understanding the Drivers, Challenges, Benefits & Trends
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In addition to cost savings, shared service centers for finance and accounting functions such as collections and payments execution are being leveraged by corporations to institute best practices and provide additional value-added capabilities to improve management visibility and control, enhance process quality, and increase overall business performance.
Attend this webinar to learn about a recent SunGard global study of small- to large-sized corporations that examined the primary drivers, perceived challenges and overall satisfaction among companies already using or looking to migrate to a shared service center model. Topics of discussion will include:
- The reasons why many organizations choose to deploy shared service centers
- The experiences of organizations currently utilizing shared service centers
- Best practices in launching a shared service center
- Common pitfalls to avoid when initiating a shared service center
- Real and perceived obstacles in moving an organization towards a shared service model
Mr Harrison is a Project Manager for REL. He has over 20 years of experience specialising in Customer-to-Cash (C2C) assignments undertaking scoping, analysis & design and implementation projects across a wide range of industry sectors and geographies. He has been responsible for teams of clients and consultants involved in Organisational Change, Best practice Process Improvement and Working Capital Management. Most of Mr Harrison's assignments have focussed on delivering tangible and sustainable significant cash flow improvement supported by process change. He is a senior member of REL's C2C Practice Group and supports the development and maintenance of best practices both for internal use and for the benefit of clients.
Helen Sanders is Director of Asymmetric Solutions Ltd, which provides treasury and finance-related editorial, research and consultancy services to corporations and banks.
Helen was formerly Director of Education for the Association of Corporate Treasurers in the UK, during which time she was responsible for launching their new education programme. She was Director of SunGard Treasury Systems in Europe from 1995-2002 and managed sales and marketing of treasury solutions and services to corporations. Prior to joining SunGard, she worked in corporate treasury and tax in the energy and IT sectors, and holds postgraduate qualifications from the University of London and Open University in the UK.