What are the Best Business Process Model Solutions in F&A Shared Services?
There are plenty of models, but which is right for you?
The key business process models prevalent in the Finance &
Accounting (F&A) Shared Services realm for the past two decades are:
Business Process Outsourcing (BPO)
Business Process Management (BPM)
Business Process Transformation (BPT)
Business Process Services (BPS)
…in the third-party space (customers outsourcing work to external service providers);
and Global Business Services (GBS) in the captive space (outsourcing work to a different team and/or location within the same organization).
Each of these models began with certain objectives only to
realize later that eventually the speed of execution with the least
dependence on the customer was the key differentiator. Download the full article to continue reading.
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