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Term: Integrated Business services
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FinanceDataAnalyticsProcurement
Shared Service Centers (SSC) were created to improve service delivery and reduce costs within distinct parts of their businesses for over 20 years. Mostly these parts of the business are back office related, administrational work that can easily be managed by a third party, however, now a days many business leaders are recognizing that wider benefits can be achieved. How do they do so? By leveraging Shared Services and Outsourcing consistently across multiple functions and regions, and in some cases moving all elements of this into one organization.