Finding a suitable form of Financial Shared Services

| Point of View

Financial Shared Service Centers (FSCCs) are widely known, but they are certainly not uncontroversial. The decision-making process prior to the implementation of a SSC is typically very slow. Why are organizations not able to take such decisions faster? Capgemini Consulting argues, based on experience, that it is not a black and white issue of whether or not to choose for a SSC since there are many forms of ‘sharing financial services’. Cost savings are also no longer the primary reason for the implementation of shared services. By gaining insight in the true SSC objectives and by determining a suitable form for sharing, the decision-making process will be accelerated and the chances of a successful implementation will increase.