Shared service models are still relatively new, and they are evolving quickly. We have observed significant technology shifts every few years in the tools and processes that support these business models – which in turn enable more strategic sourcing practices for both basic and higher-value finance activities.
Based on KPMG’s 2013 survey of finance executives, many of them seem to believe their shared service operations are sufficiently mature and that no further reorganization or investment is needed. This can prove a dangerous position to take.
As new technologies, business models and market opportunities emerge, companies that stand still run the risk of losing competitive advantage.
View (PDF 528 KB) the full article.