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A whole new world: shared services for receivables management.(Feature article)
A current trend that is highly visible among corporations is to consolidate many finance functions such as Accounts Receivable under smaller and specialized teams known as Shared Services Centers. In the past, many corporations have had different receivables departments which were dedicated to specific business units or geographical regions. Shared Services is a concept which signifies a remarkably different approach to organizing administrative finance functions. The foundation of this approach is that a centralized team will be able to deliver significant operational efficiencies while effectively servicing multiple business units within the company. Typical functions ...
- SSH adds vendor to accounts receivable service portfolio in new deal with...
- Newspaper article from: Hospital Materials Management January 1, 2004 700+ words
Shared Services Healthcare, Atlanta, has a new contract for accounts receivable services. The vendor is Allied Interstate, a subsidiary of IntelliRisk Management Corp., Columbus, Ohio. The three-year...
- Outsource Partners International, Inc. and The Brown and Joseph Companies form...
- Press release article from: Business Wire January 7, 2004 700+ words
...to improve the Accounts Receivable process, reduce...outsource their accounts receivable process. Clients...accounts payable, accounts receivable, payroll, reconciliations...the US and its shared services centers in Bangalore...
- Shared Services Benchmark Research: Costs, Structures and Savings.
- Press release article from: Business Wire February 12, 2004 700+ words
...achieving savings through shared services and other cost-cutting...include: -- Financial Shared Services Staffing and Ratios -- Financial Shared Services Costs and Ratios...Accounting Process -- Accounts Receivable: Improving Corporate...
- ARTHUR ANDERSEN FORMS SHARED SERVICES GROUP
- Press release article from: PR Newswire September 28, 1995 700+ words
...in corporations with shared services receive greater training...Effective implementation of shared services motivates and empowers...accounts payable, accounts receivable, fixed assets), the concept of shared services is spreading into other...
- A Review of the Shared Services Market, Including for Example Its Development,...
- Press release article from: Business Wire November 3, 2005 700+ words
...Services 1.1.1.2 Shared Services Savings by Function...1.2 Types of Shared Services and Related Entities...AP) 1.1.2.2 Accounts Receivable (AR) 1.1.2...Processes 1.1.3 Shared Services Organization Models...
- Integrate expectations: companies can squeeze significantly more value out of...
- Magazine article from: Financial Management (UK) Leach, Bob March 1, 2004 700+ words
...up the ratchet on shared-services centres to the next...The concept of shared services is nothing new...accounts payable and accounts receivable in regional centres...the early days of shared services in Europe, companies...
- Owens Corning Selects VIN.net Expense Management System for Shared Services...
- Press release article from: PR Newswire November 16, 1999 700+ words
...operations, runs a Shared Services Center which has...accounts payable, accounts receivable, miscellaneous...Kearney, Manager of Shared Services at Owens Corning...as those on our shared services team. In addition...
- Accounts-receivable financing helps some small businesses grow.
- Newspaper article from: The Orange County Register (Santa Ana, Calif.) (via Knight-Ridder/Tribune News Service) August 9, 2005 700+ words
...you do? Plenty, if you have accounts receivable. If you're in business, chances...heard of factoring _ selling your accounts receivable _ but probably haven't heard of accounts-receivable financing _ getting a loan secured...
Source: HighBeam Research, A whole new world: shared services for receivables...