Regulatory and business requirements do not contradict each other. On the contrary: Both can be traced back to common objectives and intentions. Companies can use regulatory requirements as a starting point in order to realize synergy effects between the specified obligations and their own objectives. To simplify matters, we have developed a compliance model that [...]
Organising Material Master Data is no easy feat as you have learned in our last blog post. But put into strictly hierarchical fashion it is possible to create an effective digital infrastructure for all compliance data. This structure facilitates organization of material-related information and prevents redundant storage. Especially, when material is stored in more than one [...]
Last week our excursion on Corporate Culture treated implicit company rules. We did this because it is essential to what we’re gonna do now: since the basics of SSC are well established at this point, we’re gonna look at the individual work processes and how they fit inside the Shared Service Management. First: Risk Management [...]
Did we change the rational order in which aspects of the Shared Service topic are normally presented to catch your interest? Yes, we did. But don’t worry, we’ll get to the features of a fully functioning SSC – right now! As of now the main aspects of a company’s work on achieving regulatory compliance are [...]
So now that we’ve established the basics of what supporting cloud systems actually do achieve for companies in terms of data management and compliance let’s get into deeper territory with our next few blog posts! How can Shared Service Models – understood as the result of business outsourcing processes - be implemented into in-house processes [...]
Now let’s talk about virtually the most important issue in terms of addressing topics like master data management and cloud migration – the reason why you should deal with the matter, so to say: regulatory compliance! The fulfilment of compliance requirements has long been more than just a chore. In fact measures implemented to meet [...]
Let's go back to the roots of intelligent cloud computing in this one. When choosing which cloud service model to get provided with it always depends on the specific knowledge of your company staff. Naturally not all employees in a company are crowned IT experts. So when we take a look at the three cloud [...]
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