In supply chain management large companies are particularly affected by compliance problems. the cloud provides solutions for faster traceability of data.
For a company that decides to use a cloud solution, there are great benefits.
Welcome back! We hope you enjoyed the holiday break. Now let’s continue with something new! Something that concretizes how standardized workflows are worked into a company. As we established last time an example for implementing Third Party Due Diligence as a Shared Service can be the following: customers with questionable motives get sorted out by [...]
Talking about Shared Services always means talking about the simplification of processes. So, let’s do that with our Third-Party Due Diligence (TPDD) topic now. Like established last week, summarizing available customer information prevents possible fraud or product abuse and allows you to identify between credible and non-credible customers. How exactly do you accomplish that? Let’s [...]
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 [...]
In order to successfully implement a shared service center, the concept has to be widely spread. This includes the management level as well as every individual employee. New interfaces emerge, cooperation between the different levels and departments evolves, and everybody has to keep track – at least to a certain extent, in order to make [...]
Like promised last week it’s all about productivity this time. In other words: Which kind of advantages does an SSC offer when used correctly? We already established that the mere implementation of Shared Service Management offers the difficulty of constantly having to compare processes between local headquarters and the SSC. So let’s start this one [...]
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 [...]
A Shared Services Center combines the advantages of external service providers with the reliability of internal staff. The effects of an externally hosted cloud system being used by employees of a company can boost their economic statistics by a far. By implementing the MDM Enterprise Solution into in-house processes not only will compliance with international [...]