KPMG offers proven practical approaches to implementing Shared Services Centers (SSC), aimed at maximizing the benefits of SSC creation regardless of the industry or the type of service function being transferred.
A Shared Services Center (SSC) is a model for organizing support functions whereby auxiliary business processes for a group of companies are consolidated and transferred to a single center that:
- Operates as a company or division providing services such as accounting, treasury operations, procurement management, HR, IT, and more to other companies within the group (with potential to expand to external clients);
- May specialize in a single service area or operate as a multifunctional center;
- May be physically centralized in one location or structured across several regional centers;
- Can deliver services at the regional, national, or international level.