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The Rise of Global Business Services: The Future of Shared Services

Zinnov

” – Peter Drucker In the 1980s, Shared Service Centers (SSCs) and third-party Independent Software Vendors (ISVs) significantly changed how American organizations managed essential functions by providing access to global talent. This evolving landscape prompts a re-evaluation of how services can be optimally delivered.

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What is an Employer of Record (EOR) and how can it accelerate global expansion?

Zinnov

This includes recruitment and talent acquisition (TA), payroll and compliance, compensation and benefits, and overall HR services (onboarding letters, offboarding, and exit policies, leave management, labor law compliances, etc.). Cost Optimization Setting up a GCC in an offshore location involves investing in heavy upfront costs.

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Top 5 Back-Office Functions That Should Be Automated

Automation Anywhere

Almost half of HR global shared services executives believe RPA will deliver 10 to 20% savings to their businesses, the Deloitte survey found, with 9% expecting a savings of 40% or more. Organizations will continue to adopt more automation as they redefine the way tasks are being allocated and performed in the back office.

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Resilience Is Key to COVID-19 Business Survival

Automation Anywhere

Transforming new strategies into huge payoffs Tricor Group, a leading Asian business expansion specialist, made a momentous decision in 2019 to focus on one key strength—corporate secretarial and payroll processes, an area where demand outpaced supply.

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Freelancing, Outsourcing, or Offshoring? What Will Work Best for Your Business?

AS White Global

For example, hiring an accounting team from the same country your company is located to provide bookkeeping and payroll services. Another common service is to engage with a local digital marketing agency, rather than have an in-house marketing team.

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Why India is the No. 1 Destination for Setting up a Retail GCC

Zinnov

Meanwhile, Lowe’s GCC in Bengaluru houses over 4,200 employees 1 , delivering value-driven services across Technology, Business Services, and Shared Services for their global home improvement business. 1 Retail GCC Destination?

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Intelligent HR operations – drive amazing people experiences

Capgemini

These challenges and priorities are defining a new future state for HR shared services and outsourcing. With over17 years of professional experience, Ajay is passionate about solving client’s HR & payroll challenges through consulting, transformation, and innovative solutions. Connect with us. Connect with us.