Can you build a successful shared service centre when
reporting requirements in different countries are increasingly
complex and divergent? Yes, you can. But you will almost certainly
need local expertise.
Centralising your operations in a shared service environment can
be really challenging when you operate in multiple countries.
It can sometimes feel as if local jurisdictions are doing all
they can to throw a spanner in the works of the efficiencies that
make shared service centres (SSCs) such an attractive
proposition.
These efficiencies include standardised accounting transactions,
super-fast processes and reduced costs. But there are significant
local complexities to overcome.