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ARTICLE · 26 AUGUST 2021

Overcoming Local Complexity In A Shared Service Environment

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.

GlobalAccounting and Audit

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.

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