SAP Shared Services
In today’s tough trading environment, enterprises are facing growing pressures on many sides. CFO’s are tasked with reducing the cost of finance and accounting functions whilst improving visibility and control. Other non-core areas such as HR, IT, Procurement, Real Estate and Site Services are also pressured to reduce costs and increase efficiencies as Senior Management and investors are demanding increased profitability and return on investment. With particular focus on the new requirements placed on companies following the corporate scandals in the United States and the Sarbanes-Oxley Act of 2002 that followed.BizAps is well equipped to help your business overcome the key challenges to setting up and operating a successful Shared Services operation.
We have developed methodologies and principles to help successfully address challenges such as organisational, political and cultural barriers as well as the need to ensure compliance with multiple legal, statutory, tax and management reporting requirements. Many BizAps personnel have extensive experience in Shared Services. Read more in A Practical Approach to Setting Up Regional or Global Shared Services (PDF).
Whilst any Shared Service initiative will have implications for people and processes, technology has been a significant enabler for success. See Optimising your ERP System as an Enabler for Shared Services (PDF), for further information in this area.
We partner with you to help you achieve a solution that meets the need to really “think globally but act locally”.
BizAps advises you on strategy, the most appropriate end-to-end process re-engineering decisions and the optimal SAP architecture to be adopted.
We add significant value to a successful Shared Services initiative in the following areas:
- Program evaluation, preparation, strategy and blueprint design
- Project management and support
- Change management and communication
- Implementation of SAP solutions for regional and global Shared Services
- Ensuring compliance with local legal, statutory, tax and reporting requirements in European, Latin American and Asia Pacific countries
- Implementation of continuous improvement projects to optimise your Shared Services environment
For more information about our expertise in SAP & Shared Services please download the Financial Shared Services Brochure (PDF) or visit the case studies section for examples of projects we have done for some of our customers.
