Difference between revisions of "Shared services"
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− | [[ | + | :[[Shared services]] are business strategy to centralize administrative functions. An operational approach where each country or unit uses administrative services from a central source rather than repeating these services in different locations (examples of services include finance, purchasing, inventory, payroll, hiring, and information technology). |
==Definition== | ==Definition== | ||
According to the [[HRBoK Guide]], | According to the [[HRBoK Guide]], | ||
− | :[[ | + | :[[Shared services]]. Business strategy to centralize administrative functions. An operational approach where each country or unit uses administrative services from a central source rather than repeating these services in different locations (examples of services include finance, purchasing, inventory, payroll, hiring, and information technology). |
[[Category: Management]][[Category: Articles]] | [[Category: Management]][[Category: Articles]] |
Latest revision as of 12:26, 21 July 2020
- Shared services are business strategy to centralize administrative functions. An operational approach where each country or unit uses administrative services from a central source rather than repeating these services in different locations (examples of services include finance, purchasing, inventory, payroll, hiring, and information technology).
Definition
According to the HRBoK Guide,
- Shared services. Business strategy to centralize administrative functions. An operational approach where each country or unit uses administrative services from a central source rather than repeating these services in different locations (examples of services include finance, purchasing, inventory, payroll, hiring, and information technology).