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The primary issues and risks associated with SSC legal and fiscal requirements
are plentiful, encompassing multiple jurisdictions. Mastering the requirements
for one country is simple enough, but meeting the legal and financial parameters
for many countries is appreciably more complicated. The eight-step methodology
outlined here can help.
Shared services involves the consolidation and redesign of administration and support business processes into major service centers. The objective of these shared service centers (SSCs) is to deliver the optimum in cost-effective, high-quality services. The shared services model helps achieve economies of scale in back-office processes and eliminates the replication of basic transaction processing capabilities across an organization.
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