Search
 

Shared Services Slash Costs

World-class companies can cut labor costs in half, Hackett says.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Looking for ways to save? A recent study by the benchmarking firm the Hackett Group suggests that implementing a global shared services model can cut costs substantially. Hackett estimates world-class companies with global business services units save more than 50% in labor costs and 25% in other costs.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Recommended Stories

Covid-19 Impacts on Trade

Nathan Feather |

April activity on a supply chain finance platform indicates how the pandemic is affecting specific industries and regions.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.