In SAP, a shared service refers to a centralized unit or department within the SAP system that provides common support functions to multiple business units or departments. These shared services can encompass various SAP modules such as Finance (FI), Controlling (CO), Human Capital Management (HCM), and Procurement (MM), among others. By leveraging shared services in SAP, organizations can standardize processes, optimize resource utilization, and improve efficiency and collaboration across the enterprise, ultimately driving operational excellence and cost savings.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
