A shared service model is a business approach where common functions, such as IT, HR, or finance, are centralized and provided to multiple departments or business units within an organization. This model aims to streamline operations, reduce costs, and improve efficiency by standardizing processes and leveraging economies of scale. Shared service models often involve establishing dedicated service centers or teams to deliver these shared functions effectively across the organization, fostering collaboration and resource optimization.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Bringing the Trifecta Power - Automation, Analytics, AI
Recommended Digital Assets for You
Suggested Resources
Emagia Customer Services: Transform Your Customer Financial Services to the Digital Age
Digital Order-to-Cash: A Roadmap to Collections Automation (Part 2 – Keeping the Customer and Maximizing Cash Flow)
World-class Digital Order-To-Cash: Transforming Accounts Receivables For the New Normal
Data-driven Banking & Financial Services
Add AI to Your Order-to-Cash Process
AR Automation for JD EDwards
AR Automation for SAP
AR Automation for Oracle
AR Automation for NetSuite
AR Automation for PeopleSoft
AR Automation for MS Dynamics
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 Enterprise Receivables Management System 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.
