Shared services refer to centralized units within an organization that provide common business support services to multiple departments or divisions. These services, which can include functions such as human resources, finance, IT, and procurement, are consolidated to achieve economies of scale, standardize processes, and optimize resource utilization. By centralizing these services, organizations can enhance efficiency, reduce costs, and improve service quality across the enterprise, fostering collaboration and synergy among different business units.
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.
