The Situation

Shared Services has grabbed headlines in the past few years for small and large corporations. Some proclaim it as a necessary, effective and inevitable strategy to reduce costs, focus on the core business, maintain competitiveness and obtain needed capabilities. Numerous studies point to significant growth in outsourcing in the next few years, further fueling the debate. Barring a substantial reversal of current trends, Shared Service is here to stay.

Cost and focus are the primary drivers of moving to Shared Services model, with more than 80 percent of adopters indicating that cost reduction (in operating cost and capital investment) and the need to focus on the core business led them to alternatives to self performance. While companies report that they are generally meeting their cost goals for outsourcing activity, owners have to be careful to create the right culture to ensure long-term sustainability.

Our service mix allows our clients to draw the resources they need in an ala carte method. The value of an effective shared service organization is that it allows the use of fractional resource on demand. This provides for a higher level of service at a significantly lower cost. Our services allow our clients to get the capabilities and support of large companies without the fixed overhead.

By drawing the resources only when required, our clients can leverage their costs and ultimately improve competitiveness and profitability. The leverage of technology and platform give clients access to information in real-time at a fraction of the cost of making that investment on their own.

Let B&N Shared Services help you take your business from Good to Great!