In large corporations, it is becoming increasingly common to find multiple finance functions amalgamated into one financial shared services centre. The shared services model can help corporate finance teams meet their efficiency targets but avoiding the inefficiency trap caused by moving and transforming financial data into one place is essential if the business is going to meet strict efficiency targets.
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Shared Services projects often involve thousands of transactions performed by different business units across various geographical locations, creating many logistical challenges. Listen to Project Manager Trevor Erlank explain how Anglo American overcame these obstacles and increased their efficiency savings by 80% with Winshuttle.