The document compares metrics of top-performing shared services companies to benchmarks. It reports that top performers have over half of finance and procurement activities centralized in global business services organizations. Top performers also plan to expand the scope of these organizations, offer more knowledge-centric services, and have nearly all IT projects managed by a project management office. Benchmarking against these top companies can help organizations cut costs, reduce cycle times, and improve quality.
1. ZERO OR
SUPERHERO?
HOW DO YOU STACK UP AGAINST TODAYS
TOP-PERFORMING SHARED SERVICES
COMPANY BENCHMARKS?
Companies will
have 50% of their
operational IT
staff in low cost
geographies in the
next 2-3 years
50%
Top performers
have 54% of all
procurement
activity sitting inside
global business
service organisations
54%
Top performers have
63% of all finance
activity sitting inside
a global business
services organisation
63%
Benchmarking tells you where your business
is today, and where it needs to be to get, and
stay, ahead of the competition. Whether carried
out internally among departments, or externally
against the marketplace, benchmarking can
help you cut costs, reduce cycle times and
improve work quality.
70% of top- performing
companies plan to
expand the process
scope of their global
business service
organisations vs. 42%
for peer companies
70%
72% of companies now
have multi-function
global businesss
service organisations
vs. single-function
shared services
72%
80% of top- performing
companies plan
to offer knowledge-
centric services in
their global business
service organisations vs.
38% for peer companies
80%
Top performers spend
12% more on internal
talent management
than peer companies
12% One third of all top-
performing global
business service
organisations reported
savings of over 40% in
the past 12-24 months
1/3
Source:
The Hackett Group
www.thehackettgroup.com
Top performers have 98%
of IT application projects
managed by PMO vs. 75%
for peer companies