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Research Paper | Computer Technology | India | Volume 12 Issue 10, October 2023 | Rating: 4.1 / 10
Economic and Operational Benefits of Shared Service Models in Multinational Corporations
Abstract: This paper is set to discuss shared service initiatives in multinational corporations, focusing on Organizations's shift to a centralized technology environment. The analysis focuses on the advantages and possible outcomes of integrating services and infrastructures that describe the economic and organizational consequences of savings on costs, service quality, work output, and communication networks. As a part of the investigation into the changes for Organizations, the research outlines the decrease of various software applications and the creation of a unified Technical Support department. The study establishes that operational synergisms and cost advantages result from shared service models, which provide knowledge for multinational companies on optimum ways to operate in the global environment.
Keywords: Shared service model, Centralized technology environment, Cost savings, Service quality, Scope of synergy, Multinational corporation, Global business strategies, Organizations, Technical Support department, Economic and organizational implications
Edition: Volume 12 Issue 10, October 2023,
Pages: 2186 - 2198