shared service
shared service · shared services
An internal business organization providing support services that are shared between…An internal business organization providing support services that are shared between multiple business units or functions.
Meaning
2 sensesAn internal business organization providing support services that are shared between multiple business units or functions.
A virtual or physical team whose process expertise is shared across multiple business units or functions (rather than duplicating staff in each business unit) to execute business processes, in a consistent manner, for optimal resource efficiency, cost and service performance.
Origin
Attributed to Greg Hackett of The Hackett Group.Attributed to Greg Hackett of The Hackett Group.
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Forms
plural: shared services| Singular | shared service |
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| Plural | shared services |
regular