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A shared service is an accountable entity within a multi-unit organization tasked with supplying the business unit, respective divisions and departments with specialized services (finance, HR transactions, IT services, facilities, logistics, sales transactions) on the basis of a service level agreement (SLA) with a costs charge out on basis of some type and system of transfer price.
In 2014, CSC announced that it had acquired IP Mirror, a Singapore-based provider of corporate domain name registration and online brand protection services. [14] The acquisition of IP Mirror grew CSC Digital Brand Services’ ability to provide service in the Asia-Pacific region. CSC acquired several companies in 2015, including Koehler Group ...
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The Common Service Center (CSC) Scheme and the CSC Special Purpose Vehicle (SPV) Company serve different roles within the Digital India initiative. [18] The CSC Scheme is a government program aimed at providing digital access points for delivering various government and non-government services, especially in rural and remote areas.
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The corporate services are often relocated into a separate legal entity called shared services center. [9] Research shows that the city in which a company is headquartered has a significant influence on the company's activities, including its business practices and its corporate philanthropic giving. [6]
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The center supports more than 150 government agencies, including the Offices and Bureaus within the Department and federal agencies outside the Department, as a Shared Service Center, providing business management systems and services. By streamlining these services, the center helps improve efficiency and reduce costs across the government.