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The Insider Business Club Webinar: Beyond the finance factory
11 October, London, UK
The exclusive Insider Business Club was set up to tackle pressing business issues with in-depth analysis and exclusive comment from influential players in the financial world. The webinar discussed the most effective ways to create strong finance department structures and then use shared services most appropriately.
Chaired by Andrew Sawers, Editor of Financial Director journal, the event also included Melanie Knight Head of UK Shared Services, Capgemini Consulting and John O’Brien, a senior analyst at Ovum.
The debate centred on the answering the following questions:
- As finance directors look to spend more of their time focusing on strategy, do shared service centres have a role to play in freeing up their diaries?
- How can FDs and senior members of their teams best manage the roles and responsibilities of a centralised function and of the core team that’s left to run the organisation?
- How can they become intelligent customers of centralised services?
- How can they ensure that the relationships are effective?
To view the webinar, click here.
Computing – 13 September 2007
Councils press on with shared services plans
Three London boroughs plan to create a joint IP telephony network
as a shared services initiative. The plan will save money, reduce
reliance on external suppliers and improve resilience, said project
manager Bob Mackay, from Hillingdon Council. To read the full article,
click here.
Computerworld UK Staff – 9 September 2007
Governments Are Embracing Shared Services
Driven by increasing demands from constituents and an aging population,
governments are looking to create economies of scale by consolidating
common services into a central organization. That's according to
a report by independent market analyst Datamonitor which said shared
services models were enabling public bodies to improve the efficiency
of technology deployments while also creating the optimal organizational
environment to benefit fully from these projects. To read the full
article, click here.
CBROnline.com – 7 September 2007
UK Government Shared Services spending to rise 6%
According to a new report from Datamonitor, IT revenue from shared
services projects in the US and Europe is expected to grow at a
compound annual growth rate of 6% to $76.2bn in 2012. Datamonitor
said shared services models can take several forms: from a unitary
structure where a single organization consolidates and centralizes
a business service, to an outsourcing arrangement where a private-sector
third party sells a shared service to multiple agencies. To read
the full article, click here.
Kablenet.com – 3 September 2007
IT revamp saves council £5m
The City of Edinburgh Council has reported savings of £5m in direct
IT costs and expects to save £6.4m over five years from a major
transformation project To read the full article, click here.
Press Release - 06 Aug 2007
Capgemini consortium wins UK government contract for electronic travel booking service
London, August 06, 2007 - A consortium led by Capgemini UK plc has won the contract to design and operate a new electronic travel booking service for use across UK Government Departments. This will be a true cross departmental shared service, which will enable the participating departments to realise substantial savings through improved management of travel booking and expenditure. The first user of the service will be the Ministry of Defence (MOD); other Departments will be able to take advantage of the service following the MOD's lead.
To read full press release, click here.
IT Week - 19 Jul 2007
Shared services plan for London boroughs
The Greater London Authority (GLA) is planning to offer its newly-procured web site infrastructure to other London councils as a shared service.
The GLA has acquired a content management system (CMS) to serve as
a common platform for its own web site and the London Development
Agency’s (LDA) site, but also wants to promote convergence of all
web-based activities across the city. To read the full article,
click here.
IT Week - 06 Jul 2007
Expanding Shared services deal will allow more
government departments to join payroll and HR contract
More government departments could sign up to one of the
largest shared services agreements in Whitehall, after
supplier LogicaCMG agreed an extension to the deal.
The contract with the Treasurys buying agency OGCbuying
.solutions provides public sector payroll and related human
resources (HR) processes.
The expanded framework agreement builds on the original deal
between HM Treasury and LogicaCMG, signed in 2002, and will
provide up to 30 per cent reduction in payroll costs for
participating departments.
To read the full article, click
here.
Computer Business Review Online - 3 July 2007
Enterprise Applications Innovation
Consolidation and new interface and back-end technologies
shake up the old order.
Durham County Council has adopted a shared services approach
to its business transformation needs, teaming up with
neighbouring Northumberland to reduce IT costs by around
900,000 per year, using the savings to improve its own
front-line service offerings. Based on a flexible approach,
it could provide a good working model for how other councils
can deliver on central government's local authority
shared services mandate.
To read the full article, click
here.
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