Shared services are cost-efficient because they centralize back-office operations that are used by multiple divisions of the same company and eliminate redundancy.Some companies use a chargeback system to bill divisions that use the service on a per-use, per-quarter, or per-year basis. Other companies absorb the cost of shared services as part of the continuing cost of running the business. Today, most companies employ a shared services model for finance, human resources management (HRM), and information technology (IT).

Suggest ideas for an optional shared services model for Saunders College of Business.

Read the instructions below and see the helpful links of what types of shared services the college could implement :

1 . https://saunders.rit.edu/faculty-research/academic-departments#

2. https://saunders.rit.edu/directory#

This week you have learned about the shared services model in which duplicate or similar services are consolidated into one and get shared among different business units. Imagine that Saunders College of Business want to implement a shared services model, your goal in this assignment is to identify a list of potential shared services within Saunders. Helpful resources: 1. https://saunders.rit.edu/faculty-research/academic-departments# 2. https://saunders rit.edu/directory# Your task is to fill out the table below with the services that are candidate to become a shared service, and mark down with a X who will be the users/clients for that service. The table already has an example for the printing service. Identify at least five services Candidates Departments Dean Office General External Students Patrons #1: Printing service. X X X A service that allows users to print from SCB computers. Each user will have a printing fund limit each semester. Users can replenish the printing fund Service 2: description X X X