In a Managed Services arrangement, a third party takes on the operation of one or more of an organization’s non-core but board-critical functions, including finance, tax, risk and compliance. Unlike traditional outsourcing fixated on short-term cost reduction, Managed Services gives organizations a new way of operating, to better navigate more complex conditions and build a platform for long-term value creation. Leading Managed Services providers bring deep domain expertise and specialist talent across critical functions, enabled by advanced technology and proven processes, to collaborate with internal teams and integrate with existing technology to elevate performance. By delivering better outcomes for business functions, Managed Services can give organizations the capabilities, flexibility and freedom to achieve ongoing, sustainable value.
