A dedicated unit comprising people, procedures, and technology that is organized as a centralized point of service and is concentrated on specific business operations is referred to as a shared services centre (SSC) or shared services.
To better serve the company and its business divisions, a company that consolidates its support operations into shared services operates as a business within a business. SSC leverages a well-defined architecture to enable greater value service delivery. It is a centralized department that supports several non-core operations within an organization. Businesses may also hire outside Shared Service Centre consultants to advise on different aspects of the layout, framework, location, and implementation alternatives.