SlideShare a Scribd company logo
1 of 32
Download to read offline
13° Latin American Shared Services Survey-Colombian Chapter
November 2016
3° Latin
American
Shared Services
Survey
Trends in an evolving model
Colombian Chapter
Notice
“Neither EY nor Procolombia are responsible for the
use, interpretation and/or application of this
report.”
2 3° Latin American Shared Services Survey-Colombian Chapter
33° Latin American Shared Services Survey-Colombian Chapter
President of ProColombia
The present study, prepared by EY with the support of
ProColombia, shows how our country is advancing to
consolidate itself as an investment leader with a high
potential for setting up Shared Service Centers (SSC) in
the region. Over the last ten years, this business
segment has grown thanks to factors such as the high
level of performance of Colombian professionals,
vocation and service approach, as well as incentives
granted by the National Government for the
establishment of these types of operations.
Investors in this sector contribute to make our nation a
bigger, more competitive, and one better trained in
international standards. The country boasts specialized
value-added services for the management of global
operations of companies from diverse sectors in
accounting processes, information and supply systems,
finance and human resources.
Managing Partner-Advisory
At the time of publishing our 3° Latin American Shared
Services Survey I thought about the challenges that our
economy imposes on us.
It is common for companies of all sizes and from all
sectors to retreat in times of turbulence in their core
businesses, in many cases forgetting that greater
operational efficiency directly impacts goods and
services that our customers receive.
Shared Service Centers are experiencing a defining
moment, where increasingly global business models
converge and where technology (digital, automatized
and analytical) is generating profound effects on the
way services are being executed.
Accompanied by this, we still see a marked polarization
of services in the areas of finance, technology and
human resources; even so, we note a great interest in
exploring new services and geographies, which imposes
an even more challenging agenda for the coming years.
In this context, this Survey becomes even more relevant
than ever. I hope that the information proves useful to
you and allows you to obtain value for your business.
FelipeJaramilloMartínSoubelet
33° Latin American Shared Services Survey-Colombian Chapter
Introduction
General Information
Shared Service Centers in Colombia
Strategic Shared Service Center definitions
SSC human management challenges
Service management
The importance of technological
support
Streamlining of IT support
Service channels
SSC automation
Data analysis (Analytical and Big Data)
Conclusions
In this report
In order to perform at the highest level,
companies have created working
frameworks that enable customer
interfacing teams to concentrate on
delivering quality products and
services, and to give value to the
market; while support teams have
developed global business service
operations organized as Shared Service
Centers (going forward, SSC).
It is in this context that EY and
ProColombia present the results of the
Third Latin American Shared Services
Survey, with an emphasis on Colombia.
We would like to thank the Shared Sevices
Centers for participating in this survey
and we hope that the conclusions
preseted
allow you to act strategically in response
to the needs of local and international
markets.
4 3° Latin American Shared Services Survey-Colombian Chapter
The best companies know that the key to success in
business has many ingredients. Some attributes
are very visible to customers (such as products and
services); however, companies have other internal
attributes that are necessary to thrive as a business. To
perform at the highest level, there is a need to create
a working framework that allows customer-focused
teams to focus on delivering quality products and
services and giving value to the market.
Many companies have abandoned structures
which were defined by the limited functions of
businesses such as finance or information technology
(Hereinafter, IT). Instead, they have chosen to focus on
delivering end-to-end standardized processes. They are
building global multifunctional service operations
businesses that can transform how your business works.
In Colombia, this trend began approximately 10 years ago
when companies started outsourcing and using SSCs to
improve the efficiency of their support processes.
Finance opened the way, followed by IT, human resources
and procurement. The intention was to transfer
routine transactional work to specialists, who were
dedicated to processing it more efficiently at a lower
cost.
It is in this context that EY and ProColombia are
presenting the results of the Third Latin American
Shared Services Survey, with a chapter dedicated to
SSCs in Colombia. This was designed for companies that
currently have shared services and have already
stabilized their operation; focusing on the streamlining
of these services and the goals of these companies over
the next few years. We received responses from 31
Colombian companies.
In the following pages, we will present the work
carried out, seeking to provide a source of information
in order to understand the SSC panorama in Colombia, its
trends and the evolution of the model.
Introduction
53° Latin American Shared Services Survey-Colombian Chapter
Los CSC en Colombia
6 3° Latin American Shared Services Survey-Colombian Chapter
SSCs in Colombia
Introduction
The 3° Latin American Shared Services Survey was carried out between April and July of 2016 with the
participation of more than 45 companies from Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and
Peru.
The questions were developed with a focus on two main areas of analysis, considering on the one hand
the evolution of the SSC operation compared to previous years (2008 and 2012), and on the other hand,
the level of adoption of technological trends in the region.
In the case of Colombia, the survey was applied to a group of 31 companies located in different cities
throughout the country that belong to industries such as services, manufacturing, general services,
financial services, among others.
We consider it important to point out demographic aspects of the organizations surveyed so as to give a
context to their evolution and changes in recent years.
Cities in which these SSCs are
located
According to the answers received, the city
with the highest number of SSCs is Bogota
(62%), followed by Medellín and Cali (16% each
one).
Bogota
Cali
Medellin
Bucaramanga
Cartagena
62%
3%3%
16%
16%
Figure 1
General Information
Location of SSCs in Colombia
73° Latin American Shared Services Survey-Colombian Chapter
SSC Length of operations
We found that the creation of SSCs continues
to have a great dynamic in Colombia, since 36%
of SSCs are between 0 and 3 years old. It is
worth noting that 58% of SSCs surveyed are
between 3 and 10 years old.
SSC Geographical coverage
The trend shows that, companies that have SSCs in
Colombia establish them to provide local (39%) or
regional (48%) services.
Compared to Latin America, where we find that
20% are of global reach, in Colombia, 13% are
global, mainly because SSCs are established by
national companies operating locally or in Latin
America.
The global SSCs in Colombia correspond to
international companies that established their
SSCs, seeking to take advantage of the benefits
that the country offers, such as human capital and
its central location on the American continent.
0-3 years
3-5 years
5-10 years
More than 10 years
36%
10%
29%
29%
Figure 2
SSC Length of operation
SSC Geographical coverage
12%
61%
27%
25%
52%
23%
20%
55%
25%
13%
48%
39%
Figure 3
2008 Latin America
2012 Latin America
2016 Latin America
2016 Colombia
Global
Regional
Local
0% 10% 20% 30% 40% 50% 60% 70%8 0%
8 3° Latin American Shared Services Survey-Colombian Chapter
Countries served by SSCs
Analyzing in more depth the nature of
SSCs in Colombia that have a regional
or global scope (61% of respondents),
we found that 35% serve only Colombia,
46% serve 2 to 8 countries, and 19%
serve more than 11 countries.
1 country
2 - 5 countries
6 - 8 countries
More than 11 countries
35%
19%
26%
20%
Figure 4
Number of countries served by SSCs
3° Latin American Shared Services Survey-Colombian Chapter 9
The main countries that are served from
Colombia are: Panama, Ecuador and Peru,
thanks to geographical proximity and cultural
and time zone similarities, as well as Mexico,
Chile and Costa Rica.
It is also worth noting that 26% of Colombian
SSCs serve operations in Brazil and 23% serve
operations in the United States.
35%
35%
29%
29%
39%
26%
23%
23%
26%
32%
Figure 5
SSC Percentage coverage by country
United States
Mexico
Panama
Peru
Brazil
10 3° Latin American Shared Services Survey-Colombian Chapter
Number of employees
In relation to the staff working in SSCs in
Colombia, 65% of centers have more than 100
employees. This could be due to the volume of
customers they serve and the scope of services
provided.
The analysis shows that in comparison with 2012,
SSCs in Colombia show a growth trend. For
example, centers with more than 500 employees
have grown from 20% to 23%.
In addition, we found that of the 35% of SSCs
which have fewer than 100 employees, 36% of
them are planning to expand geographically,
expand their portfolio of services or provide
services to third parties.
Languages used in SSCs
With regard to the languages used in SSCs in
Colombia, 58% speak only one language (Spanish),
29% speak two languages, predominantly Spanish
and English, and 10% speak 3 languages (Spanish,
English and Portuguese).
Number of SSC employees
0 - 50
51 - 100
101 - 200
201 - 500
More than 500
23%
19%
13%
22%
23%
Figure 6
Languages used in SSCs
2016 Latin America
2016 Colombia
30%
40%
29%
25%
10%
5% 3%
58%
Figure 7
1 language 2 language 3 language More than 3
language
113° Latin American Shared Services Survey-Colombian Chapter
Figure 8
Export of Services
55% of the SSCs surveyed in Colombia provide services abroad, where 41% of them generate
individual revenue of more than USD 1 million per year.
The principle countries that generate this revenue are listed in Figure 5.
0 to USD $100.000
USD $100.001 to USD $500.00
USD $500.001 to USD $1.000.000
More than USD $1.000.001
41%12%
29%
18%
Figure 9
Revenue from the Export of Servicess
Spanish
English
Portuguese
French
German
100%
39%
18%
3%
0%
43%
9%
2%
55%
98%
Languages supported by SSCs
Colombia
Latin America
Although 39% of SSCs in Colombia
support English, in Latin America
55% of SSCs support English.
Colombia has an important area of
opportunity where it can expand
its supply of bilingual professionals
in order to be at the level of other
Latin American cities such as San
Jose (Costa Rica) or Buenos Aires.
12 3° Latin American Shared Services Survey-Colombian Chapter
Units serving SSCs
Considering the nature of SSCs in Colombia
that are looking to serve more than one business
unit or company from their group, we found that
the general rule is to serve at least four businesses
or companies (74%), where 58% serve more than
six.
This shows us the level of complexity of SSCs in
Colombia, where they have to meet various
requirements in their day to day operations. 1-3
4-5
6-10
More than 10
39%26%
16%
Services and Financial Services
Production, Consumer Goods and Distribution
Energy and Utilities
Other (Airline, Real Estate, Education and Housing)
Technology, Communications and Entertainment
There are SSCs that belong to more than one industry.
19%
Figure 10
Figure 11
Units Serving SSCs
18Industry
sectors
Industries served
In a complementary way to the previous analysis,
we found that 67% of SSCs in Colombia serve a
single industry, while 17% serve 2 industries and
17% serve 3 to 7 industries. With regard to sectors
such as the service and financial service and
production, consumer goods and distribution
sectors, they make up 80% of the SSCs in
Colombia (41% and 39%, respectively).
41%
39%
7%
7%
6%
133° Latin American Shared Services Survey-Colombian Chapter
Figure 12
Services Portfolio
At the portfolio level, financial services continue to be the most frequently provided by SSCs in Colombia
(63%), while Latin America provides 98%. However, we also found an important presence of technology
services (42%) and general services (39%). In addition 6% of other services provided, we found customer
service and ‘marketing to order’.
In relation to the industry, the service industry has a portfolio focused on finance, technology, and
human resource services, while in manufacturing, the portfolio focuses on finance and technology
services. Finally, in telecommunications, banking and insurance, SSCs provides services in transactional
banking, customer operations management, and customer care processes, which differs from other
industries that focus on back-office business support.
The response of each SSC comprises more than one possible option.
Latin America 2012
Latin America 2016
Colombia 2016
0%
20%
40%
60%
80%
100%
Others Procurement
and Logistics
General and
Administrative
Services
Human
Resources
Technology Finance
17%
41%
58%
50%
35%
41%
45%
93%
98%
65%
50%
42%
45%
39%
43%
32%
14%
6%
14 3° Latin American Shared Services Survey-Colombian Chapter
SSC strategic definitions
To define where we want to go, we must first analyze what we have done so far and what we are doing
today. That is why in order to streamline the SSC model, one of the first steps is to evaluate the level of
adoption of the vision initially defined.
Implemented strategy
In the last four years, SSCs have focused on optimizing the service levels offered (87%), and at the same
time the majority have sought to make technological improvements and to expand their service portfolio
(61% and 48%, respectively).
It is important to emphasize that comparing the strategic vision of 2012 with that executed in recent
years, 24% of respondents expected to review the geographic scope of the their centers and 26% actually
reviewed it. In the case of expanding the portfolio of services, 34% intended to do so and 48%
implemented it.
Optimization of service levels offered
Technological improvements
Expansion of service portfolio
Improvement in negotiations with external suppliers
Review of geographic scope of centers
Others
87%
61%
48%
35%
26%
6%
Figure 13
153° Latin American Shared Services Survey-Colombian Chapter
New SSC processes
The processes migrated to SSCs in Colombia
vary in complexity and in number as they reach
a higher level of maturity.
65% of respondents have been working on the
creation of new services, where 19% have
created more than three. This demonstrates the
dynamism of SSCs in Colombia.
SSCs as business process outsourcing
(BPO)
10% of SSCs provide services to companies other
than those from their group (BPO type),
representing an average of 20% of their annual
invoicing.
Of the SSCs created new services from 2012
up to now
Of SSCs do not sell services to other companies
65%
90%
Figure 14
Gráfica 15
SSCs are working on or considering implementing different courses of action to achieve their strategic
objectives. In this sense, and compared to the strategy defined in 2012, we found that SSCs in 2016
continue with the tendency to expand their service portfolios (34% to 65% intention), to outsource
operations (from 13% to 39%), and to expand geographically (from 24% to 32%).
Additionally, we found that 26% of SSCs are going to migrate their operation to regional or global centers
and 23% are planning to do business process outsourcing (BPO).
65% are working on
the expansion of their
services portfolio.
39% are working on
the total or partial
outsourcing of
their internal
processes.
32% of SSCs
are working on the
geographical
expansion of the
provision of their
services.
Internal processes selected to outsource
Technology
50% 50% 42% 33% 17% 8% 8%
Services Finance HR Procurement Maintenance Logistics
The response of each SSC comprises more than one possible option.
16 3° Latin American Shared Services Survey-Colombian Chapter
3° Latin American Shared Services Survey-Colombian Chapter
26% of SSCs
are working on the
implementation of a
model for continuous
improvement.
The response of each SSC comprises more than one possible option.
26% of SSCs are
working on totally or
partially migrating
their operations to
regional or global
centers.
23% intend to
provide services to
third parties outside
their economic group.
Selected services to provide as BPO
HR
27% 27% 18% 9% 9% 9%
Tecnology Logistics Procurement Finance Contact Center
Figure 16
173° Latin American Shared Services Survey-Colombian Chapter
18 3° Latin American Shared Services Survey-Colombian Chapter
High
turnover
Development
of customer
service
competencies
Capturing of
resources /
suitable
profiles in
the market
The development
of career and
succession plans
that support the
SSC model
The motivation
and commitment
of the work
teams
Others
2012 Latin America
2016 Colombia
SSC human management challenges
The organizational configuration of SSCs in Colombia forms part of the scope that is developed at the
outset and that evolves together with the strategic scope of the organization.
HR challenges
At the Human Resources level, one of the biggest challenges identified by SSCs in Colombia continues to
be the development of career plans that support the operation model. The importance of attracting
adequate resources and profiles in the market increased (from 9% to 17%), and the high turnover and
motivation and commitment of work teams as a challenge to SSCs decreased (16% to 14% and 21% to
14%, respectively).
16%
14%
21%
22%
9%
17%
31% 31%
21%
14%
2%
4%
Figure 17
193° Latin American Shared Services Survey-Colombian Chapter
Figure 18
Figure 19
Level of turnover
70% of SSCs have a staff turnover below 10%,
which is lower than in previous years.
Less than 10%
Between 10% y 15%
Greater than 15%
Focus of attention
We found that the human talent focal points
are related to the measurement of the working
environment and to the improvement of
occupational well-being (26%).
Measurement of the work climate and
development of improvement measures.
The development of measures for the
improvement of occupational well-being.
Development of training plans.
The development of challenging and attractive
career plans.
Others.
70%
26%
20%
24%
22%
19%
9%
10%
Service management
Points of dissatisfaction
The main point of dissatisfaction among users of Colombian SSCs is the response time in addressing
inquiries, followed by the cost of services; unlike in Latin America, where 52% believe cost of services
to be the main point of dissatisfaction. SSCs may consider implementing technology enablers to
improve customer response times.
Response time to inquiries
Service costs
Quality of services
Accessibility and communication issues
Others
58%
45%
16%
6%
6%
Figure 20
20 3° Latin American Shared Services Survey-Colombian Chapter
213° Latin American Shared Services Survey-Colombian Chapter
The importance of technological
support
Streamlining of processes
In the survey we asked participants what
were the most worked on aspects to optimize
the processes from the point of view of
technology.
49% of respondents answered that they
were looking to increase process automation,
followed by the use of tools to establish
business intelligence in order to be able to
manage large volumes of transactions
efficiently and with lower costs.
Streamlining of IT support
For the streamling of SSCs to be successful, it is necessary to have robust and stable technology support.
49%
16%
11%
3%
20%
Increase in automation
Data analytics and BI
Server virtualization
Others
Data governance
Figure 21
52%
Figure 22
ERP (SAP,
Oracle,
JDEDwards,
others)
Selfmanagement
tools
Adoption of
tools for
advanced
analysis of
data
CRM OCR
23%
19%
3% 3%
With regard to the technological tools considered
by the SSCs for implementation, these remain
unchanged with respect to the results of the
previous survey. Enterprise resource planning
(ERP) systems continue to be the most important
development focus. 23% of SSCs in Colombia
adopted self-management tools and 19% focused
on adopting tools for advanced data analysis.
22 3° Latin American Shared Services Survey-Colombian Chapter
Adoption of communication channels in Colombia
Service channels
Utilization of service channels
In the shared services model, one of the most important aspects is the relationship with customers and
the communication channels that exist with them. Depending on the scope of services and the model of
operation, there are different communication alternatives that are not unique or mutually exclusive.
In relation to service channels, telephone attention continues to be the most used and highest adoption
medium, with 97% of use (95% in Latin America).
Personalized care and self-management have the same utilization rate of 84% (82% and 88% in Latin
America, respectively), which shows that the trend of use in Colombia with respect to Latin America is
very similar.
97% 84% 84%
Telefonic Self-managed Personalized
Evolution of the self-management
channel
84%of SSCs surveyed use self-management as a
service channel.
76%was the increase in the implementation of the
self-management channel in the last eight
years compared to Latin America.
8%
60%
84%
Latin America 2008
Latin America 2012
Colombia 2016
Figure 23
Figure 24
Evolution of the level of adoption
of the self-management channel
233° Latin American Shared Services Survey-Colombian Chapter
Telefonic Self-managedPersonalized
Latin America 2012
Latin America 2016
Colombia 2016
Figure 25
52%
48% 48%
71%
68%
19%
32%
58%
26%
For the analysis, the levels of use were considered “Frequent” and “Very Frequent¨.
Level of use of service channels
With respect to the level of use of service channels, we can conclude that:
The self-management service channel has increased significantly, from 32% to 58% in Latin America
(2012-2016). With respect to Colombia, we observed that a large number of SSCs use this channel (84% -
figure 23); however, its frequency of use is low (26%).
The use of the personalized care channel decreased 3% in Latin America between 2012 and 2016. In the
case of Colombia, it is observed that personalized care is the channel that is used less frequently, even if
it is used by a large number of SSCs ( 84% - figure 23).
The telephone service channel has the same percentage of use in Latin America and Colombia in 2016.
Despite having decreased by 4% compared to its use in 2012, it is the channel with the greatest use in
the region.
24 3° Latin American Shared Services Survey-Colombian Chapter
Tools for the external user
With respect to the automation tools geared to external users, 89% have some tools. The most used
are the web portal for suppliers and for customers.
OCR
Automatic data loading system
Mobile Apps
Robotics
BPMS
Others
B2B Tools
Automation in SSCs
Automation tools
91% of SSCs interviewed in Colombia have back office automation tools. The most used tool is
optical character recognition (OCR) and is followed by automatic data loading systems and mobile
applications.
37%
19%
19%
11%
7%
4%
4%
Figure 26
Portal web for suppliers
Portal web for customers
Mobile Apps for customers and suppliers
Portal for SSC staff
Remedy
Help desk applications
39%
35%
13%
6%
3%
3%
Figure 27
253° Latin American Shared Services Survey-Colombian Chapter
Use of ERP
Although ERP is the most used tool to execute SSC
processes in Colombia, 80% of respondents said
they were not using all of the potential /
functionality of their current ERP.
In addition, 71% said they had implemented ERP
automations such as bank reconciliations, time
reporting, payroll and closing schedules.
ERP Automations
Interface developments with mobile apps
Targeted development
80%
71%
20%
14%
14%
Figure 29
Figure 28
Of SSCs believe that
they are using all the
potential and
functionalities of their
ERP.
OfSSCsdonot
believe thatthe full
potentialand
functionality of
theirERPsisbeing
used.
26 3° Latin American Shared Services Survey-Colombian Chapter
Observar datos del pasado para reportar,visualizar y
entender que ocurrió restrospectivamenteo en tiempo
real.
Utilizar datos del pasado e historia de comportamientos
para entender por qué algo ocurrió o predecir que va a
pasar en el futuro.
Determinar qué decisión y acción va a producir el
resultado más efectivo contra un conjunto de objetivos y
restricciones.
Para generar estos análisis, se necesita fuerte
colaboración entre el negocio y IT
Asegurar que se respondan correctamente
Para generar estos análisis, se necesita fuerte
colaboración entre el negocio y IT
Formular las mejores preguntas enforma
adecuada
2
3
1
Figure 30
To generate these analyses, strong
collaboration between business and IT is needed
To generate these analyses, strong
collaboration between business and IT is
needed
Formulate the best questions in a
appropiate way Ensure that they respond correctly
Data Analysis Value Chain
Automation tools / Data analysis for decision-making
According to the results of the survey, in Colombia, 94% of SSCs rely on data analysis for
decision-making, 16% above the results of the survey for Latin America (78%).
Of the 94% of SSCs that rely on data analysis for decision-making, 55% do it “very frequently” and 45%
do it “frequently”.
Data analysis
Descriptive
Analysis
Prescriptive
Analysis
Big Data Value
Chain
Predictive
Analysis
1. Descriptive Analysis
2. Predictive Analysis
2. Predictive Analysis
To observe data from the past to report, visualize
and understand what occurred retrospectively or in
real time.
To use past data and behavioral history to
understand why something happened or predict
what will happen in the future.
To determine which decision and action will
produce the most effective outcome against a set
of objectives and constraints.
273° Latin American Shared Services Survey-Colombian Chapter
Use of data analysis for decision-making
Figure 31
Figure 32
6%of SSCs are
not supported in the
analysis of data
for decisionmaking
94%of SSCs
that are supported
in data analysis for
decisionmaking
do it with the following
frequency:
55%use it
very frequently
(35% in Latin
America).
45%use
it frequently
(43% in Latin
America).
87% of SSCs in Colombia have initiatives to support their organization in data analysis for
decision-making, compared to 83% in Latin America.
It is important to note that in Colombia 39% of the initiatives that encourage data analysis arise as a SSC
initiative, below Latin America where it corresponds to 63%.
Conversely, for the initiatives that arise through the IT area and SSC customers, it can be observed that
in Colombia the percentage is higher, 32% of IT initiatives and 16% of SSC customer initiatives against
15% and 5%, respectively, in Latin America.
SSC Initiative
IT Initiative
SSC Customer Initiative
63%
39%
15%
32%
5%
16%
2016 Latin America
2016 Colombia
Initiatives that encourage data analysis for decision-making
13% of SSCs in Colombia do not have initiatives that
encourage the analysis of data for decision-making.
28 3° Latin American Shared Services Survey-Colombian Chapter
Operational Reports
Management Control Boards
Predictive Analysis
58% of respondents said they knew of the concepts
of Big Data and Analytics. while 42% knew it
superficially or did not know it.
However, 61% believe that Big Data and analytics
have a value of between “high” and “very high” that
can contribute to the operation of SSCs.
22% percent of SSCs surveyed believe that Big Data and analytics would add value in areas that provide
analytical services to customers, and 18% believe that it can improve SSC productivity and service
quality.
This trend is consistent with Latin America where 25% of SSCs surveyed believe that data analysis can
improve service quality and provide analytical services to customers.
Areas where Big Data and Analytics can be added most
SSCs in Colombia that use Big
Data and analytics use them
primarily to perform
operational reports and to
generate management control
boards.
61%
58%
23%
Type of analysis performed by SSCs
Figure 33
Figure 35
Very high
High
Neutral
N/A N/R
Low
How much value do you think Big Data and
Analytics can bring to the SSC’s operation?
Figure 34
32%
29%
26%
10%
3%
Provide analytical services to customers
Improve quality of service
Improve SSC productivity
More efficient human resources management
Better understanding of customers
Improve internal management and control
Detect and prevent fraud
22%
18%
18%
12%
12%
12%
6%
293° Latin American Shared Services Survey-Colombian Chapter
Conclusions
As mentioned throughout the report, it is observed
that the Shared Services model in Colombia has
evolved significantly in recent years.
SSCs are dynamic, since on the one hand, the
already implemented ones have continued to
expand services provided and their geographical
coverage, while on the other hand new SSCs have
been created in the country. However, unlike in
Latin America, Colombian SSCs mainly serve the
local and regional market.
The expansion, growth and creation of SSCs
provides opportunities for the generation of
economies of scale, increased productivity and
improved process efficiency.
In relation to the services provided, a high
diversification of services was found for finance,
technology and human resource services, as well
as services for the support of core business
processes such as transactional banking,
customer operations management, and customer
care and service processes.
The human management challenges of Colombian
SSCs focus on two themes: the development of
career and succession plans that allow for the
continued development of the SSC model and, in
line with the previous topic, the capture of
adequate resources to continue driving the model.
Compared to the 2012 survey, we found a
significant decrease in turnover of SSC staff.
Regarding the management of services, customers
are very satisfied with their quality as well as with
accessibility and communication, which indicates
that geographical dispersion does not present a
barrier to efficient service delivery. The challenges
that SSCs have in relation to service management
are improving response times and improving
service costs.
Colombia is using technological innovation to
leverage the growth of its SSCs. To a large extent,
SSCs are focusing on achieving the automation of
transactional processes to improve the operation
through advances and developments in their ERP
and technological solutions such as
selfmanagement tools and advanced data anlysis.
It was found that most SSCs in Colombia have
implemented data analysis to generate control
boards and operational reports, as a contribution
to decision-making. To a great extent, the Centers
opt for descriptive analysis, being a great challenge
to adopt models of prescriptive and predictive data
that allow for the delivery of greater added value
to customers.
Similarly, the use of Robotics as technological
leverage for the improvement in the efficiency of
processes is very incipient in Colombia and it is
observed that a small percentage of the Centers
have begun to implement it, although this is very
likely to be one of the strongest trends in the
coming years, in conjunction with the use of Big
Data.
30 3° Latin American Shared Services Survey-Colombian Chapter
About ProColombia
ProColombia is the entity in charge of the
promotion of international tourism, foreign
investment and non-traditional exports in
Colombia and the country brand.
Through its national and international network of
offices, it offers support and comprehensive
advice to customers through services or
instruments aimed at facilitating the design and
execution of its internationalization strategy,
which seeks the generation, development and
the closing on business opportunities.
In its mission, ProColombia encourages the
realization of international business through the
identification of opportunities and the design of
strategies for market penetration, as well as the
accompaniment in the creation of action plans
for the internationalization of Colombian
companies and the providing of specialized
services to entrepreneurs interested in acquiring
goods and services in the country or investing in
Colombia.
María Paula Gómez Salamanca
Investment Services Senior Advisor
mgomez@procolombia.co
313° Latin American Shared Services Survey-Colombian Chapter
About EY Colombia
EY is a global leader in assurance, tax,
transaction and advisory services. The insights
and quality services we deliver help build
trust and confidence in the capital markets
and in economies the world over. We develop
outstanding leaders who team to deliver on our
promises to all of our stakeholders. In so doing,
we play a critical role in building a better working
world for our people, for our clients and for our
communities.
EY refers to the global organization and/or one
or more of the member firms of Ernst & Young
Global Limited, each of which is a separate
legal entity. Ernst & Young Global Limited, a UK
company limited by guarantee, does not provide
services to clients. For more information about
our organization, please visit ey.com.
© 201776 EYGM Limited.
All Rights Reserved.
Martín Soubelet
Advisory Managing Partner
Tel: +57 1 484 7672
martin.soubelet@co.ey.com
Javier Quintana
Advisory Partner
Tel: +57 1 484 7334
javier.quintana@co.ey.com
Sandra Martinez
Advisory Senior Manager
Tel: +57 1 484 7662
sandra.martinez@co.ey.com
EY | Assurance | Tax | Transactions | Advisory
32 3° Latin American Shared Services Survey-Colombian Chapter
EY Contact Information:
+57 1 484 70 00
contactoey@co.ey.com
ProColombia Contact Information:
Bogotá
Carrera 11 No. 98 - 07
Tel. +57 1 484 70 00
Fax. +57 1 484 74 74
Barranquilla
Calle 77B No. 59 - 61
Centro Empresarial Las Américas II
Office 311
Tel. +57 5 385 22 01
Fax. +57 5 369 05 80
Bogotá, Colombia
ProColombia main office
Bogotá, Colombia
Calle 28 No. 13A-15 Pisos 35-36
Tel: +57 (1) 560 0100 | 327 5450
www.procolombia.co/contactenos
Cali
Avenida 4 Norte No. 6N - 61
Siglo XXI Building
Office 502 | 503
Tel. +57 2 485 62 80
Fax. +57 2 661 80 07
Medellín
Carrera 43 A # 3 Sur – 130
Milla de Oro Building
Tower 1 – 14th Floor
Tel. +57 4 369 84 00
Fax. +57 4 369 84 84
www.ey.com

More Related Content

What's hot

Digital-India.ppt
Digital-India.pptDigital-India.ppt
Digital-India.pptJanmesh6
 
Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights
 Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights  Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights
Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights HAQ: Centre for Child Rights
 
Organisational structure of standard chartered bank
Organisational structure of standard chartered bankOrganisational structure of standard chartered bank
Organisational structure of standard chartered bankBeing Manikandan
 
Domestic interstate migration of labourers to kerala
Domestic interstate migration of labourers to keralaDomestic interstate migration of labourers to kerala
Domestic interstate migration of labourers to keralaRam Mohan
 
Population Growth In Bangladesh
Population Growth In BangladeshPopulation Growth In Bangladesh
Population Growth In Bangladeshclemaitre
 
effectivess of e-governance in kerala
effectivess of e-governance in keralaeffectivess of e-governance in kerala
effectivess of e-governance in keralanabila km
 
Report On SME Development in Bangladesh
Report On SME Development in BangladeshReport On SME Development in Bangladesh
Report On SME Development in BangladeshFahad Aziz
 
Child labour and its impact on economic growth
Child labour and its impact on economic growthChild labour and its impact on economic growth
Child labour and its impact on economic growthBhakti Varma
 
India vs. china
India vs. chinaIndia vs. china
India vs. chinaMukul0007
 
Urbanisation in bangladesh : Recent trends and challenges
Urbanisation in bangladesh : Recent trends and challengesUrbanisation in bangladesh : Recent trends and challenges
Urbanisation in bangladesh : Recent trends and challengesReyad Hossain
 
7th 5 years plan 02 07-2018 final
7th 5 years plan 02 07-2018 final7th 5 years plan 02 07-2018 final
7th 5 years plan 02 07-2018 finalDrShamsulArefin
 
Assignment on labor force survey of bangladesh
Assignment on labor force survey of bangladeshAssignment on labor force survey of bangladesh
Assignment on labor force survey of bangladeshMohammad Alam
 
Economy comparison of China and India
Economy comparison of China and IndiaEconomy comparison of China and India
Economy comparison of China and Indiaonlineworks01
 
Training & development of dhaka bank
Training & development of dhaka bankTraining & development of dhaka bank
Training & development of dhaka bankManas Saha
 
Digital bangladesh
Digital bangladeshDigital bangladesh
Digital bangladeshbitta saha
 

What's hot (20)

Digital-India.ppt
Digital-India.pptDigital-India.ppt
Digital-India.ppt
 
Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights
 Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights  Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights
Child Labour in India A Situational Analysis By HAQ: Centre for Child Rights
 
Organisational structure of standard chartered bank
Organisational structure of standard chartered bankOrganisational structure of standard chartered bank
Organisational structure of standard chartered bank
 
Domestic interstate migration of labourers to kerala
Domestic interstate migration of labourers to keralaDomestic interstate migration of labourers to kerala
Domestic interstate migration of labourers to kerala
 
Overpopulation in india
Overpopulation in indiaOverpopulation in india
Overpopulation in india
 
Cchrm
CchrmCchrm
Cchrm
 
Population Growth In Bangladesh
Population Growth In BangladeshPopulation Growth In Bangladesh
Population Growth In Bangladesh
 
Population Development and Population Policies in China
Population Development and Population Policies in China Population Development and Population Policies in China
Population Development and Population Policies in China
 
effectivess of e-governance in kerala
effectivess of e-governance in keralaeffectivess of e-governance in kerala
effectivess of e-governance in kerala
 
Report On SME Development in Bangladesh
Report On SME Development in BangladeshReport On SME Development in Bangladesh
Report On SME Development in Bangladesh
 
Internship Report
Internship ReportInternship Report
Internship Report
 
Child labour and its impact on economic growth
Child labour and its impact on economic growthChild labour and its impact on economic growth
Child labour and its impact on economic growth
 
India vs. china
India vs. chinaIndia vs. china
India vs. china
 
Urbanisation in bangladesh : Recent trends and challenges
Urbanisation in bangladesh : Recent trends and challengesUrbanisation in bangladesh : Recent trends and challenges
Urbanisation in bangladesh : Recent trends and challenges
 
7th 5 years plan 02 07-2018 final
7th 5 years plan 02 07-2018 final7th 5 years plan 02 07-2018 final
7th 5 years plan 02 07-2018 final
 
Assignment on labor force survey of bangladesh
Assignment on labor force survey of bangladeshAssignment on labor force survey of bangladesh
Assignment on labor force survey of bangladesh
 
Child labour
Child labourChild labour
Child labour
 
Economy comparison of China and India
Economy comparison of China and IndiaEconomy comparison of China and India
Economy comparison of China and India
 
Training & development of dhaka bank
Training & development of dhaka bankTraining & development of dhaka bank
Training & development of dhaka bank
 
Digital bangladesh
Digital bangladeshDigital bangladesh
Digital bangladesh
 

Similar to 3° Latin America Survey Shared Service Center in Colombia

Latin America Treasury & Finance Conference 2013 - Citibank
Latin America Treasury & Finance Conference 2013 - CitibankLatin America Treasury & Finance Conference 2013 - Citibank
Latin America Treasury & Finance Conference 2013 - CitibankDaniel Brandão de Castro
 
Supporting Sector Strategies In The District Of Columbia
Supporting Sector Strategies In The District Of ColumbiaSupporting Sector Strategies In The District Of Columbia
Supporting Sector Strategies In The District Of Columbiatimothy_riordan
 
The_future_of_finance_Re_inventing_finan.pdf
The_future_of_finance_Re_inventing_finan.pdfThe_future_of_finance_Re_inventing_finan.pdf
The_future_of_finance_Re_inventing_finan.pdf- -
 
TBC response to reports 2016
TBC response to reports 2016TBC response to reports 2016
TBC response to reports 2016Penny Power
 
TBC response to reports 2016
TBC response to reports 2016TBC response to reports 2016
TBC response to reports 2016Penny Power
 
JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...
JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...
JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...FGV | Fundação Getulio Vargas
 
Telecom - A driving force for Investment in Latin America
Telecom - A driving force for Investment in Latin AmericaTelecom - A driving force for Investment in Latin America
Telecom - A driving force for Investment in Latin AmericaJames Doran
 
LIRS - Brand and Marketing Communications Strategy
LIRS - Brand and Marketing Communications StrategyLIRS - Brand and Marketing Communications Strategy
LIRS - Brand and Marketing Communications StrategyJennifer Nwaigwe Melah
 
Shared services centers sector 2016
Shared services centers sector 2016Shared services centers sector 2016
Shared services centers sector 2016ProColombia
 
Arbusta: Empowering Women and Youth through Impact Sourcing
Arbusta: Empowering Women and Youth through Impact Sourcing Arbusta: Empowering Women and Youth through Impact Sourcing
Arbusta: Empowering Women and Youth through Impact Sourcing Paula Cardenau
 
MACPA Professional Issues Update - Fall 2010 Edition
MACPA Professional Issues Update - Fall 2010 EditionMACPA Professional Issues Update - Fall 2010 Edition
MACPA Professional Issues Update - Fall 2010 EditionTom Hood, CPA,CITP,CGMA
 
Growing beyond colombia_highlights
Growing beyond colombia_highlightsGrowing beyond colombia_highlights
Growing beyond colombia_highlightsWorld Office Forum
 
How To Write A Great College Admissions Essay
How To Write A Great College Admissions EssayHow To Write A Great College Admissions Essay
How To Write A Great College Admissions EssayPam Fenno
 
Measuring of informal emplyment
Measuring of informal emplyment Measuring of informal emplyment
Measuring of informal emplyment Dr Lendy Spires
 
Informal sector publication
Informal sector publicationInformal sector publication
Informal sector publicationDr Lendy Spires
 
The West Coast Transit Marketing Project
The West Coast Transit Marketing ProjectThe West Coast Transit Marketing Project
The West Coast Transit Marketing ProjectRachel Davis
 
Commercialisation In South America
Commercialisation In South AmericaCommercialisation In South America
Commercialisation In South AmericaJairo Diaz
 
BBVA on Financial Inclusion in Argentina
BBVA on Financial Inclusion in ArgentinaBBVA on Financial Inclusion in Argentina
BBVA on Financial Inclusion in ArgentinaChris Skinner
 
Atlantico LatAm Digital Report 2022.pdf
Atlantico LatAm Digital Report 2022.pdfAtlantico LatAm Digital Report 2022.pdf
Atlantico LatAm Digital Report 2022.pdfLeandroRafael29
 

Similar to 3° Latin America Survey Shared Service Center in Colombia (20)

Latin America Treasury & Finance Conference 2013 - Citibank
Latin America Treasury & Finance Conference 2013 - CitibankLatin America Treasury & Finance Conference 2013 - Citibank
Latin America Treasury & Finance Conference 2013 - Citibank
 
Supporting Sector Strategies In The District Of Columbia
Supporting Sector Strategies In The District Of ColumbiaSupporting Sector Strategies In The District Of Columbia
Supporting Sector Strategies In The District Of Columbia
 
The_future_of_finance_Re_inventing_finan.pdf
The_future_of_finance_Re_inventing_finan.pdfThe_future_of_finance_Re_inventing_finan.pdf
The_future_of_finance_Re_inventing_finan.pdf
 
TBC response to reports 2016
TBC response to reports 2016TBC response to reports 2016
TBC response to reports 2016
 
TBC response to reports 2016
TBC response to reports 2016TBC response to reports 2016
TBC response to reports 2016
 
JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...
JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...
JOSCM - Journal of Operations and Supply Chain Management – Vol. 10, n. 2 - J...
 
Telecom - A driving force for Investment in Latin America
Telecom - A driving force for Investment in Latin AmericaTelecom - A driving force for Investment in Latin America
Telecom - A driving force for Investment in Latin America
 
LIRS - Brand and Marketing Communications Strategy
LIRS - Brand and Marketing Communications StrategyLIRS - Brand and Marketing Communications Strategy
LIRS - Brand and Marketing Communications Strategy
 
Shared services centers sector 2016
Shared services centers sector 2016Shared services centers sector 2016
Shared services centers sector 2016
 
Case Histories in Memo Format
Case Histories in Memo FormatCase Histories in Memo Format
Case Histories in Memo Format
 
Arbusta: Empowering Women and Youth through Impact Sourcing
Arbusta: Empowering Women and Youth through Impact Sourcing Arbusta: Empowering Women and Youth through Impact Sourcing
Arbusta: Empowering Women and Youth through Impact Sourcing
 
MACPA Professional Issues Update - Fall 2010 Edition
MACPA Professional Issues Update - Fall 2010 EditionMACPA Professional Issues Update - Fall 2010 Edition
MACPA Professional Issues Update - Fall 2010 Edition
 
Growing beyond colombia_highlights
Growing beyond colombia_highlightsGrowing beyond colombia_highlights
Growing beyond colombia_highlights
 
How To Write A Great College Admissions Essay
How To Write A Great College Admissions EssayHow To Write A Great College Admissions Essay
How To Write A Great College Admissions Essay
 
Measuring of informal emplyment
Measuring of informal emplyment Measuring of informal emplyment
Measuring of informal emplyment
 
Informal sector publication
Informal sector publicationInformal sector publication
Informal sector publication
 
The West Coast Transit Marketing Project
The West Coast Transit Marketing ProjectThe West Coast Transit Marketing Project
The West Coast Transit Marketing Project
 
Commercialisation In South America
Commercialisation In South AmericaCommercialisation In South America
Commercialisation In South America
 
BBVA on Financial Inclusion in Argentina
BBVA on Financial Inclusion in ArgentinaBBVA on Financial Inclusion in Argentina
BBVA on Financial Inclusion in Argentina
 
Atlantico LatAm Digital Report 2022.pdf
Atlantico LatAm Digital Report 2022.pdfAtlantico LatAm Digital Report 2022.pdf
Atlantico LatAm Digital Report 2022.pdf
 

More from ProColombia

8 Inversiones para el desarrollo sostenible (1).pdf
8 Inversiones para el desarrollo sostenible (1).pdf8 Inversiones para el desarrollo sostenible (1).pdf
8 Inversiones para el desarrollo sostenible (1).pdfProColombia
 
7 Iniciativas Innovadoras (1).pdf
7 Iniciativas Innovadoras (1).pdf7 Iniciativas Innovadoras (1).pdf
7 Iniciativas Innovadoras (1).pdfProColombia
 
6 Territorios como destino de inversión (1).pdf
6 Territorios como destino de inversión (1).pdf6 Territorios como destino de inversión (1).pdf
6 Territorios como destino de inversión (1).pdfProColombia
 
5 Estrategia de Procolombia (3).pdf
5 Estrategia de Procolombia (3).pdf5 Estrategia de Procolombia (3).pdf
5 Estrategia de Procolombia (3).pdfProColombia
 
4 Tendencias Globales (3).pdf
4 Tendencias Globales (3).pdf4 Tendencias Globales (3).pdf
4 Tendencias Globales (3).pdfProColombia
 
3 Política de Reindustrialización (2).pdf
3 Política de Reindustrialización (2).pdf3 Política de Reindustrialización (2).pdf
3 Política de Reindustrialización (2).pdfProColombia
 
2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdf2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdfProColombia
 
2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdf2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdfProColombia
 
boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...
boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...
boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...ProColombia
 
Bodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdfBodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdfProColombia
 
perfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdfperfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdfProColombia
 
perfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdfperfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdfProColombia
 
El negocio de las bodas destino .pdf
El negocio de las bodas destino .pdfEl negocio de las bodas destino .pdf
El negocio de las bodas destino .pdfProColombia
 
Congreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdfCongreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdfProColombia
 
Congreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdfCongreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdfProColombia
 
Bodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdfBodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdfProColombia
 
La cadena de valor de las bodas de destino y el impacto social en las comunid...
La cadena de valor de las bodas de destino y el impacto social en las comunid...La cadena de valor de las bodas de destino y el impacto social en las comunid...
La cadena de valor de las bodas de destino y el impacto social en las comunid...ProColombia
 
Diseño de la experiencia en una boda destino.pdf
Diseño de la experiencia en una boda destino.pdfDiseño de la experiencia en una boda destino.pdf
Diseño de la experiencia en una boda destino.pdfProColombia
 

More from ProColombia (20)

8 Inversiones para el desarrollo sostenible (1).pdf
8 Inversiones para el desarrollo sostenible (1).pdf8 Inversiones para el desarrollo sostenible (1).pdf
8 Inversiones para el desarrollo sostenible (1).pdf
 
7 Iniciativas Innovadoras (1).pdf
7 Iniciativas Innovadoras (1).pdf7 Iniciativas Innovadoras (1).pdf
7 Iniciativas Innovadoras (1).pdf
 
6 Territorios como destino de inversión (1).pdf
6 Territorios como destino de inversión (1).pdf6 Territorios como destino de inversión (1).pdf
6 Territorios como destino de inversión (1).pdf
 
5 Estrategia de Procolombia (3).pdf
5 Estrategia de Procolombia (3).pdf5 Estrategia de Procolombia (3).pdf
5 Estrategia de Procolombia (3).pdf
 
4 Tendencias Globales (3).pdf
4 Tendencias Globales (3).pdf4 Tendencias Globales (3).pdf
4 Tendencias Globales (3).pdf
 
3 Política de Reindustrialización (2).pdf
3 Política de Reindustrialización (2).pdf3 Política de Reindustrialización (2).pdf
3 Política de Reindustrialización (2).pdf
 
2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdf2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdf
 
2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdf2 Plan Nacional de Desarrollo (2).pdf
2 Plan Nacional de Desarrollo (2).pdf
 
boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...
boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...
boletin_de_actualidad_de_procolombia_en_materia_de_inversion_para_todas_las_r...
 
Bodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdfBodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdf
 
perfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdfperfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdf
 
perfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdfperfilcannabis2023australia-230602005622-b48a4aaa.pdf
perfilcannabis2023australia-230602005622-b48a4aaa.pdf
 
LACADE~1.PDF
LACADE~1.PDFLACADE~1.PDF
LACADE~1.PDF
 
El negocio de las bodas destino .pdf
El negocio de las bodas destino .pdfEl negocio de las bodas destino .pdf
El negocio de las bodas destino .pdf
 
Congreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdfCongreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdf
 
DEQUMA~1.PDF
DEQUMA~1.PDFDEQUMA~1.PDF
DEQUMA~1.PDF
 
Congreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdfCongreso de Bodas LAT 2023.pdf
Congreso de Bodas LAT 2023.pdf
 
Bodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdfBodas Multiculturales y la oportunidad para Colombia.pdf
Bodas Multiculturales y la oportunidad para Colombia.pdf
 
La cadena de valor de las bodas de destino y el impacto social en las comunid...
La cadena de valor de las bodas de destino y el impacto social en las comunid...La cadena de valor de las bodas de destino y el impacto social en las comunid...
La cadena de valor de las bodas de destino y el impacto social en las comunid...
 
Diseño de la experiencia en una boda destino.pdf
Diseño de la experiencia en una boda destino.pdfDiseño de la experiencia en una boda destino.pdf
Diseño de la experiencia en una boda destino.pdf
 

Recently uploaded

Artificial Intelligence in Philippine Local Governance: Challenges and Opport...
Artificial Intelligence in Philippine Local Governance: Challenges and Opport...Artificial Intelligence in Philippine Local Governance: Challenges and Opport...
Artificial Intelligence in Philippine Local Governance: Challenges and Opport...CedZabala
 
EDUROOT SME_ Performance upto March-2024.pptx
EDUROOT SME_ Performance upto March-2024.pptxEDUROOT SME_ Performance upto March-2024.pptx
EDUROOT SME_ Performance upto March-2024.pptxaaryamanorathofficia
 
Precarious profits? Why firms use insecure contracts, and what would change t...
Precarious profits? Why firms use insecure contracts, and what would change t...Precarious profits? Why firms use insecure contracts, and what would change t...
Precarious profits? Why firms use insecure contracts, and what would change t...ResolutionFoundation
 
Climate change and occupational safety and health.
Climate change and occupational safety and health.Climate change and occupational safety and health.
Climate change and occupational safety and health.Christina Parmionova
 
“Exploring the world: One page turn at a time.” World Book and Copyright Day ...
“Exploring the world: One page turn at a time.” World Book and Copyright Day ...“Exploring the world: One page turn at a time.” World Book and Copyright Day ...
“Exploring the world: One page turn at a time.” World Book and Copyright Day ...Christina Parmionova
 
CBO’s Recent Appeals for New Research on Health-Related Topics
CBO’s Recent Appeals for New Research on Health-Related TopicsCBO’s Recent Appeals for New Research on Health-Related Topics
CBO’s Recent Appeals for New Research on Health-Related TopicsCongressional Budget Office
 
VIP Russian Call Girls in Indore Ishita 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Ishita 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Ishita 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Ishita 💚😋 9256729539 🚀 Indore Escortsaditipandeya
 
VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...
VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...
VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...Suhani Kapoor
 
Human-AI Collaboration for Virtual Capacity in Emergency Operation Centers (E...
Human-AI Collaborationfor Virtual Capacity in Emergency Operation Centers (E...Human-AI Collaborationfor Virtual Capacity in Emergency Operation Centers (E...
Human-AI Collaboration for Virtual Capacity in Emergency Operation Centers (E...Hemant Purohit
 
(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Service
(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Service(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Service
(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Serviceranjana rawat
 
2024: The FAR, Federal Acquisition Regulations - Part 28
2024: The FAR, Federal Acquisition Regulations - Part 282024: The FAR, Federal Acquisition Regulations - Part 28
2024: The FAR, Federal Acquisition Regulations - Part 28JSchaus & Associates
 
DNV publication: China Energy Transition Outlook 2024
DNV publication: China Energy Transition Outlook 2024DNV publication: China Energy Transition Outlook 2024
DNV publication: China Energy Transition Outlook 2024Energy for One World
 
Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...
Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...
Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...ankitnayak356677
 
(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Service
(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Service(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Service
(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Serviceranjana rawat
 
Item # 4 - 231 Encino Ave (Significance Only).pdf
Item # 4 - 231 Encino Ave (Significance Only).pdfItem # 4 - 231 Encino Ave (Significance Only).pdf
Item # 4 - 231 Encino Ave (Significance Only).pdfahcitycouncil
 
Incident Command System xxxxxxxxxxxxxxxxxxxxxxxxx
Incident Command System xxxxxxxxxxxxxxxxxxxxxxxxxIncident Command System xxxxxxxxxxxxxxxxxxxxxxxxx
Incident Command System xxxxxxxxxxxxxxxxxxxxxxxxxPeter Miles
 
Climate change and safety and health at work
Climate change and safety and health at workClimate change and safety and health at work
Climate change and safety and health at workChristina Parmionova
 

Recently uploaded (20)

Artificial Intelligence in Philippine Local Governance: Challenges and Opport...
Artificial Intelligence in Philippine Local Governance: Challenges and Opport...Artificial Intelligence in Philippine Local Governance: Challenges and Opport...
Artificial Intelligence in Philippine Local Governance: Challenges and Opport...
 
EDUROOT SME_ Performance upto March-2024.pptx
EDUROOT SME_ Performance upto March-2024.pptxEDUROOT SME_ Performance upto March-2024.pptx
EDUROOT SME_ Performance upto March-2024.pptx
 
Precarious profits? Why firms use insecure contracts, and what would change t...
Precarious profits? Why firms use insecure contracts, and what would change t...Precarious profits? Why firms use insecure contracts, and what would change t...
Precarious profits? Why firms use insecure contracts, and what would change t...
 
Climate change and occupational safety and health.
Climate change and occupational safety and health.Climate change and occupational safety and health.
Climate change and occupational safety and health.
 
“Exploring the world: One page turn at a time.” World Book and Copyright Day ...
“Exploring the world: One page turn at a time.” World Book and Copyright Day ...“Exploring the world: One page turn at a time.” World Book and Copyright Day ...
“Exploring the world: One page turn at a time.” World Book and Copyright Day ...
 
CBO’s Recent Appeals for New Research on Health-Related Topics
CBO’s Recent Appeals for New Research on Health-Related TopicsCBO’s Recent Appeals for New Research on Health-Related Topics
CBO’s Recent Appeals for New Research on Health-Related Topics
 
VIP Russian Call Girls in Indore Ishita 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Ishita 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Ishita 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Ishita 💚😋 9256729539 🚀 Indore Escorts
 
VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...
VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...
VIP High Class Call Girls Amravati Anushka 8250192130 Independent Escort Serv...
 
9953330565 Low Rate Call Girls In Adarsh Nagar Delhi NCR
9953330565 Low Rate Call Girls In Adarsh Nagar Delhi NCR9953330565 Low Rate Call Girls In Adarsh Nagar Delhi NCR
9953330565 Low Rate Call Girls In Adarsh Nagar Delhi NCR
 
Human-AI Collaboration for Virtual Capacity in Emergency Operation Centers (E...
Human-AI Collaborationfor Virtual Capacity in Emergency Operation Centers (E...Human-AI Collaborationfor Virtual Capacity in Emergency Operation Centers (E...
Human-AI Collaboration for Virtual Capacity in Emergency Operation Centers (E...
 
(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Service
(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Service(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Service
(TARA) Call Girls Chakan ( 7001035870 ) HI-Fi Pune Escorts Service
 
2024: The FAR, Federal Acquisition Regulations - Part 28
2024: The FAR, Federal Acquisition Regulations - Part 282024: The FAR, Federal Acquisition Regulations - Part 28
2024: The FAR, Federal Acquisition Regulations - Part 28
 
DNV publication: China Energy Transition Outlook 2024
DNV publication: China Energy Transition Outlook 2024DNV publication: China Energy Transition Outlook 2024
DNV publication: China Energy Transition Outlook 2024
 
Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...
Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...
Greater Noida Call Girls 9711199012 WhatsApp No 24x7 Vip Escorts in Greater N...
 
(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Service
(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Service(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Service
(DIYA) Call Girls Saswad ( 7001035870 ) HI-Fi Pune Escorts Service
 
How to Save a Place: 12 Tips To Research & Know the Threat
How to Save a Place: 12 Tips To Research & Know the ThreatHow to Save a Place: 12 Tips To Research & Know the Threat
How to Save a Place: 12 Tips To Research & Know the Threat
 
Item # 4 - 231 Encino Ave (Significance Only).pdf
Item # 4 - 231 Encino Ave (Significance Only).pdfItem # 4 - 231 Encino Ave (Significance Only).pdf
Item # 4 - 231 Encino Ave (Significance Only).pdf
 
Incident Command System xxxxxxxxxxxxxxxxxxxxxxxxx
Incident Command System xxxxxxxxxxxxxxxxxxxxxxxxxIncident Command System xxxxxxxxxxxxxxxxxxxxxxxxx
Incident Command System xxxxxxxxxxxxxxxxxxxxxxxxx
 
Climate change and safety and health at work
Climate change and safety and health at workClimate change and safety and health at work
Climate change and safety and health at work
 
Call Girls In Rohini ꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In  Rohini ꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCeCall Girls In  Rohini ꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In Rohini ꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
 

3° Latin America Survey Shared Service Center in Colombia

  • 1. 13° Latin American Shared Services Survey-Colombian Chapter November 2016 3° Latin American Shared Services Survey Trends in an evolving model Colombian Chapter
  • 2. Notice “Neither EY nor Procolombia are responsible for the use, interpretation and/or application of this report.” 2 3° Latin American Shared Services Survey-Colombian Chapter
  • 3. 33° Latin American Shared Services Survey-Colombian Chapter President of ProColombia The present study, prepared by EY with the support of ProColombia, shows how our country is advancing to consolidate itself as an investment leader with a high potential for setting up Shared Service Centers (SSC) in the region. Over the last ten years, this business segment has grown thanks to factors such as the high level of performance of Colombian professionals, vocation and service approach, as well as incentives granted by the National Government for the establishment of these types of operations. Investors in this sector contribute to make our nation a bigger, more competitive, and one better trained in international standards. The country boasts specialized value-added services for the management of global operations of companies from diverse sectors in accounting processes, information and supply systems, finance and human resources. Managing Partner-Advisory At the time of publishing our 3° Latin American Shared Services Survey I thought about the challenges that our economy imposes on us. It is common for companies of all sizes and from all sectors to retreat in times of turbulence in their core businesses, in many cases forgetting that greater operational efficiency directly impacts goods and services that our customers receive. Shared Service Centers are experiencing a defining moment, where increasingly global business models converge and where technology (digital, automatized and analytical) is generating profound effects on the way services are being executed. Accompanied by this, we still see a marked polarization of services in the areas of finance, technology and human resources; even so, we note a great interest in exploring new services and geographies, which imposes an even more challenging agenda for the coming years. In this context, this Survey becomes even more relevant than ever. I hope that the information proves useful to you and allows you to obtain value for your business. FelipeJaramilloMartínSoubelet 33° Latin American Shared Services Survey-Colombian Chapter
  • 4. Introduction General Information Shared Service Centers in Colombia Strategic Shared Service Center definitions SSC human management challenges Service management The importance of technological support Streamlining of IT support Service channels SSC automation Data analysis (Analytical and Big Data) Conclusions In this report In order to perform at the highest level, companies have created working frameworks that enable customer interfacing teams to concentrate on delivering quality products and services, and to give value to the market; while support teams have developed global business service operations organized as Shared Service Centers (going forward, SSC). It is in this context that EY and ProColombia present the results of the Third Latin American Shared Services Survey, with an emphasis on Colombia. We would like to thank the Shared Sevices Centers for participating in this survey and we hope that the conclusions preseted allow you to act strategically in response to the needs of local and international markets. 4 3° Latin American Shared Services Survey-Colombian Chapter
  • 5. The best companies know that the key to success in business has many ingredients. Some attributes are very visible to customers (such as products and services); however, companies have other internal attributes that are necessary to thrive as a business. To perform at the highest level, there is a need to create a working framework that allows customer-focused teams to focus on delivering quality products and services and giving value to the market. Many companies have abandoned structures which were defined by the limited functions of businesses such as finance or information technology (Hereinafter, IT). Instead, they have chosen to focus on delivering end-to-end standardized processes. They are building global multifunctional service operations businesses that can transform how your business works. In Colombia, this trend began approximately 10 years ago when companies started outsourcing and using SSCs to improve the efficiency of their support processes. Finance opened the way, followed by IT, human resources and procurement. The intention was to transfer routine transactional work to specialists, who were dedicated to processing it more efficiently at a lower cost. It is in this context that EY and ProColombia are presenting the results of the Third Latin American Shared Services Survey, with a chapter dedicated to SSCs in Colombia. This was designed for companies that currently have shared services and have already stabilized their operation; focusing on the streamlining of these services and the goals of these companies over the next few years. We received responses from 31 Colombian companies. In the following pages, we will present the work carried out, seeking to provide a source of information in order to understand the SSC panorama in Colombia, its trends and the evolution of the model. Introduction 53° Latin American Shared Services Survey-Colombian Chapter
  • 6. Los CSC en Colombia 6 3° Latin American Shared Services Survey-Colombian Chapter SSCs in Colombia Introduction The 3° Latin American Shared Services Survey was carried out between April and July of 2016 with the participation of more than 45 companies from Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru. The questions were developed with a focus on two main areas of analysis, considering on the one hand the evolution of the SSC operation compared to previous years (2008 and 2012), and on the other hand, the level of adoption of technological trends in the region. In the case of Colombia, the survey was applied to a group of 31 companies located in different cities throughout the country that belong to industries such as services, manufacturing, general services, financial services, among others. We consider it important to point out demographic aspects of the organizations surveyed so as to give a context to their evolution and changes in recent years. Cities in which these SSCs are located According to the answers received, the city with the highest number of SSCs is Bogota (62%), followed by Medellín and Cali (16% each one). Bogota Cali Medellin Bucaramanga Cartagena 62% 3%3% 16% 16% Figure 1 General Information Location of SSCs in Colombia
  • 7. 73° Latin American Shared Services Survey-Colombian Chapter SSC Length of operations We found that the creation of SSCs continues to have a great dynamic in Colombia, since 36% of SSCs are between 0 and 3 years old. It is worth noting that 58% of SSCs surveyed are between 3 and 10 years old. SSC Geographical coverage The trend shows that, companies that have SSCs in Colombia establish them to provide local (39%) or regional (48%) services. Compared to Latin America, where we find that 20% are of global reach, in Colombia, 13% are global, mainly because SSCs are established by national companies operating locally or in Latin America. The global SSCs in Colombia correspond to international companies that established their SSCs, seeking to take advantage of the benefits that the country offers, such as human capital and its central location on the American continent. 0-3 years 3-5 years 5-10 years More than 10 years 36% 10% 29% 29% Figure 2 SSC Length of operation SSC Geographical coverage 12% 61% 27% 25% 52% 23% 20% 55% 25% 13% 48% 39% Figure 3 2008 Latin America 2012 Latin America 2016 Latin America 2016 Colombia Global Regional Local 0% 10% 20% 30% 40% 50% 60% 70%8 0%
  • 8. 8 3° Latin American Shared Services Survey-Colombian Chapter Countries served by SSCs Analyzing in more depth the nature of SSCs in Colombia that have a regional or global scope (61% of respondents), we found that 35% serve only Colombia, 46% serve 2 to 8 countries, and 19% serve more than 11 countries. 1 country 2 - 5 countries 6 - 8 countries More than 11 countries 35% 19% 26% 20% Figure 4 Number of countries served by SSCs
  • 9. 3° Latin American Shared Services Survey-Colombian Chapter 9 The main countries that are served from Colombia are: Panama, Ecuador and Peru, thanks to geographical proximity and cultural and time zone similarities, as well as Mexico, Chile and Costa Rica. It is also worth noting that 26% of Colombian SSCs serve operations in Brazil and 23% serve operations in the United States. 35% 35% 29% 29% 39% 26% 23% 23% 26% 32% Figure 5 SSC Percentage coverage by country United States Mexico Panama Peru Brazil
  • 10. 10 3° Latin American Shared Services Survey-Colombian Chapter Number of employees In relation to the staff working in SSCs in Colombia, 65% of centers have more than 100 employees. This could be due to the volume of customers they serve and the scope of services provided. The analysis shows that in comparison with 2012, SSCs in Colombia show a growth trend. For example, centers with more than 500 employees have grown from 20% to 23%. In addition, we found that of the 35% of SSCs which have fewer than 100 employees, 36% of them are planning to expand geographically, expand their portfolio of services or provide services to third parties. Languages used in SSCs With regard to the languages used in SSCs in Colombia, 58% speak only one language (Spanish), 29% speak two languages, predominantly Spanish and English, and 10% speak 3 languages (Spanish, English and Portuguese). Number of SSC employees 0 - 50 51 - 100 101 - 200 201 - 500 More than 500 23% 19% 13% 22% 23% Figure 6 Languages used in SSCs 2016 Latin America 2016 Colombia 30% 40% 29% 25% 10% 5% 3% 58% Figure 7 1 language 2 language 3 language More than 3 language
  • 11. 113° Latin American Shared Services Survey-Colombian Chapter Figure 8 Export of Services 55% of the SSCs surveyed in Colombia provide services abroad, where 41% of them generate individual revenue of more than USD 1 million per year. The principle countries that generate this revenue are listed in Figure 5. 0 to USD $100.000 USD $100.001 to USD $500.00 USD $500.001 to USD $1.000.000 More than USD $1.000.001 41%12% 29% 18% Figure 9 Revenue from the Export of Servicess Spanish English Portuguese French German 100% 39% 18% 3% 0% 43% 9% 2% 55% 98% Languages supported by SSCs Colombia Latin America Although 39% of SSCs in Colombia support English, in Latin America 55% of SSCs support English. Colombia has an important area of opportunity where it can expand its supply of bilingual professionals in order to be at the level of other Latin American cities such as San Jose (Costa Rica) or Buenos Aires.
  • 12. 12 3° Latin American Shared Services Survey-Colombian Chapter Units serving SSCs Considering the nature of SSCs in Colombia that are looking to serve more than one business unit or company from their group, we found that the general rule is to serve at least four businesses or companies (74%), where 58% serve more than six. This shows us the level of complexity of SSCs in Colombia, where they have to meet various requirements in their day to day operations. 1-3 4-5 6-10 More than 10 39%26% 16% Services and Financial Services Production, Consumer Goods and Distribution Energy and Utilities Other (Airline, Real Estate, Education and Housing) Technology, Communications and Entertainment There are SSCs that belong to more than one industry. 19% Figure 10 Figure 11 Units Serving SSCs 18Industry sectors Industries served In a complementary way to the previous analysis, we found that 67% of SSCs in Colombia serve a single industry, while 17% serve 2 industries and 17% serve 3 to 7 industries. With regard to sectors such as the service and financial service and production, consumer goods and distribution sectors, they make up 80% of the SSCs in Colombia (41% and 39%, respectively). 41% 39% 7% 7% 6%
  • 13. 133° Latin American Shared Services Survey-Colombian Chapter Figure 12 Services Portfolio At the portfolio level, financial services continue to be the most frequently provided by SSCs in Colombia (63%), while Latin America provides 98%. However, we also found an important presence of technology services (42%) and general services (39%). In addition 6% of other services provided, we found customer service and ‘marketing to order’. In relation to the industry, the service industry has a portfolio focused on finance, technology, and human resource services, while in manufacturing, the portfolio focuses on finance and technology services. Finally, in telecommunications, banking and insurance, SSCs provides services in transactional banking, customer operations management, and customer care processes, which differs from other industries that focus on back-office business support. The response of each SSC comprises more than one possible option. Latin America 2012 Latin America 2016 Colombia 2016 0% 20% 40% 60% 80% 100% Others Procurement and Logistics General and Administrative Services Human Resources Technology Finance 17% 41% 58% 50% 35% 41% 45% 93% 98% 65% 50% 42% 45% 39% 43% 32% 14% 6%
  • 14. 14 3° Latin American Shared Services Survey-Colombian Chapter SSC strategic definitions To define where we want to go, we must first analyze what we have done so far and what we are doing today. That is why in order to streamline the SSC model, one of the first steps is to evaluate the level of adoption of the vision initially defined. Implemented strategy In the last four years, SSCs have focused on optimizing the service levels offered (87%), and at the same time the majority have sought to make technological improvements and to expand their service portfolio (61% and 48%, respectively). It is important to emphasize that comparing the strategic vision of 2012 with that executed in recent years, 24% of respondents expected to review the geographic scope of the their centers and 26% actually reviewed it. In the case of expanding the portfolio of services, 34% intended to do so and 48% implemented it. Optimization of service levels offered Technological improvements Expansion of service portfolio Improvement in negotiations with external suppliers Review of geographic scope of centers Others 87% 61% 48% 35% 26% 6% Figure 13
  • 15. 153° Latin American Shared Services Survey-Colombian Chapter New SSC processes The processes migrated to SSCs in Colombia vary in complexity and in number as they reach a higher level of maturity. 65% of respondents have been working on the creation of new services, where 19% have created more than three. This demonstrates the dynamism of SSCs in Colombia. SSCs as business process outsourcing (BPO) 10% of SSCs provide services to companies other than those from their group (BPO type), representing an average of 20% of their annual invoicing. Of the SSCs created new services from 2012 up to now Of SSCs do not sell services to other companies 65% 90% Figure 14 Gráfica 15
  • 16. SSCs are working on or considering implementing different courses of action to achieve their strategic objectives. In this sense, and compared to the strategy defined in 2012, we found that SSCs in 2016 continue with the tendency to expand their service portfolios (34% to 65% intention), to outsource operations (from 13% to 39%), and to expand geographically (from 24% to 32%). Additionally, we found that 26% of SSCs are going to migrate their operation to regional or global centers and 23% are planning to do business process outsourcing (BPO). 65% are working on the expansion of their services portfolio. 39% are working on the total or partial outsourcing of their internal processes. 32% of SSCs are working on the geographical expansion of the provision of their services. Internal processes selected to outsource Technology 50% 50% 42% 33% 17% 8% 8% Services Finance HR Procurement Maintenance Logistics The response of each SSC comprises more than one possible option. 16 3° Latin American Shared Services Survey-Colombian Chapter
  • 17. 3° Latin American Shared Services Survey-Colombian Chapter 26% of SSCs are working on the implementation of a model for continuous improvement. The response of each SSC comprises more than one possible option. 26% of SSCs are working on totally or partially migrating their operations to regional or global centers. 23% intend to provide services to third parties outside their economic group. Selected services to provide as BPO HR 27% 27% 18% 9% 9% 9% Tecnology Logistics Procurement Finance Contact Center Figure 16 173° Latin American Shared Services Survey-Colombian Chapter
  • 18. 18 3° Latin American Shared Services Survey-Colombian Chapter High turnover Development of customer service competencies Capturing of resources / suitable profiles in the market The development of career and succession plans that support the SSC model The motivation and commitment of the work teams Others 2012 Latin America 2016 Colombia SSC human management challenges The organizational configuration of SSCs in Colombia forms part of the scope that is developed at the outset and that evolves together with the strategic scope of the organization. HR challenges At the Human Resources level, one of the biggest challenges identified by SSCs in Colombia continues to be the development of career plans that support the operation model. The importance of attracting adequate resources and profiles in the market increased (from 9% to 17%), and the high turnover and motivation and commitment of work teams as a challenge to SSCs decreased (16% to 14% and 21% to 14%, respectively). 16% 14% 21% 22% 9% 17% 31% 31% 21% 14% 2% 4% Figure 17
  • 19. 193° Latin American Shared Services Survey-Colombian Chapter Figure 18 Figure 19 Level of turnover 70% of SSCs have a staff turnover below 10%, which is lower than in previous years. Less than 10% Between 10% y 15% Greater than 15% Focus of attention We found that the human talent focal points are related to the measurement of the working environment and to the improvement of occupational well-being (26%). Measurement of the work climate and development of improvement measures. The development of measures for the improvement of occupational well-being. Development of training plans. The development of challenging and attractive career plans. Others. 70% 26% 20% 24% 22% 19% 9% 10%
  • 20. Service management Points of dissatisfaction The main point of dissatisfaction among users of Colombian SSCs is the response time in addressing inquiries, followed by the cost of services; unlike in Latin America, where 52% believe cost of services to be the main point of dissatisfaction. SSCs may consider implementing technology enablers to improve customer response times. Response time to inquiries Service costs Quality of services Accessibility and communication issues Others 58% 45% 16% 6% 6% Figure 20 20 3° Latin American Shared Services Survey-Colombian Chapter
  • 21. 213° Latin American Shared Services Survey-Colombian Chapter The importance of technological support Streamlining of processes In the survey we asked participants what were the most worked on aspects to optimize the processes from the point of view of technology. 49% of respondents answered that they were looking to increase process automation, followed by the use of tools to establish business intelligence in order to be able to manage large volumes of transactions efficiently and with lower costs. Streamlining of IT support For the streamling of SSCs to be successful, it is necessary to have robust and stable technology support. 49% 16% 11% 3% 20% Increase in automation Data analytics and BI Server virtualization Others Data governance Figure 21 52% Figure 22 ERP (SAP, Oracle, JDEDwards, others) Selfmanagement tools Adoption of tools for advanced analysis of data CRM OCR 23% 19% 3% 3% With regard to the technological tools considered by the SSCs for implementation, these remain unchanged with respect to the results of the previous survey. Enterprise resource planning (ERP) systems continue to be the most important development focus. 23% of SSCs in Colombia adopted self-management tools and 19% focused on adopting tools for advanced data analysis.
  • 22. 22 3° Latin American Shared Services Survey-Colombian Chapter Adoption of communication channels in Colombia Service channels Utilization of service channels In the shared services model, one of the most important aspects is the relationship with customers and the communication channels that exist with them. Depending on the scope of services and the model of operation, there are different communication alternatives that are not unique or mutually exclusive. In relation to service channels, telephone attention continues to be the most used and highest adoption medium, with 97% of use (95% in Latin America). Personalized care and self-management have the same utilization rate of 84% (82% and 88% in Latin America, respectively), which shows that the trend of use in Colombia with respect to Latin America is very similar. 97% 84% 84% Telefonic Self-managed Personalized Evolution of the self-management channel 84%of SSCs surveyed use self-management as a service channel. 76%was the increase in the implementation of the self-management channel in the last eight years compared to Latin America. 8% 60% 84% Latin America 2008 Latin America 2012 Colombia 2016 Figure 23 Figure 24 Evolution of the level of adoption of the self-management channel
  • 23. 233° Latin American Shared Services Survey-Colombian Chapter Telefonic Self-managedPersonalized Latin America 2012 Latin America 2016 Colombia 2016 Figure 25 52% 48% 48% 71% 68% 19% 32% 58% 26% For the analysis, the levels of use were considered “Frequent” and “Very Frequent¨. Level of use of service channels With respect to the level of use of service channels, we can conclude that: The self-management service channel has increased significantly, from 32% to 58% in Latin America (2012-2016). With respect to Colombia, we observed that a large number of SSCs use this channel (84% - figure 23); however, its frequency of use is low (26%). The use of the personalized care channel decreased 3% in Latin America between 2012 and 2016. In the case of Colombia, it is observed that personalized care is the channel that is used less frequently, even if it is used by a large number of SSCs ( 84% - figure 23). The telephone service channel has the same percentage of use in Latin America and Colombia in 2016. Despite having decreased by 4% compared to its use in 2012, it is the channel with the greatest use in the region.
  • 24. 24 3° Latin American Shared Services Survey-Colombian Chapter Tools for the external user With respect to the automation tools geared to external users, 89% have some tools. The most used are the web portal for suppliers and for customers. OCR Automatic data loading system Mobile Apps Robotics BPMS Others B2B Tools Automation in SSCs Automation tools 91% of SSCs interviewed in Colombia have back office automation tools. The most used tool is optical character recognition (OCR) and is followed by automatic data loading systems and mobile applications. 37% 19% 19% 11% 7% 4% 4% Figure 26 Portal web for suppliers Portal web for customers Mobile Apps for customers and suppliers Portal for SSC staff Remedy Help desk applications 39% 35% 13% 6% 3% 3% Figure 27
  • 25. 253° Latin American Shared Services Survey-Colombian Chapter Use of ERP Although ERP is the most used tool to execute SSC processes in Colombia, 80% of respondents said they were not using all of the potential / functionality of their current ERP. In addition, 71% said they had implemented ERP automations such as bank reconciliations, time reporting, payroll and closing schedules. ERP Automations Interface developments with mobile apps Targeted development 80% 71% 20% 14% 14% Figure 29 Figure 28 Of SSCs believe that they are using all the potential and functionalities of their ERP. OfSSCsdonot believe thatthe full potentialand functionality of theirERPsisbeing used.
  • 26. 26 3° Latin American Shared Services Survey-Colombian Chapter Observar datos del pasado para reportar,visualizar y entender que ocurrió restrospectivamenteo en tiempo real. Utilizar datos del pasado e historia de comportamientos para entender por qué algo ocurrió o predecir que va a pasar en el futuro. Determinar qué decisión y acción va a producir el resultado más efectivo contra un conjunto de objetivos y restricciones. Para generar estos análisis, se necesita fuerte colaboración entre el negocio y IT Asegurar que se respondan correctamente Para generar estos análisis, se necesita fuerte colaboración entre el negocio y IT Formular las mejores preguntas enforma adecuada 2 3 1 Figure 30 To generate these analyses, strong collaboration between business and IT is needed To generate these analyses, strong collaboration between business and IT is needed Formulate the best questions in a appropiate way Ensure that they respond correctly Data Analysis Value Chain Automation tools / Data analysis for decision-making According to the results of the survey, in Colombia, 94% of SSCs rely on data analysis for decision-making, 16% above the results of the survey for Latin America (78%). Of the 94% of SSCs that rely on data analysis for decision-making, 55% do it “very frequently” and 45% do it “frequently”. Data analysis Descriptive Analysis Prescriptive Analysis Big Data Value Chain Predictive Analysis 1. Descriptive Analysis 2. Predictive Analysis 2. Predictive Analysis To observe data from the past to report, visualize and understand what occurred retrospectively or in real time. To use past data and behavioral history to understand why something happened or predict what will happen in the future. To determine which decision and action will produce the most effective outcome against a set of objectives and constraints.
  • 27. 273° Latin American Shared Services Survey-Colombian Chapter Use of data analysis for decision-making Figure 31 Figure 32 6%of SSCs are not supported in the analysis of data for decisionmaking 94%of SSCs that are supported in data analysis for decisionmaking do it with the following frequency: 55%use it very frequently (35% in Latin America). 45%use it frequently (43% in Latin America). 87% of SSCs in Colombia have initiatives to support their organization in data analysis for decision-making, compared to 83% in Latin America. It is important to note that in Colombia 39% of the initiatives that encourage data analysis arise as a SSC initiative, below Latin America where it corresponds to 63%. Conversely, for the initiatives that arise through the IT area and SSC customers, it can be observed that in Colombia the percentage is higher, 32% of IT initiatives and 16% of SSC customer initiatives against 15% and 5%, respectively, in Latin America. SSC Initiative IT Initiative SSC Customer Initiative 63% 39% 15% 32% 5% 16% 2016 Latin America 2016 Colombia Initiatives that encourage data analysis for decision-making 13% of SSCs in Colombia do not have initiatives that encourage the analysis of data for decision-making.
  • 28. 28 3° Latin American Shared Services Survey-Colombian Chapter Operational Reports Management Control Boards Predictive Analysis 58% of respondents said they knew of the concepts of Big Data and Analytics. while 42% knew it superficially or did not know it. However, 61% believe that Big Data and analytics have a value of between “high” and “very high” that can contribute to the operation of SSCs. 22% percent of SSCs surveyed believe that Big Data and analytics would add value in areas that provide analytical services to customers, and 18% believe that it can improve SSC productivity and service quality. This trend is consistent with Latin America where 25% of SSCs surveyed believe that data analysis can improve service quality and provide analytical services to customers. Areas where Big Data and Analytics can be added most SSCs in Colombia that use Big Data and analytics use them primarily to perform operational reports and to generate management control boards. 61% 58% 23% Type of analysis performed by SSCs Figure 33 Figure 35 Very high High Neutral N/A N/R Low How much value do you think Big Data and Analytics can bring to the SSC’s operation? Figure 34 32% 29% 26% 10% 3% Provide analytical services to customers Improve quality of service Improve SSC productivity More efficient human resources management Better understanding of customers Improve internal management and control Detect and prevent fraud 22% 18% 18% 12% 12% 12% 6%
  • 29. 293° Latin American Shared Services Survey-Colombian Chapter Conclusions As mentioned throughout the report, it is observed that the Shared Services model in Colombia has evolved significantly in recent years. SSCs are dynamic, since on the one hand, the already implemented ones have continued to expand services provided and their geographical coverage, while on the other hand new SSCs have been created in the country. However, unlike in Latin America, Colombian SSCs mainly serve the local and regional market. The expansion, growth and creation of SSCs provides opportunities for the generation of economies of scale, increased productivity and improved process efficiency. In relation to the services provided, a high diversification of services was found for finance, technology and human resource services, as well as services for the support of core business processes such as transactional banking, customer operations management, and customer care and service processes. The human management challenges of Colombian SSCs focus on two themes: the development of career and succession plans that allow for the continued development of the SSC model and, in line with the previous topic, the capture of adequate resources to continue driving the model. Compared to the 2012 survey, we found a significant decrease in turnover of SSC staff. Regarding the management of services, customers are very satisfied with their quality as well as with accessibility and communication, which indicates that geographical dispersion does not present a barrier to efficient service delivery. The challenges that SSCs have in relation to service management are improving response times and improving service costs. Colombia is using technological innovation to leverage the growth of its SSCs. To a large extent, SSCs are focusing on achieving the automation of transactional processes to improve the operation through advances and developments in their ERP and technological solutions such as selfmanagement tools and advanced data anlysis. It was found that most SSCs in Colombia have implemented data analysis to generate control boards and operational reports, as a contribution to decision-making. To a great extent, the Centers opt for descriptive analysis, being a great challenge to adopt models of prescriptive and predictive data that allow for the delivery of greater added value to customers. Similarly, the use of Robotics as technological leverage for the improvement in the efficiency of processes is very incipient in Colombia and it is observed that a small percentage of the Centers have begun to implement it, although this is very likely to be one of the strongest trends in the coming years, in conjunction with the use of Big Data.
  • 30. 30 3° Latin American Shared Services Survey-Colombian Chapter About ProColombia ProColombia is the entity in charge of the promotion of international tourism, foreign investment and non-traditional exports in Colombia and the country brand. Through its national and international network of offices, it offers support and comprehensive advice to customers through services or instruments aimed at facilitating the design and execution of its internationalization strategy, which seeks the generation, development and the closing on business opportunities. In its mission, ProColombia encourages the realization of international business through the identification of opportunities and the design of strategies for market penetration, as well as the accompaniment in the creation of action plans for the internationalization of Colombian companies and the providing of specialized services to entrepreneurs interested in acquiring goods and services in the country or investing in Colombia. María Paula Gómez Salamanca Investment Services Senior Advisor mgomez@procolombia.co
  • 31. 313° Latin American Shared Services Survey-Colombian Chapter About EY Colombia EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization and/or one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. © 201776 EYGM Limited. All Rights Reserved. Martín Soubelet Advisory Managing Partner Tel: +57 1 484 7672 martin.soubelet@co.ey.com Javier Quintana Advisory Partner Tel: +57 1 484 7334 javier.quintana@co.ey.com Sandra Martinez Advisory Senior Manager Tel: +57 1 484 7662 sandra.martinez@co.ey.com EY | Assurance | Tax | Transactions | Advisory
  • 32. 32 3° Latin American Shared Services Survey-Colombian Chapter EY Contact Information: +57 1 484 70 00 contactoey@co.ey.com ProColombia Contact Information: Bogotá Carrera 11 No. 98 - 07 Tel. +57 1 484 70 00 Fax. +57 1 484 74 74 Barranquilla Calle 77B No. 59 - 61 Centro Empresarial Las Américas II Office 311 Tel. +57 5 385 22 01 Fax. +57 5 369 05 80 Bogotá, Colombia ProColombia main office Bogotá, Colombia Calle 28 No. 13A-15 Pisos 35-36 Tel: +57 (1) 560 0100 | 327 5450 www.procolombia.co/contactenos Cali Avenida 4 Norte No. 6N - 61 Siglo XXI Building Office 502 | 503 Tel. +57 2 485 62 80 Fax. +57 2 661 80 07 Medellín Carrera 43 A # 3 Sur – 130 Milla de Oro Building Tower 1 – 14th Floor Tel. +57 4 369 84 00 Fax. +57 4 369 84 84 www.ey.com