Shared services units can achieve enterprise-wide cost savings by consolidating common work and infrastructure, but business units often complain that shared services costs are too high. Typical issues with shared services cost models include complex costing methodologies that make cost allocation and reporting difficult, as well as a lack of standardization. ITC Infotech's shared services cost models provide cost transparency using methods like the reciprocal costing model and recursive costing model. This allows business units to understand their shared services costs and consumption. The models also facilitate cost analysis and "what if" scenario planning. Implementation involves information gathering, model definition, configuration, reporting, and documentation. In a case study, ITC Infotech helped a bank improve cost transparency, operational