TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Open RAN
  • Digital Platforms and Services
  • 5G
  • Access Evolution
  • Private Networks
  • Cloud Native
  • Edge
  • Open Networking
  • Sustainability
  • AI, Analytics and Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • 5G
  • 6G Research and Innovation
  • Access Evolution
  • AI, Analytics and Automation
  • Cloud Native
  • Digital Platforms and Services
  • Edge
  • Open Networking
  • Open RAN
  • Private Networks
  • Security
  • Sustainability
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industry Announcements

Tracker

Shared services center will save MegaFon millions

Via Megafon

Jul 4, 2016

MegaFon is launching a Shared Services Center (SSC) in Samara to handle its standard operational processes. MegaFon will save more than 470 million rubles a year once the project begins operating at full capacity.

The objective behind creating the Shared Services Center is to increase the effectiveness and manageability of the business and to reassign employees to more difficult tasks, while the SSC handles standard business processes such as record-keeping and reporting, financial control and treasury operations, certain HR functions, order planning and tracking, administration of accounts receivable and support of corporate business operations.

The SSC is a separate structure that will support working processes for all MegaFon branches and subsidiaries. The SSC will first begin servicing the Volga Branch of MegaFon in July, before assuming responsibility for the Stolichny Branch by year-end 2016. Servicing of all other branches and subsidiaries will be transferred to the SSC by the end of 2017.

In 2018 the project will begin operating at full capacity. Cost savings will be in excess of 470 million rubles per year thanks to the centralization and optimization of business processes and a reduction in related costs. The center will operate using the latest software, including the SAP S4/HANA IT system. The SSC will employee some 900 people, who will mostly transfer to the new structure from other departments.

“Most of the Shared Services Centers in operation in Russia today focus on a single function. Drawing on the best global practices, we have chosen our own route and created an SSC that consolidates various different functions at once. This is a major project, which, aside from cost savings and freeing up staff, will allow us to manage the business better,” said Lyubov Strelkina, Head of the Shared Services Center, Reporting Director and Chief Accountant, MegaFon.

Related Topics
  • Announcement,
  • Europe,
  • Megafon,
  • News,
  • Tracker

More Like This

Access Evolution

Telstra, Ericsson and Ciena quadruple service capacity for Telstra’s optical network

Jul 4, 2022

Digital Platforms & Services

TIM takes Jovanotti to the Metaverse

Jul 4, 2022

Access Evolution

Juniper Networks Announces Cloud Metro Innovation to Drive Sustainable Business Growth for Service Providers

Jul 4, 2022

AI, Analytics & Automation

Ooredoo Group Enhances Customer Experience with New Solutions in Artificial Intelligence, Machine Learning, and Fraud Protection

Jul 3, 2022

Digital Platforms & Services

ETSI OSM launches release twelve, with enhanced network function resiliency and runtime operations

Jul 1, 2022

This content extract was originally sourced from an external website (Megafon) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

10:14

Executive Interview: Vodafone’s Lucia De Miguel Albertos on the ultimate RAN Intelligent Controller

39:34

Figuring out the TCO of Open RAN

6:47

Dell's Role in Open RAN

4:24

Executive Interview: Neil McRae on BT's Open RAN Plans

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2022. All rights reserved. All brands and products are the trademarks of their respective holder(s).