Shared Services Center Sample Clauses

The Shared Services Center clause establishes a centralized entity within an organization or group of affiliated companies to provide specific administrative or operational services to multiple business units. Typically, this center handles functions such as accounting, human resources, IT support, or procurement, consolidating these services to achieve efficiencies and standardization. By centralizing these activities, the clause aims to reduce duplication of effort, lower costs, and ensure consistent service delivery across the organization.
Shared Services Center. The Shared Services Center provides THE PARTIES with all the transactional and operational services associated to income and expense management, to the services inherent in managing human resources benefits and payroll processing, in commercial contract management, in errand running services and in general services. And it is equally responsible for managing, maintaining and providing support to systems, technology and processes.
Shared Services Center. 6.1. The Parties expressly acknowledge that the Company will have the support, processing and back office services of Grupo Pão de Açúcar called the Shared Services Center (the “SSC”) and Indirect Procurement Center (the “IPC”), the Company being assured of the right to receive, every 6 months, the information that comes to be requested with respect to the services actually provided. 6.1.1. The Company will rely on the services of the SSC and the IPC, without the costs currently borne by the Company suffering any increase, taking into consideration for purposes of this comparison the standards of quality and efficiency. Any gain generated by the synergy resulting therefrom shall be fully passed along to the Company, pro rata. The SSC and IPC services should consist exclusively of support, processing and back-office services. 6.1.2. The activities and processes listed below (each individually a “Specific Service” or, together, “Specific Services”) represent a non-exhaustive list of what shall be provided to the Company by the SSC and by the IPC: (i) Accounts receivable; (ii) Accounts payable and tax receipts; (iii) Treasury (cash administration, fund raising and investment); (iv) Accounting (Taxes/Costs/Bookkeeping/Bank Reconciliation/Closing of Balances); (v) Management of Inventory, Merchandise and Fixed Assets, not including the decision with respect to the purchase of merchandise for resale; (vi) Planning Support and Management Reports; (vii) Payroll and Benefits Processing; (viii) Processing and procedures for recruitment, holidays and departures; (ix) Processing and procedures for Registration (Suppliers and Merchandise); (x) Attention to the Stores, Headquarters and Distribution Centers (Field services/Call Center); (xi) Store Maintenance (hydraulics, electricity, air conditioning and minor remodeling); (xii) Public Accounts;

Related to Shared Services Center

  • Shared Services CUPE agrees to adopt a shared services model that will allow other Trusts to join the shared services model. The shared services office of the Trust is responsible for the services to support the administration of benefits for the members, and to assist in the delivery of benefits on a sustainable, efficient and cost effective basis recognizing the value of benefits to the members.

  • Covered Services You will receive Covered Services under the terms and conditions of this Contract only when the Covered Service is: • Medically Necessary; • Provided by a Participating Provider for in-network coverage; • Listed as a Covered Service; • Not in excess of any benefit limitations described in the Schedule of Benefits section of this Contract; and • Received while Your Contract is in force.

  • Required Services Consultant agrees to perform the services, and deliver to City the “Deliverables” (if any) described in the attached Exhibit A, incorporated into the Agreement by this reference, within the time frames set forth therein, time being of the essence for this Agreement. The services and/or Deliverables described in Exhibit A shall be referred to herein as the “Required Services.”

  • Pharmacy Services The Contractor agrees to comply with the requirements regarding covered pharmacy and over-the- counter (OTC) benefits. The Contractor will comply with the EOHHS Pharmacy Home Program and the Generics First Initiative, including the maintenance of the drug formulary in accordance with the direction of the EOHHS Pharmacy Committee.

  • Medical Services Plan 10.1.1 Regular Full-Time and Temporary Full-Time Employees shall be entitled to be covered under the Medical Services Plan commencing the first day of the calendar month following the date of employment. 10.1.2 The City shall pay one hundred percent (100%) of the premiums required by the Plan.