Global Business Services (GBS)
GBS is an evolution of the shared services model that goes beyond transactional functions to deliver higher-value work. GBS leverages global opportunities across multiple locations and manages them accordingly to provide services. GBS is an integrated and mature evolution of the shared services model. Its services and objectives are similar to those as of any global multi-functional shared services organization. However, GBS runs activities as a business and operates as a partner rather than service provider.