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ACCA highlights shared services growth in Ireland

NewsMatthew Garrow-Fisher, Head of ResearchContent Plus22.02.2012 Comments (1)Bookmark

The shared services sector has come a long way in Ireland in recent years and there are still significant future opportunities for foreign direct investment and job creation. This is the view of Liz Hughes, head of the Association of Chartered Certified…

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Michael O'Brien Celtrino 22.02.2012

Liz is spot on about the importance of the shared services market to the future growth of the Irish economy. On Tuesday, PayPal, a division of the internet auction company eBay Inc., already employs about 1,500 people in Ireland, announced it will hire 1,000 more over the coming four years.

This is a significant announcement both in terms of its sheer size and the continuing vote of confidence in foreign companies of the suitability of Ireland as a centre of excellence for shared services centres.

The announcement of the recent eInvoicing initiative also sends a powerful message to the global business community: Ireland is a place to do business in and from. E-Invoicing adoption by the Irish government is an open admission that the country must prime itself to be more e-business ready. A county’s ability to trade electronically is now a discussion topic of foreign direct investment planning.

Here at Celtrino we are delighted to be a key member of the Irish government’s e-Invoicing project. There is no doubting the importance of the item as one of our government ministers has spent a good deal of his time promoting the government’s e-invoicing project.