Which of the following best describes a shared service centre (SSC)?

A shared service centre is when a contract is initiated with a third party to provide part or all of a business process or function.

A shared service centre refers to the provision of a service by one part of an organisation where that service has previously been found in more than one part of the organisation.

A shared service centre is when a dedicated finance function is set up within each business area.

A shared service centre is when an organisation requires expertise and support of a team with a variety of skills.