What are shared services?

As the market becomes increasingly competitive, successful companies like Bristol Bay Native Corporation (BBNC) are actively looking for ways to operate more efficiently, allowing operating units to focus on innovation and new business development. With the shared services approach, the advantages of centralization and decentralization are combined. The model allows processes to be standardized and redundancies minimized – all while tailoring the service level needs delivered to the business units.

Certain functions are necessary for our businesses: payroll, human resources, accounts payable and receivable, among others. Other services, such as IT and communications, are also valuable resources. BBNC’s ability to bring together highly-specialized services into a center of expertise helps build critical infrastructure and enhances our subsidiaries’ capabilities, all while ensuring that we are operating in tandem with corporate needs such as compliance and risk management.

Some of the benefits BBRS provides:

  • Economies of scale.
  • Agreed-upon service levels. Value-based decisions on what and how much to provide.
  • Standardization of processes. Implementation of best practices.
  • Common technology platform. Enables coordination with corporate and subsidiaries.
  • Culture. People with the skill and mindset to optimize the model beyond the back-office.
  • Operating units free to focus on their operations and external customers, while relying on shared services for support.
  • Corporate is free to focus on strategy, while relying on shared services for statutory compliance, controls and information.
  • Decision support. Data analyzedand delivered as reliable and actionable information.
  • Flexibility. Shared services can be sourced through multiple delivery channels and/or geographic locations.
  • Scalability. The shared services model can be scaled for both acquisition/geographic and service scope expansion.

 With BBRS, you have a team who knows your business.

Our Mission

To provide high-quality, best-in-class professional administrative services in a responsive and cost-effective manner, supporting Bristol Bay Native Corporation and its subsidiaries in joint efforts to exceed customer expectations, gain competitive advantage, maximize profitability and promote shareholder hire.

Our Goals

  • Efficiency
  • To exceed customers’ expectations

  • Shareholder hire

  • Partnership with clients

  • Development of integrated practices throughout the BBNC family of companies

  • Foster a culture of learning

  • Promote staff professional growth

  • Involvement in the community


World of Diversity, Culture of Respect

Meet the Team

Krista Rychetnik

Resource Library

Resource Library

What are Shared Services?

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BBNC Ethical Advocate