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R2R R2R UNLEASHED: THE PATH TO THE TOUCHLESS CLOSE CHAPTER 3

This taut and pithy 3-part series looks at how SAP organizations are moving to a
touchless close. In Chapter 3, Susie West interviews Shak Akhtar, General
Manager of Finance Automation at Redwood.


TRAINING 25 MIN VIDEO TRAINING: WHAT IS SHARED SERVICES?

Unlock the mystery of shared services with our 25-minute video guide. Dive into
its origin, the pre-shared services era, and the pivotal Eureka moment. Uncover
the 5 pillars of shared services and its unique "secret sauce". Trace the
typical journey, see real-world stats, and refine your grasp.


NEWS


RAPHAEL BRES RETURNS TO TRADESHIFT AS CHIEF PRODUCT & TECHNOLOGY OFFICER

Raphael’s return to the CPTO role follows a two-year stint at sales commission
software Spiff.


SOLVAY STRENGTHENS ITS CUSTOMER RELATIONSHIPS AND REDUCES ITS CARBON FOOTPRINT
WITH ESKER

Solvay, a leading multinational chemical company, has selected Esker Order
Management to automate customer orders from its 10 global business units (GBUs).


FIRST INVOICE SENT AND RECEIVED OVER THE US DIGITAL BUSINESS NETWORKS ALLIANCE
OPEN EXCHANGE NETWORK

The Digital Business Networks Alliance's goal is to support the delivery of
electronic business documents between service providers and businesses.


TAX AVALARA ANNOUNCES EXPANSION OF DURHAM OFFICE

Tax software company, Avalara has announced it is adding 100 new job positions
at its office in Durham, North Carolina.


PAGERO & MICROSOFT LAUNCH E-INVOICING CAPABILITIES IN THE UNITED STATES

Pagero and Microsoft Corp announce their capability to exchange electronic
invoices via DBNA (Digital Business Networks Alliance), an e-invoicing framework
for the US market.




WEBINARS

May 15, 2024


P2P THE PRESENT STATE OF E-INVOICING COMPLIANCE

This webinar is designed to help you as we cover the basic definitions around
CTC, clearance and compliance. We will look at global trends as well as recent
changes impacting 4 countries: Romania, Poland, Malaysia and France.

May 22, 2024


R2R INTERCOMPANY THE AI IMPACT ON RECORD TO REPORT

Record-to-Report is a financial process truly ripe for enhancing with AI. But
when it comes to implementing AI in the finance organization, where do
businesses start, and how can you make sure your approach is smart for your
finance organization? Register for this webinar to find out!

Jun 5, 2024


P2P LESS CONFLICT, MORE COLLABORATION: HOW TO SOLVE SUPPLIER INQUIRIES, DISPUTES
& UNNECESSARY REPAYMENTS

Step into a world where invoice chaos, supplier disputes, and financial drains
are a thing of the past.





BLOGS


O2C 7 REASONS AR AUTOMATION MUST BE TOP OF THE AGENDA FOR CONTROLLERS

Controller are expected to be proactive value adders-driving automation and
leading the way in governance, risk and future strategy. Since AR is key to the
financial health of a company, it makes sense for a Controller to focus on
helping improve their processes. Yet this is not always the case...


P2P MASTERING SUPPLIER ONBOARDING AT GSK

Read this dynamic guide - E-Invoicing: Mastering Supplier Onboarding - for GSK's
7 top tips and lessons learned from their supplier onboarding journey, and
strategies for how to get procurement engaged.


P2P DEUTSCHE BAHN INVOICING: TRANSPARENT, DIGITAL AND FULLY INTEGRATED

Each year, the AP team at Deutsche Bahn was manually processing approx. 12M
invoices from around 100K suppliers. With a lack of visibility, disjointed
processes and up to 30% of invoices with no PO reference, the AP department was
in constant “fire-fighter” mode.


TRAINING 25 MIN VIDEO TRAINING: WHAT IS SHARED SERVICES?

Unlock the mystery of shared services with our 25-minute video guide. Dive into
its origin, the pre-shared services era, and the pivotal Eureka moment. Uncover
the 5 pillars of shared services and its unique "secret sauce". Trace the
typical journey, see real-world stats, and refine your grasp.


SHARED SERVICES LEAD OR BE LEFT BEHIND: HOW TO DIGITIZE YOUR FINANCE DEPARTMENT

While digitization has been a priority for finance leaders in recent years,
there is still a significant amount of untapped potential. Read this fantastic
guide and discover how forward thinking can ensure successful digital
transformation.




ARTICLES


O2C 15 TIPS: WHAT TO LOOK FOR IN YOUR CREDIT MANAGEMENT SYSTEM

Given the volatility in today’s economic climate, Accounts Receivable teams will
want to move away from manual credit management to a highly automated, machine
learning-based platform to provide visibility, trustworthy profiles and scoring,
and smart approval workflows. Now is the time to reduce exp


O2C 3 REASONS ORDER-TO-CASH IS STUCK IN THE DARK AGES

Here are 3 findings regarding what is keeping Order-to-Cash stuck, and how to
find freedom and digital advancement.


O2C SMART COLLECTIONS: THE UBER WAY

When managing business processes, most agree the ideal combination is Artificial
Intelligence plus Human Intelligence.  The Collections Process is a perfect
example. This article lists 5 ways Autonomous Software is helping transport and
logistics giant Uber achieve a whopping transformation in its accounts
receivables.


P2P

Jun 5, 2024


P2P LESS CONFLICT, MORE COLLABORATION: HOW TO SOLVE SUPPLIER INQUIRIES, DISPUTES
& UNNECESSARY REPAYMENTS

Step into a world where invoice chaos, supplier disputes, and financial drains
are a thing of the past.

May 15, 2024


P2P THE PRESENT STATE OF E-INVOICING COMPLIANCE

This webinar is designed to help you as we cover the basic definitions around
CTC, clearance and compliance. We will look at global trends as well as recent
changes impacting 4 countries: Romania, Poland, Malaysia and France.


P2P VENDOR REDUCTION INSIGHTS

Vendor reduction is a critical imperative for organizations to improve
operational efficiency, reduce costs, and enhance strategic initiatives. By
right-sizing the vendor base and implementing a tail spend management solution,
you can simplify processes, increase compliance, & improve performance


P2P TAX DEMYSTIFYING PEPPOL: WHAT YOU NEED TO KNOW ABOUT E-INVOICING STANDARDS,
COMPLIANCE, AND FUTURE TRENDS

Discover the pivotal role of Peppol in e-invoicing with our comprehensive
report. Learn how Peppol fosters global interoperability, simplifies compliance,
and navigates evolving standards. Explore its expansion beyond Europe, adoption
in Asia-Pacific, and upcoming developments like PINT. Stay ahead

Apr 24, 2024


P2P 4 ALIGNED PRIORITIES OF THE CFO & CPO

Huge benefits await any company ready to proactively and intelligently bring
Finance and Procurement together into a cohesive, strengthened partnership. Join
me for the Aligned Priorities of the CFO & CPO WEBINAR.




R2R

May 22, 2024


R2R INTERCOMPANY THE AI IMPACT ON RECORD TO REPORT

Record-to-Report is a financial process truly ripe for enhancing with AI. But
when it comes to implementing AI in the finance organization, where do
businesses start, and how can you make sure your approach is smart for your
finance organization? Register for this webinar to find out!

May 8, 2024


R2R TRANSFORMING RECORD-TO-REPORT: ENERGY TRANSFER'S AUTOMATION SUCCESS STORY

Learn how Energy Transfer, one of the top 50 largest corporations in the United
States, automated Task Management, Balance Sheet Certification and Manual
Journal Entry with Redwood and dramatically improved efficiency, visibility, and
scalability.


R2R R2R UNLEASHED: THE PATH TO THE TOUCHLESS CLOSE CHAPTER 3

This taut and pithy 3-part series looks at how SAP organizations are moving to a
touchless close. In Chapter 3, Susie West interviews Shak Akhtar, General
Manager of Finance Automation at Redwood.


R2R R2R UNLEASHED: THE PATH TO THE TOUCHLESS CLOSE CHAPTER 2

This taut and pithy 3-part series looks at how SAP organizations are moving to a
touchless close. In Chapter 2, Susie West interviews Shak Akhtar, General
Manager of Finance Automation at Redwood Software, on Mastering R2R Automation.

Mar 21, 2024


R2R JABIL: 4 AUTOMATION GAME-CHANGERS FOR R2R

Billion dollar electronics company Jabil, has an ace up its sleeve when it comes
to transformation. A dedicated Finance Digital Transformation Team responsible
for all finance systems. In this webinar we'll discover their journey from
time-consuming manual work to a highly automated streamlined R2R.




O2C

Mar 7, 2024


O2C GBS EVOLUTION: NAVIGATING DIGITAL TRANSFORMATION IN INVOICE-TO-CASH

Explore the role of Global Business Services in Invoice-to-Cash digital
transformation. Uncover trends, strategies, and practical insights to navigate
the complexities of this evolution. In this Masterclass, industry experts will
share best practices, case studies, and actionable techniques.

Jan 25, 2024


O2C O2C MASTERCLASS: 20+ PROVEN GEN AI & ML USE CASES THAT DRIVE BUSINESS GROWTH

Did you know that today AI can predict the payment date of your most delinquent
customer, warn you about your “about-to-be-bankrupt” customers, tell you which
dispute is a lie? In this masterclass, Yash Divakar will introduce you to 20+
proven ML & Gen AI real-life use cases in O2C.


O2C 7 REASONS AR AUTOMATION MUST BE TOP OF THE AGENDA FOR CONTROLLERS

Controller are expected to be proactive value adders-driving automation and
leading the way in governance, risk and future strategy. Since AR is key to the
financial health of a company, it makes sense for a Controller to focus on
helping improve their processes. Yet this is not always the case...

Nov 29, 2023


O2C BEST-IN-CLASS COLLECTIONS: METRICS, STRATEGIES AND BEST PRACTICES

In the current economic climate, minimizing your aging receivables is mission
critical. Optimizing working capital is the goal and having cash tied up in your
receivables process is damaging to your bottom line. Join by Bryan DeGraw of The
Hackett Group for this exciting webinar.

Oct 4, 2023


O2C FUTURE OF FINANCE EVOLUTION FOR GLOBAL BUSINESS SERVICES

Join our webinar to gain expert insights on optimizing accounts receivable &
order-to-cash processes within GBS & shared services. Discover emerging trends,
best practices & practical solutions for staying competitive in the dynamic
financial landscape.




TAX


TAX AVALARA ANNOUNCES EXPANSION OF DURHAM OFFICE

Tax software company, Avalara has announced it is adding 100 new job positions
at its office in Durham, North Carolina.


P2P TAX DEMYSTIFYING PEPPOL: WHAT YOU NEED TO KNOW ABOUT E-INVOICING STANDARDS,
COMPLIANCE, AND FUTURE TRENDS

Discover the pivotal role of Peppol in e-invoicing with our comprehensive
report. Learn how Peppol fosters global interoperability, simplifies compliance,
and navigates evolving standards. Explore its expansion beyond Europe, adoption
in Asia-Pacific, and upcoming developments like PINT. Stay ahead

Apr 17, 2024


TAX DECODING VIDA: GLOBAL IMPACTS FOR MULTINATIONAL ORGANIZATIONS

This webinar aims to dispel common misconceptions about ViDA, VAT in the Digital
Age shedding light on its impacts for global organizations, and detail how it
will revolutionize data handling and digital transactions worldwide.

Apr 25, 2024


TAX EXTENDING THE VALUE OF SAP FOR STREAMLINED INDIRECT TAX FUNCTIONALITY

The complexity, and therefore the risk, associated with VAT has increased for
European businesses. As companies expand and grow, VAT complexity increases.
Join us for a Virtual Masterclass as we explore the realities of indirect tax.


TAX REPORT SIGNALS INCREASED US SALES TAX AUDITS AND GLOBAL E-INVOICING GROWTH
IN 2024

The report covers tax changes across the U.S. and internationally, as well as
specific changes in key industries




PRESENTATIONS


R2R FINANCE AUTOMATION OF RECORD-TO-REPORT: WHAT ARE THE ALTERNATIVES FOR GBS
AND SSCS?

The financial close is repetitive and complex. It often spans multiple
geographies and departments, requires many levels of approvals and controls, and
can include as many as six to seven hundred processes with hundreds of
sub-processes embedded in each. Discover how period end Close can be a
non-event.


P2P PUSH THE DPO ENVELOPE : LEVERAGE AI TO OPTIMISE PAYMENT TERMS AND WORKING
CAPITAL

apexanalytix’s research has shown that 25.73% vendor invoice terms are better
for the supplier than the original negotiated terms. This session will dive into
how payment terms get changed and financial impact to working capital. And, more
importantly, how every supplier can be assessed against previously negotiated
terms and opportunities for extensions, baseline date changes, or payment
schedule changes.


SHARED SERVICES LESS ABOUT REDUCING FTES, MORE ABOUT CAPACITY CREATION

In 2017, Theresa Wilson-Szokalo joined National Grid’s shared services as a
business transformation lead. Theresa, driven by the mandate of ‘unlocking
value’ and supported by Accenture, set up an engineering capability within the
shared services function to give National Grid’s front-line teams – the
engineers – access to market leading engineering support capability. The impact
of National Grid’s new support capability is game-changing for BPO in the
utilities sector.


O2C AI STRATEGICALLY AND EFFECTIVELY EMPLOY AI AND MACHINE LEARNING

Hear from Andrew Atkinson from Vp plc on how they effectively and strategically
implemented AI to automate their Accounts Receivable, freeing up resources to
focus on key initiatives and enable enterprise growth.


SHARED SERVICES TALENT BECOMING A TALENT INCUBATOR

Joost van Daelen, Director GBS Service Excellence and Maayke van Houdt, HR
Director at AkzoNobel, have a focus to mature the GBS organisation after the
transition of activities into the GBS Centers. The challenge for GBS at
AkzoNobel is to up the level from transitioned services to delivering increased
value. Maayke and Joost recognise that a successful GBS requires a wealth of
talent with a wide cross section of skills to drive its success.


SHARED SERVICES HOW TO SURVIVE… AND FLOURISH

In this year’s opening presentation, Susie West will delve into the pressure
points for Shared Services and show that it is not only possible to survive, but
to flourish.


SPONSORS


AVALARA

Avalara helps businesses of all sizes get tax compliance right. In partnership
with leading ERP, accounting, ecommerce, and other financial management system
providers, Avalara delivers cloud-based compliance solutions for various
transaction taxes, including sales and use, VAT, GST, excise, communications,
lodging, and other indirect tax types. Headquartered in Seattle, Avalara has
offices across the U.S. and around the world in Brazil, Europe, and India. More
information at avalara.com.

arrow_forwardLearn more


BASWARE

Basware is how finance leaders in global enterprises can finally automate their
complex, labor-intensive invoice processes and stay compliant with regulatory
change. Our AP automation and invoicing platform helps you achieve a new level
of efficiency – in a matter of months – while reducing errors and risks. We
bring a unique combination of true automation, complete coverage, and deeper
expertise to make it all just happen for our customers. That’s why the world’s
most efficient AP departments at 700+ global customers rely on Basware to handle
over 170 million invoices per year. Basware. Now it all just happens.™

arrow_forwardLearn more


CANDEX

Think about how difficult it is to engage, track and pay a service vendor. In
many organizations, it is a multi-month mission involving many departments. It
results in an unpleasant administrative experience across all companies trying
to pay each other. Candex's technology removes thousands of vendor records from
financial systems while delivering control, speed, tax compliance, and
visibility. Great design and attention to detail makes Candex the simplest and
most precise way to get tail spend under control.

arrow_forwardLearn more

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