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menu account_circle NewsletterLogin / Registersearch search SearchNewsletterShared ServicesP2PO2CR2RT&ETaxarrow_drop_downRead arrow_drop_downWatch 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 arrow_circle_up Links News Blogs Hubs Webinars Events Presentations Interviews Reports and White Papers About Us Join About Us How We Work Become a Sponsor About Our Sponsors Authors Contact Us Privacy Policy Cookies Subscribe © 2023 sharedserviceslink. 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