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menu account_circle NewsletterLogin / Registersearch search SearchNewsletterShared ServicesP2PO2CR2RT&ETaxRead arrow_drop_downWatch arrow_drop_down Jan 17, 2024 SHARED SERVICES SHARED SERVICES NEED A NEW APPROACH TO COMPLEXITY Explore the evolution of shared services in the digital age. Dive into tech-driven adaptations, data visibility, and strategies for long-term value. 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 VERTEX ANNOUNCES STRATEGIC PARTNERSHIP WITH PAGERO Vertex and Pagero partnership will enable a unified global solution for e-invoicing and indirect tax compliance. SURVEY FINDS MAJORITY OF US AND UK CFOS FACE SIGNIFICANT TALENT SHORTAGE AND BURNOUT OF EXISTING STAFF Finance leaders must balance their company's business dynamics while navigating unpredictable waters, given the pressures of high inflation, growing talent gaps, and concerns over an impending recession TIPALTI EXPANDS OFFERING TO EUROPEAN BUSINESSES WITH THE LAUNCH OF A DEDICATED EUROPEAN PRODUCT AND NEW EMI LICENCE Tipalti, a finance automation platform, announced this week the launch of a fully localised solution for the European market, along with a recently granted Electronic Money Institution (EMI) licence from De Nederlandsche Bank (DNB). SHARED SERVICES DELOITTE'S 2023 GLOBAL SHARED SERVICES SURVEY REVEALS TRANSFORMATIVE TRENDS IN SERVICE DELIVERY MODELS The study identified six key themes that are shaping the future of GBS organizations: BASWARE OFFERS £17.8M FOR GLANTUS Finnish software firm Basware has made an offer to acquire Irish fintech company Glantus. Based on a filing with the London Stock Exchange, the deal is said to be worth around £17.8 million with an implied value of £29.5 million for Glantus. The offer has been recommended by the Glantus board. WEBINARS Dec 6, 2023 INTERCOMPANY CONFESSIONS OF AN INTERCOMPANY PROCESS OWNER (HOW TO TAME INTERCOMPANY CHAOS) Whether we like it or not, intercompany accounting is part of our lives. Yet for many of us our processes are just not working. Register for the Confessions of an Intercompany Process Owner (How to Tame Intercompany Chaos) Webinar for a lively discussion about intercompany IN REAL LIFE! Dec 12, 2023 P2P TAX EVERYTHING YOU NEED TO KNOW ABOUT PEPPOL If you are investing in e-invoicing or expanding your e-invoicing program, there are some important things to know about Peppol, an international e-invoicing standard with growing global importance. Jan 17, 2024 SHARED SERVICES SHARED SERVICES NEED A NEW APPROACH TO COMPLEXITY Explore the evolution of shared services in the digital age. Dive into tech-driven adaptations, data visibility, and strategies for long-term value. 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 Dec 12, 2023 P2P TAX EVERYTHING YOU NEED TO KNOW ABOUT PEPPOL If you are investing in e-invoicing or expanding your e-invoicing program, there are some important things to know about Peppol, an international e-invoicing standard with growing global importance. 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. TAX P2P THE IMPACT OF E-INVOICING AND REAL-TIME TAX REPORTING Discover the Evolution of E-Invoicing: From Latin America to Europe, the Mandatory Shift is Here! Explore the Game-Changing 2024 Mandates in Poland, Spain, Belgium, and Beyond. Ensure Compliance Across Borders and Learn Top 4 Strategies for Success. 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. Nov 8, 2023 P2P P2P: WHAT "GOOD" LOOKS LIKE (AND WHY IT MATTERS) Unlock the potential of P2P operations! Join our webinar to explore key areas hindering progress, measure success with KPIs, and embrace technology for streamlined efficiency. Register now! R2R Mar 8, 2023 AUTOMATION R2R NEXT STOP, 15%: GLOBAL MINIMUM TAXES AND THE INTERCOMPANY IMPACT Global minimum tax has made headlines the last few years. But what do all these new rulings really mean to organizations, and how can companies best prepare for the changes? Join us as we discuss the recent rulings in depth, what led to them and the potential impact to processes like Intercompany. Dec 6, 2022 R2R 6 WINNING WAYS TO AUTOMATE ACCRUALS IN YOUR ERP If you are struggling with advanced accruals and bank statement GL matching, register today for this process-critical webinar. INTERCOMPANY R2R BLACKLINE UNVEILS INDUSTRY'S FIRST 'TAX HYPERAUTOMATION' CAPABILITIES FOR INTERCOMPANY Designed to reduce the financial compliance, tax and other risks associated with today’s complex and globally connected business environment, BlackLine’s new tax hyperautomation capabilities offer a range of functionality to help multinational organizations understand and automate intercompany tax w Jul 5, 2022 INTERCOMPANY R2R RETHINKING INTERCOMPANY FOR SUPERIOR SHARED SERVICES DELIVERY Join this webinar to learn from some of the most experienced intercompany professionals in the business, where they will explore intercompany as a catalyst for service efficiency and growth Jun 15, 2022 R2R 4 WAYS HYATT REVOLUTIONIZED R2R As demands on R2R teams increase, finance professionals face a choice: work harder or work smarter. It’s time to join the world of modern accounting. Like many finance professionals, Travis Curl, GL Manager at Hyatt, and his team were feeling that pressure. On June 15th, Travis will join me to share how they transformed their financial close process in the 4 Ways Hyatt Revolutionized R2R Webinar. 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. O2C CASH APP TOOL = PRODUCTIVITY GAME CHANGER FOR THE CHEFS' WAREHOUSE A cost rationalization exercise in the treasury department at The Chefs' Warehouse highlighted banking fees as a major business financial burden. VP of Finance, Nelson Lopes, realized this was a perfect opportunity to shake up their Receivables process. Read the Case Study Now. O2C 5 REASONS WHY AUTOMATION IS ALWAYS A GOOD INVESTMENT It’s natural to want to batten down the hatches and cut non-essential spending in times like these. Read this guide to discover 5 key reasons why it makes sense to invest in process technology despite inflation volatility. TAX Dec 12, 2023 P2P TAX EVERYTHING YOU NEED TO KNOW ABOUT PEPPOL If you are investing in e-invoicing or expanding your e-invoicing program, there are some important things to know about Peppol, an international e-invoicing standard with growing global importance. TAX P2P THE IMPACT OF E-INVOICING AND REAL-TIME TAX REPORTING Discover the Evolution of E-Invoicing: From Latin America to Europe, the Mandatory Shift is Here! Explore the Game-Changing 2024 Mandates in Poland, Spain, Belgium, and Beyond. Ensure Compliance Across Borders and Learn Top 4 Strategies for Success. TAX SHARED SERVICES E-INVOICING AND REAL-TIME TAX REPORTING: CORE BUSINESS REQUIREMENTS YOU CAN'T IGNORE Discover the game-changing world of E-Invoicing and Real-Time Tax Reporting. Unleash your business's true potential and thrive in a rapidly evolving compliance landscape. Download now and shape the future! TAX AVALARA UNVEILS E-INVOICING AND LIVE REPORTING API FOR MULTINATIONAL BUSINESSES With Avalara E-Invoicing and Live Reporting, businesses can easily set up global e-invoicing capabilities in their existing systems, Jul 11, 2023 TAX P2P THE IMPACT OF E-INVOICING AND REAL-TIME TAX REPORTING E-Invoicing and real-time reporting requirements are becoming core-business requirements and are strategic decisions that directly impact your ability to move into new markets and your bottom line 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. Learn more arrow_forward 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.™ Learn more arrow_forward ENATE As businesses worldwide face talent shortages, a recession and hybrid challenges, there’s a real need to consolidate work processes and optimise for success. Enate’s end-to-end operations platform allows you to view and manage workflows in one centralised place, get the right task to the right resource on time and scale your automation journey. 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