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menu account_circle NewsletterLogin / Registersearch search SearchNewsletterShared ServicesP2PO2CR2RT&ETaxRead arrow_drop_downWatch arrow_drop_down 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. Sep 20, 2023 CREDIT MANAGEMENT: KEY GOALS, PERFORMANCE AND BEST PRACTICES Join our free webinar on Sept 20th with Bryan DeGraw, explore effective credit management strategies, lower bankruptcy risk, and reduce Average Days Delinquent by 8.4 days. Register now. NEWS HSBC ANNOUNCES PLANS FOR NEW JOINT VENTURE WITH TRADESHIFT HSBC and B2B fintech Tradeshift have an agreement to launch a new, jointly-owned business focused on the development of embedded finance solutions and financial services apps. ACCEL-KKR AND BASWARE IN TALKS TO ACQUIRE GLANTUS Glantus Holdings' shares experienced an upswing on July 5, 2023, as the company officially confirmed engaging in discussions about a potential takeover. P2P REPORT: THE TOP 3 ISSUES HOLDING AP BACK – AND WHAT TO DO ABOUT THEM This e-book explains how investing in a robust AP process is crucial for scalability, preparation for further growth, and cost reductions SHARED SERVICES REPORT: HOW SHARED SERVICES ARE COPING WITH GROWING WORKLOADS AND COMPLEXITY The report explores the key ways in which work has changed for finance and shared services professionals in the last three years. SHARED SERVICES P2P NEW REPORT REVEALS KEY CHALLENGES AND SOLUTIONS FOR SHARED SERVICES The report shares comprehensive knowledge on how to address the seven main challenges, including breaking free from transactional constraints, navigating financial compliance complexities, optimizing costs amidst inflationary pressures, and harnessing the power of digital transformation. WEBINARS Sep 20, 2023 CREDIT MANAGEMENT: KEY GOALS, PERFORMANCE AND BEST PRACTICES Join our free webinar on Sept 20th with Bryan DeGraw, explore effective credit management strategies, lower bankruptcy risk, and reduce Average Days Delinquent by 8.4 days. Register now. Oct 4, 2023 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. 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! BLOGS 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. 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. SHARED SERVICES OPTIMIZING PAYMENT PROCESS: 5 KEY ELEMENTS TO TACKLE CFOs need to be very clear about what payment optimization means in practice and what implementing a new payment process will mean for their organization. The focus should be squarely on consolidating and optimizing cash flow. Read this E-Book to find out the 5 key elements to tackle. O2C 90% AUTO-ALLOCATION OF CASH TRANSACTIONS AT MEDTRONIC In 2019, $30 BN medical devices giant Medtronic embarked on a global finance optimization program. The aim? To have a best-in-class finance team. For Accounts Receivable this meant a complete transformation of its cash application process across 250 entities in four regions. P2P E-INVOICING 80% TOUCHLESS INVOICING IN 2 YEARS AT UPFIELD Upfield spun off from Unilever in 2018. At that time, 100% of AP invoices were paper-based. 24 months later, a staggering 75% of Upfield’s 8,000 suppliers were invoicing the company electronically. Read the 80% Touchless Invoicing in 2 Years at Upfield CASE STUDY. 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 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! 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! P2P REPORT: THE TOP 3 ISSUES HOLDING AP BACK – AND WHAT TO DO ABOUT THEM This e-book explains how investing in a robust AP process is crucial for scalability, preparation for further growth, and cost reductions SHARED SERVICES P2P NEW REPORT REVEALS KEY CHALLENGES AND SOLUTIONS FOR SHARED SERVICES The report shares comprehensive knowledge on how to address the seven main challenges, including breaking free from transactional constraints, navigating financial compliance complexities, optimizing costs amidst inflationary pressures, and harnessing the power of digital transformation. Sep 27, 2023 P2P STATEMENT MATCHING: AP AUTOMATION AT ELI LILLY Join our webinar where Diane Coey, GPO P2P, at Eli Lilly shares key learnings from being in the top team of an established GBS, the enabling technologies that have helped them thrive and the tangible benefits they have seen from a pro-active approach to supplier statement reconciliation. 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 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. Jul 19, 2023 O2C 10 BEHAVIOURS THAT SEPARATE C2C PROCESS TOP PERFORMERS FROM WORST PERFORMERS Looking at key performance metrics across the C2C process you will often be surprised by the huge gap that exists between a Median Performer and a Top Performer. Register for this webinar to hear Bryan DeGraw, from The Hackett Group share KPIs that separate the worst and top performers. O2C 90% AUTO-ALLOCATION OF CASH TRANSACTIONS AT MEDTRONIC In 2019, $30 BN medical devices giant Medtronic embarked on a global finance optimization program. The aim? To have a best-in-class finance team. For Accounts Receivable this meant a complete transformation of its cash application process across 250 entities in four regions. Jun 21, 2023 O2C EVERY C2C PROCESS SCORECARD SHOULD INCLUDE THESE 36 KEY METRICS During this webinar, Bryan DeGraw, Associate Principal and Global C2C Advisory Program Leader at The Hackett Group, will introduce the balanced scorecard approach to scorecard design. Jun 6, 2023 O2C CASH APPLICATION & AR INTELLIGENCE: 5 REASONS WHY IT’S A NO-BRAINER If you are looking to take manual work out of AR and deliver more actionable intelligence, watch this on-demand webinar. TAX 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 TAX AVALARA BECOMES PEPPOL-CERTIFIED PROVIDER Cloud-based tax compliance automation solutions provider Avalara has become a Peppol-certified provider in the EU, Australia, Japan and New Zealand, extending the scope of it e-invoicing services. TAX AVALARA RECOGNIZED FOR SOFTWARE SOLUTIONS DESIGNED TO AUTOMATE AND SIMPLIFY TAX COMPLIANCE COMPLEXITY Avalara, Inc., a provider of cloud-based tax compliance automation for businesses of all sizes, today announced its products have been recognized by G2’s 2023 Best Software Awards in the Best Accounting and Finance Products category. 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. Learn more arrow_forward 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 © 2022 sharedserviceslink. All rights reserved. Powered by Agency Coda WE VALUE YOUR PRIVACY We use cookies to enhance your browsing experience and analyze our traffic. 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