SlideShare a Scribd company logo
1 of 25
Becoming a Digital Business
How to succeed!
February 5, 2019
Becoming a digital business
- How to succeed!
1 Introductions
Becoming a digital business
Ambitions vs outcomes
2
3
The importance of the back office4
Closing thoughts5
Rowan Lemley (host)
Introductions
Andreas Korczak
Chief Operations and
Marketing Officer,
Microsoft Finland
Internal
OpusCapita
Digitalizing global trade,
one customer at a time.
• Founded in 1984
• Turnover 65M€ (2017)
• ~400 employees
• 11 sites in 7 countries
• ~3000 customers
eProcurement used
across 100 countries
Invoice Automation
across Nordics
16 million e-invoices sent
and received annually
10.11.2017 OpusCapita5
OpusCapita – what we do
• Source-to-Pay
• Cash Management
• Business Network
• Product Information Mgnt
• Accounts Receivable
Automation
A broad and
differentiating portfolio
Get networked! Digitalization
starts here. Transactional
efficiencies and clean data will
set you up for success.
Connect
Command & control!
Centralize and standardize
your processes ensuring
internal and external alignment
with maximum control in place.
Align
Work smarter, not harder!
With digital connectivity and a
streamlined process in place,
intelligent automation can
delivery next level opportunities.
Automate
1
2
3Unlock the value of
digitalization! With a highly agile
process, you are ready to support
growth. With fully digitalized
processes, analytics and insights
can drive performance.
Optimize
4
What are the value drivers of digital transformation
GLOBAL
PAYMENTS
PAYABLES
AUTOMATION
SOURCING &
SUPPLIER
ENGAGEMENT
RECEIVABLES
AUTOMATIO
N
OPERATIONAL
PROCUREMENT
CASH
MANAGEMENT
Comprehensive
supplier information
management and
agile sourcing for
goods and services.
Improve your cash
inflows and reduce
the time spent
matching
payments to
invoices.
Create a centralized
product catalog with
a modern guided
buying experience
with full mobility.
Consolidate and
optimize your in-
house bank and
liquidity
management
functions.
Enable control and
compliance over AP
while dramatically
lowering
transactional costs.
Connect directly to
over 200 banks,
SWIFT certified for
global payment
coverage.
OpusCapita is a platform
that combines source-to-pay &
cash management, enabling full
source-to-cash process
optimization.
Optimizing the full
source-to-cash process
enables growth and drives
performance
Putting the value
drivers to work!
Andreas Korczak
Chief Operations and Marketing Officer, Microsoft Finland
• Leading strategy and digital transformation work
• Shaping how to set and execute a complex change
agenda successfully
• Evangelizes how new technologies find their paths to
customer solutions in the market
• How mobility and data intelligence enhance our daily work
and life.
• Developing high performing, diverse teams with growth
mindset, capable to solve the challenges of tomorrow.
Optimize
operations
Transform
products
Engage
customers
Empower
employees
Optimize
operations
Transform
products
Engage
customers
Data
Capture digital signal across business
2
Intelligence
Connect and synthesize data
Action
Improve business outcomes
ENABLING DIGITAL TRANS FO RMATIO N
Empower
employees
Data
Data +
intelligence
Data +
intelligence
Optimize
operations
Transform
products
Engage
customers
Empower
employees
Data
Capture digital signal across business
2
Intelligence
Connect and synthesize data
Action
Improve business outcomes
ENABLING DIGITAL TRANS FO RMATIO N
The path to becoming a digital business involves
both operating model changes and business
model changes
Digital optimization: The process of
using digital technology to improve
existing operating processes and/or
business models.
- Gartner
Digital transformation: The process of
exploiting the latest digital technologies
and practices to create a new
sustainable digital business model.
- Gartner
Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin Moyer, 18 June 2018.
Optimization
vs
Transformation
Question:
- How do you view the
difference between
optimization and
transformation?
*Figure 4 from “Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin
Moyer, 18 June 2018.”
Who is more
likely to succeed
Question:
- Why are so few
organizations
succeeding in their
ambitions and does it
have anything to do
with their goals?
*Figure 6 from “Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin
Moyer, 18 June 2018.”
The Gap between
ambition and
performance
Question:
- Do you think
CFOs/CPOs, etc are
worried about the lack
of progress?
*Figure 7 from “Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox,
Kristin Moyer, 18 June 2018.”
How will Digitalization impact your business?
Source: Digital Transformation in Finland, Microsoft & PwC Oct 2017
70% : 70%
Finnish companies expect highest impact across Nordic
Source: Digital Transformation in the Nordics, Microsoft, PwC and Qvarty 2017
Public sector rank operations #1 for digitalization
Source: Digital Transformation in Finland, 2018
Case example: How to build a digital service offering
Kuntien palveluiden digitalisointiin tarvitaan uusia keinoja
(New means are required to support the digitalization of municipalities)
Source: KuntaPro.fi
Digital journey for back-office function is just starting …
Source: Uncovering AI in Finland, Microsoft-PwC study 2018
Three development areas to focus on
Source: Uncovering AI in Finland, Microsoft-PwC study 2018
80%
Reliability of
data
55%
Immature
technology
55%
Lack
of
skills
Closing remarks
• Continue to think big and balance Core vs. New
• Build a consistent data strategy with E2E processes in
mind
• Include back-office functions as core part of your digital
journey
• Develop skill and capabitilies in your organization and
find partnerships to scale
SELL
MORE
BUY
EASIER
PAY
SMARTER
Business
network
GROWTH
OpusCapita
30+ years experience
3000+ Customers
A pioneer of new technology
A thought leader
A partner

More Related Content

What's hot

Vejen til digital transformation
Vejen til digital transformationVejen til digital transformation
Vejen til digital transformationMicrosoft
 
Understanding Digital Transformation
Understanding Digital TransformationUnderstanding Digital Transformation
Understanding Digital TransformationFingent Corporation
 
Overview on Digital Analytics
Overview on Digital AnalyticsOverview on Digital Analytics
Overview on Digital AnalyticsFondazione CUOA
 
Eraltech biability
Eraltech  biabilityEraltech  biability
Eraltech biabilityCarlos Ojeda
 
Disrupting Corporates with AI by Hicham Mhanna
Disrupting Corporates with AI by Hicham MhannaDisrupting Corporates with AI by Hicham Mhanna
Disrupting Corporates with AI by Hicham MhannaData Con LA
 
Thoughts on digitalization
Thoughts on digitalizationThoughts on digitalization
Thoughts on digitalizationMarko Luhtala
 
Digital Transformation
Digital TransformationDigital Transformation
Digital TransformationReema
 
Digital change - where do you start?
Digital change - where do you start?Digital change - where do you start?
Digital change - where do you start?bubana3
 
Digital transformation: Envision the future
Digital transformation: Envision the futureDigital transformation: Envision the future
Digital transformation: Envision the futureMicrosoft
 
Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...
Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...
Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...Martyn Christian
 
ConIT's Service Stack and Toolchain
ConIT's Service Stack and ToolchainConIT's Service Stack and Toolchain
ConIT's Service Stack and ToolchainCode Runners
 
Digital transformation consulting digital consultants serbia belgrade
Digital transformation consulting digital consultants serbia belgradeDigital transformation consulting digital consultants serbia belgrade
Digital transformation consulting digital consultants serbia belgradeMiodrag Kostic, CMC
 
UNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM Vendors
UNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM VendorsUNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM Vendors
UNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM VendorsMartyn Christian
 
Data analyst training in mumbai and Pune
Data analyst training in mumbai and PuneData analyst training in mumbai and Pune
Data analyst training in mumbai and Punedata-analytics
 

What's hot (17)

Vejen til digital transformation
Vejen til digital transformationVejen til digital transformation
Vejen til digital transformation
 
Understanding Digital Transformation
Understanding Digital TransformationUnderstanding Digital Transformation
Understanding Digital Transformation
 
The Digital Economy
The Digital EconomyThe Digital Economy
The Digital Economy
 
Overview on Digital Analytics
Overview on Digital AnalyticsOverview on Digital Analytics
Overview on Digital Analytics
 
Eraltech biability
Eraltech  biabilityEraltech  biability
Eraltech biability
 
Eraltech & biability
Eraltech &  biabilityEraltech &  biability
Eraltech & biability
 
Disrupting Corporates with AI by Hicham Mhanna
Disrupting Corporates with AI by Hicham MhannaDisrupting Corporates with AI by Hicham Mhanna
Disrupting Corporates with AI by Hicham Mhanna
 
Thoughts on digitalization
Thoughts on digitalizationThoughts on digitalization
Thoughts on digitalization
 
Digital Transformation
Digital TransformationDigital Transformation
Digital Transformation
 
Digital change - where do you start?
Digital change - where do you start?Digital change - where do you start?
Digital change - where do you start?
 
Digital transformation: Envision the future
Digital transformation: Envision the futureDigital transformation: Envision the future
Digital transformation: Envision the future
 
Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...
Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...
Growth Strategy - Ideas, Options - Digital Transformation, ECM, BPM, Document...
 
ConIT's Service Stack and Toolchain
ConIT's Service Stack and ToolchainConIT's Service Stack and Toolchain
ConIT's Service Stack and Toolchain
 
Digital transformation consulting digital consultants serbia belgrade
Digital transformation consulting digital consultants serbia belgradeDigital transformation consulting digital consultants serbia belgrade
Digital transformation consulting digital consultants serbia belgrade
 
HBR case 3
HBR case 3HBR case 3
HBR case 3
 
UNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM Vendors
UNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM VendorsUNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM Vendors
UNDRSTND Group - AIIM London - Oct 2015 - Strategic Priorities for ECM Vendors
 
Data analyst training in mumbai and Pune
Data analyst training in mumbai and PuneData analyst training in mumbai and Pune
Data analyst training in mumbai and Pune
 

Similar to Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed!

George Schindler CGI Value Creation CGI Ratkaisu19
George Schindler CGI Value Creation CGI Ratkaisu19George Schindler CGI Value Creation CGI Ratkaisu19
George Schindler CGI Value Creation CGI Ratkaisu19CGI Suomi
 
Gartner IT Infrastructure & Operations Management Summit 2014 - Trip Report
Gartner IT Infrastructure & Operations Management Summit 2014 - Trip ReportGartner IT Infrastructure & Operations Management Summit 2014 - Trip Report
Gartner IT Infrastructure & Operations Management Summit 2014 - Trip ReportPaul Woudstra
 
Microsoft Dynamics 365 Customer Insights Masterclass
Microsoft Dynamics 365 Customer Insights MasterclassMicrosoft Dynamics 365 Customer Insights Masterclass
Microsoft Dynamics 365 Customer Insights MasterclassCraig Ramsay
 
ThoughtWorks: Monetising Open Banking
ThoughtWorks: Monetising Open Banking  ThoughtWorks: Monetising Open Banking
ThoughtWorks: Monetising Open Banking Thoughtworks
 
Realising Digital’s Full Potential in the Value Chain
Realising Digital’s Full Potential in the Value ChainRealising Digital’s Full Potential in the Value Chain
Realising Digital’s Full Potential in the Value ChainCognizant
 
opentext-digital-world-infographic-en
opentext-digital-world-infographic-enopentext-digital-world-infographic-en
opentext-digital-world-infographic-enTom Leeson, MSc
 
Succeed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy BusinessSucceed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy BusinessSAP Customer Experience
 
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...Salesforce Finland
 
Gartner Symposium 2014 - Executive Summary Report
Gartner Symposium 2014 - Executive Summary Report Gartner Symposium 2014 - Executive Summary Report
Gartner Symposium 2014 - Executive Summary Report Paul Woudstra
 
Digital transformaton breakfast_final
Digital transformaton breakfast_finalDigital transformaton breakfast_final
Digital transformaton breakfast_finalPSD Group Ltd
 
Κωστής Χλουβεράκης, 2nd Hellenic Innovation Forum
Κωστής Χλουβεράκης, 2nd Hellenic Innovation ForumΚωστής Χλουβεράκης, 2nd Hellenic Innovation Forum
Κωστής Χλουβεράκης, 2nd Hellenic Innovation ForumStarttech Ventures
 
Driving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain TimesDriving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain TimesGreg Meyers
 
Driving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain TimesDriving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain TimesGreg Meyers
 
How finland is embracing digital transformation
How finland is embracing digital transformationHow finland is embracing digital transformation
How finland is embracing digital transformationAndreas Korczak
 
Top Digital Transformation Trends (2020)
Top Digital Transformation Trends (2020)Top Digital Transformation Trends (2020)
Top Digital Transformation Trends (2020)Cygnet Infotech
 
Gartner Symposium 2015 - Brochure
Gartner Symposium 2015 - BrochureGartner Symposium 2015 - Brochure
Gartner Symposium 2015 - BrochurePaul Woudstra
 
Time to-market starts with you
Time to-market starts with youTime to-market starts with you
Time to-market starts with youBackbase
 
Going digital services
Going digital servicesGoing digital services
Going digital servicesSandeep Raut
 

Similar to Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed! (20)

George Schindler CGI Value Creation CGI Ratkaisu19
George Schindler CGI Value Creation CGI Ratkaisu19George Schindler CGI Value Creation CGI Ratkaisu19
George Schindler CGI Value Creation CGI Ratkaisu19
 
Gartner IT Infrastructure & Operations Management Summit 2014 - Trip Report
Gartner IT Infrastructure & Operations Management Summit 2014 - Trip ReportGartner IT Infrastructure & Operations Management Summit 2014 - Trip Report
Gartner IT Infrastructure & Operations Management Summit 2014 - Trip Report
 
Microsoft Dynamics 365 Customer Insights Masterclass
Microsoft Dynamics 365 Customer Insights MasterclassMicrosoft Dynamics 365 Customer Insights Masterclass
Microsoft Dynamics 365 Customer Insights Masterclass
 
ThoughtWorks: Monetising Open Banking
ThoughtWorks: Monetising Open Banking  ThoughtWorks: Monetising Open Banking
ThoughtWorks: Monetising Open Banking
 
Realising Digital’s Full Potential in the Value Chain
Realising Digital’s Full Potential in the Value ChainRealising Digital’s Full Potential in the Value Chain
Realising Digital’s Full Potential in the Value Chain
 
opentext-digital-world-infographic-en
opentext-digital-world-infographic-enopentext-digital-world-infographic-en
opentext-digital-world-infographic-en
 
Succeed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy BusinessSucceed with Digital Transformation in a Traditional Legacy Business
Succeed with Digital Transformation in a Traditional Legacy Business
 
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
 
Mphasis-Annual-Report-2018.pdf
Mphasis-Annual-Report-2018.pdfMphasis-Annual-Report-2018.pdf
Mphasis-Annual-Report-2018.pdf
 
Gartner Symposium 2014 - Executive Summary Report
Gartner Symposium 2014 - Executive Summary Report Gartner Symposium 2014 - Executive Summary Report
Gartner Symposium 2014 - Executive Summary Report
 
Digital transformaton breakfast_final
Digital transformaton breakfast_finalDigital transformaton breakfast_final
Digital transformaton breakfast_final
 
Κωστής Χλουβεράκης, 2nd Hellenic Innovation Forum
Κωστής Χλουβεράκης, 2nd Hellenic Innovation ForumΚωστής Χλουβεράκης, 2nd Hellenic Innovation Forum
Κωστής Χλουβεράκης, 2nd Hellenic Innovation Forum
 
Future ready
Future readyFuture ready
Future ready
 
Driving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain TimesDriving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain Times
 
Driving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain TimesDriving Competitive Advantage In Uncertain Times
Driving Competitive Advantage In Uncertain Times
 
How finland is embracing digital transformation
How finland is embracing digital transformationHow finland is embracing digital transformation
How finland is embracing digital transformation
 
Top Digital Transformation Trends (2020)
Top Digital Transformation Trends (2020)Top Digital Transformation Trends (2020)
Top Digital Transformation Trends (2020)
 
Gartner Symposium 2015 - Brochure
Gartner Symposium 2015 - BrochureGartner Symposium 2015 - Brochure
Gartner Symposium 2015 - Brochure
 
Time to-market starts with you
Time to-market starts with youTime to-market starts with you
Time to-market starts with you
 
Going digital services
Going digital servicesGoing digital services
Going digital services
 

More from OpusCapita

Procurement & IT are partners in Source-to-Pay
Procurement & IT are partners in Source-to-PayProcurement & IT are partners in Source-to-Pay
Procurement & IT are partners in Source-to-PayOpusCapita
 
Azure - a secure platform for source-to-pay
Azure - a secure platform for source-to-payAzure - a secure platform for source-to-pay
Azure - a secure platform for source-to-payOpusCapita
 
Accounts Payable Automation - man vs machine
Accounts Payable Automation - man vs machineAccounts Payable Automation - man vs machine
Accounts Payable Automation - man vs machineOpusCapita
 
E-procurement Best Practices for 2020
E-procurement Best Practices for 2020E-procurement Best Practices for 2020
E-procurement Best Practices for 2020OpusCapita
 
Source-to-Pay in 2019 - a year in review
Source-to-Pay in 2019 - a year in reviewSource-to-Pay in 2019 - a year in review
Source-to-Pay in 2019 - a year in reviewOpusCapita
 
Procurement in the Nordics 2020
Procurement in the Nordics 2020Procurement in the Nordics 2020
Procurement in the Nordics 2020OpusCapita
 
A CFO’s perspective for 2020
A CFO’s perspective for 2020A CFO’s perspective for 2020
A CFO’s perspective for 2020OpusCapita
 
Key considerations for IT Departments implementing e-invoicing
Key considerations for IT Departments implementing e-invoicingKey considerations for IT Departments implementing e-invoicing
Key considerations for IT Departments implementing e-invoicingOpusCapita
 
Webinar: Building your business case for e-invoicing
Webinar: Building your business case for e-invoicingWebinar: Building your business case for e-invoicing
Webinar: Building your business case for e-invoicingOpusCapita
 
How Procurement Digitalization is Creating Value in the Construction Industry
 How Procurement Digitalization is Creating Value in the Construction Industry How Procurement Digitalization is Creating Value in the Construction Industry
How Procurement Digitalization is Creating Value in the Construction IndustryOpusCapita
 
Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!
Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!
Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!OpusCapita
 
Three keys to solving services eprocurement
Three keys to solving services eprocurementThree keys to solving services eprocurement
Three keys to solving services eprocurementOpusCapita
 
New Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
New Technologies and New Futures - a webinar with Tom Jansson, CFO, PostiNew Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
New Technologies and New Futures - a webinar with Tom Jansson, CFO, PostiOpusCapita
 
Can you imagine 100% e-transition within 6 months?
Can you imagine 100% e-transition within 6 months?Can you imagine 100% e-transition within 6 months?
Can you imagine 100% e-transition within 6 months?OpusCapita
 
Content strategy for e-Procurement? - You need one!
Content strategy for e-Procurement? - You need one!Content strategy for e-Procurement? - You need one!
Content strategy for e-Procurement? - You need one!OpusCapita
 
Webinar: 5 steps to successful invoice automation
Webinar: 5 steps to successful invoice automationWebinar: 5 steps to successful invoice automation
Webinar: 5 steps to successful invoice automationOpusCapita
 
Mind the EU directive: What does the regulation and format change mean to Nor...
Mind the EU directive: What does the regulation and format change mean to Nor...Mind the EU directive: What does the regulation and format change mean to Nor...
Mind the EU directive: What does the regulation and format change mean to Nor...OpusCapita
 
Raise Your Game: Meeting the Changing Expectations in MRO Procurement
Raise Your Game: Meeting the Changing Expectations in MRO ProcurementRaise Your Game: Meeting the Changing Expectations in MRO Procurement
Raise Your Game: Meeting the Changing Expectations in MRO ProcurementOpusCapita
 
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...OpusCapita
 
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
25.09.2018 How to Improve Your Accounts Payable Processes & Save MoneyOpusCapita
 

More from OpusCapita (20)

Procurement & IT are partners in Source-to-Pay
Procurement & IT are partners in Source-to-PayProcurement & IT are partners in Source-to-Pay
Procurement & IT are partners in Source-to-Pay
 
Azure - a secure platform for source-to-pay
Azure - a secure platform for source-to-payAzure - a secure platform for source-to-pay
Azure - a secure platform for source-to-pay
 
Accounts Payable Automation - man vs machine
Accounts Payable Automation - man vs machineAccounts Payable Automation - man vs machine
Accounts Payable Automation - man vs machine
 
E-procurement Best Practices for 2020
E-procurement Best Practices for 2020E-procurement Best Practices for 2020
E-procurement Best Practices for 2020
 
Source-to-Pay in 2019 - a year in review
Source-to-Pay in 2019 - a year in reviewSource-to-Pay in 2019 - a year in review
Source-to-Pay in 2019 - a year in review
 
Procurement in the Nordics 2020
Procurement in the Nordics 2020Procurement in the Nordics 2020
Procurement in the Nordics 2020
 
A CFO’s perspective for 2020
A CFO’s perspective for 2020A CFO’s perspective for 2020
A CFO’s perspective for 2020
 
Key considerations for IT Departments implementing e-invoicing
Key considerations for IT Departments implementing e-invoicingKey considerations for IT Departments implementing e-invoicing
Key considerations for IT Departments implementing e-invoicing
 
Webinar: Building your business case for e-invoicing
Webinar: Building your business case for e-invoicingWebinar: Building your business case for e-invoicing
Webinar: Building your business case for e-invoicing
 
How Procurement Digitalization is Creating Value in the Construction Industry
 How Procurement Digitalization is Creating Value in the Construction Industry How Procurement Digitalization is Creating Value in the Construction Industry
How Procurement Digitalization is Creating Value in the Construction Industry
 
Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!
Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!
Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!
 
Three keys to solving services eprocurement
Three keys to solving services eprocurementThree keys to solving services eprocurement
Three keys to solving services eprocurement
 
New Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
New Technologies and New Futures - a webinar with Tom Jansson, CFO, PostiNew Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
New Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
 
Can you imagine 100% e-transition within 6 months?
Can you imagine 100% e-transition within 6 months?Can you imagine 100% e-transition within 6 months?
Can you imagine 100% e-transition within 6 months?
 
Content strategy for e-Procurement? - You need one!
Content strategy for e-Procurement? - You need one!Content strategy for e-Procurement? - You need one!
Content strategy for e-Procurement? - You need one!
 
Webinar: 5 steps to successful invoice automation
Webinar: 5 steps to successful invoice automationWebinar: 5 steps to successful invoice automation
Webinar: 5 steps to successful invoice automation
 
Mind the EU directive: What does the regulation and format change mean to Nor...
Mind the EU directive: What does the regulation and format change mean to Nor...Mind the EU directive: What does the regulation and format change mean to Nor...
Mind the EU directive: What does the regulation and format change mean to Nor...
 
Raise Your Game: Meeting the Changing Expectations in MRO Procurement
Raise Your Game: Meeting the Changing Expectations in MRO ProcurementRaise Your Game: Meeting the Changing Expectations in MRO Procurement
Raise Your Game: Meeting the Changing Expectations in MRO Procurement
 
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
 
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
 

Recently uploaded

Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfMichael Silva
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technologyz xss
 
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...Amil Baba Dawood bangali
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyTyöeläkeyhtiö Elo
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfshaunmashale756
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...Amil baba
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasCherylouCamus
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfHenry Tapper
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppmiss dipika
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economiccinemoviesu
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfMichael Silva
 
Financial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and DisadvantagesFinancial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and Disadvantagesjayjaymabutot13
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Sapana Sha
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfMichael Silva
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfAdnet Communications
 

Recently uploaded (20)

Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdf
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology
 
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
NO1 Certified Ilam kala Jadu Specialist Expert In Bahawalpur, Sargodha, Sialk...
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdf
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng Pilipinas
 
Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsApp
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economic
 
🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdf
 
Financial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and DisadvantagesFinancial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and Disadvantages
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdf
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdf
 

Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed!

  • 1. Becoming a Digital Business How to succeed! February 5, 2019
  • 2. Becoming a digital business - How to succeed! 1 Introductions Becoming a digital business Ambitions vs outcomes 2 3 The importance of the back office4 Closing thoughts5
  • 3. Rowan Lemley (host) Introductions Andreas Korczak Chief Operations and Marketing Officer, Microsoft Finland
  • 4. Internal OpusCapita Digitalizing global trade, one customer at a time. • Founded in 1984 • Turnover 65M€ (2017) • ~400 employees • 11 sites in 7 countries • ~3000 customers eProcurement used across 100 countries Invoice Automation across Nordics 16 million e-invoices sent and received annually
  • 5. 10.11.2017 OpusCapita5 OpusCapita – what we do • Source-to-Pay • Cash Management • Business Network • Product Information Mgnt • Accounts Receivable Automation A broad and differentiating portfolio
  • 6. Get networked! Digitalization starts here. Transactional efficiencies and clean data will set you up for success. Connect Command & control! Centralize and standardize your processes ensuring internal and external alignment with maximum control in place. Align Work smarter, not harder! With digital connectivity and a streamlined process in place, intelligent automation can delivery next level opportunities. Automate 1 2 3Unlock the value of digitalization! With a highly agile process, you are ready to support growth. With fully digitalized processes, analytics and insights can drive performance. Optimize 4 What are the value drivers of digital transformation
  • 7. GLOBAL PAYMENTS PAYABLES AUTOMATION SOURCING & SUPPLIER ENGAGEMENT RECEIVABLES AUTOMATIO N OPERATIONAL PROCUREMENT CASH MANAGEMENT Comprehensive supplier information management and agile sourcing for goods and services. Improve your cash inflows and reduce the time spent matching payments to invoices. Create a centralized product catalog with a modern guided buying experience with full mobility. Consolidate and optimize your in- house bank and liquidity management functions. Enable control and compliance over AP while dramatically lowering transactional costs. Connect directly to over 200 banks, SWIFT certified for global payment coverage. OpusCapita is a platform that combines source-to-pay & cash management, enabling full source-to-cash process optimization. Optimizing the full source-to-cash process enables growth and drives performance Putting the value drivers to work!
  • 8. Andreas Korczak Chief Operations and Marketing Officer, Microsoft Finland • Leading strategy and digital transformation work • Shaping how to set and execute a complex change agenda successfully • Evangelizes how new technologies find their paths to customer solutions in the market • How mobility and data intelligence enhance our daily work and life. • Developing high performing, diverse teams with growth mindset, capable to solve the challenges of tomorrow.
  • 9.
  • 11. Optimize operations Transform products Engage customers Data Capture digital signal across business 2 Intelligence Connect and synthesize data Action Improve business outcomes ENABLING DIGITAL TRANS FO RMATIO N Empower employees Data Data + intelligence
  • 12. Data + intelligence Optimize operations Transform products Engage customers Empower employees Data Capture digital signal across business 2 Intelligence Connect and synthesize data Action Improve business outcomes ENABLING DIGITAL TRANS FO RMATIO N
  • 13.
  • 14. The path to becoming a digital business involves both operating model changes and business model changes Digital optimization: The process of using digital technology to improve existing operating processes and/or business models. - Gartner Digital transformation: The process of exploiting the latest digital technologies and practices to create a new sustainable digital business model. - Gartner Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin Moyer, 18 June 2018.
  • 15. Optimization vs Transformation Question: - How do you view the difference between optimization and transformation? *Figure 4 from “Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin Moyer, 18 June 2018.”
  • 16. Who is more likely to succeed Question: - Why are so few organizations succeeding in their ambitions and does it have anything to do with their goals? *Figure 6 from “Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin Moyer, 18 June 2018.”
  • 17. The Gap between ambition and performance Question: - Do you think CFOs/CPOs, etc are worried about the lack of progress? *Figure 7 from “Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin Moyer, 18 June 2018.”
  • 18. How will Digitalization impact your business? Source: Digital Transformation in Finland, Microsoft & PwC Oct 2017 70% : 70%
  • 19. Finnish companies expect highest impact across Nordic Source: Digital Transformation in the Nordics, Microsoft, PwC and Qvarty 2017
  • 20. Public sector rank operations #1 for digitalization Source: Digital Transformation in Finland, 2018
  • 21. Case example: How to build a digital service offering Kuntien palveluiden digitalisointiin tarvitaan uusia keinoja (New means are required to support the digitalization of municipalities) Source: KuntaPro.fi
  • 22. Digital journey for back-office function is just starting … Source: Uncovering AI in Finland, Microsoft-PwC study 2018
  • 23. Three development areas to focus on Source: Uncovering AI in Finland, Microsoft-PwC study 2018 80% Reliability of data 55% Immature technology 55% Lack of skills
  • 24. Closing remarks • Continue to think big and balance Core vs. New • Build a consistent data strategy with E2E processes in mind • Include back-office functions as core part of your digital journey • Develop skill and capabitilies in your organization and find partnerships to scale
  • 25. SELL MORE BUY EASIER PAY SMARTER Business network GROWTH OpusCapita 30+ years experience 3000+ Customers A pioneer of new technology A thought leader A partner