This document summarizes a presentation about shifting accounts payable (AP) from a tactical to strategic role. It introduces the presenter and his background. It then discusses how business and regulatory changes have increased the importance of the finance function. AP must now deal with global supply chains, outsourcing, and regulations like Sarbanes-Oxley. Best practices for AP include automating the procure-to-pay process, using cloud computing, and analyzing spend to reduce costs and improve margins. Taking a strategic view allows AP to benefit the company beyond just cost reduction.
Practicalities in Delivering World Class FinanceDan French
‘Optimising Finance Processes without costly change’
The keys to success in the World Class Finance Journey is the topic of this joint webcast between Consider Solutions and The Hackett Group. Surveys show CFO priorities remain focused on reducing costs, driving process efficiency and effectiveness and improving business insight and management decision support. However,
- How do we measure ‘world class’ and what are the practicalities in achieving this state?
- Can we do this without costly, structural change?
- What are the strategies, tactics and techniques?
David Mitchell, an experience Principal at The Hackett Group, explores best practices, innovative tools and proven approaches to drive process improvement and cost efficiency. Hear David and Dan french, CEO at Consider Solutions, as they go through:
- Defining and benchmarking world class performance
- Designing/Refining the optimal model for the organisation
- Identifying and prioritising Quick Wins through process performance analysis
This executive briefing is an excellent opportunity for all senior finance professionals embarking on the journey to World Class Finance.
Deloitte CFO and finance discussion documentMarc Joiner
How can a CFO think about how they spend their time, where they focus efforts, and how their Finance team can deliver value to the organization? This document can act as a framework for CFOs and Finance teams.
An introduction to AmplioGroup's offerings.
AmplioGroup is a specialized boutique consultancy focused on excellence in working capital performance (order-to-cash and procure-to-pay).
With 20 years of global experience, AmplioGroup’s practitioners have assisted over 700 clients to generate more than $35 Billion in cash flow improvement.
Our expertise is global in reach – we have extensive experience in all the key industrialized nations and all the major business and industrial segments.
Our approach is data and metrics driven yet with deep focus on the people in the O2C and P2P processes. Practical skills sets, knowledge bases and communication capabilities drive working capital performance and we empower process stakeholders through augmented abilities and ongoing results measurement.
We believe that optimized cash performance and effectively managed customer satisfaction go hand in hand. Our approach enhances both performance and satisfaction.
Deloitte SAP Finance Transformation AcceleratorJan Bultinck
Finance transformation is a double-edged sword. On one hand,
it can have a significant positive impact on business results.
But it can also require a considerable commitment of key talent
and resources for an extended period of time. That’s why no
organization takes finance transformation initiatives lightly. It’s
important to get them right
Cxo Advisor customer value proposition 2013 updateExo Futures
We drive business innovation through IT transformation
Three Strategic Questions :
Is your business suffering from legacy induced inertia?
Is your business keeping up with and responding to market changes?
Are you disruptive in the market?
Our Core Capabilities Include :
Advise -
Accelerated advisory and governance oversight backed by Ovum in Africa
Apply the 3RM budget process for business clarification (What to tell the board about your IT budget)
Free up "legacy" budget for business innovation
Transform your business model for business innovation with Saas-it.net
Innovate -
Agile business change and innovation is possible with the Outsystems Agile Platform
Apply Agile Business Innovation methods to empower business, accelerate change
Incorporate Software as a Service (SaaS) solutions into your innovation agenda
Change -
Apply Agile Governance and delivery assurance
Discover opportunities to free up legacy, create a blueprint for IT transformation
Use Business Process as a Service (BPaaS) alternatives to accelerate change
Practicalities in Delivering World Class FinanceDan French
‘Optimising Finance Processes without costly change’
The keys to success in the World Class Finance Journey is the topic of this joint webcast between Consider Solutions and The Hackett Group. Surveys show CFO priorities remain focused on reducing costs, driving process efficiency and effectiveness and improving business insight and management decision support. However,
- How do we measure ‘world class’ and what are the practicalities in achieving this state?
- Can we do this without costly, structural change?
- What are the strategies, tactics and techniques?
David Mitchell, an experience Principal at The Hackett Group, explores best practices, innovative tools and proven approaches to drive process improvement and cost efficiency. Hear David and Dan french, CEO at Consider Solutions, as they go through:
- Defining and benchmarking world class performance
- Designing/Refining the optimal model for the organisation
- Identifying and prioritising Quick Wins through process performance analysis
This executive briefing is an excellent opportunity for all senior finance professionals embarking on the journey to World Class Finance.
Deloitte CFO and finance discussion documentMarc Joiner
How can a CFO think about how they spend their time, where they focus efforts, and how their Finance team can deliver value to the organization? This document can act as a framework for CFOs and Finance teams.
An introduction to AmplioGroup's offerings.
AmplioGroup is a specialized boutique consultancy focused on excellence in working capital performance (order-to-cash and procure-to-pay).
With 20 years of global experience, AmplioGroup’s practitioners have assisted over 700 clients to generate more than $35 Billion in cash flow improvement.
Our expertise is global in reach – we have extensive experience in all the key industrialized nations and all the major business and industrial segments.
Our approach is data and metrics driven yet with deep focus on the people in the O2C and P2P processes. Practical skills sets, knowledge bases and communication capabilities drive working capital performance and we empower process stakeholders through augmented abilities and ongoing results measurement.
We believe that optimized cash performance and effectively managed customer satisfaction go hand in hand. Our approach enhances both performance and satisfaction.
Deloitte SAP Finance Transformation AcceleratorJan Bultinck
Finance transformation is a double-edged sword. On one hand,
it can have a significant positive impact on business results.
But it can also require a considerable commitment of key talent
and resources for an extended period of time. That’s why no
organization takes finance transformation initiatives lightly. It’s
important to get them right
Cxo Advisor customer value proposition 2013 updateExo Futures
We drive business innovation through IT transformation
Three Strategic Questions :
Is your business suffering from legacy induced inertia?
Is your business keeping up with and responding to market changes?
Are you disruptive in the market?
Our Core Capabilities Include :
Advise -
Accelerated advisory and governance oversight backed by Ovum in Africa
Apply the 3RM budget process for business clarification (What to tell the board about your IT budget)
Free up "legacy" budget for business innovation
Transform your business model for business innovation with Saas-it.net
Innovate -
Agile business change and innovation is possible with the Outsystems Agile Platform
Apply Agile Business Innovation methods to empower business, accelerate change
Incorporate Software as a Service (SaaS) solutions into your innovation agenda
Change -
Apply Agile Governance and delivery assurance
Discover opportunities to free up legacy, create a blueprint for IT transformation
Use Business Process as a Service (BPaaS) alternatives to accelerate change
Intelligent Content Capture: The Art of Saving a Million Keystrokes and Milli...Paragon Solutions
Organizations receive a daily influx of paper documents such as invoices, applications, claim forms and other supporting documentation that must be reviewed, processed and preserved. Manually managing the flow of these documents causes delays and processing errors that inevitably increase costs, impact customer response, reduce efficiency and threaten compliance.
Join Paragon Solutions and EMC to learn how using Intelligent Document Capture as a means to drive data and documents quickly into processes can dramatically reduce manual preparation, data entry and cycle time. We’ll also share our Business Case Approach to demonstrate how Paragon helped an organization that processes 600,000 forms annually implement document capture to electronically distribute, search and store information, reducing processing time by 38 percent and cutting costs by 30 percent.
Do you have the right tools to measure your financial performance? Do you know what elements are necessary to guide your business? Based on last year's rave reviews, Autotask's own Chief Financial Officer, Vince Zumbo, will return to lay out the fundamentals of planning and monitoring your financials for success. Vince will be aided by Autotask Product Manager Joe Rourke who will demonstrate how you can apply what you've learned by leveraging Autotask to support your business' optimal financial health. This session is full of tips, templates and insights that are used by financial professionals today and can be used by organizations of all sizes.
[Presenters: Vince Zumbo & Patrick Burns, Autotask]
Preview Deck | Finance and Accounting Outsourcing (FAO) Annual ReportEverest Group
The global multi-process FAO market continues to grow at a healthy rate of 11%. However, the growth was slower when compared to 2010. This is the not a sign of worry but a sign of movement towards the maturity of the FAO market. As the FAO market matures, the value proposition expands beyond cost and consequently, the FAO solution elements change too. FAO adoption is now not restricted to traditional markets but extended to under-penetrated markets as well. In 2012, Everest Group expects the FAO market to continue strong activity, resulting in a YoY growth of 10-15% in terms of ACV.
A Holistic Approach to Accounting Close and Reporting Effectiveness: It’s so ...Proformative, Inc.
Video & Slides: http://www.proformative.com/events/holistic-approach-accounting-close-reporting-effectiveness-it-s-so-much-more-technology
The accounting close and financial reporting each occupy a unique position among business processes. While recognized as critical processes, and the subject of increasing regulatory scrutiny, the close and reporting processes have been remarkably resistant to the type of re-engineering efforts that have improved performance and productivity in less critical areas. Many companies are looking at cloud and related technology to drive improvements in their accounting close and reporting effectiveness. However, technology in and of itself does not improve manual processes. If technology is implemented without the proper consideration for process and people, it can negatively impact accounting close and reporting effectiveness. Each company’s unique accounting and reporting requirements dictate that a total solution approach, focusing on continuous improvement, offers the best path to successfully improving the quality of financial close and reporting. Join us to discover specific techniques and tactics that can be leveraged by your company in taking a holistic approach to accounting close and reporting optimization.
A Guide to Business Process Outsourcing - CogneesolCogneesol
Business Process Outsourcing is becoming the latest trend in recent years. Know about the factors driving the need for outsourcing business solutions and common traps of outsourcing. Also know what to outsource or what type of business solutions are suitable for you to improve the overall productivity of your business process.
The CFO Guide to Data with Deloitte & WorkdayWorkday, Inc.
A recent explosion of data and rapidly evolving tools and techniques for managing it have made it difficult to turn data into value.
View this deck to hear how Deloitte and Workday are helping organizations get a handle on their data, deploying automated, analytics-based planning models, streamlining finance operations, and becoming truly decision ready.
Intelligent Content Capture: The Art of Saving a Million Keystrokes and Milli...Paragon Solutions
Organizations receive a daily influx of paper documents such as invoices, applications, claim forms and other supporting documentation that must be reviewed, processed and preserved. Manually managing the flow of these documents causes delays and processing errors that inevitably increase costs, impact customer response, reduce efficiency and threaten compliance.
Join Paragon Solutions and EMC to learn how using Intelligent Document Capture as a means to drive data and documents quickly into processes can dramatically reduce manual preparation, data entry and cycle time. We’ll also share our Business Case Approach to demonstrate how Paragon helped an organization that processes 600,000 forms annually implement document capture to electronically distribute, search and store information, reducing processing time by 38 percent and cutting costs by 30 percent.
Do you have the right tools to measure your financial performance? Do you know what elements are necessary to guide your business? Based on last year's rave reviews, Autotask's own Chief Financial Officer, Vince Zumbo, will return to lay out the fundamentals of planning and monitoring your financials for success. Vince will be aided by Autotask Product Manager Joe Rourke who will demonstrate how you can apply what you've learned by leveraging Autotask to support your business' optimal financial health. This session is full of tips, templates and insights that are used by financial professionals today and can be used by organizations of all sizes.
[Presenters: Vince Zumbo & Patrick Burns, Autotask]
Preview Deck | Finance and Accounting Outsourcing (FAO) Annual ReportEverest Group
The global multi-process FAO market continues to grow at a healthy rate of 11%. However, the growth was slower when compared to 2010. This is the not a sign of worry but a sign of movement towards the maturity of the FAO market. As the FAO market matures, the value proposition expands beyond cost and consequently, the FAO solution elements change too. FAO adoption is now not restricted to traditional markets but extended to under-penetrated markets as well. In 2012, Everest Group expects the FAO market to continue strong activity, resulting in a YoY growth of 10-15% in terms of ACV.
A Holistic Approach to Accounting Close and Reporting Effectiveness: It’s so ...Proformative, Inc.
Video & Slides: http://www.proformative.com/events/holistic-approach-accounting-close-reporting-effectiveness-it-s-so-much-more-technology
The accounting close and financial reporting each occupy a unique position among business processes. While recognized as critical processes, and the subject of increasing regulatory scrutiny, the close and reporting processes have been remarkably resistant to the type of re-engineering efforts that have improved performance and productivity in less critical areas. Many companies are looking at cloud and related technology to drive improvements in their accounting close and reporting effectiveness. However, technology in and of itself does not improve manual processes. If technology is implemented without the proper consideration for process and people, it can negatively impact accounting close and reporting effectiveness. Each company’s unique accounting and reporting requirements dictate that a total solution approach, focusing on continuous improvement, offers the best path to successfully improving the quality of financial close and reporting. Join us to discover specific techniques and tactics that can be leveraged by your company in taking a holistic approach to accounting close and reporting optimization.
A Guide to Business Process Outsourcing - CogneesolCogneesol
Business Process Outsourcing is becoming the latest trend in recent years. Know about the factors driving the need for outsourcing business solutions and common traps of outsourcing. Also know what to outsource or what type of business solutions are suitable for you to improve the overall productivity of your business process.
The CFO Guide to Data with Deloitte & WorkdayWorkday, Inc.
A recent explosion of data and rapidly evolving tools and techniques for managing it have made it difficult to turn data into value.
View this deck to hear how Deloitte and Workday are helping organizations get a handle on their data, deploying automated, analytics-based planning models, streamlining finance operations, and becoming truly decision ready.
It’s not a secret that the need to modernize traditional finance operations and evolve into a “Digital Finance” organization has become a key priority for finance leaders.
In this video recap of the webinar held on 12/11/ 2019; Raul Vega, Auxis CEO, discussed the key risks and challenges organizations typically face as part of their transformation journey, and how to develop and execute a strategy that provides the business case and outcomes you expect based on your specific company size and needs.
What was covered:
- What does Modern Finance really mean?
- Digitization as a Key Element of the Modern Finance Organization
- Most Common Tools you should be implementing as part of your Digital Finance journey
- What’s driving RPA’s growth?
- Implementation Strategies & Alternatives
- How Outsourcing can help finance executives self-fund their Digital Finance Strategy and drive faster outcomes
Your Digital Finance Transformation JourneyWorkday, Inc.
When it comes to navigating digital transformation within finance, no two organizations or industries are alike.
View this slide deck to learn how Workday and Deloitte are partnering to provide customers across industries with a perfect path forward, and can help you set a clear strategy for your journey.
Best in Class Working Capital Management - Best Practices for A/R, AP and Inv...Proformative, Inc.
Working Capital represents an internal opportunity to generate cash to fund R&D, buybacks, CAPEX, and M&A that businesses always seem to miss. Understanding how to maximize the initial investment in this internal source of cheap captial to support coprorate initiatives needs a holistic approach to total working capital management. This workshop covers effectively and efficiently improving to reap benefits from an internal cash source from recievables management, inventory and supply chain management, and payables management. Gain an understanding of a holistic approach and framework on Total Capital Management, KPI and baseline measurements strategies to incorporate in planning and forecasting of Working Capital, and best practices in managing Customer to Cash, Forecast to Fulfill, and Procure to Pay.
Speakers:
Hye Yu, Senior Manager, Ernst & Young Working Capital Advisory Services
Henri van der Eerden, Senior Manager, Ernst & Young Working Capital Advisory Services
Presentation delivered at CFO Dimensions 2013 - www.cfodimensions.com
Workshop
Although Big Data is changing enterprise data architecture models, support for Big Data extends beyond the walls of IT. The most successful companies are focused on building strong business cases for Big Data to drive support, adoption and funding though the enterprise.
This webinar investigated the two perspectives in constructing a business case for Big Data as well as how to create a compelling business case for Big Data success.
During this webinar, we covered:
-Challenges Creating Business Cases for Big Data
-Two perspectives for building Big Data business-cases
-Building the business-focused case and getting to monetized benefits
-Fortifying your business case with IT-benefits
Intelligent finance operations provide competitive edge to enterprisesGenpact Ltd
Looking to transform your finance operations? Genpact designs and runs intelligent finance operations that integrate technology and analytics to achieve competitive edge.
The accounting reporting cycle continues to evolve as business demands more and more from financial and accounting teams.
Business climate continues to evolve include the demand for information.
The annual budgeting forecasting cycle continues to be review as more and more companies are looking at reforecasting as part of the close, consolidate and reporting cycle
Regulatory reporting requirements continues to be both demanding and complex.
What if your finance organization had a faster, simpler way to transform operational transactions into meaningful insight? View this slide deck with Workday and KPMG as we explore new technologies and solutions for streamlining the analysis of vast amounts of data in the changing world of finance.
Leading Indicators: What's so KEY about your KPIsDan French
Watch this fascinating webinar and explore the challenges of KPIs as lagging indicators and how, by switching mainly to leading indicators, you can genuinely transform focus and performance.
KPIs in shared services are the most commonly broken instrument in use by management in today’s business environment. In a desire to drive increased efficiency and better outcomes for customers, and with the mantra ‘what you can’t measure you can’t manage’ ringing in our ears, management are collecting data that relates to performance but typically does not DRIVE performance.
We are seeing KPIs that are:
- detrimental to the overall success of the business and;
- encouraging the ‘gaming’ of KPIs for achievement of personal or departmental objectives
The core issues is that lagging indicators, today’s typical KPI set, measure only outputs. We need LEADING indicators to measure and drive the insight and decision making that produces improved performance. We will also be looking at the role of leading indicators, including the Key Exception Indicators and examples of best practices. We will share the Top KPIs in use today, challenge them and share a more balanced approach for driving winning behaviour.
In particular we are examining:
- Leading and lagging Indicators across shared services processes
- The challenge of traditional lagging KPIs
- The most common KPIs for shared services
- How to use indicators to drive behaviour
- How to engage the customer
- Developing an AID-Board
A Stress-free Guide to Mergers Acquisitions and Divestitures.pdfeprentise
Mergers, acquisitions, and divestitures are full of opportunities to take advantage of complementary resources, discover new market opportunities, reinvent processes, and capitalize on excitement. Familiarize yourself with best practices to ensure your organization is getting the most value out of the deal.
Having supported over $400 billion worth of merger, acquisitions and divestiture transactions with Oracle E-Business Suite (EBS) customers our speaker and industry-expert, CEO and Founder of eprentise, Helene Abrams discusses key integrations and considerations when undertaking M&A projects to help avoid transitional pitfalls.
With over 20 years of experience, technology specialist and influencer Husein Fazal, the Head of Financials and Procurement at Claremont, has delivered many successful enterprise-level programmes, with a strategic vision and the ability to translate that vision to an operational solution, providing an engaging narrative for stakeholders throughout the merger, acquisition, and divestment process.
CashPerform has a unique offering that facilitates efficiency in the cash conversion cycle to recover cash from suppliers, customers and internal efficiences. This translates into Working Capital Optimisation
Fifty Shades of Uncertainty: Tracking Global Marketing BudgetsMarketo
Mystery and intrigue are great for novels, but not for your marketing budget. What if you could put the days of nail-biting budget processes behind you? Check out this webinar about Marketo Financial Management - budget tracking software made by marketers for marketers.
Similar to [Webinar] From Tactical to Strategic: A Shift in the Understanding of Accounts Payable (20)
Have you been thinking about automating your AP process but time slipped away from you in 2013? Don't let another year go by—take action and automate your AP in 2014.
Join us, along with The Institute of Financial Operations, to learn the latest trends in AP and how you can begin a shift to AP automation. With a move to AP automation, there is no more losing invoices, chasing approvals, and updating endless spreadsheets. AP automation gives you a smoother and faster AP process with increased control and visibility, improved efficiency, and reduced fraud.
Presenters:
Craig Simpkins, CAPP, CFE, and Director of Global Process Organization at Johnson Controls Inc.
Peter Bepler, Co-founder and President at Anybill
With the fresh start of a new year, there is no better time to kick off your AP automation project. What are you waiting for?
[Webinar] A More Efficient Accounts Payable Function: Implement These Simple ...Anybill
Best practices are all in the details. Ignore those details at the expense of the profitability of the entire organization. It's that important.
In this webinar, Mary Schaeffer of AP Now and Tomorrow discusses:
- The true bottom line cost of ignoring best practices
- Changing best practices and the importance of identifying changes
- Best practices along the entire procure-to-pay process
- The role technology is playing in the best practice arena
- The future of best practices in accounts payable
[Webinar] Unveiling the Benefits of Accounts Payable with The Institute of Fi...Anybill
The benefits of incorporating automation technology into the accounts payable process include more than efficient receipt of supplier invoices, improved visibility, enhanced audit processes, and lower costs. There is another level of benefits that the accounts payable process can add to the organization.
The Institute of Financial Operations joins Anybill in discussing the major benefits of invoice automation and will focus on the best practices that can be incorporated into the people, processes, and additional technology outside of the invoice automation process, and will discuss how they add value to an organization.
Mary Schaeffer from AP Now identifies 25 ways crooks use to get their hands on your organization's hard earned money.
Mary's discussion will include:
There’s no such thing as too big or too small.
Every company is a potential target.The risk is both internal and external.
New types of fraud – some directly affecting accounts payable – are evolving almost daily.
View a full recording of the webinar to learn what’s going on and what you should do to protect your company against a group of increasingly sophisticated fraudsters.
[Webinar] Little Mistakes that Cause Big Problems in Accounts PayableAnybill
It’s often the little things that if left unresolved, end up causing the biggest headaches. What’s even more hellish is that these nightmares have a way of popping up at precisely the wrong time. Typically, the solutions aren’t elaborate or expensive; they simply involve identifying the mistake and rectifying it.
Hear Mary Schaeffer, Editor of AP Now as she:
•Identifies 25 AP mistakes that on the face seem minor but could result in major headaches
•Addresses why these issues can cause complications and what you can do to avoid these in the future
•Discusses some strategic tools that you can implement to avoid this all together!
[Webinar] AP Improvements that Repay: Planning for the New YearAnybill
AP Now Webinar Series: Part 4
Presenter: Mary Schaeffer, AP Now & Tomorrow
Fine-tuning the accounts payable function is something every organization should do on a regular basis. While it would be nice if we could set up the procedures and then use them for the next ten years, that is not practical if you wish to run a best practice operation. On the other hand, we can’t continuously change. The trick is to identify those changes we can make that will provide the biggest payback. The payback can be in efficiency, cost reduction or better regulatory compliance.
Join us for an informative hour as Mary Schaeffer examines some of the changes that will provide your organization the biggest payback for the time and money it invests in them.
[Article] The Accounts Payable Function: Are There Cracks in Your Foundation?Anybill
Rarely do people think about the foundation for their accounts payable function. This is unfortunate, for just like a building built on swamp land, an accounts payable function without a strong foundation will not be able to support a robust accounts payment process. With all the change affecting the account payable function in recent years as well as expected change in upcoming years, a strong foundation is critical. Let’s take a look the implications of a robust underpinning as well as five issues every professional should consider when evaluation their accounts payable function.
[Webinar] Stop Thinking About It and Automate Your AP ProcessesAnybill
Recording: https://www.dropbox.com/s/p62hekx2tnkea13/2013-10-10%2014.01%20Stop%20Thinking%20About%20it%20and%20Automate%20Your%20AP%20Processes.wmv
Speakers:
Henry Ijams, Managing Director of PayStream Advisors
Peter Bepler, President and Co-Founder of Anybill
You think about automating. You might even have meetings about automating. Well, the time has come to stop thinking about it and to make it happen. If you think your company might be too small to automate, think again.
So, how do you get started? Attend our 50 minute webinar to get your burning questions answered about how to begin the automation process. Off the heels of PayStream's recently published report on Automating Payables for the Small to Medium Enterprise Market, we're here to offer you valuable tools and ideas to help get your project kicked off.
Join us as the presenters discuss:
-Current landscape of AP departments in the US
-How to create an effective business plan with realistic ROI
-Challenges and barriers to your automation goals
-What the innovators are doing
[Webinar] AP Function: Does Yours Have a Strong Foundation?Anybill
All the high technology and hifalutin best practices don’t mean much, if your accounts payable does not have a strong foundation. This means setting up your invoice processing to incorporate strong controls, best practices as well as regulatory compliant practices. Does your accounts payable function have a strong foundation?
Mary Schaeffer covers a checklist of strong foundation practices every organization should use. Layer by layer, she’ll show you how to build a best practice accounts payable organization.
The Institute of Financial Operations' new report covers the key trends in AP automation and allows you to get a glimpse into how your peers and competitors are reshaping their operations using emerging technologies.
Automating Payables for the SME Market: Diving Head First into AP AutomationAnybill
This Technology Insight report is for small and mid-sized enterprises with an interest in payables automation. The report includes the latest adoption statistics, current thinking, best practices, strategies, and key performance indicators for evaluating and selecting the solution that meets your needs.
[Webinar] Benefits of AP Automation: Why Companies of All Sizes Should Be Tak...Anybill
Why Companies of All Sizes Should Be Taking Advantage
Speaker: David Hay, Consultant
Listen to the webinar recording here: https://www2.gotomeeting.com/register/834071794
The Accounts Payable Network reveals how accounts payable can go beyond just paying invoices accurately and on time and contribute to the organization’s success by:
- Implementing automation technology in AP to provide a complete real-time view of the
company’s financial condition;
- Delivering visibility to allow for faster, more accurate financial reporting and audits;
- Enhancing controls and adherence to corporate policies
-And much more!
In the case of , most businesses don’t handle high-value invoices differently than routine payables—mainly because they don’t recognize what invoices are high-value or don’t have a process to treat them with priority.
The conventional thinking in accounts payable processing is that an invoice is just an invoice, regardless of its possible impact on the bottom line. Many companies don’t focus on invoices that matter most, and handle all AP the same—creating a cascading effect that leads to inadequate operational control, inefficient business processes, and excessive transaction costs.
There is a better way. Accounts Payable Segmentation is an approach that involves separating and prioritizing invoices based on their type, characteristics and level of importance. AP Segmentation is also the process by which companies consistently identify “Critical AP”—the 20 percent of payables that are most strategic or problematic to the operation of the business.
This paper explores how organizations that focus available resources on the most troublesome and essential segments of accounts payable stand the most to gain from automation and overall process improvement.
[Whitepaper] From Profit Recovery To Retention Anybill
Many companies today rely on “post-transaction recovery” to audit, reconcile and recover mistaken vendor payments. However, this blunt-force, after-the-fact approach to invoice reconciliation is extraordinarily costly and wasteful.
Due to process inadequacies in their accounts payable (AP) departments, they are cutting checks that are not owed, paying phantom bills and contributing to various forms of “profit leakage.”
Best-in-class companies, however, have discovered that these operational mistakes are preventable. Leveraging Intelligent Invoice Reconciliation (IIR) solutions, they are engaging in the “pre-transaction retention” of mishandled payables—taking action before dollars erroneously fly out the door. By analyzing their transaction data in real-time and reconciling invoices with payables, they are pre-empting AP leakage, enhancing operational processes and protecting their profits.
This position paper explains how these advanced companies are rethinking their approaches to invoice reconciliation and establishing a stronger foundation for accounts payable.
[Whitepaper] Aberdeen Research Report: AP Invoice Management in a Networked E...Anybill
The Aberdeen Group just released their newest research report, "AP Invoice Management in a Networked Economy." The report discovered how Best-in-Class companies are leading the way toward improving both the internal and external facets of their financial operations.
[Webinar] Unveiling the Benefits of AP with the Institute of Financial Operat...Anybill
What You'll Learn:
The benefits of incorporating automation technology into the accounts payable process include more than efficient receipt of supplier invoices, improved visibility, enhanced audit processes, and lower costs. There is another level of benefits that the accounts payable process can add to the organization.
The Institute of Financial Operations joins Anybill in discussing the major benefits of invoice automation and will focus on the best practices that can be incorporated into the people, processes, and additional technology outside of the invoice automation process, and will discuss how they add value to an organization.
[Webinar] AP Efficiency: It's All In The ControlsAnybill
Not only is the accounts payable department responsible for paying an organization’s bills, it is charged with only paying them correctly. This means guarding against duplicate payments as well as fraud. As those who work in or manage accounts payable are painfully aware, this is easier said than done. The cornerstone to an efficient, effective department is in the controls. Recognizing the importance of this topic to the accounting and accounts payable community, Anybill invited Mary Schaeffer, a nationally recognized accounts payable expert, to discuss this topic in detail.
Ms. Schaeffer covered the following issues:
Why every organization needs to concerned about controls
Common control problems and weaknesses many organizations experience
Solutions that will strengthen your controls.
[Webinar] Implement Simple Best Practices with AP Now & TomorrowAnybill
Mary Schaeffer, Editor of AP Now and Tomorrow presents - A More Efficient Accounts Payable Function: Implement These Simple Best Practices. Best practices are all in the details. Ignore those details at the expense of the profitability of the entire organization. It’s that important.
In this session, Mary Schaeffer will discuss:
The true bottom line cost of ignoring best practices;
Changing best practices and the importance of identifying these changes;
Best practices along the entire procure-to-pay process;
The role technology is playing in the best practice arena; and
The future of best practices in accounts payable
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
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