This session was presented at '15 Secrets to Shared Services Success" conference organised by sharedserviceslink.com.
To find out more about forthcoming conferences check http://www.sharedserviceslink.com
Cash Management Structures: Why in-House Banking and Netting are a Must for T...Elena Oliveira
In-house banking (IHB) programs are growing in popularity as a means to more easily move funds and reduce exposures. During our webinar we will discuss how your organization can gain visibility into the company’s net exposures by combining cash pool activity, intercompany invoices and structured lending agreements. We will also go over the internal and natural hedges that are more easily identified through the use of an IHB, leading to more effective management of the net exposures at an enterprise level as opposed to managing regionally.
Cash Management Structures: Why in-House Banking and Netting are a Must for T...Elena Oliveira
In-house banking (IHB) programs are growing in popularity as a means to more easily move funds and reduce exposures. During our webinar we will discuss how your organization can gain visibility into the company’s net exposures by combining cash pool activity, intercompany invoices and structured lending agreements. We will also go over the internal and natural hedges that are more easily identified through the use of an IHB, leading to more effective management of the net exposures at an enterprise level as opposed to managing regionally.
HDG - Base Erosion & Profit Shifting (BEPS) - Conceptual Analysis & Country b...Hitesh Gajaria
How Tax Authorities are Globally Coming Together to Combat the Digital Disruption
World's Largest Cab Co ... Owns No Cabs! - (Uber)
Largest Accommodation Provider .... Owns No Real Estate! (Airbnb)
World's Most Valuable Retailer .. Has No Inventory!
World's Largest Movie House ... Owns No Cinemas! (NetFlix)
Most Popular Media Owner .. Creates No Content! (Facebook)
SME Network - is a unique Banking, Finance & Cost management forum of SME’s to cater to the business needs of the Small & Medium Enterprises and Corporate Segment. Professionally empanelled and networked by Ex - Bankers, Cost Accountants, Chartered Accountants and Engineers we blend analytical skills with practical application.
www.smenetwork.in is a web enabled interactive forum of SME’s to exchange & broadcast benefits / schemes, policies, best practices applicable and available for SME segment. Mentored by us, it connects entrepreneurs with the expert panel on various subjects for advice & clarification. For more details logon to www.smenetwork.in
Our services are tailored to the clients' needs so as to enable them to make the right decisions, in turn leading towards growth of their companies. We focus on strategic planning for long term growth by harnessing the inherent strengths of the client. By employing our services, our clients are assured of finding the right solution for their business needs and enabling them to benefit long after we have finished our work. We review existing business units to determine whether opportunities exist to improve the performance.
Why Treasury and Procurement Should Collaborate for a Successful Supply Chain...Elena Oliveira
Supply Chain Finance (SCF) solutions have a long-track record of improving working capital for corporations. However, many companies still remain challenged with managing the priorities of procurement and supplier management against working capital efficiencies sought by Corporate Treasury.
This presentation talks about the different business models and how they allow Obopay to adapt to different business environments and requirements of different markets and partners.
COBIT 5 as a standard in the Jordanian banking systemMark Constable
Balancing performance and conformance in in an enterprise can be a daunting task.
Adding up the various regulatory, compliance and conformance needs of any organization can have a major effect on enterprise performance if not governed and managed effectively.
In the country of Jordan, the Central Bank has mandated that all banks become “COBIT Compliant,” which has caused a flurry of activity amongst boards and executive management across the banks throughout the country.
In this presentation and accompanying case study, we will explore the emerging importance of a solid Governance of Enterprise IT (GEIT) program and how leveraging the COBIT5 framework products can greatly enhance not only compliance but can also be a positive move towards enhancing the overall governance posture.
Learning Objectives:
- Gain an understanding of the importance of balancing performance and conformance with a GEIT program.
- Appreciate the value of the various COBIT and training products (Foundation, Implementation and Assessment) in the Jordanian Banking system mandate.
- Learn about the positive aspects and lessons learned of the COBIT 5 process capability assessments.
Presenters
Mark Thomas - Escoute Consulting
As an internationally known governance, risk, and compliance expert in the areas of Cybersecurity, IT Service Management, Assurance and Audit, and IT Controls, Mark’s background spans leadership roles from CIO to Management and IT Consulting in several Federal and State Agencies, Private Firms, and Fortune 500 Companies.
Dr Ramzi Sunna - ScanWave CTS
Dr. Ramzi has been in the IT security field for 15 years leading several enterprise and international security projects. He is an InfoSec advisor and world-class security expert.
In the IT Governance field, Dr. Ramzi is one of the pioneers in Jordan and the region who led the establishment of COBIT 5 framework in the financial sector as per the Central Bank of Jordan regulations. A unique advisory program was established by ISACA and ScanWave to accomplish this mission.
This webinar is presented in partnership with ISACA.
Watch recording here: https://apmg-international.com/events/case-study-cobit-5-standard-jordanian-banking-system
IBSA Webinar on FATCA & Exchange of Information which took place on 27 January 2015. Presented by Ross Belhomme of Saffery Champness (Geneva) and Peter Grant of KPMG (London). To view the webinar on demand, please visit our Bright Talk channel at https://www.brighttalk.com/channel/11641
Does simultaneous outsourcing of all your purchase-to-pay processes and achie...sharedserviceslink.com
Do the efficiencies gained by outsourcing P2P processes outweigh the costs? What is the business value in outsourcing?
Last year Sony was told by five consultants that what they wanted to do was impossible. Twelve months later they are reaping the rewards of having successfully outsourced ALL their P2P processes of Sony Europe, reducing their finance headcount from almost 70 to just 3 people whilst still remaining fully in control of how their P2P processes are managed by using a flexible, reliable and user friendly tool that allows easy communication between end users and the outsource centre.
This presentation from Jan Fonfara, Head of Finance Processes, Sony Europe explains how this was all made possible.
Getting the business case right for any technology implementation is crucial to its future success. In this session, Todd Holcomb shares how Alliance Data prepared their business case, what difference this careful planning had on their initial e-invoicing campaign and key lessons learnt in their journey so far, including how to:
- Understand your current P2P process, identify opportunities for automation and target your future P2P process
- Elegantly gain the executive level buy-in and support to make your automation project a success
- Seamlessly handle non-PO invoices elegantly with your electronic invoicing solution
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HDG - Base Erosion & Profit Shifting (BEPS) - Conceptual Analysis & Country b...Hitesh Gajaria
How Tax Authorities are Globally Coming Together to Combat the Digital Disruption
World's Largest Cab Co ... Owns No Cabs! - (Uber)
Largest Accommodation Provider .... Owns No Real Estate! (Airbnb)
World's Most Valuable Retailer .. Has No Inventory!
World's Largest Movie House ... Owns No Cinemas! (NetFlix)
Most Popular Media Owner .. Creates No Content! (Facebook)
SME Network - is a unique Banking, Finance & Cost management forum of SME’s to cater to the business needs of the Small & Medium Enterprises and Corporate Segment. Professionally empanelled and networked by Ex - Bankers, Cost Accountants, Chartered Accountants and Engineers we blend analytical skills with practical application.
www.smenetwork.in is a web enabled interactive forum of SME’s to exchange & broadcast benefits / schemes, policies, best practices applicable and available for SME segment. Mentored by us, it connects entrepreneurs with the expert panel on various subjects for advice & clarification. For more details logon to www.smenetwork.in
Our services are tailored to the clients' needs so as to enable them to make the right decisions, in turn leading towards growth of their companies. We focus on strategic planning for long term growth by harnessing the inherent strengths of the client. By employing our services, our clients are assured of finding the right solution for their business needs and enabling them to benefit long after we have finished our work. We review existing business units to determine whether opportunities exist to improve the performance.
Why Treasury and Procurement Should Collaborate for a Successful Supply Chain...Elena Oliveira
Supply Chain Finance (SCF) solutions have a long-track record of improving working capital for corporations. However, many companies still remain challenged with managing the priorities of procurement and supplier management against working capital efficiencies sought by Corporate Treasury.
This presentation talks about the different business models and how they allow Obopay to adapt to different business environments and requirements of different markets and partners.
COBIT 5 as a standard in the Jordanian banking systemMark Constable
Balancing performance and conformance in in an enterprise can be a daunting task.
Adding up the various regulatory, compliance and conformance needs of any organization can have a major effect on enterprise performance if not governed and managed effectively.
In the country of Jordan, the Central Bank has mandated that all banks become “COBIT Compliant,” which has caused a flurry of activity amongst boards and executive management across the banks throughout the country.
In this presentation and accompanying case study, we will explore the emerging importance of a solid Governance of Enterprise IT (GEIT) program and how leveraging the COBIT5 framework products can greatly enhance not only compliance but can also be a positive move towards enhancing the overall governance posture.
Learning Objectives:
- Gain an understanding of the importance of balancing performance and conformance with a GEIT program.
- Appreciate the value of the various COBIT and training products (Foundation, Implementation and Assessment) in the Jordanian Banking system mandate.
- Learn about the positive aspects and lessons learned of the COBIT 5 process capability assessments.
Presenters
Mark Thomas - Escoute Consulting
As an internationally known governance, risk, and compliance expert in the areas of Cybersecurity, IT Service Management, Assurance and Audit, and IT Controls, Mark’s background spans leadership roles from CIO to Management and IT Consulting in several Federal and State Agencies, Private Firms, and Fortune 500 Companies.
Dr Ramzi Sunna - ScanWave CTS
Dr. Ramzi has been in the IT security field for 15 years leading several enterprise and international security projects. He is an InfoSec advisor and world-class security expert.
In the IT Governance field, Dr. Ramzi is one of the pioneers in Jordan and the region who led the establishment of COBIT 5 framework in the financial sector as per the Central Bank of Jordan regulations. A unique advisory program was established by ISACA and ScanWave to accomplish this mission.
This webinar is presented in partnership with ISACA.
Watch recording here: https://apmg-international.com/events/case-study-cobit-5-standard-jordanian-banking-system
IBSA Webinar on FATCA & Exchange of Information which took place on 27 January 2015. Presented by Ross Belhomme of Saffery Champness (Geneva) and Peter Grant of KPMG (London). To view the webinar on demand, please visit our Bright Talk channel at https://www.brighttalk.com/channel/11641
Does simultaneous outsourcing of all your purchase-to-pay processes and achie...sharedserviceslink.com
Do the efficiencies gained by outsourcing P2P processes outweigh the costs? What is the business value in outsourcing?
Last year Sony was told by five consultants that what they wanted to do was impossible. Twelve months later they are reaping the rewards of having successfully outsourced ALL their P2P processes of Sony Europe, reducing their finance headcount from almost 70 to just 3 people whilst still remaining fully in control of how their P2P processes are managed by using a flexible, reliable and user friendly tool that allows easy communication between end users and the outsource centre.
This presentation from Jan Fonfara, Head of Finance Processes, Sony Europe explains how this was all made possible.
Getting the business case right for any technology implementation is crucial to its future success. In this session, Todd Holcomb shares how Alliance Data prepared their business case, what difference this careful planning had on their initial e-invoicing campaign and key lessons learnt in their journey so far, including how to:
- Understand your current P2P process, identify opportunities for automation and target your future P2P process
- Elegantly gain the executive level buy-in and support to make your automation project a success
- Seamlessly handle non-PO invoices elegantly with your electronic invoicing solution
Are P-cards the answer to making payments easy? What about losing control? An...sharedserviceslink.com
Sometimes your P-card program seems robust but is realizing low-level savings, and you may think it’s exposing you to fraud. How do you rationalize control?
In this session, discover how to make your P-card program the most effective it can be, by hearing how one company dramatically increased spend over their P-cards, removed noise (i.e. low dollar, frequent purchases) and freed up its staff to concentrate on more strategic procurement initiatives. Learn how to:
- Set the controls you really need to manage your program globally
- Use mandatory and non-mandatory messages to maximize supplier adoption
- Communicate and train your business on how to correctly comply with your P-card program
Don’t like risk? Stop gambling in your accounts payable and start to take sys...sharedserviceslink.com
To be SOX compliant and for the purposes of internal audit you need to look at risk from a process perspective. You need to ensure your process is controlled and compliant. Mitzi Mitchell will share how to reduce risk to achieve systematic control of the highest P2P risk areas, including:
- Three-way matching errors
- Ensuring approval limits are correct and monitoring approval authority changes
- Minimising employee fraud (using Concur’s T & E tool)
- Avoiding duplicate payments (using APEX Analytics' audit recovery tool)
- Ensuring users in the process are following the rules to ensure compliance
Exceptions are inevitable. But does your struggle against them have to be?sharedserviceslink.com
Struggling with resolving exceptions such as missing or incorrect purchase receipts, inaccurate POs, inconsistent invoice details or misrouted invoices?
In this session, Simplot share their strategy for avoiding a high cost of re-work in handling exceptions, covering how to:
- Prevent exceptions from re-occuring in the future
- Implement key workflow technologies and hear Simplot’s key results from this combined strategy
Still have procurement outside shared services? Ever ask yourself why?sharedserviceslink.com
Creating a purchasing shared services is easier said than done. Unlike in an accounts payable shared service, it is often hard to instil a customer service mindset when moving from local procurement to serving business units remotely. Resistance will happen.
In this session Jerker Gunnarsson will share how DHL overcame this to set up a shared purchasing service center for North America. He then discusses how to set up a global service delivery without losing the quality of service originally provided by local procurement.
Touching your invoices? You don’t need to. 14 'how to’s' to touchless processingsharedserviceslink.com
Why are we still touching invoices? Other companies aren’t so why are we? James Copeland from BMC software will talk about the 14 'how to’s' that have taken BMC from multiple touchpoints to touchless.
How do you practically link traditional functional silos such as supply chain and payables together? And what results can you expect from this? In this session, Cynthia Haug shares her experience and results from achieving this at GE Healthcare, Johnson Controls and now at Newmont Mining Corporation. Attend this session to discover how to:
- Conduct P2P process analysis to identify where there are breaking/risk points in your P2P process and what is causing high costs
- Gain buy-in from your key internal P2P stakeholders so they take appropriate action for change
- Move from functional silos to being in control of a global end-to-end P2P process – what results can you expect?
Keeping track of all your company’s expenses manually is tough today as firms are running on an increasingly global basis with more employees needing T&E support. With a need for tight controls and visibility on T&E spend coupled with moving towards a paperless office, what are the options available?
In this session, Christa Kelley from The Mosaic Company shares her experience in rolling out the Concur solution globally and examines in this session:
- The business case for your T&E solution and how to choose the right provider for you
- How to set up the controls you need to make your T&E solution really work
- Overcoming implementation challenges and training issues for you to consider
In today’s economic environment, all companies strive to control expenses and manage resources efficiently. Most feel this goal is achieved through deploying technology. That is not always the case.
In this session, learn how Amylin Pharmaceutical’s top continuous improvement project surpassed tough targets in procurement and accounts payable, without introducing technology. Discover how to:
- Use Kaizen methodologies with a cross-functional team
- Find solutions without adding software or capital expenditures
- Save money and redirect staff to perform value-added tasks
Supply chain finance models Part 1: bank-agnostic models, bank-funded and man...sharedserviceslink.com
So maybe you are efficient in your invoice handling process. What should you do next? GlaxoSmithKline has rolled out a global supply chain finance program with a global financial institution after successfully implementing e-invoicing programs in the US and UK.
In this session, Sean McDermott reveals how to:
- Fix your standard payment terms at 60 days or more whilst keeping suppliers happy
- Improve suppliers’ cash flow and help your working capital position even if you are in a slow-payer market
- Implement your supply chain finance program on a global scale
Governing your realm to ensure your customers are consistently delighted with...sharedserviceslink.com
There is a very real danger that once you have set up your shared services, you and your team can keep delivering what was originally agreed. People change. Business needs change. So getting that two-way dialogue between how your business units interact with your shared services team is crucial to meeting current business requirements. So what governance structures can ensure your customers’ experience and quality of service delivery doesn’t slip up?
Cheap operating costs may be appealing to you. But have you considered the price of your service quality deteriorating? Merck Shared Services established SSCs in high-cost locations such as Germany and the US. Why so? In this session, Thomas Laux explains the business case behind this decision and key lessons learnt during his 5 years of delivering high quality shared services, covering:
• What factors to consider when your objective is to focus on delivering a quality service
• Key lessons learnt and what results Merck have achieved in using this approach
Nokia’s procurement shared services story and its ‘3C formula’ for successsharedserviceslink.com
One of the best ways to learn what are the key elements for shared services success and what things you should watch out for on your shared services journey is to hear how others have already done it. In this session, Shekar Ramamurthi talks about how Nokia’s procurement shared services has evolved over the last three years, from its initial set up to where it is today. Now running a global SSC from India, Shekar will share his journey on:
• Engaging with local business units to standardise and not customise your processes
• Bringing in visibility to your business to show what is needed rather than what customers want
• Tightening user compliance and improving customer satisfaction
• Overcoming cultural conflicts between your offshored SSC staff and your business units
How to improve your supplier relationships while lowering invoice handling costssharedserviceslink.com
Isn’t it frustrating when invoices arrive into your organisation which don’t have the information you require to process them? If compliance from suppliers was improved, this would bring enable huge improvements in payments on time. There are also plenty of untapped opportunities to leverage early payment discounts, improving your suppliers’ cash flow and
your own working capital position. So how can you achieve this? Nick Wood shares how an innovative e-invoicing solution is both improving invoice handling quality and reducing costs simultaneously, and shares how to:
• Onboard 70% of suppliers with a winning ‘free e-invoicing for suppliers’ business case
• Target smaller suppliers who need more validation
• Significantly reduce the cost-per-transaction in AP
Smoothly passing the baton from captive to outsourced service delivery in jus...sharedserviceslink.com
Leading the transition of your shared services activities to an outsourcer can be an exciting yet daunting project, but also a sad time as many of your SSC staff will be made redundant.
In this session, Michelle Adams will prepare you well for this journey by sharing how to:
• Attain business as usual in just a few months
• Handle the motivation of outgoing staff to transfer knowledge to your outsourcing partner
• Set up the right governance structures to ensure your business units’ needs are addressed and SLAs are being delivered
“Let’s make process improvements and quickly” - a typical comment from your CFO to ensure they meet their targets.
But what tools are available for you to make this happen? This session discusses the power of process mapping. Discover how it connects the three cogs that drive your shared services forward. In the presentation Jan Fonfara discusses how to:
• Significantly improve your SSO with the same resources
• How to ensure all process stakeholders comply with new ways of working when process changes are made globally
The 9 big issues of shared services and outsourcing: research insights from ACCAsharedserviceslink.com
Which direction is shared services heading? This session explores the top nine key issues unravelled through in-depth interviews with 20 of the world’s leading companies in the finance shared services and outsourcing space from ACCA’s recently launched report Finance Transformation: expert insights on shared services and outsourcing.
The seven culture traits to take you to a customer-focused shared services op...sharedserviceslink.com
When you are already a mature, successful, low-cost shared services operation, where do you go next? Unisys are in this enviable position, so how can they improve? In this session, Ian Chambers and Dave McKenzie share Unisys’ recent culture change programme secrets, detailing what characteristics are needed to operate a world-class performance in a customerfocused, service organisation. Learn:
• Seven key things your organisation needs to do to provide a world-class service delivery
• How to instil each of the seven cultural traits in your SSO staff with a ‘culture club’
• Discussion: Where to next for mature shared services?