To move your company forward, you need to chart where you’ve come from. Benchmarks can help. During this session you will receive key invoice and payment processing volume metrics, to assess where you company stands in comparison to other “best in class” industry leaders
The trend towards business partnering has been ongoing for many years and different companies are at different stages in the evolution of this model. To be successful the CFO has to regard him/herself as a business person with a finance background rather than a finance person interested in the business. It also emphasises the importance of the role of the controller in ensuring that reporting is timely and accurate and that an appropriate control framework is in place and operating effectively. During this session you will hear how Reader’s Digest SSO is optimising the overall business performance by establishing total connectivity and understand of the performance drivers.
What are your numbers telling you? Finance organisations face numerous challenges when it comes to delivering insight effectively. The question remains; What is the real potential around using data that only the SSO has visibility to? The limitation is not the data, it's the questions we are asking. Strategies are emerging to enable and enhance business insight and during this session you will hear a few. From improving key controls and reporting to the design and implementation of operational and customer dashboards, learn how to improve business analytics capabilities and overall efficiency.
Director, Corporate Finance
Cisco Systems adopted a shared services model in 2006 as part of its globalisation strategy to become more scalable. Back then Cisco was a $25bn company growing at 15% with the aim of doubling its size within 5 years. Such ambitions required a scalable model, so they developed a model consisting of centres of excellence and an SSO. This new structure empowered Cisco's SSO to reach out to deliver more complex financial operations to its business units and offer cross-functional services to the customer. They’ve since reduced from 35 countries to 5 global centres, working on a country enablement project within finance for the expansion into ten new countries. Hear the next steps to this international complex transformation.
Controller Emerging Markets
In today’s environment, uncertainty and volatility will remain. You must learn to navigate your business with full transparency of the risks and opportunities. You must place a greater demand on productivity and customer value. During this session learn how to lead this fundamental change, placing you at the front of your competition.
Vice President Data Management
ArcelorMittal understands what it takes to prepare a strong business case for payables automation.
CEO, Shared Service Centre Europe Poland
Global Lead Supplier Enablement
By understanding how to implement a true finance governance program, a finance organisation can become a strategic contributor to the company’s success. This strategy can help you capture increased efficiency and realise greater effectiveness in the last mile. During this session you will hear about the approach which can help move your programme forward including;
Deputy Director of Finance
British Red Cross
by Thames Water
As part of a BPO decision, one very critical consideration is whether to select single or multiple vendors. Incorrect decision can result in negative impact on the outsourcing relationship and act as a roadblock to meet the objectives for the customer. During this discussion we will evaluate the critical factors that will help you make a better business decision including;
Accelerating costs, compliance with changing regulations, and competitive pressures are transforming the CFO’s office. To ensure continued investments and focus on critical initiatives, CFOs need to drive greater efficiencies and cost savings within their back-office operations. While risk, reporting and compliance still reign high priority, the CFO strategy agenda is morphing into a role of value creator, joining the business at the centre. During this panel discussion you will hear about this shift in focus to include a mix of strategy; finance, operating, people management and risk mitigation
Corporate Senior Vice President
Hays SSC includes a full suite O2C function including; master data, billing and credit and control. all transactional processing is run from their captive India operations with higher value work kept in the UK centre. Their establishment of a successful function began with a mapping of processes, good transition plan and lean practices to identify continuous improvement efforts. During this session Martin Kirby describes the importance of good master data. How, if it is wrong or inconsistent, can lead to major issues that may not be easily identified or rectified, including errors in reporting.
Martin N. Kirby
Head of Order to Cash
Director Finance Change Management
European Finance Director
Tate and Lyle
Global Finance Manager, R2R
An open conversation format where we look into the management of sub-processes including; cash application, credit risk management, collection and dispute management.
Process and Shared Services Director
Just how valuable could a captive shared services operation be? It’s often looked at by its owners as a cost centre rather than a potential gold mind. However, divesting such an operation may not only reduce cost and improve service quality, it has the potential to raise a literal boatload of cash that can then be invested elsewhere. Yes, breaking up is hard to do, but when it opens the doors for greater opportunity, maybe it’s time to move on.
As Finance organisations are under the spotlight as never before, they have to deal with growing transaction volumes, ever more stringent SLAs and an increasing demand for transparency to meet audit requirements. During this interactive session we will discuss the ways in which we can achieve enhance financial reporting, compliance and risk mitigation, focusing on the drivers for automation, benefits of, and challenges in, achieving operational excellence and next steps in process improvement.
by Sealed Air
Intercompany accounting can take a great deal of resources as well as extend closing cycles and delay account reconciliations. Efficiency in managing intercompany accounting can eliminate a great deal of non-value added activities. During this session you will hear best practices in managing intercompany accounting through automation and process efficiency.
Manager of Controls & Process Improvement
Sealed Air Corporation
When you go through a major finance transformation initiative, mapping out your processes clearly can help your staff identify areas to reduce costs. But how do you identify ways to fully leverage your SSC’s value-added actives? How do you not only create value but measure it?
Process & System Improvement Manager
Seeking to achieve economies of scale and share resources, companies often weigh the pros and cons of SSC’s and outsourcing as alternatives to in-house operations. Recent experiences have proven that these two approaches can work in tandem to reach the goal of optimising finance processes at a global level
BT is transforming its finance function through a number of programmes including; finance systems development, building up the SSC (hybrid model) and developing the retained organisation. The systems roadmap has been dominated for the last four years by building and rolling out Oracle Financials as their global ERP systems in 120+ countries. At the same time in the UK, they have been developing their reporting capabilities through Hyperion on OBl. During this session you will learn how they are driving a global systems implementation n response to a strong increase in regional and global regulation.
Head of Finance Transformation
NEC created a UK SSC for their European a/p function, which services vendors in eight countries. The company sought to reduce operational expenditures across the board, and accounts payable automation was targeted as an opportunity for cost-saving efficiency. This was only the beginning. Now on a mission to achieve cost savings on ‘tail end’ spend by increasing visibility of key suppliers with big ticket savings, NEC shared their story of true AP transformation.
Shared Service Centre Manager
NEC Europe Ltd.
Long and short term strategies will always conflict especially following the aftermath of a recession. CFO’s must question the amount of working capital and the areas the organisation should prioritise. The symmetry between equity and debt as a source of finance will play an ever-growing part in the next 24 months. Now is a critical period. Here from this panel of experts as they take you through the keys to optmising working capital and achieving greater transparency and control.
Director, GBS Global Finance Shared Services
In March of 2011, The City of London embarked on major transformation programme to help it reduce its procurement cost by creating a new, world-class SSC. During this session you will hear about the drivers, partner selection, transition plans and the technology enabling the successful deployment.
City of London
Head of Accounting and Controlling
At the end of 2011, a new set of guidelines will be established to further the best practices of legal compliance. Are you prepared for what is to come? Do you know what is required for your e-invoices to be legally compliant?
Get the answers you need during this informative session.
Head of Commercial
Berwin Leighton Paisner Ltd
14th–16th February 2012