Thinking

Here you’ll find our opinions, viewpoints and rants. But don’t forget to add your comments – good or bad – on anything you like or loathe. We value your feedback.

What I Learned from the BP Purchase to Pay (P2P) Global Process Owner (GPO)
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I was very fortunate to have had the opportunity to interview Mark Miles, former P2P Director at BP.

Global Process Ownership (GPO) is the ‘role de jour’ of the transformational business. Everyone is talking about it, many are doing it but few are doing it very well.

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Enterprise Risk Management (ERM): From “Fact to Act”
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coso-erm

COSO Enterprise Risk Management (ERM) Framework

Enterprise risk management (ERM or E.R.M.) in business includes the methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances (risks and opportunities) relevant to the organization’s objectives (goals and targets), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress.… Read More

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5 Priorities for Shared Services Leaders for 2017
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SSL NASharedServicesLink held its North American Leaders Summit, the 6th flagship event in this series last month in Atlanta. The balmy Georgia weather was a perfect counterpoint to the cold facts and sharp insights in round table discussions and presentations by subject matter experts.… Read More

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Global Process Ownership Journey at Huntsman: The Critical Role of Internal Controls
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SharedServicesLink, Consider Solutions and Huntsman were the speakers on this educational webinar which discussed the developing relationship between GPOs and Internal Controls.

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Getting “Out of Control”
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I was invited to present at the Joint Institute of Internal Audit (IIA) and ISACA Governance, Risk and Control Conference recently with my colleague Robin Ashby.

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Governance, Risk and Compliance (GRC) in the SAP World
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vienna

 

The annual European main event for those interested in an update on SAP’s GRC solutions, was held in Vienna, combined with parallel events on SAP HANA, BI, Finance and HR. Our COO Hans van Nes attended and shared the highlights of the conference.

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Vendor Master Data: The Engine of the P2P Cycle
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master data governance

It all starts with the data, and in the case of Procure to Pay/Purchase to Pay (P2P), it’s Vendor Master Data (VMD).  Many organizations spend many man months and years, not to mention a high cost, cleaning up their Vendor Master Data only to realize that it had begun to slip back into a less than pristine state only months later.  

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Benchmarking The Accounting and Finance Function 2016
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robert half
The ‘Benchmarking the Accounting and Finance Function: 2016 Report’ from Robert Half, provides some excellent benchmarks based on responses from more than 1700 financial leaders across the private and public sector. In the fast paced, fast changing finance environment, their statistics and analysis are a great way to gain insight into how your environment compares with peer companies.… Read More

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Data Visualization vs Data Analytics
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data blog

Data Visualization is taking over. To meet the onslaught of big data head on, more and more we see tools aimed at helping us make sense of all of this data. Programs, dare I say platforms, such as Tableau and Qlikview have made solid inroads with corporate finance and audit organizations to provide just such a service.  … Read More

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What’s The Worst Job You’ve Ever Had?
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co betterWere you bad in a former life, were you beaten as a child, do you have no friends or just low self esteem?

You are a Chief Compliance Officer and I spent 2 days with you at the Compliance Week 2016 conference in Washington DC on May 23 and 24.… Read More

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