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.

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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Does Workday ‘Cloud’ Risk and Control Exposure?
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workday

Workday, the new kid on the block of low cost, simpler ERPs continues to make significant inroads throughout the corporate landscape. The promise of low cost, low impact integration is certainly an attractive alternative in an area traditionally filled with obstacles and costs that keep enterprises locked into a well defined ERP path.… Read More

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Purchase to Pay Cycle: Smart Analytics Provide Opportunities for Greater Efficiency
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p2p gpoIt is generally accepted that organisations lose between 3—5% of their annual cost base to error, waste and fraud (according to many sources, including ACFE). There is much evidence that the cost of inefficiency is in fact higher. The biggest spotlight is on the Purchase to Pay (P2P or PtP) process (sometimes referred to as Source to Pay (StP) or Source to Settle) as the low hanging fruit of cash recovery, whether it be in error and waste in the purchase of goods and services, misuse of those goods and services or accounting issues in the invoice to payment cycle.… Read More

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