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Optimising financial processes

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“End to End” or “Start to Finish”? Purpose is the Answer . . .


“End to End” or “Start to Finish”? Purpose is the Answer . . .

I met friends old and new at this week’s Shared Services & Outsourcing Week Autumn conference in Amsterdam.

A little struggle to get flights home, due to a Northern European storm, but I hope everyone ended up in the right place today!

My one comment (for today) on Agentic AI is this . . .

Steve Fox and I ran a workshop, both fun and thought-provoking,  on delivering business value through “end to end processes”.

Thanks to everyone that participated.

Once again, I was struck by the ambiguity of the English language.

And even “end to end” is ambiguous. Everything (except a circle 😉) has at least two ends.

Those for whom English is a second language often ask me why we use the term, ”end to end” rather than “start to finish”?

Fair point !

A GBS service that manages and executes invoice capture to supplier payment has two ends, therefore it is “end to end”.

We have to “zoom out” and take a helicopter view of the core value of the business activities to our customers and shareholders/stakeholders.

The workshop stimulated some great discussion on this both during the session and in subsequent conversations.

President John F. Kennedy, during a 1962 visit to NASA, reportedly asked an office cleaner what they did for a living. The cleaner replied, “I’m helping to put a man on the moon”.  

The example was about a job role. Why don’t we apply the same thinking to our business processes?

Ask yourself, “what is the broader/bigger purpose of the core business process(es) that I participate in, lead or support?”

This seems like a powerful way to determine what the “start” and “end” of a truly “end to end business process” should be.

This is nothing to do with “Ownership” but ALL about stimulating “Value Creation”.

Food for thought.

As one example of genuine business value at speed, our benchmarks indicate that global businesses have a value equivalent to at least 0.07% of revenue ($7m for every $1bn of revenue) hidden in stale Balance Sheet liabilities that should be reversed into the P&L, both reducing costs and enhancing Working Capital in one stroke.

That is just one Quick Win for your 100 Day Plans.

“End to End” or “Start to Finish”? Purpose is the Answer . . .

Thanks for reading . . . .