Optimising financial processes

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P2P Cycle: Smart Analytics for Greater Efficiency; How To Create a World Class Finance Function; 3 Keys to GPO Success

In this issue: +++ P2P Cycle – Smart Analytics for Greater Efficiency +++ How To Create A World Class Finance Function +++ 3 Keys to GPO Success +++ 

P2P Cycle – Smart Analytics for Greater Efficiency

Whether it be due to over-complexity, waste, error or fraud, the cost of inefficiency in the purchase to pay (P2P) cycle is one of the lowest hanging fruits for process improvement in the business.

We have shared some of our experiences in helping companies optimise their P2P Cycle, which may be helpful, whether you are a seasoned Global Process Owner (GPO) or initiating some P2P process improvement activities for the first time.

You’ll find our thoughts here

How to Create a World Class Finance Function

It is clear that achieving World Class Finance is not as simple as following a step by step guide. However, these eight key differentiators highlighted by PwC are a good guide and provides some food for thought about where to focus management attention and energy…

Read here

3 Keys to GPO Success

After interviewing a number of top Global Process Owners (GPOs) from leading companies and pulling together their experiences and advice, sharedserviceslink share the top 3 priorities of a world-class GPO, and how the role can drive significant value for the business.

To read the full article, click here

Consider Solutions will be presenting and leading a workshop at the sharedserviceslink Procure-to-Pay Leaders Summit in London in June, on the topics of P2P process improvement, Global Process Ownership and smart P2P analytics.

Click here for further details of the event

Upcoming Webcast:

Keeping on Track with Infor Risk and Compliance 10 (Approva Bizrights)

For more details and to register your attendance, click here