Optimising financial processes

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Something to Consider: Global Process Ownership Top 10

Something to Consider September 2017 2

Global Process Ownership: Lessons from the Leaders

Global Process Ownership is now one of the key roles in Digital (or indeed, any form of) Transformation.

In fact, if you are not responsible for a global process, either as a stakeholder, change leader or a participant, it might be time to worry!

Whether you are a GPO or otherwise responsible for a core finance process such as Purchase to Pay, Order to Cash, Record to Report, an enabling process such as “Hire to Retire”, “Process & Systems Enablement” or “Financial Control & Compliance“, “Risk Management and Assurance” or a genuine ‘Silo-Buster’ such as Source to Pay or Working Capital Management, you have a complex set of challenges.

I was lucky enough to recently spend time with some of the most experienced Global Process Owners across an array of global brands. It became clear that both the challenges and keys to success are shared in common. They discussed great insights on process innovation, stakeholder management and the complexity of carving your own path with the role. I have summarised the top 10 takeaways here: click here to read

Our ‘Something To Consider’ snippets are framed as small, digestible, ‘dashes of insight’ around the pillars of what we define as “World Class Finance” – Process Optimization, Financial Control and Compliance, and Risk Assurance, all underpinned by technology enablement and integration.