Over the past year, COVID-19 forced rapid adoption of automation and virtualization technologies and practices to keep businesses open when work moved from offices to the home. Shared Services teams have been pushed to their limit adapting their organizations to the new working conditions, often using available automation tools to focus on repetitive back office tasks. While back office tasks were the obvious place to start, artificial intelligence (AI) can bring automation to difficult skilled work, enabling your knowledge workers to multiply their productivity.
Key learning points
Shared services have proven resilient in these uncertain times. However, as many industries still have not rebounded, to stay solvent, companies are looking to reinvent their operating models, optimizing processes together for maximum efficiency gains. Join this session to learn from a group of C-Level shared services executives who will guide you through this new type of work, how technology is enabling the work, the efficiency gains and overall workforce engagement as a result.
Financial close automation can provide insight into how to navigate the current economic environment, while also providing for sustainable transformation within your SSC or GBS. As teams consider the virtual experience of financial closing, many are finding out that their technology investments to support the process are lacking and yet are critical for success. Looking ahead, moving away from the tedious, manual tasks of the financial close process (whether insourced or outsourced) to focus the majority of time and effort on analyzing data will help drive the strategic direction of the business.
• Top-of-mind shift in challenges for F&A leaders as we move past the COVID-19 crisis
• The reduced risk in virtual close as technology takes over judgmental work
• How technology can strengthen the compliance framework of the retained and outsourced organizational teams
VIDG 1: Shared Services Cost Optimization Techniques to Balance Reduced Business Volumes
VIDG 2: Automated Recruitment & Onboarding for Your Remote Workforce
VIDG 3: Redesigning Work and Workflows for Business Resiliency
VIDG 4: The Hidden Benefits of Profit Recovery: How Accounts Payable Recovery Audit Programs are an Essential Tool to Boost your Bottom Line