Finance Process Automation Open House

1-2 DECEMBER, 2015

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SSON December Open House 2015


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Welcome to SSON's Finance Process Automation Open House – a virtual online event running in December. To date, we have had more than 2,400+ practitioners register for our Open House forums, testament to the popularity of this venue. The final of this year's not-to-be-missed sessions takes place at your desk on December 1-3.

The Open House is designed to showcase solutions that have proved successful for other practitioners, introduce the latest in automation technology, and share valuable tips on how to collaborate with solution-providers to get better results. Join us for 3 days of case studies, demos and Q&A on the latest solutions and services – without leaving the office!


In the upcoming Open House the focus is on Process Automation – one of the top themes on practitioners' agendas right now.


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Events Highlights

The success of modern day Finance operations hinges on automation. Most of today's technology providers have already, in effect, been selling packaged automation for decades. But their R&D departments are constantly fighting to keep up with customers' changing demands for faster, more valuable, and reliable solutions.

Process automation is one of the most exciting innovations in technology. While automation already underpins many of your activities (though the reams of paper still flowing through your systems are testament to the fact that there is still a long way to go), what differentiates today's "robotic process automation" is the lower cost of engagement, faster implementation, and direct impact it offers to a wide variety of finance processes.

In addition, automated solutions offer improved access to valuable data analytics. And analytics,  according to a recent report by Everest Group, is the fastest growing market within business services.

The finance process automation open house will cover many of these themes,  as well as how to prepare for them, over the course of three days:

DAY ONE:  Automating Accounts Payable


Accounts Payables still offers one of the greatest opportunities for improvement through automation. These sessions will identify the biggest gaps in today's AP processes and highlight what they are costing you. It will also, by way of a case study, show you what others have achieved by leveraging automated solutions. If you are considering transformation within finance, start with Accounts Payable.

DAY TWO: Best-of-Breed Solutions Support Global Process Automation


Automating inefficient or sub-par finance processes simply means embedding inefficiency into your systems! So start with efficiency as a culture before introducing automation. Schneider Electric's European GBS Center will explain how to introduce "Lean" into your Finance processes, paving the way for further process improvements leveraging automation.

In the second session, you will be introduced to a broad range of best-of-breed technologies that can deliver the benefits you'd expect from automation – and much more. Don't miss these sessions, and the change to engage directly with our presenters to get answers to your questions.

WHO?

If you carry responsibility for the performance of financial services in your organization, this event is for you! 

  • Are you currently looking for new solutions relating to financial process automation?
  • Are you actively seeking benchmarking and performance data?
  • Do you want to keep up-to-date with new technology?
  • Do you want to hear from other practitioners facing similar challenges to yourself?
  • Do you want to find out more about robotic process automation and what it can do for you?

WHAT?

A series of online interactive presentations highlighting opportunities for finance to integrate process automation.

WHERE?

Log into these online sessions from your PC, iPad, smartphone… Wherever you may be. And don't worry: if you can't join us live, registration ensures that you will be sent a link to watch any or all of the sessions 'on demand', at your convenience.  But you do have to register to receive these links.

WHY JOIN?

No organization can afford to fall behind. Finance is the lifeblood of the enterprise and today's trends towards increased automation means teams are being freed up to offer more valuable services.

"Join us for 3 high-impact days of presentations, discussions and development!"

 


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Agenda

Available Now

2015 Financial Leader’s Benchmarking Report – Essential Global Insights from AP, P2P and Shared Services

Danny Thompson

Earlier this year, APEX Analytix released their 2015 Financial Leaders’ Benchmarking Report – a review that canvassed some of the world’s top financial professionals to provide in-depth global insights on AP, P2P and Shared Services best practices.

The results were astounding:

  • 45% of AP organisations do not track whether they are capturing all available discounts from suppliers
  • 64% of AP organisations fail to report on monthly cash discount performance to senior leadership. 

The role of recovery audit in AP is more important now than ever before. Without the right monitoring and reporting procedures, you could be losing all the savings gained through negotiated deals and could literally be giving money away.

This webinar captures the key take-away points of the report to help you work smarter within your Shared Services team. Includes exclusive insights from a leading industry practitioner. 

Presented by:


Panelists:

Danny Thompson, VP of Software Product Management, APEX Analytix


Available Now

University Hospitals Shared Services: A Road to AP Automation Success

Art Sarno
John Vujevich

University Hospitals’ shared services center transformed its accounts payable process and drove efficiency across the organization. The leading Ohio-based U.S. healthcare system generates US$2.8 billion in annual revenue and employs 20,000 employees in 20 locations.

By automating their AP processes, University Hospitals dramatically reduced its invoice approval times, increased staff productivity and gained visibility into its processes for optimization.

Hear from John Vujevich, Financial Systems Project Analyst, as he shares his experiences on the AP automation journey and how the shared services center achieved results such as:

  • Reduction of approval cycle times by 83%

  • 78% more invoices processed without adding FTEs

  • Performance metrics and other analytics captured to measure and improve processes

  • Customer satisfaction and improved perception of AP and Finance

Art Sarno, Product Marketing Director at Lexmark will share some of the key solutions used by satisfied customers like University Hospitals to improve their AP efficiency.

Register for this webinar to learn how your AP organization can create a successful path to AP efficiency. 

Presented By:


Panelists:

Art Sarno, Product Marketing Director, Lexmark


John Vujevich, Financial Systems Project Analyst, University Hospitals


Available Now

Driving Lean Habits Across Global Finance Centers

Teresa Rondomanska

All performance improvements have to start with a strict review of the "as is" scenario. That is the basis of the successful "Lean" approach that you will hear about in this session. 

Schneider Electric's Teresa Rondomanska, lead of Global Finance SSC, will explain how she designed and instigated a "Leanergy"  strategy for Finance, based on factory best practices, and rolled this out across the Polish Finance Shared Services. The success of this implementation has led Schneider Electric to roll Leanergy out across the rest of its global centers. 


Panelists:

Teresa Rondomanska, Global Leanergy Director, Schneider Electric Finance Shared Services


Available Now

Automation Best-of-Breed Solutions Support Global Clients’ Financial Automation and Control

Amy Harvey
Stephen Vallance

According to Gartner, the world’s leading IT research and advisory firm, solutions addressing ‘the last mile of Finance’ and ‘financial governance' have expanded to include functionality currently missing from ERP and CPM platforms. These enhanced finance controls and automation solutions present innovative opportunities to improve the finance function.

Case Study: Stephen Vallance from Sysco Foods will be presenting his automation story: Sysco has been using T-Recs since January of this year.

For more than 20 years, Chesapeake System Solutions has provided “best-of-breed” software solutions for automated reconciliation management and financial close automation, treasury/cash/liquidity management, unclaimed property compliance, bank fee analysis, bank account management, and Internet data aggregation. Join this session to learn how these solutions support the automation of time-consuming financial processes and eliminate manual inefficiencies.


Panelists:

Amy Harvey, [formerly Treasury Systems Manager at Arby's], Chesapeake System Solutions


Stephen Vallance, GL Lead/Chesapeake Administrator, Sysco Corporation



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About the Organizer

The Shared Services & Outsourcing Network (SSON) is the largest and most established community of shared services and outsourcing executives in the world, with over 100,000 active members globally, and in existance for over 15 years. SSON provides a platform through which industry experts and leading organizations share their experience, knowledge and tools, and connect with each other from all over the world.
SSON’s global portfolio includes:
  • SSON IQ – the world’s most comprehensive and SS&O dedicated online resource and content center; 
  • Shared Intelligence – a new and exclusive practitioner-only online community;
  • SSO Pro – a specialised training course and certification program; and
  • SSON Events – ranging from flagship conferences to niche workshops all over the world.
Dedicated to practitioners running shared services, outsourcing and transformation initiatives, SSON acts as a catalyst for conversationconnection and change that inspires the growth of the service delivery industry. Access the SSON IQ today (free membership requires one-time registration).

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Sponsorship Opportunities


Serkan Ibrahim

Head of Online Strategy

Shared Services and Outsourcing Network (A Division of IQPC)

info@ssonetwork.com | www.ssonetwork.com

P: +44 (0)207 368 9513 | M: +44 (0)77 0318 9768  |  F: +44 (0)207 368 9547

Contact Serkan Ibrahim for more details on how you can share your case study today!

Past Sponsors


Meet Your Speakers

Danny Thompson

Danny Thompson


APEX Analytix

Danny Thompson is VP of software product management at APEX Analytix and is responsible for defining, communicating and leading our company's software product strategy and roadmap. He works closely with our customers to ensure that each solution helps them meet their business objectives. 

Danny has a proven track record in the procure-to-pay arena, with a strong background in ERP implementation, process automation and financial shared services. He previously was VP of product management at Tungsten Network, a global business-to-business e-invoicing firm.  He also is a former global process driver for invoice-to-pay at Pfizer. Danny earned his BA degree from Harding University.

Art Sarno

Art Sarno


Lexmark

Art Sarno, Product Marketing Director at Lexmark, has held senior marketing, sales and operations positions in the areas of social media and big data analytics, enterprise content management, imaging and document management, business process management and business intelligence. Prior to Lexmark, Art held positions at Infegy, OpenText Corporation, Cognos (now IBM), IntelliCorp, and Unisys Corporation, where he received the “Outstanding Achievement Award” for contributions in establishing the metadata management and repository market. 

Art is a graduate of the General Electric (GE) Marketing Development Program and a credentialed mathematics, science and business teacher, with a credential in Cross-cultural Language and Academic Development. He holds an MBA in Finance and Information Systems from Carroll School of Management, Boston College, and an ED Certificate in Math and Science from The Graduate School of Education, Harvard University.

John Vujevich

John Vujevich


University Hospitals

John has over 40 years of accounting systems experience and has been associated with University Hospitals since 2002.  He has been the lead functional analyst for the implementation and utilization of Kofax from Lexmark products within the Payables organization, enabling it to transform into a shared services unit using Oracle E-Business Suite, Capture, KTM, KIC, MarkView Payables and Self Service Invoicing.

Teresa Rondomanska

Teresa Rondomanska


Schneider Electric Finance Shared Services
Amy Harvey

Amy Harvey


Chesapeake System Solutions

Amy Harvey is now with Chesapeake System Solutions

Stephen Vallance

Stephen Vallance


Sysco Corporation

Stephen joined Sysco in 2006 as a Staff Accountant in Columbus, Ohio. In 2011, Stephen transferred to Cypress, Texas in 2011 to open the Sysco Business Services center. He currently serves as a GL Lead/Chesapeake Administrator. Stephen has a degree in Finance from the University of Toledo.

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.

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