(Use Google Chrome or Mozilla Firefox to secure your place)

Blockchain has the potential to disrupt the need for middlemen to complete financial transactions. According to the World Economic Forum 10% of the global GDP will be conducted over blockchain by 2025. What does this all mean for Shared Services? What are the implications and benefits for F&A processes?

SSON has designed this 1-Day online complimentary event to teach you the basics, assess how blockchain is an opportunity for shared services, and map your first steps towards implementation. 

(Use Google Chrome or Mozilla Firefox to secure your place)

Agenda - Thursday 25 July 2019

0930 - 1000 US ET
THE BLOCKCHAIN DICHOTOMY:  GOOD FOR HUMANITY, BUT IS IT A FIT FOR YOUR BUSINESS PROBLEM?

When ‘World’ is actually in your organisation’s title you bring a unique perspective when examining technology tools. With its objective to ‘influence and educate client countries’ the World Bank Group takes on a responsibility to apply innovative knowledge and solutions. In the big picture of a social mission to help build up developing countries many use cases can be identified for blockchain.  But how does it correlate when it’s brought in a Shared Services or individual function context?  
In this session we’ll explore:

  • Factors to consider to know if blockchain is the best tool for your problem
  • The critical mass test
  • What are the costs of entry when implementing blockchain
Presenter:
 Kenny K. Cheung, Chief of Procurement, The WORLD BANK GROUP 

1030 - 1100 US ET
PANEL: GETTING STARTED WITH BLOCKCHAIN: DESIGNING AND IMPLEMENTING A PROOF OF CONCEPT

Some Shared Services Organizations are actively partnering with their enterprise Innovation Labs to develop use cases for blockchain, leveraging their subject matter expertise and processing capability to promote learning and to build up a knowledge base around blockchain. In this session, you will learn:

  • How to evaluate the most promising focus for your proof of concept , and why you shouldn’t go too big
  • Who needs to by involved to avoid derailing the PoC down the line
  • How to define success criteria and start thinking ahead to implementation

1130 - 1200 US ET
BLOCKCHAIN FOR PAYMENT CLEARANCE, PAYMENT CONTRACT AND PROCURE TO PAY

Most payment processes consist either of manual paper processes or file/e-documents exchanges involving multiple parties. The payment cycle takes days to complete, and any exceptions or errors will further delay the process. The distributed ledger nature of blockchain establishes the pre-requisite of connecting all the parties in a financial transaction in real time and simultaneously, opening up the possibility of processing the payment across all sides at the same time while supporting an audit trail and reducing the chances of fraud or security breaches.

1300 - 1330 US ET
HOW IS BLOCKCHAIN RELEVANT FOR SHARED SERVICES TODAY?

Given shared services’ customer-centric model – connecting business groups and customers in conjunction with other stakeholders – there is no group better placed to understand customers’ objectives, pain points and opportunities.  Shared Services delivery centres are uniquely positioned to identify, propose and drive opportunities that deliver end to end performance across the business.  Referencing Accounts Payable as an ideal use case to illustrate the need to check, verify and pass status information between parties.  Blockchain fills the space where trust is missing and alleviates and the back-and-forth between systems.  In the session we’ll explore:

  • How Blockchain is more than bitcoin and crypto-currencies
  • Reasons to approach Blockchain as a tool to solve business problems vs an IT project
  • Stakeholder challenges – how to get all parties needed onto the platform

1400 - 1430 US ET
GETTING STARTING:  FINDING THE RIGHT USE CASE

Many organizations getting started with blockchain are faced with the challenge of finding the right use case and delivering on the required business outcomes.  Procurement has emerged as a good fit use case but there are many more, such as supply chain, auditing/compliance, Finance and HR.  Inefficiencies in the public sector provide particularly lucrative opportunities as building a solution involving a blockchain data layer on top of legacy systems can create an entirely new user experience. In the session we’ll explore:

  • Common elements of use cases that are prime for blockchain technology
  • Examples of blockchain uses as a revenue generator
  • Link between blockchain and compliance use cases (i.e. food safety recalls)

1430 – 1435 US ET
CHAIRWOMAN’S CONFERENCE CLOSING REMARKS

Join in as our Chairwoman shares her key takeaways and highlights from the summit.

FAQs

How do I join the online conference?

Register above using the form and your login will be emailed to you a week before the event. Your session access links and final agenda will be emailed to you one week prior to the conference.  

How much does it cost to attend?

The Blockchain in Shared Services online event is completely free to attend. 

Where is it located?

This is an online conference, which means that it can be accessed anywhere in the world through a desktop, laptop, mobile device or tablet.  Audio and presentation viewing is accessed through an internet connection.

Can I access the slides post-event?

All presentations will be available after the conference via the on-demand recording link.   When presenters have also approved for their slides to be available for download they will be made available in the Resource List folder inside the session and also in the digital gift bag post-event.