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. 

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
BLOCKCHAIN GOES GLOBAL

Understanding Blockchain basics will provide a foundation for its global application and use cases. The answer to the question ‘what value do you provide’ changes in the Blockchain environment. Peer to peer impact is achieved by a defined chain of custody stemming from a secure, common database. Blockchain is based on the removal of winners and losers through a system based on coopetition.
In this session, Dale will discuss:

  • Use cases in the global marketplace
  • What does the C-Suite need to know
  • Direct application at FedEx
Presenter: 
Dale Chrystie, Business Fellow, Blockchain Strategist, FedEx; Chairman - BiTA Standards Council


1130 - 1200 US ET
BLOCKCHAIN USE IN PUBLIC SECTOR

Blockchain provides a level of transparency desired by customers of public sector organizations, including taxpayers, which is rarely found in other types or programs. How does Blockchain compare to other technologies in analysis, design and its application to business problems? In a trusted environment, with smart contracting in place, how are change management and stakeholder management affected? In this session, we’ll explore:

  • Recruitment as an HR use case
  • Factors that make public sector adoption appealing
  • Industrial and societal aspects
Presenter:
Lisa Turner – Chapter Lead, Columbus Chapter - Government Blockchain Association


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. Drawing upon his experience with transportation and supply chain logistics, Dale is now focused on Blockchain technology in the areas of strategy, business applications, and aligning companies in this space. He will outline how the technology contribution to supply chain Optimization. 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.

Speakers

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.