Aligning procurement targets to company targets, supporting the business and delivering results. Easily said but not so easily achieved? In far too many situations procurement and finance functions find themselves not reaching set targets, or trying to reach targets that simply aren’t aligned with overall business targets. What happen then is frustrated managers and even […]
Every year for the past four years, EBG | Network have created a cross functional, cross organizational conference day based upon the fact that in order to take control over both the physical and financial supply chain – an end to end approach is needed. This is not rocket science but take a look at […]
The Swedish National Financial Management Authority are recommending the use of PEPPOL infrastructure and message formats being used in future procurement and finance operations to and from public sector. The PEPPOL structure is aimed at cross border business and cross border transactions being sent. It can be used – as it is to some […]
What role will procurement take in future business development? No easy answers and for sure it differs depending on the type of business – but one thing is clear. We are seeing an externalization of business, having organizations invest many percent of revenue with external suppliers. What role should procurement take when value need to […]
Centralizing finance has been a strategy for many years now. The initial reasons are often to reduce administration costs and lower wage arbitrage as well as enable transactional control. Moving from a pure transactional perspective place other opportunities and challenges in the center such as: How can downstream accounts payable help develop upstream procurement and […]
There are few global organizations who are not looking at ways to leverage on their global purchasing power. Finding ways to unify control and execute common strategies along the procure to pay process takes time but is a crucial part in controlling spend, finding ways to reduce cost and enabling transactional follow up and control. […]
As downstream Shared Service Centers find themselves managing numerous errors, realizing the need for upstream process development, the question is – how do you enforce that? If touchless processes are the goal – in what ways do you influence metrics and behavior in sourcing and procurement departments? Nuno Guerreiro, Head of Accounts Payable at Sonae […]
Ever heard of buyers asking their suppliers for more structured invoice data? The debate about how to get suppliers to send e-invoices has been loud and clear for the past decade, at least from the buyer side. The benefits are clear on the buyer side but what about the supplier side? When the buyer side […]
When talking about e-invoicing it usually comes from a buyer perspective. Receiving an electronic invoice in its basics mean cutting manual handling costs. In the long run standardization and automation mean business control. But what about the suppliers point of view? Even though it is not necessary to actually send an e-invoice in order for […]
Date: Thursday November 20th Time: 11:30-12:15 AM CEST Language: Swedish Location: Your computer/phone/tablet Cost: Free of charge but requires registration Organizer: EBG | Network & OpusCapita >>Click here to register >>Click here to read a Swedish summary Do you remember what the world looked like 15 years ago? It seems only yesterday but we can […]
Date: Wednesday November 12th Time: 09:30-10:30 AM CET (10:30-11:30 Finnish time) Language: English Location: Your computer/phone/tablet Cost: Free of charge but requires registration Organizer: EBG | Network & OpusCapita >>Click here to register for the webinar It is a highly valid question. Just back from an international e-invoicing conference it was evident that managing and […]
There is a lot of talk about collaborative and connective relationships. It is fare to say that the possibilities today could enable a completely seamless and transparent approach to doing business. So are we? Take a look at and listen to two snapshots from this years Source to Pay Summit where Kate Vitasek gave a […]
Referring back to the apparent fact that far more of companies revenue go to external suppliers than for instance internal staff, there is no surprise that the idea of controlling the relationships and transactions going back and forth between buyer and supplier become more and more important. Having a No Po No Pay-strategy seem increasingly […]
Take a moment to consider source to pay as a process. What do you see when you look at the picture? A well defined structure and flow that can be managed and measured? Do you see the people behind the structure that need to comply to the process in order for the measures to be […]
There are numerous finance, procurement, CRM and other systems in the market. A lot has happened in the past, systems are merged as are companies. Finding the balance between knowing exactly what your organization is spending, how and why, is a challenge in itself. At Source to Pay Summit 2014 EBG brought together wise men […]
Date: Tuesday September 16th Time: 09:30-10:300AM CEST Language: Swedish Location: Your computer/phone/tablet Cost: Free of charge but requires registration Organizer: EBG | Network & Qlik Imagine having complete control over your direct and indirect purchase orders – covering billions of spend and affecting forecasting and sales in a huge way. EBG | Network are happy […]
If you have a CFO or CPO in front of you, you cannot be sure how they perceive procure to pay. Some focus on the end tail such as the invoices and some on the (sort of) front end i.e procurement. Still quite few oversee the entire flow from source to pay or procure to […]
Something is cooking, the traditional “moving-what-used-to-be-paper”-documents around in an organization is transforming into ways to use supplier and buyer relationships, processes and pure cash in more efficient and more valuable ways. To the surface comes realizing that many processes cut through organizations leaving room for errors and missed opportunities. Basware is one of the […]
It’s nothing new. The way people interact influence and control the ways in which businesses do business. The question might be what do businesses do with the possibilities at hand in order to create innovation and not only follow behind. Innovation and wage arbitrage does not by default go hand in hand. If wage arbitrage […]
In a recent interview with Alexander Reay from ITOSDA, a non profit organization driven by peers within the IT development area, he told about his view on IT development and CIO challenges. There are hardly any parts of any business that is not IT dependent or IT driven. Yet IT is in many cases fighting […]
As the demand to cut wage arbitrage and minimize administration costs keep growing, solutions like cloud services grow and will keep growing. Low cost, flexibility and agility may be reasons why cloud services are growing fast. Services in the cloud is of course here to stay and there are matters to consider when signing an […]
