Almost all spend go through an invoice. An indisputable fact yet still much of the invoice handling process is too scattered and often quite manual. Why? To which extent are procurement and finance teams collaborating in your organization to take control over spend from an end-to-end perspective? On May 6th you who join Source 2 […]
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EBG | Webinars
EBG | Webinar: How Nokia is transforming its Procurement & Finance processes
And especially “How Nokia is transforming its Procurement & Finance processes with Celonis Execution Management System”. Welcome to join a hands on webinar where we learn more about process mining and Celonis Execution Management System. The market has been buzzing for some time now – process mining is a subject that continuously comes up in […]
EBG | Webinar: How AI is changing Procurement in 2021 and beyond
A warm welcome to the first EBG | Webinar of 2021! With lessons learned from the past year and reflections on what need to be achieved ahead, EBG invite you to join us together with Medius. Date: February 11th 2021Time: 2:00-2:45 PM CETPlace: Your computer/tablet/phoneLanguage: EnglishCost: Free of charge but requires registrationOrganizer: EBG | Network […]
EBG | Insights
EBG | Insight: Cloud service agreements, lock-in effects and data format issues
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 […]
EBG | Insight: CPO talk with Per Hill – finding ways to be both efficient and effective
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 […]
EBG | Insight: Was 2020 the final wake up call for digitization?
There are clear indications this must be the case. That the disruption having faced almost all businesses on a global scale will skyrocket the effort digitizing also supply chains. There are actions to take and considerations to be had. In this EBG | Insight interview we meet up with Bernhard Soltmann, Managing Director of Allocation […]
EBG | Insight: Shaping the future of businesses
There are a lot of demands on procurement these days. Be agile, stay connected with the markets and stakeholders, cut costs and increase growth, innovate production, inform all, stay informed, reduce risk and stay on top of all possibilities available. Having a CEO, CFO, functional leader AND supplier focus at all times. How do you […]
EBG | Summit News
Do you have an “AP first” approach?
Almost all spend go through an invoice. An indisputable fact yet still much of the invoice handling process is too scattered and often quite manual. Why? To which extent are procurement and finance teams collaborating in your organization to take control over spend from an end-to-end perspective? On May 6th you who join Source 2 […]
How can digitalization reduce costs and improve free cash flow?
Join Alexander Mutter, Head of Sales EMEA Region and Global Head of Capital Markets at Taulia Inc. and Lars Beckman, Managing Director Partner at CORE Process on May 6th. Discuss what impact different financing strategies can have on the buyer-supplier relationship as well as on actual costs. You who join Source 2 Pay Summit are […]
Corcentric join Source 2 Pay Summit 2021
A warm welcome to Corcentric joining Source 2 Pay Summit 2021 on May 6th, online. Many companies seek to improve cost control, innovation speed and cash optimization. On May 6th you who join the summit choose which Theme Discussions (online round table discussions) to join based on Your interests. Corcentric invite you to join their […]
Nordea join Source 2 Pay Summit 2021
In the quest to help each other, EBG | Network are happy to welcome Jacob Ejdelind, Automation/Digitalization Strategist at Nordea. Jacob will join the panel kicking off May 6th – the 11th annual Source 2 Pay Summit held online. During this panel we will digest how different companies within different industries organize what all companies […]
EBG | Play Interviews & Recorded webinar sessions
EBG Play | Beyond Trends: “10 Transformational Realities” redefining procurement
It was a handful, we give you that – as it so often is doing business today in a global environment. We were scheduled to meet online from Canada, India, UK, Sweden and the US – preferably on web camera. We almost made it! What we were able to achieve is to have several insights […]
EBG | Play: Finance and procurement – a fine romance or the best of enemies?
How can it be that it is still so hard to collaborate across functions? To find ways to ensure those great strategies are realized, savings met, automation enabled and cash optimization ensured. Welcome to not only re-view the recent session enabled by Basware but also send in questions and answer the poll questions! How does […]
EBG | Insight: Spend control through rapid access to information
In a recent post EBG wrote about studies indicating that an average contract compliance lies at about 30%. How can that be? Why is it so much of company spend is neither under management, control nor influence? Systems not being “filled” with enough data, catalogs and other purchasing options is one key element but according […]
EBG | Play: A toolbox for measurable purchase to pay automation
Hands up how many of you have had, have or will have a digitalization vision or premonition? For many that lie in the future but let’s say anything “e” in doing business? Anything electronic supporting business transactions, processes and ways of doing business is not new anymore yet reaching those visions may still prove to […]
EBG | Play: Aligning procurement & finance reducing wasteful spending
Aligning procurement and finance is an always returning topic within EBG | Network. Separate functions, KPIs, systems and how about organizations and even countries. It is not an easy task but the outcome can make huge difference. Difference on bottom line figures, difference enabling an organization to use correct data growing further and difference ensuring […]
EBG Play: Sourcing & Procurement BPO Benchmark
Almost six months ago, EBG held the first Online Benchmark Sessions focusing on Sourcing & Procurement BPO and Finance & Accounting BPO. Or – really – we focused on how large organizations tend to develop their operations and beyond. Within finance and accounting there has been a trend for a long time to centralize and […]
Focus Area: Source to Pay
EBG | Insight: Basware reflections and advice
As companies get out of the first acute crisis mode there may be time to reflect. How much insight did we have into our spend and cash? How dependent on manual touches are you to get your source to pay processes through? How well can you use your entire spend and cash data to predict […]
EBG | Insight: Spend control through rapid access to information
In a recent post EBG wrote about studies indicating that an average contract compliance lies at about 30%. How can that be? Why is it so much of company spend is neither under management, control nor influence? Systems not being “filled” with enough data, catalogs and other purchasing options is one key element but according […]
EBG | Insight: Working capital the essence of procure to pay efficiency
Ravindra Rao is Finance Director & Global PMO Leader at Honeywell. His knowledge in cross functional, cross organizational, cross industry process development comes from years of experiences. For ten years he has been working at Honeywell with finance transformation. Their strategy has been to pay vendors on time and work with both internal and external […]
Focus Area: Procurement
EBG | Play: How do you re-build an anti-fragile supply chain?
Since the COVID-19 pandemic is not a Black Swan – i.e we should have predicted and prepared for it. One may wonder if disruption is or will be the new normal? We may say “hopefully not” and the question still remain – what can we learn from disruptions like the ones we are currently facing? […]
How to secure compliance and minimize leakage in the source-to-pay process
Let’s face the facts. You may have done the mapping of processes and transaction flows. You have categorized suppliers and started to consolidate them. You have purchased a system and written the policy. And yet – you do not get the results you aimed for. Why? There are no simple answers to why! Is it […]
EBG | Insight: Swedish government taking public sector e-procurement one step further
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 […]
Focus Area: Sourcing
EBG | Play: How do you re-build an anti-fragile supply chain?
Since the COVID-19 pandemic is not a Black Swan – i.e we should have predicted and prepared for it. One may wonder if disruption is or will be the new normal? We may say “hopefully not” and the question still remain – what can we learn from disruptions like the ones we are currently facing? […]
Sourcing Outlook recap and Post Summit Report
The first Sourcing Outlook took place in Stockholm end October 2017. Creating and hosting a second annual conference wasn’t an easy decision – it had to be with a focus that felt fresh and to-the-point. Sourcing success due to business – buyer and supplier collaboration EBG decided from the get go that one aspect had […]
EBG | Insight: What is your contract management status?
EBG | Network continuously ask “the market” questions to try to learn more about what are prioritized areas and what the challenges are. Managing contract life cycles is such an area. Consider the amount of time spent and the trust built with numerous suppliers and still it has been really challenging enabling contract usage and […]
Focus Area: Risk Management & Sustainability
EBG | Play: Beckers Groups sustainability change management journey
How to move from silo CSR and sustainability code of conduct website statements to active performance measures and supplier collaboration activities is increasingly important for most large organizations. EBG | Network was happy to be able to share – in much detail – the work made by Beckers Group and not the least Thomas Lüder, […]
EBG | Play: Resilience and Sustainable Procurement
Is there a correlation? Between being resilient and sustainable? EBG | Network had the pleasure of hosting a webinar where Pete Rau, Operations Manager at EcoVadis shared his view in the matter. What did the audience think? As always with live poll questions there are additional questions and reflections coming up after poll results are […]
EBG | Play: Supply Chain Risk Management – tips and insights from Husqvarna Group
Before Easter, EBG | Network hosted a webinar enabled by riskmethods featuring Husqvarna Group focusing on how they have been and are developing ways to manage risk in their supply chain. Benjamin A Sutherland at Husqvarna group and Heiko Schwarz at riskmethods share their insights. Below is the recorded webinar session for you to view. […]
EBG | Play: Aker Solutions: Reputational and financial risk control
It is always a treat hearing real life experiences from different industries and with different angles based on the same premises. That today a lot of doing business has to do with managing and developing external supplier relationships. EBG | Network is very happy that Hilde Kjensjord, Senior Manager, SCM Governance, Risk & Compliance at […]