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Procurement and Finance Outlook Intelligence

Ericsson join Source 2 Pay Summit 2018

December 13, 2017 By ebgnetwork

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Back in 2016 Ericsson joined Source 2 Pay Summit sharing their road map towards  spend control, transparency, automation and optimization with increased compliance and improved analytics as areas to develop.

You can imagine the scope given the then about 119 000 employees in 180 countries, the tens of thousands of suppliers, millions of processes invoices and billions in external spend.

Which of the following do you perceive as your biggest challenge?

A live poll question asked by the Ericsson team back in 2016, below the result. What would the results be in 2018?

The decision to start the purchase to pay program was taken in 2015 and on April 24th 2018 Ericsson will share what has happened since! A warm welcome to Lotta Carlsson, Head of Sourcing Process Management who was also present in 2016 and Peter Ringström, Program Management Office (PMO), Group Sourcing at Ericsson.

Source 2 Pay Summit 2016

What we really liked to hear was the end to end perspective being driven from upstream sourcing! Do join us in 2018 to learn more and compare experiences.

About Ericsson

Ericsson quick facts:

Founded: 1876
Parent company: Telefonaktiebolaget LM Ericsson (publ)
Global headquarters: Stockholm, Sweden

Financial facts

Net sales, Q3 2017: SEK 47.8 billion
Operating income Q3 2017: SEK -4.3 billion

Listed: NASDAQ OMX Stockholm and NASDAQ New York

Number of employees worldwide

South East Asia, Oceania and India: 26,396
North East Asia: 12,945
North America: 10,665
Europe and Latin America: 50,832*
Middle East and Africa: 5,014

Total 105,852

About Source 2 Pay Summit 2018

What can you tell about you total external spend? Are you buying more and more rather than making “it”? Do you have a de-centralized or centralized organization, i.e are you able to align your strategies with those in need and in charge of enabling them? Are you able to forecast actual figures or are you using contracted and estimated figures?

Source 2 Pay Summit 2017

Some tend to say source to pay is about operational excellence – we ask – is it possible to enable strategies to come true without having a plan for and following operations up end to end? What are strategies without proper governance?

EBG | Network like to say that source to pay is at the heart of making highly strategic decisions and business development plans become a reality.

Welcome!


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EBG | Network was founded in 2010. A cross functional, end-to-end business network focusing on improved sales and forecasting, increased spend under management and financial supply chain control. EBG bring people together online and in person who can help each other grow and develop.

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>>Download the EBG Services Overview to learn more about what we do

EBG is managed by Anna & Lars – partners in business and life. Contact us today with any type (business) related questions! Contact us using the LiveChat function below.

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Anna Bjarkerud

Anna Bjarkerud

anna@ebgnetwork.com +46 735819302

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Lars Bjarkerud

Lars Bjarkerud

lars@ebgnetwork.com +46733500343

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CPO Outlook 2023 | October 18th & 19th | Stockholm

Having enabled true networking among peers and experts since 2010 it was evident that EBG | Network fill a gap when we finally could meet again in person in 2022.

In 2023 we meet again in Stockholm on October 18th & 19th. Are you a practitioner and want to host round table discussions or a workshop? Based on the very simple question “What would You want to discuss and share experiences about with a peer group?” Contact EBG for a discussion

Do you offer services or solutions for the end to end procurement community and want to have informal yet very concrete discussions? Contact EBG for a discussion.

What EBG offer is unique. Based on a solid understanding about change management and how to create networking meetings.

CPO Outlook 2023 Expert Organizations

CPO Outlook 2022 | Thank you to all who joined!

Download the 2022 program >>here or by clicking the image below (PDF)

Visit the Post Summit Page >>here

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EBG | Business Directory – learn more about the market

EBG | Network will be listing competences and solutions in the area EBG work. Source 2 Pay is a broad area including everything from sourcing tools to cash management solutions. EBG do not help choose – but have a lot of material to share!

Follow the link below to the EBG | Business Directory

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