• EBG | Webinar
  • EBG | Play
  • EBG | Summit
    • CPO Outlook 2022
    • Sourcing Outlook
    • Source 2 Pay Summit
  • EBG | Insight
  • EBG | Business Directory
  • About EBG | Network
    • Contact EBG | Network
    • Networking with EBG | Network
    • Privacy Policy

EBG | Network

Procurement and Finance Outlook Intelligence

EBG Play | Supply Chain Transparency…the Next P2P Evolution

November 7, 2019 By ebgnetwork

Spread the word

On demand webinar enabled by Tradeshift | Supply Chain Transparency – The Next P2P Evolution

Supply Chain Transparency…the Next P2P Evolution – a webinar hosted by EBG | Network enabled by Tradeshift recently and below you can view it all over again. Mike Jud and Jonathan Laverentz shared their different “up” and “down” stream experiences from years of working with different type organizations and technology.

The first reflection being that seeing supply chain and P2P (procure to pay) in the same sentence doesn’t happen too often. Not that supply chain processes doesn’t indeed go through every step of identifying a need, sourcing, possibly designing a contract, communicating the contract, enabling purchasing of goods and services, receiving of goods and services and paying for the goods and services. No more because the discourse has been cutting the process in pieces and due to have system providers traditionally have been created – from the upstream sourcing and procurement perspective on one hand or the downstream accounts payable perspective on the other hand – the very clear end to end flow has until now not also been defined as supply chain.

Are you making the horse run faster or…?

The two things EBG | Network appreciate with doing webinars are being inspired and getting concrete ideas.

  • Are you making the horse run faster or are you transforming how you do business?
  • Are you seeking to become more electronic as in turning what was paper into electronic documents – or are you seeking to go digital as in using networked data and adapting to changes beyond your traditional buyer and seller perspective?

The above two questions open up different perspectives on P2P and they are great questions to be asked. Is pushing what was once manual and paper based faster a goal to strive for? It taking 1 day instead of 20 for an invoice to reach accounts payable or a payment not being delayed but actually paid on time.

On demand recording

Take a look at the on demand session

How transparent is your supply chain

The one poll question to share is asking the live attendees how transparent they perceive their supply chain is.

How transparent is your supply chain

And of course this is a very valid question to ask. Consider the “horse” question and we can understand why. Noted that a few respondents probably joked with us but we are ok with that!

If you can only tap into up to 66% of your entire supply chain – what possibilities are lost?

Source to pay digital transformation

Earlier this year, EBG hosted a webinar also enabled by Tradeshift where Roy Anderson, CPO at Tradeshift and passionate about changing the perception of what supply chain management is and can be. Below by clicking the image or >here (opens in a new tab)”>>>here you can re-view that session too. A key aspect from that session for EBG was calculating how much time procurement spend on ad hoc and administrative tasks versus strategic and forward looking tasks.

Summary

Given that many organizations are still working in silos with silo KPIs it is no wonder we ask the horse to run faster. But. There is a debate what is to become with today’s working force as more and more of doing business is automated. Connecting the dots within an extended supply chain network – from procurement to accounts payable to treasury – is one such thing that can be done and need to be done and people will have to play a big role in making that happen.

About Tradeshift

Founded in 2010, Tradeshift is the world’s largest business commerce platform that connects buyers and sellers. Tradeshift connects over 1.5 million companies across 190 countries, processes over half a trillion USD in transaction value yearly, and has a marketplace containing 28 million SKUs. It offers solutions for procure to pay, supplier engagement and financial services, and enables companies and partners to build custom or commercial apps on its business commerce platform.

Tradeshift is headquartered in San Francisco, with offices in Copenhagen, New York, London, Paris, Suzhou, Chongqing, Tokyo, Munich, Frankfurt, Sydney, Bucharest, Oslo, and Stockholm. tradeshift.com


Spread the word

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.

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

Find what you are looking for

EBG | Webinar

EBG | Webinar: Smoke signals: Cascading trust down all tiers of your supply chain to build resilience and advantage

You probably do not have a full understanding or overview over your entire supply and supplier base. Maybe you cannot follow through all aspects from source to pay such as supplier performance, supply delivery according to contracts, line level follow up on goods received nor an invoice match. You are not alone. Yet the demands […]

Newsletter opt-in – don’t miss out!

Name

Title

Company

Email-(only corporate addresses will be communicated with)

Leave this field empty
I agree to the processing of my personal data

CPO Outlook 2022 | October 12th & 13th | Stockholm & Online

Learn more about EBG Networking

Networking with EBG | Network

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

Clock the below link to enter the directory

EBG | Business Directory

Recent articles

AstraZeneca join CPO Outlook 2022

A warm welcome to Cecilia Persson, Head of Global Procurement Indirect & Enabling Functions at AstraZeneca joining CPO Outlook 2022. Cecilia invite you to join her Theme Discussions, round table discussions on October 12th. Her discussions will focus on sustainability from a procurement perspective – much needed experience exchange! On October 12th and 13th you […]

MTR Nordic Group join CPO Outlook 2022

EBG | Network welcome Benny Hall, CPO at MTR Nordic Group to CPO Outlook 2022! How do you keep category management strategies and plans agile? With all disruptions in supply chain today how to you adapt? How are your strategies truly connected to business acumen? This and more will be discussed during the Theme Discussions […]

GEP join CPO Outlook 2022

A warm welcome to GEP joining CPO Outlook 2022 as an Expert Organization! On October 12th and 13th you who join us in Stockholm can choose to take part in Theme Discussions hosted by GEP. Together with a peer group and GEP you can explore their and the peer group experiences in a certain area. […]

H&M join CPO Outlook 2022

And we are live! Welcome to register to what has been and will be the best investment you can do. At least if you want to learn from peers and experts in an informal yet very point of view way. If you want to make reality of those strategies we know you all have. EBG […]

C2FO join CPO Outlook 2022

There is still huge amounts of cash untapped in procurement and the supply chain. In the past businesses used days payable outstanding to borrow cash from suppliers. The longer payment terms the better use of working capital. Or? Today there are a multitude of factors businesses need to take into account – having a fruitful […]

Join the EBG | Network

Copyright EBG | Network © 2010–2022 · Log in

This website uses cookies to improve your experience. You can opt-out if you wish Accept Reject Privacy Policy
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT