The art of change. The art of managing change. The art of managing strategic change. The art of change in a strategic way. Ask anyone and change management is on the top list of what is perceived the biggest challenge in any large organization. Why is it so hard to realize strategies? Strategies followed by […]
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 […]
EBG | Insight: EFFSO about the development in category management BPO in the Nordics
Outsourcing has been a part of strategies in a number of business areas due to different reasons. One main reason being to focus on core business processes and let other professionals take care of manual and transactional processes and flows. One, perhaps even bigger reason, has been to reduce cost – cutting wage arbitrage has […]
EBG | Insight: CPO Talk with Dr. Marcell Vollmer, CPO at SAP about aligning from source to pay
It is fair to say that the possibilities in keeping control and gather the facts in any type supply chain has increased dramatically past ten years. At the same time, more of businesses have been externalized and finance and procurement as we once new them does not look the same. What we buy and how, […]
EBG | Insight: The promise in “e” is the promise of any future strategy
First published in May 2013 – this interview is still valid and we’d like to push it again. Quite often discussions about e-procurement and e-invoicing tends to focus around – the e – rather than the process itself. E as in electronic as in systems and IT. It is however clear that “e” is more […]
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: 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 […]
EBG | Insight: CPO Talk with Björn Stenecker – Category management influencing compliance strategies
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 […]
EBG | Insight: CFO Talk with Mikael Ebefors – Shared Competence Center’s part of end-to-end control enablement
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 […]
EBG | Insight: Unifying control with common strategies enabling global purchasing power
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. […]