The last year has affected every business and meant that they need to look at different ways of digital working. But the accelerated digitalization brought upon businesses worldwide is far from complete. Global CFOs and CIOs worldwide are investigating strategies to simplify complex and time-consuming operations while preventing workflow disruptions and maintaining productivity levels.
As workplaces gear themselves up for another potentially eventful year, innovative solutions may be key to peel off unnecessary labor from all financial operations. Facilitating remote working, removing manual activities like paper invoice processing and quickly identifying and preventing issues are some of the ways top leaders can focus on growth while adapting to a revolutionized work environment. By digitalizing repetitive tasks, competitive companies can free up working capital and redirect their efforts towards more value added activities.
- In what way is digitalization bound to shape financial operations?
- What tools are available to enterprises in their quest towards the most effective use of their resources?
- How can modern solutions help businesses remain competitive in an increasingly globalized economy?
Shared services has evolved greatly over the years but the argument can be made that in some cases, in the mad dash to prove its worth with flashy valued added activities, some FSSOs have forgotten foundational strategies that can have huge impacts. The pandemic changed all that as people had to work smarter and find wins quickly to keep organizations afloat. Many of these activities revolve around a single necessity: ownership and accountability. In this panel, Finance Shared Services heads will discuss some of these quick wins they’ve found as well as ones that have fundamentally changed how the organization works. Topics will include:
· Strategies to make team members more accountable for targets and results
· Taking a step back for a broader view of business needs, ensuring you’re working smarter, not harder
· When to push employees and when to let them push back: building and maintaining a team mentality for increased productivity and engagement
Shared Services and Global Business Services are set to double down on finance digitization to reach new heights in service delivery. During this data rich session, attendees will receive highlights from SSON’s State of the Industry Survey 2021, providing insights on end-to-end process performance, governance, technology and world-class benchmarks. Attendees will also participate in a live demonstration of SSON Analytics benchmarking tool to learn how the Top 20 Most Admired SSOs in the world perform across key E2E processes.
Cash flow management is always a priority. But what COVID-19 has shown us is that it can mean the difference between life and death for a company. Even for organizations who haven’t been adversely affected by this particular crisis, the next one could be right around the corner, and without risk assessment and scenario planning, they are risking huge disruptions to their customer base and supplier network. Join this roundtable to benchmark with your peers and see who’s an A+ and who needs a tutor.