SSON’s Shared Services & Outsourcing Week is a one-stop-shop for finance content. We’ve compiled 3 days of the best speakers and sessions for you to share with other finance professionals from around the globe. Register today for your opportunity to join the largest and longest running shared services conference.
Why Attend?
Finance and accounting have seen a shift in the past decade towards the GBS model with technology accelerating the pace of change. And after the pandemic, the need to digitize and automate financial processes is clear with hybrid and remote working becoming commonplace. Accounts Payable Automation, Modern Order-to-Cash, Digitized Procure-to-Pay, and more are priorities for organizations during their technology transformation. We understand the most pressing challenges finance leaders and workers are facing this year, and we’ve designed our program to meet your needs. At SSOW, you can design your agenda around what matters most to you. REQUEST A COPY OF THE AGENDA!
While the fears of economic uncertainty and global recession are grappling every business amid the COVID-19 pandemic, focus on cash flow - managing risk, maximizing liquidity from receivables, and optimizing worker capital - has become paramount for every business - big or small.
The pandemic put a spotlight on manual invoice processing and paper plagued workflows. Shared Services teams found themselves thrust into remote work with operations that still relied on paper-based processes executed with manual workflows and handoffs. The future of work includes remote work as a key component to renewed organizational design and workflows. How has work been redesigned as a result of what accounting teams learned from the pandemic?
The accounts receivable landscape has been changing at a rapid pace over the last several years. AR teams are currently seeing deductions and chargebacks go through the roof, and many are noticing difficulties with the order-to-cash process. In response, organizations are increasing their investment in automation to benefit these teams.
The lagging health of the O2C process is reflected across key metrics, which tell a somber story: DSO is up, deductions are up, money is being left on the table. However, not all is lost. Service delivery and sourcing models are being reevaluated with a preference for captives; and automation-driven technology is proving effective at recouping lost cash.
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