ASIA’S NO. 1 SHARED SERVICES & GBS EVENT

Safeguard Cash Flow by Driving Spend Governance and Compliance around Employee-initiated Spend in a Post-pandemic Future

Wednesday, 6 July 2022 | Online (Singapore time)

Synopsis:

Faced with inflationary pressures, supply chain constraints and a looming recession, organizations must pay close attention to their employee-initiated spend and safeguard their cash flow. With the permanent shift to flex work and increased attrition due to the great resignation, this is no easy task given that organizations need to provide a frictionless process for their employees while driving spend governance and compliance simultaneously.

• According to Oxford Economics Report: Empowering Your People, greater than 50% of employees want to have some form of remote work. However, only 38% of employees agree that their organization’s policies and technologies enable effective flexible work.
• According to The Future of Finance 360 Degree Cash Flow Visibility and Control by Forrester Consulting, they found that siloed processes and incomplete digital transformation hinder progress. For example, 49% of organizations lack AP automation while 51% struggle with a lack of payment digitization.
• According to Occupational Fraud 2022: A Report to the Nations, 11% of asset misappropriation schemes originate from expense reimbursements. It can last up to 18 months before being detected and the median loss per month is approximately USD$2,200.

Key questions to be addressed include:​

• How do you manage the disparate transactions associated with employee-initiated spend?
• How can you return efficiency to the Finance organization and employees, so your organization can scale sustainably through the speed bumps that lie ahead?
• How does your organization balance governance and compliance with the employee experience?

On 6th July 2022, join an exclusive group of business leaders as we explore:

• Re-imagining employee-initiated spend in a post-pandemic future and emerging trends
• Driving spend governance and compliance around employee-initiated spend
• Improving decision making with connected spend data across both the travel, expense and invoice processes

This is a by-invite-only session where Finance leaders will gather for a closed-door executive forum. Hosted with SAP Concur via the Zoom Meetings platform, this setting provides leaders with an opportunity to engage in in-depth discussions around the topic.  

Details (Singapore time) 
• Option 1: 1400 – 1500 hrs SGT
• Option 2: 1530 – 1630 hrs SGT

Moderators:


Mark Wilfred, Head of Solutions Consulting, Southeast Asia, SAP Concur

With over 15 years of experience, Mark comes with strong knowledge on financial reporting standards along with compliance, managing control environment along with fraud risk and finance process efficiency. He is a cloud native who has been leading business transformation for small businesses to large enterprises in the cloud in various roles across different applications over the last decade.

Supriya Sharma, Finance Head at Boston Scientific (GBS,IT & R&D), Boston Scientific

20+ plus years’ experience in Corporate Finance in Telecom, Retail and Medical Devices Industry. Agile and strategic leader having experience in leading operations within finance, analytics and business development areas. Successfully lead budget and resource allocations with sharp focus on overall profitability. Adept in streaming, reorganizing and leading teams globally.

Jayanta Chatterjee, Head of Finance, Metrod Malaysia | Committee Member, Malaysia Chapter of Institute of Chartered Accountants of India

A Chartered Accountant with 24 years of post-qualification experience and Head of Finance of listed Metrod Group of Companies in Malaysia. Jayanta worked extensively in Malaysia Singapore, South Africa, Sri Lanka and India and won many awards in Finance and as a manufacturing CFO, featured in the top 50 Finance leaders. He is also an alumni from Henley Business School, Indian Institute of Management Ahmedabad, Institute of Directors, India and Institute of Cost Accountant, India.