Best practice and case studies for Finance, Shared Services and Indirect Tax professionals. Automation tips and strategies in our webinars, articles, events.
Read the latest comments on best practices and trends across finance shared services, P2P, O2C, R2R and Tax.
I invite you to read this short infographic to begin to understand how Intelligent Document Processing (IDP) solves the “AP Invoice Problem.” IDP uses OCR + Natural Language Processing (NLP) + Machine Language (ML) to extract, analyze, interpret and enrich invoice data.
This DHL P2P Case Study is a story of when the KPIs look good, but the effort and grunt work hasn’t gone away… but then it finally does.
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How can Finance Shared Services deliver on performance metrics and service expectations when Legacy Systems are holding them back? I invite you to read How to Choose the Best Low-Code Invoice Processing Solution: The Accounts Payable Professional’s Guide.
We keep striving. If our processes are e2e and touchless, a world will open up to us. I invite you to read a short case study of $15 BN F&B company, Arla. They are 2 percentiles from perfection. They stand at 98% close processes-automated. If your focusing on accounting this case study is for you.
Some data jumped out at me this week. It’s from 2022, but guess what – it’s still very relevant. It’s pretty damning data about cloud technology. If you'd like to eyeball some more data points to help you with your tech transformation journey, read on.
All AR departments should be using Days Sales Outstanding (DSO) to measure their performance. Yet studies have show AR departments are hugely behind on their processes. Here are 6 actionable strategies to help AR leaders with their current DSO challenges you can read today.
If you’re looking to streamline accounting, this tool will help you on your journey. It's a Checklist which tables 52 areas that should be addressed during your gathering-requirements stage. Some will be obvious to you, and others may be surprising. Download Now.
Driven by the EU's VAT digitisation initiative (ViDA), member countries are heavily investing in new e-invoicing regulations to improve tax compliance. However, each country sets its own e-invoicing mandates and deadlines, leading to inconsistencies. Want to know more? Download the infographic
Finance, AP, and P2P departments need to be proactive in tackling risks and controls to avoid becoming targets of fraud or making unnecessary duplicate or overpayments.
The French government has introduced a network of registered Platform de Dématérialisation Partenaire (PDP) providers, trusted intermediaries that will facilitate e-invoice exchanges and ensure compliance with the new rules.
Many AP departments are overwhelmed by the increasing volume of automated disputes and invoice inquiries, leading to backlogs, strained resources, and unnecessary repayments.
When done well, finance automation and transformation programs help shared services excel in ways that are inspiring, exciting, impressive and highly financially rewarding. Yet many finance transformation programs fall short
When the volume of work exceeds your capacity, and you lack systematic management, errors are a given. Your team needs to either work harder or smarter.
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Learn to overcome automation challenges in AP and e-invoicing. Discover solutions for change management, data quality, supplier onboarding, and more.
By 2030, most counties are expected to have adopted some form of real-time reporting requirements. Non-adoption is not an option. Download this time-critical guide – Important e-Invoicing Compliance Update: 5 Countries – to help ready you for mobilization.
As Ardent Partners say, metrics matter. And they've put forward a very compelling argument for why they matter today more than ever. The report is based on a survey of 190 AP and Finance leaders and was led by Ardent Partners' Chief Research Officer. It packs a punch. Read it today.
The truth is that about 80% of projects fail because of the same 9 common core issues. This paper by IOFM - How to Accelerate Time-to-Value from AP Automation - does a great job explaining some of the pitfalls often seen in AP projects, and breaks down what optimized AP automation could look like.
American manufacturing giant Jabil has a secret weapon when it comes to finance transformation: a dedicated Finance Digital Transformation Team. READ THIS PRACTICAL CASE STUDY to discover how to drive R2R automation in your own organization.
Peppol is a global network that establishes common standards for the exchange of e-documents among organizations, connecting organizations through service access points.
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Controller are expected to be proactive value adders-driving automation and leading the way in governance, risk and future strategy. Since AR is key to the financial health of a company, it makes sense for a Controller to focus on helping improve their processes. Yet this is not always the case...