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Source to Pay Summit

Source to contract, Purchase to Pay & Source to pay optimization

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Visma TD

14/04/2021 by EBG | Network

What are Purchase to Pay implementation success factors?

You have decided you want to increase spend control and optimise cash management through end to end procurement and finance digitisation and automation. Considerations are being made – starting upstream with procurement or downstream with accounts payable. Or both at the same time. Ensuring suppliers and stakeholders are onboard. Starting with one business unit or all at the same time, one country at the time or not. Deciding how to make sure you stay on track and manage to tackle possible challenges along the way.

During this discussion you will discuss that and;

  • How do you secure internal commitment?
  • How do you ensure high level compliance and system usage in the organization?
  • How do you secure efficient processes that reduce TCO (total cost of ownership)?
  • Which KPIs should you follow up?

Sam Mofrad | Sales Team Manager | Visma Proceedo

Fredric Holm | Management consultant | Partner | Vergenta

Filed Under: Theme Discussions Tagged With: Visma Proceedo Theme Discussion topic, What are Purchase to Pay implementation success factors?

adidas TD

06/04/2021 by EBG | Network

Most but not all have centralized some or many sourcing, procurement and finance related strategies and operations. Today more than ever these groups of people operating in Global Business Services, are tasked to help digitize and automate across the business. Join the Theme Discussions hosted by Yannick at adidas Global Business Services. Peers will only will be joining these sessions – making them truly precious opportunities to as questions and learn from people you would not have met otherwise.

How do you centralize S2P Services under a GBS/FSSC center structure?

Adidas have centralized most of their Source 2 Pay services into two Global Business Service Centers (GBS). They have implemented ServiceNow as a Service Management tool in order for the business to interact with the GBS centers related to a variety of services which are being offered across several Finance Departments. Within this tool Adidas have also created a knowledge base where tutorials, Videos and QRG are being stored which should help the business with their questions. During this session you can learn from Adidas experiences creating a centralised knowledge base and discuss within the group;

  • How are you organizing source to pay services?
  • What role does centralized serve management play in the bigger source to pay efficiency and effect strategy?
  • What are the lessons learned centralizing service management?
  • How does the GBS/FSSC work with change management ensuring the business seek and use the knowledge base?

Yannick JM Bove
NTP Senior Manager Corporate Procurement
adidas Global Business Services

Filed Under: Theme Discussions Tagged With: adidas Theme Discussion during Source 2 Pay Summit 2021, Global Business Services, Source to Pay service management

Medius TD

19/03/2021 by EBG | Network

For too long functions in large organizations have been divided into units. Deciding what one does and the other don’t do. Today there are every possibility to break those silos and find ways to collaborate across functions. Because it’s a must. How else will you be in control of and find ways to utilize the possibilities in your supply chain and cash flow? Welcome to join any of the two sessions hosted by Daniel and Martin!

Why You (Procurement) need to team up with Finance for Spend Management success and how to establish trust and alignment with Finance

Procurement at CEVA Logistics, a leading global logistics and supply chain organization, teamed up with Finance to take their spend management from fragmented to world class with an agile rollout to 40 territories. During this session you will learn how CEVA Logistics chose to structure that collaboration. Learn why Finance is your best friend and most important ally for successful Spend Management.

During this session you will discuss;

  • You have heard that Procurement and Finance should be working together, right?
  • But why exactly is that and how do you achieve that?
  • With diverging targets, KPIs, incentives and systems, how can alignment be achieved?
  • We will talk about the cornerstones of this relationship and get concrete about the “why” and the ”how”.

Daniel Saraste
SVP Product Strategy and Innovation
Medius

Martin Casserdahl
Source-to-Pay Advisor
Medius

Filed Under: Theme Discussions Tagged With: Finance and procurement collaboration, Spend management

HICX TD

19/03/2021 by EBG | Network

This is a topic we know all struggle with. How many suppliers do you work with? How many suppliers do you have active in your systems? How much supplier data do you manage? How well do you collaborate and manage suppliers and the supplier experience? Welcome to join this session and learn from HICX and peers joining the session!

How to improve Supplier Experience: Why Supplier Information is key

Just as companies have over the last 50 years changed their attitude towards their employees from, “you’re lucky to have a job” to recognizing that they’re in a war for talent, so too leading organizations are transforming the way they work with suppliers; focusing exclusively on price alone is no longer going to cut it.
‘Supplier experience management’ means removing the friction from all interactions with all your suppliers, enabling them to do their best work for you. In this session we’ll consider whether intensive collaboration projects with just a handful of strategic suppliers is enough, or if it actually makes more sense to view your entire supplier base – direct and indirect – as a source of competitive advantage.

During this session you will discuss:

  • Does Supplier Experience matter? How has procurement evolved past savings to make supplier relationships matter more the before?
  • What’s the potential ROI from investing in a better supplier experience?
  • What is preventing us from creating great supplier experiences?
  • What would enable a great supplier experience?

Ragnar Lorentzen
Chief Commercial Officer
HICX

Filed Under: Theme Discussions Tagged With: Masterdata Management, Supplier experience management, Supplier information

FLSmidth

18/03/2021 by EBG | Network

Being data driven and automating is what ALL companies talk about. Anders have a lot of experiences to share! He also have a couple of topics where he hope to learn from Your experiences.

Continuous stakeholder management in a data driven procurement organization

At FLSmidth a Procurement Center of Excellence (CoE) is standardising processes and gathering and sharing direct and indirect procurement related data with the organization across 60 countries. The aim to provide better decision making facts as well as driving efficiency and quality. Through recent years a number of robots (RPA) have reduced 35% of manual order related tasks. Chatbots and other technology is helping the organisation get individual data based on current needs. Here you will learn how they have shaped their data driven CoE team and ways of working, what they are using RPA to do and how they are measuring success. You will also discuss how you can continue to develop supply chain transparency and quality also after you have the data.
Learn about how the CoE is set up, what data is used to create KPIs and measure procurement and supply chain and how RPA and chatbots are used

  • How do you collaborate with category teams to increase focus on long term strategies rather than short term operations?
  • In what ways are you increasing time spent on value engineering in a project focused organization?
  • Benchmark – what do you do when you meet resistance to change, is it possible to become too data driven and automated?

Anders Linder
Head of Group Procurement Center of Excellence & Group Category Management
FLSmidth

Filed Under: Theme Discussions Tagged With: Chat bots, Group Category Management, Procurement Center of Excellence, RPA, Standardizing processes

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