Source to Pay Summit

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

Volvo Cars TD

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Following their Focus Session you can here sign up to join the Theme Discussion hosted by Anna and Camilla. Ask all your questions and learn from the peer group attending!

What does optimizing the final P in P2P mean to you?

Continue the conversation following their Focus Session. Companies have discussed removing paper from business transactions for a long time yet there are still many challenges. Why? Since September 2020 you can no longer send paper invoices to Volvo Cars in Sweden and country by country is to be rolled out. Finance have a tight collaboration with Procurement and have set digital targets. How does that compare to Your organization?
Here you can discuss and compare digitalisation journeys, common challenges and ways of working.

  • What can Finance do to include Procurement more when setting digital targets?
  • Which are the main challenges You are facing when removing paper invoices?
  • How does it matter what methodology you use (Volvo Cars have an agile methodology)?

Anna Törnlöf Larsson
Product Owner at Digital Finance
Volvo Cars

Camilla Benkeson
Global Process Owner
Volvo Cars

Taulia | CORE Process

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How can end to end digitalisation help reduce costs and improve free cash flow?

Traditionally companies finance and treasury departments have focused on reducing cycle times and invoice approval times. Using suppliers to finance company short term investments with increased payment terms as a result with bank run programs. Digitalisation however is opening up much more productive ways of collaborating with suppliers and allocating a more sustainable cash flow. Here you will learn about how procurement and finance together are finding ways to collaborate with suppliers in ways that both reduce costs and improve free cash flow. Discuss;

  • What does dynamic discounting and supply chain finance mean from a procurement versus finance perspective?
  • How digitized do companies need to be in order to fully benefit from supply chain financing and dynamic discounting?
  • What are the main challenges companies face when deciding to optimise cash through collaboration with suppliers?

Alexander Mutter, MD, Head of EMEA | Taulia Inc. & Lars Beckman | Managing Director  Partner | CORE Process

Electrolux

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If you have ver been part of a large (or any really) transformation project you know paper strategies not always come true. That technology implementations not always deliver as promised or that behavioral change just doesn’t happen. Change always happen – maybe just not entirely in the direction You want.

The below session is hosted by Mark Gustafson at Electrolux, a person with a lot of experiences manageing transformation projects. But just as you with the need to benchmark and learn from peers. This is a hence a benchmark session where all answers are not “on the table” but where you can exchange good and bad experiences! Is there a better thing than that?

Benchmark | How do you drive global transformation projects?

Technology combined with changing people’s behavior are what most business transformation strategies consist of. At Electrolux a Group Purchasing PMO (program management office) is in charge of ensuring global strategic and practical changes are executed. They are in charge of tool rollouts, cross organization ways of working, process changes and making sure the organization understand and adapt to changes. How do you ensure this structure constantly evolves? How do you assess skills needed and adapt training resources? Discuss how you drive strategies from a group perspective as well as;

  • How do you define the scope of and touchpoint between different change initiatives?
  • In what ways do you adapt training resources depending on skills assessment in the organization?
  • How do you incorporate feedback and continuous improvement in your project tools and methods?
  • How you change your focus from program’s project phase to its operational phase?

Mark Gustafson
Program Director, Global Purchasing Strategic Initiatives
Electrolux

Basware TD

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Would you agree there is an increased focus towards invoices and accounts payable during 2020? Together with a solid collaboration with procurement and a dialogue with suppliers. When it became crystal clear what may happen when remote work is enforced on global businesses. When the need to have absolute control over cash has never been clearer.

On May 6th you can choose to join the below Theme Discussion hosted by Basware. Theme discussions are limited seats, pre-selected, online, moderator led and on web camera. A really high quality way of connecting with peers and experts also now.

Why is AP and AP data more important today than ever before?

In 2021 many companies still struggle with scattered data and challenges handling end to end spend information in a best possible way. Evaluating what a solid digital platform basis may be for you is key. Do you invest in a broad suite or find best of breed solutions for different areas? Given that you too want to minimise errors and automate the most – what should you consider as you develop ahead? During this session you will discuss:

  • In what ways does a suite, platform and best of breed system differ?
  • How do you define what business problem You need to solve and hence what you choose?
  • Compare how mature your AP and invoice handling is!
  • Why is AP where you should focus more efforts?
  • Is accounts payable increasingly becoming a procurement topic?

Magnus Bergfors
Global Business Director
Basware

Maersk

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He has just released a book in the subject – “A Practical Guide to e-Auctions for Procurement”. Read a couple of reviews here and here. Order it via Amazon, WHSmith or directly via Jacob!

Choose any of the two Theme Discussion sessions hosted by Jacob! They are led by Jacob, online, limited seats, on web-camera and pre-selected. You cannot join the conference and not choose Theme Discussions – if so you will not be able to attend them. First come first served basis!

What role can/could or should e-auctions play in your organization?

For most procurement organizations cost is one of the key priorities for 2021 and for many that also means an increased focus on e-auctions. Over the last ten years Jacob Gorm Larsen have been responsible for a global e-auction program with more than 10,000 e-auctions done. During this session you will learn more details about what e-auctions are and how they work. Discuss what role they could play in your organization. Together with peers you can compare experiences and what steps to take next!

  • What are the barriers for using e-auctions within your organization?
  • Which are the main myths around e-auctions?
  • What does it take to become successful with e-auctions?
  • If you have not done any e-auctions so far, how do you get started?

Jacob Gorm Larsen
Head of Digital Procurement
Maersk