Accounts receivable collection
Drivers of interest in order-to-cash improvement: - pressure to reduce overall costs - risk of customer non-payment or default - customer demand to improve service levels - inability to accurately...
View ArticleOutsourcing
Outsourcing: - refers to subcontracting a process or an activity of the organisation, to an outside party for a fee - the outside party usually specialises in conducting such activity - the main...
View ArticleCompetitiveness of professional service firms
Clients choose professional service firms base on: - responsiveness and service quality - pro activeness - technical expertise - specialised expertise - creativity / innovation - professionalism -...
View ArticleInvoicing and work flow
Top pressures driving focus on A/P improvement: - lack of visibility into invoices and A/P documents - corporate directive to lower overall costs - need for better cash management - difficulty finding...
View ArticleE payables
E-payables framework: - invoice receipt - approval and inquiry - validation - settlement Driving factors for focusing on electronic payments: - need to reduce overall payment costs - need for better...
View ArticleAP invoice management
Pressures driving interest in AP improvement: - lack of visibility into invoices and AP documents - corporate directives to lower costs - difficulty finding or managing paper-based documents -...
View ArticleFinancial planning and budgeting
Leading pressures: - market volatility creates the need to dynamically account for change - need to better align planning / budgeting with corporate goals - corporate mandates for cost control -...
View ArticleSpend analytics – public sector
Top pressures faced by the public sector: - top-down directives to increase savings - improve sourcing performance - improve indirect spend management processes Procurement / sourcing solution...
View ArticleAgile business intelligence
Pressures demand a more efficient approach to BI: - growing volume of source data / number of sources - time window for decisions increasingly compressed - increasing or changing demand for management...
View ArticleBusiness financial reporting
Top drivers for improving financial management: - market volatility creates the need to dynamically account for change - need to better align planning / budgeting with corporate goals - corporate...
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