Enforcing Process Compliancy
Knowledge is power. And without information available when you need it, opportunities can slip past, and decisions can be based on incomplete information.
Messy processes can be a company’s weakest link. Messy processes can also cost a company 2.5% of its revenues. It is a given that, because of centralisation, standardisation and consolidation of processes, shared services enables companies to secure a more accurate view of the company’s financials and reduce cost by 30%. But some might argue that putting a process in a shared services environment is the easy bit. It’s getting first time match rates into the high 90s that hurts, and ensuring that all users in the process are compliant with its rules is tough. It’s these initiatives which move an SSO to world class.
sharedserviceslink.com focuses much of its resource and effort on the subject of clean and compliant processes. We run master classes on Value Stream Mapping, Charging To Change Business Unit Behaviour and Developing Strategies to Drive First Time Match into the High 90s.
Events:
Toning Up Purchase to Pay to Attain Touchless Processing
18th and 19th June 2008 Millennium Knightsbridge London
Perfecting Procure to Pay to Enable Touchless Processing
September 17th – 19th, Palmer House Hilton - Chicago
Downloads (white papers and reports):