Attaining F&A Shared Services Process Excellence

Event Sponsors

Ariba, Inc.
Headquarters: Sunnyvale, CA
Specialty: Financial Software Solutions
Description:
Ariba Financial Solutions streamline and automate invoice, payment, and working capital management. Leveraging the functionality and global reach of the Ariba Network, these integrated applications help you improve visibility and control, reduce transaction and business costs, mitigate risk and fraud, achieve organizational efficiency and effectiveness, comply with corporate and regulatory requirements, and effectively benchmark and measure performance.

Solution Highlights

Ariba Invoice Management – Support collaborative processes with intelligent workflow, enabling you to automate data entry, matching, and validation activities; eliminate supplier inquiries; and minimize exception handling.
Ariba Payment Management – Extend beyond the typical payables process to automate supplier on-boarding and interactions, reduce transaction and business costs, and strengthen vendor relationships.
Ariba Working Capital Management – Use powerful automation, workflow management, real-time reporting, and cash flow management tools so your payable staff can work strategically to free up working capital, maximize return on cash, and minimize supply chain risk.

Contact information: www.ariba.com,Amy Wagman at awagman@ariba.com

Tieto is an ICT service company providing ICT, R&D and consulting services and has been supporting corporate business activity for over 40 years. With revenues in excess of €1.8bn and approximately 16 000 experts working in close to 30 countries, we are among the leading ICT service companies in Northern Europe and the global leader in selected segments. We specialize in areas where we have the deepest understanding of our customers' businesses and needs. Our superior customer centricity and industry expertise set us apart from our competitors.

The Financial Supply Chain and the associated business processes are a main area of focus for Tieto and we provide solutions to support its full dematerialisation and digitalisation. Our solutions for the processes through the Financial Supply Chain start from the e-order, the e-invoice and finish with the e-payment. Our business exchange connects over 1,000,000 active corporates and consumers and carries over 625m transactions per annum.

We enable our customers to utilize their full business potential by combining our technology skills and deep industry knowledge with advanced customer centric solutions. Working with Tieto means you get a reliable, committed long-term partner that helps you transform your day-to-day ICT operations.

Please contact Alister Hoad on +44 (0)20 3008 4950, or visit our website www.tieto.com

Global shared service centres choose Brainware for OCR-based intelligent data capture to exponentially improve control and reduce costs of transactional business processes. Brainware’s solutions provide realtime visibility into accounts payable, order to cash, freight accounting, proof-of-delivery, HR, and remittance processing. Brainware’s unique language agnostic features make it a perfect fit for multi-national SSCs that need to accurately process documents in many languages without installing multiple instances of software.

While virtually eliminating manual data entry, Brainware quickly delivers accurate and validated information to SAP, Oracle, Lawson, JD Edwards, or other back-end systems for final processing. To augment the efficiency with which you are able to input data into your transactional systems, Brainware’s unique approach to search and retrieval allows for context-based, highspeed discovery of enterprise information from voluminous files and repositories.

Brainware customers include Airbus, Alcon, Alltel, Amgen, Anadarko, British American Tobacco, Halliburton, Her Majesty’s Prison Service, JohnsonDiversey, Kimberly-Clark, KPMG, NHS/ Steria, Northumbrian Water, Shell, and many others.

For more information, please visit www.brainware.com

OB10 – The global e-invoicing network OB10 provides an end-to-end business service, streamlining the complex invoice process. Whether you are looking to send electronic invoices to multiple customers, or wanting to receive all your invoices in one data file, OB10 offers a global solution, independent of data formats. OB10 is VAT and tax compliant across Europe, North America and Asia and exchanges invoices between several thousand organisations, across more than 100 countries. To ensure that your project is a success OB10 offers best practice guidance and support to ensure you reap maximum cost savings and a fast ROI.

Customers that exchange invoices using OB10 include: Agilent Technologies, Barclays, Cargill, DHL, DSG International, Eli Lilly & Company, Fisher Scientific, General Motors, GlaxoSmithKline, Hewlett Packard, IBM, Imperial College, Kellogg’s, Logica, Mohawk Industries, RS Components, SaraLee, Shaw Industries and Steria.

For more information call +44 (0)870 626 5214 or visit www.OB10.com

Headquartered in the UK, with offices in USA, Benelux, Eastern Europe, Nordics, Middle East, India, Australia and China, Nimbus is one of the UKs fastest-growing software companies, regularly featuring in the Deloitte Fast 50 & 500. Since its inception in 1997, Nimbus has helped over 700 organizations drive transformational change through process management. Customers include: AstraZeneca, Barclays, Chevron, HSBC, JP Morgan, Nestlé, Philips, Shell, Toyota and Unilever.

Clients have found that the Nimbus approach to process management delivers faster and more successful results for a wide-range of process-led initiatives, including:

Business Transformation
Process Improvement
Software implementation (typically SAP and Oracle process mapping)
Integrated Compliance Management (FDA, Sarbanes Oxley, FSA, ISO)
Business Process Outsourcing & Shared Services
Operational Control and Risk Management
Performance Management (including process related scorecards and metrics)
Business Continuity Management

Their software application “Nimbus Control” enables organizations to capture, analyze and communicate a common set of processes that can be used to manage and transform the business. The use of Nimbus Control dramatically reduces the time, effort and cost required to deliver effective process management and drives more successful adoption of process by all stakeholders.

Basware is the global leader in purchase-to-pay solutions with more than 1,500 customers and 850,000 users in over 50 countries around the world. With Basware, organisations can reduce the cost of buying and paying for goods and services and gain visibility and control of their entire spending process by automating manual processes, from sourcing, contract management, purchasing and supplier collaboration to invoice automation.

Basware Connectivity services enable suppliers and buyers of all sizes and maturity to transact electronically. These services include the ability to deliver e-invoices and purchase messages, an outsourced Scan and Capture solution to convert all paper invoices to electronic format, the ability for suppliers to transact via a Supplier Portal and an outsourced Supplier Activation service to communicate with the suppliers, assist and activate them to connect to the buyers’ purchase to pay process.

Basware solutions and services enable substantial cost reductions across businesses and deliver value by providing compliance and control, as well as fast return on investment. The solutions are distributed and implemented, either on site or as a service, in Europe, the US, and Asia-Pacific through an extensive network of Basware offices. For more information email: info.uk@basware.com or visit www.basware.com

Invapay is a trading and payment system that allows businesses to order from and pay any vendor.

Invapay acts as a simple but data-rich intermediary - accepting buyer orders and payments on behalf of suppliers, and automatically transferring funds to the supplier’s bank account within five days from invoice submission (subject to terms established with the buyer).

A simple way to trade without setting up a 'long tail' of one-off ad hoc vendors
Improved visibility and control of spend, whilst reducing procurement costs
Full access to Level 3 Line Item detail
An easy mechanism to drive purchase order compliance
Make maximum use of your credit lines and improve liquidity

For the buyer, the cost of setting up and managing large numbers of one-time-only ad hoc vendors is reduced to setting up just one master supplier: Invapay. Yet, full line item detail for every supplier transaction is provided. And Invapay frees up underutilised P-Card credit lines – improving liquidity.

For the supplier, Invapay accepts payments on the supplier’s behalf, including card payments, making it much easier to deal with corporate customers. No ‘having to be set up on the system’, no chasing invoices, and automatic compliance with your customer’s accounting needs.

To learn more about the benefits Invapay can bring to your organisation, call us on 0207 868 1667 or email: enquiries@invapay.com

Meridian Global Services' core business is focused on providing a range of international VAT and Travel and Expense (T&E) compliance and consulting services to over 15,000 clients worldwide. We utilise our global footprint, our deep industry expertise and our leading edge technologies for optimal results. Our long lasting client relationships lays testament to why we are repeatedly chosen by the world's most successful organisations, comprising of over 50% of the CAC 40, DAX, FTSE 100, Nikkei 225 and Fortune 500.

Meridian has been offering international VAT compliance and consulting solutions as part of its package of services for over 20 years. We have built up one of the largest service centres of this type in the world based out of our Global Service Centre (GSC) in Dublin, Ireland. Meridian provides VAT compliance services to many large blue-chip multinationals that have entrusted us with managing multiple registrations covering a range of their international VAT returns.

Meridian also offers a unique expense management solution, Expenseflo.
Meridian’s Expenseflo service provides the COMPLETE expense management solution comprising of an Expense Management System (EMS), an Audit function and a VAT Recovery Service. Expenseflo will maximise your company’s savings and ensure you get more from your travel budget adding additional savings of up to 6%.

Trintech strive to drive excellence and improve financial controls by transforming the current manual-based and non-standardised processes to an automated production platform for finance.

Trintech software provides a single source of financial business information on which to base your critical business decisions. The platform is an integrated suite of account reconciliation, transaction management, compliance, financial close, reporting and risk management applications that provides you with process management, status and visibility for all finance related functions in your company.

Trintech solutions have enabled over 600 global organisations to realise significant and tangible benefits including:

Increased efficiencies and reduced costs
Greater control, accuracy and visibility across all GRC processes
Improved financial performance through better management of revenue and cost cycles
Reduced risk of non-compliance, material weaknesses and possible financial restatements

As every business has its own unique functional requirements, we have built our solutions to configure with your distinct business needs. Our experienced professional services teams have successfully implemented thousands of projects around the world. The combination of extensive finance expertise, industry best practices, and our highly configurable software platform ensures both a rapid and successful deployment.

For more information on process automation contact Trintech on +44 (0) 207 628 5235 or email: EMEAinfo@trintech.com

Over the last decade, Manchester has emerged as one of Europe’s leading Shared Service Centre hubs. With a proven track record in supporting and sustaining high quality centres, such as Marks & Spencers, Kellogg’s and Royal Bank of Scotland with the recent arrival of both Sainsbury’s and Premier Foods.

“Manchester has the most SSCs in the UK and provides a great network of expertise, talented labour pool, services and facilities. The area provides the best facilities and value for money.” Jason Rawlings - Head of HR Change at Sainsbury’s

MIDAS, as Manchester’s investment and development agency, can provide information on a wide range of location factors including: business cases, training and recruitment, property and communications for the city region. The North West Shared Services Forum also acts as an access point to a wide network of centres and contacts, which have grown to support the industry.

For further information on Manchester, contact Ben Shorrock on 0161 772 2806