Bob Leenen, Finance Director at Ingersoll Rand
Key technologies used: OCR (Softco / Readsoft Scanning / Singularity Workflow); T&E (Extensity); Cash Application (SunGard GetPaid)
Main ERP: Movex (Newell Rubbermaid), Baan and Oracle (Ingersoll Rand)
Locations of your SSCs: Netherlands (Newell Rubbermaid), Germany (Ingersoll Rand)
Annual volume of accounts payable invoices processed: 150.000
Number of FTEs in your SSO: 115
Top current challenge: Significantly reducing complexity (legal and ERP entities footprint with related unharmonized data and processes) to enable a shared services turnaround while increasing transparency on the business and lowering business finance costs.
One thing we are most proud of: Finance transformation (with shared services as a key component) being recognized as the “cornerstone” change initiative for the European business during the past 5 years, i.e. successfully enabling rapid change of the overall European business model (from loose conglomerate to ‘one company’) while delivering substantial cost reductions in both transactional and business finance and improving finance function capabilities.
