Optimizing Working Capital through a Digital Shared Services Center
As the biggest global crisis continues to unfold, SSCs retain their foothold as one of corporates' key levers to meet the pandemic's working capital demands. Establishing a holistic vision for a digital SSC, along with a clear roadmap towards the end-goal, is key to transforming your finance organization from being cost centers to value-driving centers in this volatile environment. The session aims to outline the building blocks towards digitizing manual processes and how banks can play an essential role in accelerating your SSC's digital journey.
Finance functions have the potential to unlock working capital improvement by optimizing Procure to Pay (P2P) and Order to Cash (O2C) processes improving the Cash Conversion Cycle (CCC). The vision - providing framework on the Shared Service Centers ecosystem digitized environment, process, technologies, and stakeholders.
Ryan Berza, J.P. Morgan’s Vice President of APAC Treasury Solutions, presents for a webinar on modernizing your finance organization from being a cost center to a value-driver with a digital Shared Services Center vision, where Ryan discusses creating a framework to implement frictionless finance processes, synergized platforms, and a shift to real time data. Webinar participants will learn about:
- Envision a digitized landscape of the SSC's processes, technologies, and stakeholders
- Outline initiatives to reach the digital SSC vision
- Leverage bank capabilities that augment, supplement, or innovate the SSC's automation requirements
This is a copy of the webinar recording. To view the presentation slides, click here.