This event will be themed on Finance.
Jackie Kerr from Glasgow City Council will present Self Service Supplier Portal Application. This session will look at the process of being rolled out to all their suppliers. This system then interrogate their purchase orders, invoices and payment information online rather than calling their finance departments. They can also submit electronic invoices or ‘flip’ a purchase order to create an invoice.
Neil Kinson from Redwood Software will present Automate the financial close to gain competitive advantage with Redwood Software. Finance transformation: Reduce costs, minimise risk and build stakeholder confidence with a more consistent approach to managing the financial close.
Redwood Software understand your need to accelerate the financial close to reduce costs, drive competitive edge and ensure results that build confidence. When you automate financial close processes, you can be certain that everything is accurate and fast. You also free staff from time-consuming, repetitive manual tasks. With Redwood Software’s Financial Close Automation for SAP® APP you can automate many standard SAP financial transactions straight out of the box.
For example, Royal Dutch Shell cut four days off their global corporate financial close process with Redwood. Shell successfully automated, coordinated and controlled processes to gain a single real-time view of its 650 business units worldwide.
Redwood also helped a multinational electrical engineering and electronics company automate and optimise 97% of its critical financial close processes. The company reduced its 1,000 manual steps down to just 30. The other 970 critical financial tasks are now completely automated, freeing up staff to focus on optimisation and analysis in other areas.
In this session Redwood will provide an overview of the APP and how combined with their Enterprise Process Automation™ Maturity Model it can enable operational excellence across the financial close process and beyond. The session will conclude with an overview of the free Redwood Financial Close Assessment which allows them to estimate your potential automation and implementation efforts, alongside expected time and cost benefits.
SAP will be presenting the Latest on Accounting Financial Close. The speaker and synopsis will be confirmed soon.
Lade Lawal from Subsea7 will give a session on New GL migration.
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