article thumbnail

AI and Global Business Services: Breaking Down the Shared Service Silos

Emagia

Studies in the shared services space reveal a massive shift in the mindset of CFOs and shared services leaders—digitization is widely regarded as the path forward, according to Mark Harrison, founder and CEO of consulting firm Callisto Grand. Service providers are pushing technology to its full potential.”

article thumbnail

Lack of AI Knowledge Internally Slowing Spread of Automation in Shared Service Organizations

Emagia

Generative AI Plays Pivotal Role in SSO/GBS Outlook Generative AI is changing the face of shared services organizations (SSO) and global business services (GBS), but the biggest challenge that companies face in implementing the new technology is finding the capabilities within their teams to put the technology into practice.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SAP Central Invoice Management and the Incoming Channels

SAP Credit Management

Currently, Accounts Payable clerks or Shared Services Center employees must manually process these emails, save the invoice files into specific folders, and then manually upload them to SAP Central Invoice Management to create Supplier Invoices. PDF, JPEG, PNG, and TIFF) as file attachments to emails.

article thumbnail

Top Use Cases for Order-to-Cash

Emagia

Data sources for cash forecasting include treasury management platforms, accounting and shared service centers, and business units like accounts payable and accounts receivable. Integrated OTC Transformation for Global Shared Services Organizations.

article thumbnail

Do You Know Which Customers Are Likely to Pay Late?

Your Virtual Credit Manager

New Locations Major moves can be stressful for any business, whether it involves a new headquarters location, a new warehouse, or even setting up a new back-office shared services center. Once you know all the facts, you will want to work with your customer to come up with a payment plan to which they can adhere.

article thumbnail

Product: Invoice Capture for Cloud

Serrala

Jabil, a high-tech manufacturing company, processes approximately 2 million invoices per year in its three shared services centers (SSC) located in Mexico, Malaysia, and Ukraine. Jabil: The Secrets to Straight-through Invoice Processing. Tennant Company.

article thumbnail

Industry: Consumer Packaged Goods & Services

Serrala

Processing around 30,000 invoices each month through 3 shared service centers, the company wanted a solution that would allow it to enable consistent global reporting, productivity, and cashflow, enforce controls and compliance, and increase the efficiency, accuracy, and timeliness of invoice processing.