Shared Services Weekly: Top Tips For Enterprise Data Management

Hi and welcome to our Shared Services weekly newsletter!

With over half of SSOs now offering master data management services, and data integrity itself being the foundation of every good digital transformation, SSON wanted to provide some advice on best-practice in this space. As the heart of the finance technology ecosystem, Finance ERPs are the primary source of the most critical data required by almost all other finance applications within the system, including budgeting, forecasting and both internal and external reporting. It is the foundation of enterprise data management. In this fantastic article, Paul Rodwell, Experian, explains his perspective on how to improve ERP Transformation and Enterprise Data Management .

All the best,

Sally Fletcher , Editor, SSON

Upcoming Webinars & Online Event

WEBINAR: IRS Business Systems Modernization: Preparing Your Organization for Reporting Changes

Join us on July 30th for a webinar featuring Wendy Walker, Solution Principal at Sovos, to explore the ongoing impacts of IRS modernization on tax reporting. Wendy will delve into the evolution of these initiatives, discuss the motivations behind the IRS's modernization efforts, examine their implications for information reporting, and provide valuable insights on how to prepare for future changes. Secure your place here.

WEBINAR: Autonomous Accounts Payable: Integrating GenAI for End-to-End AP Processing in Enterprise ERP Environments

Join us on June 20th and discover how Autonomous AP fits with upcoming eInvoicing mandates and ensuring maximum efficiency and productivity in your process. This webinar will explore the role of generative AI and advanced algorithms in autonomous AP processing and the evolution beyond traditional methods, as well as the implications of forthcoming eInvoicing mandates such as Peppol and ZUGFeRD, and how to harness the power of genAI for ensuring compliance and bolstering efficiency.

WEBINAR: Modernize Your Finance Operations with AI-Powered Automation

89% of finance leaders are tasked with balancing cutting costs and driving growth. Integrating AI and automation into finance operations—particularly in areas like Accounts Payable—has become essential in helping them achieve more with less. Join us on June 27th and explore how modern finance teams of all sizes and complexities are leveraging AI-driven AP automation.

WEBINAR: Workforce Analytics as a Key Lever for the Future of Outsourcing

Join us alongside Sapience, on July 11th as we delve into the critical decisions surrounding Shared Services Organizations and explore the nuanced landscape of outsourcing, captive, and hybrid models. This session will deliver actionable insights tailored to empower shared services professionals like you to make informed decisions that drive efficiency, productivity, and growth within your organization.

WEBINAR: From Documents to Intelligence to Action: Unleashing AI-Powered IDP

While important for business operations, the overall impact of traditional Intelligent Document Processing is becoming increasingly limited because many of the in-market solutions are not designed to be AI-first. Join us on July 23rd as the CEO of Base64.ai Document AI and the CEO of Zinnov , a leading IDP market analyst firm, explore strategies businesses can use to unlock the full potential of AI-Powered IDP.

White Papers

WHITE PAPER: The IRS Modernization eBook

IRS modernization efforts, events, and what is coming next with subject matter expertise from Wendy Walker. This eBook to learn how to adopt transformation strategies to ensure your organization can scale tax withholding and information reporting processes to meet the new compliance requirements. Download your copy here.

WHITE PAPER: The Process Intelligence Playbook

This playbook by Skan equips organizations with the knowledge and tools to leverage cutting-edge AI to achieve operational excellence and business transformation. It goes beyond addressing current challenges. Instead, it positions Process Intelligence as a foundation for future innovation, empowering organizations to confidently navigate change and achieve success. Download your copy here .

WHITE PAPER: End-to-End AP Automation Software Evaluation Guide

Making a change to Accounts Payable processes can seem intimidating. This guide by DocuPhase is designed to give you a head start on your evaluation journey with resources to help you research, evaluate, and eventually partner with an invoice-to-pay automation provider that will set up your finance team for long-term success. Download your copy now.

REPORT: Driving Improvements in Record-to-Report via Statutory Reporting

Statutory reporting plays a crucial role in ensuring compliance for organisations, but is still often overlooked when it comes to improvement initiatives. SSON Research & Analytics recently surveyed the market and found that the?perception of risk?is holding organisations back from moving work to centralised Centres of Expertise or Shared Services. This report summarises our findings and pinpoints opportunities to improve your performance. Download your copy here.

REPORT: Generative AI in Shared Services: One Year On

Stay at the forefront of the digital evolution with our Market Report! Download this report to understand how SSOs and GBS are leveraging generative AI to boost productivity, streamline functions, and enrich customer experience. Discover key trends, implementation strategies, and the future landscape of generative AI in shared services.?Download your copy here.