Shared Services Weekly: The Truth (and Myth) of the Autonomous Enterprise

Hi and welcome to our Shared Services Weekly Newsletter!

For advanced organizations, the arrival of Generative AI has finally unblocked the last remaining barriers to straight-through-processing. Now it is possible to go from Automation to Autonomous and achieve not only better productivity, but a more agile operating model that is fully future proof. Last month, SSON launched their Autonomous Enterprise Virtual Summit, and Sarah Burnett, author of The Autonomous Enterprise opened the show with an introduction to the topic. To see how your organization can create a path to autonomous processes, check our Sarah’s session?here, as well as further webinars on?The Power of Autonomous AP?and Navigating the Shift to Autonomous Finance with Generative AI.

All the best,

Sally Fletcher

Upcoming Webinars & Events

WEBINAR: 5 Trends Shaping the Finance Function in 2024

Join us for an exclusive webinar that unveils the next wave of innovation in finance and accounts payable! Taking place on April 16th, this webinar will teach you how to unlock cost savings, harness AI and generative AI, navigate e-invoicing regulations, leverage data analytics and achieve end-to-end automation, as well as much more! Featuring real-world case studies, practical guides and tools to accelerate your AP automation, this is not one to miss. Secure your seat here.

ONLINE EVENT: Process Mining & BPM Virtual Summit

We are delighted to announce the return of our Process Mining & BPM Virtual Summit! Taking place on May 21-22, This digital event will harness the power of process mining to support end-to-end process optimization. Whether you are just beginning your process mining journey or looking to its exciting future, this event will provide valuable insights for all. Save your seat here.

WEBINAR: Navigating the Shift to Autonomous Finance with Generative AI?

In the evolving landscape of finance, the shift towards autonomy represents a monumental change, demanding a strategic overhaul of people, processes, and technology. Join this webinar on April 24th for a journey towards autonomous finance, focusing on the transformative potential of generative AI, particularly within the Source to Pay process. Delve into strategies for adapting organizational structures, refining data quality for automation, and integrating cutting-edge artificial intelligence across global finance departments. Register here.

WEBINAR: Accelerating Cash Flow & Reducing Risk with AI

The world of Accounts Receivable is on the verge of its next great transformation. Join us on March 21st to learn how to use your data to predict future cash-flow, improve CX and unlock working capital. You will have the opportunity to uncover the top 5 trends within Accounts Receivable, how AI can identify collection risk and automatically adjust strategies to accelerate cash flow, as well as much more! It's not too late to register here.

WEBINAR: Mastering eInvoicing to Meet Regulations, Generate Analytics and Create Cost-Savings

Join us for an insightful webinar March 28th on the seamless transition from traditional paper and PDF invoicing to eInvoicing. Gain actionable best practices for successful migration, ensuring compliance and data security in the digital landscape. This webinar is tailored to provide you with the knowledge and tools necessary to embark on a successful eInvoicing journey. Save your seat here.

The latest content from SSON

REPORT: The Hidden Costs of Intercompany Inefficiency?Report

SSON Research & Analytics' latest survey revealed that 81% of global Shared Services recognize intercompany as a pressing issue. Download the latest report, highlighting common challenges in achieving effective intercompany operations and valuable opportunities for improvement. Read the report here.

PODCAST: 5 Trends Set To Transform Accounts Receivable

In SSON’s most recent state of the industry report, we found that 63% of shared services are providing Order to Cash services to their enterprise! So we wanted to provide some advice and best practice in this area. That’s why this week on the podcast we invited Keith Cowart, from FIS to talk about what he sees as the trends set to transform AR. Listen to the episode here.

Q1 Benchmarking Survey: HR, Payroll, Travel & Expense

How does your SSO/GBS stack up against the industry’s best around HR processes? SSON Research & Analytics is conducting a quick survey to understand how leading companies are performing across key HR processes. Share your expertise to unlock the “State of the Industry: Reimagining Talent” visual analytics workbook. Take the survey here.

The State of Record-to-Report and Statutory Reporting Survey

SSON Research & Analytics is conducting a quick survey to understand how Shared Services and GBS centers are managing R2R and Statutory Reporting. Share your insights to receive a copy of the report reflecting the survey findings and free benchmarking session assessing your R2R performance against industry metrics.