Shared Services Weekly: Why do so many finance transformations fail?
Hi and welcome to our Shared Services Weekly Newsletter!
Gartner says “70% of finance transformations are either less impactful or moving slower than expected.”So how do you make sure yours is one of the 30% which succeeds???Well, there are a number of contributing factors, but they all boil down to the right technology, people and processes. Due to the importance of the topic, SSON has been spending some time garnering expert advice to help you succeed. In this week’s GBS Innovations Column, Robert Weltevreden talks about how The "Pyramid of Change" can stop your next transformation from failing . Plus, we’ll be discussing it in more depth at our Finance Transformation Virtual Summit , this June.?
All the best,
Editor - SSON
Upcoming Webinars & Event
Join us March 28th for a webinar 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. Whether you're a finance professional seeking to streamline invoicing processes or a business leader looking to drive efficiency and cost savings, this webinar is tailored to provide you with the knowledge and tools necessary for a successful eInvoicing journey. Don't miss out - register your place here .
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. Register now!
According to our State of the Shared Services and Outsourcing Industry Report 2024, 65% of organizations are currently prioritizing workforce optimization tools. This is no surprise as organizations continue to tackle obstacles surrounding attrition, recruitment, and engagement, as the current "war for talent" progresses. Join us on?April 18th?as we?address how workforce analytics is an ideal solution to talent management struggles. Secure your place here !
In the evolving landscape of finance, the shift towards autonomy represents a monumental change, demanding a strategic overhaul of people, processes, and technology. Join us on April 24th for a webinar on the transformative potential of gen AI, particularly within the S2P process. Delve into strategies for adapting organizational structures, refining data quality for automation, and integrating cutting-edge AI across global finance departments. Save your seat here !
The world of Accounts Receivable is changing rapidly, and automation is the key to unlocking faster payments and improved cash flow. Join SSON Research & Analytics on?April 25th?to?dive deep into the heart of Accounts Receivable processes, unlocking insights that will revolutionize the way you manage your financial operations. Register here !
领英推荐
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 !
The latest content from SSON
Our latest report discusses how workforce analytics platforms can be a strong solution to talent management struggles, and aid in mitigating the risks of rising attrition, difficulty recruiting, and fluctuating employee engagement. The tool can solve key business challenges, whilst offering a blueprint for upskilling employees.?Download it now !
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. Download your copy now !
SSON Research & Analytics is running a 5-minute survey to understand how Shared Services and GBS centers are managing R2R and Statutory Reporting. Share your insights to receive a free copy of the report reflecting the survey findings and a free benchmarking session assessing your R2R performance against industry metrics. Take the survey here .
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” workbook (valued at $500!). Have your say !
Maximize finance transformations: leverage tech, talent, processes.