Name: Revenue Leakage in the Meter to Cash Process
Start: 2020-07-23T14:00:00Z
End: 2020-07-23T14:00:29.000Z
Location: BrightTALK
Rating: 4.5

Syniti helps enterprises deliver data they trust to ignite growth and reduce risk. 

Data has the power to disrupt markets and break new boundaries. It inspires change and creates clarity to see what others cannot. As the world’s most valuable asset, trusted and understood data ignites the possibilities that turn ideas into iconic enterprises.

Is your business future-ready? Join Syniti's upcoming Lunch and Learn to discover how to capitalize on the value of your master data for long-term business resilience. Hosted by our panel of Syniti and SAP data governance experts, this event will empower attendees to maximize the value of SAP Master Data Governance, whether they're just getting started or seeking to drive their existing programs into the future. 

Attendees will learn:
- How to future-proof your organization through master data governance. 
- How Syniti Rapid Data Governance enables teams to take ownership for long-term maintenance of data governance.
- How to align business and IT goals to drive data governance maturity.

Lunch and Learn Masterclass: How to Maximize the Value of SAP MDG

Join us for an informative webinar in collaboration with Syniti and Bloor as we delve into the dynamic world of data management and data quality. In an era where data drives innovation, organizations must stay ahead of the curve to harness the power of their data effectively.

In this exclusive webinar, Andy Hayler, Practise Leader at Bloor and Rex Ahlstrom, CTO at Syniti will explore the latest findings from Bloor’s Data Quality Market Research, unveiling key insights that may make you reflect on your approach to your digital transformation project. Discover the prevailing data trends for 2023 and beyond, gaining invaluable knowledge to shape your data strategy for the future.

One of the core topics we'll delve into is the importance of adopting a data-first approach when integrating artificial intelligence (AI) into your business operations. As AI continues to transform industries, understanding the crucial role of data quality in AI success is paramount. We'll provide actionable strategies to optimize your data infrastructure and ensure it aligns seamlessly with AI initiatives.

Key Webinar Highlights:
- Bloor’s Data Quality Market Research Insights
- Uncovering Data Trends for 2023 and Beyond
- The Convergence of Data Quality and Artificial Intelligence
- Strategies for a Data-First Approach in AI Integration
- Real-world Case Studies and Best Practices

Join us for this knowledge-packed session to gain a competitive edge in the data-driven world of 2023 and beyond. Register now and empower your organization to harness the full potential of your data while maximizing the impact of AI. Don't miss this opportunity to shape your data strategy for success!

Syniti and Bloor - Data Quality and AI: Research and Trends for 2023 and beyond

Running a multi-billion-dollar business without clear insights on the health of your data is like steering a ship through thick fog without a compass.

Discover the transformative power of a data assessment – an essential tool that uncovers actionable insights to enhance efficiency, decision-making and overall performance. Whether you’re preparing for a migration to SAP S/4HANA, aiming to accelerate your governance planning or looking to drive strategic growth, Syniti’s Data Assessment Express enables your organization to identify the impacts of your data and prioritize the next steps. 

Ready to guide your business toward heightened success?

The Power of a Data Assessment: How to Maximize Business Value

Discover the essential components for a successful transition to the digital landscape within the food and beverage sector in our upcoming industry webinar. In an era defined by rapid technological advancement, businesses grapple with the need to align with a tech-savvy world. Embracing this transformation, data migration becomes a pivotal factor in achieving streamlined operations and sustainable progress.

Join us as Will Hiley, the Head of Solutioning at Syniti EMEA, and Marc Hovenier, Strategic Account Manager at Syniti EMEA, lead an engaging discussion. They will navigate through the prevalent challenges that the Food and Beverage industry encounters during their migration to SAP S/4HANA. With a focus on solutions, learn how Syniti aims to tackle these challenges head-on.

Webinar Highlights:
- Understanding the significance of digital transformation in F&B
- Key challenges faced by the industry in adopting digitization
- The role of data migration in achieving operational efficiency
- Compliance and data security in the tech-driven F&B landscape
- Insights into Syniti's approaches to address industry-specific hurdles

Don't miss out on this opportunity to gain valuable insights into the recipe for success in the evolving Food and Beverage landscape. Register now and secure your spot for this informative session.

Navigating the Food and Beverage Industry: Data Migration Strategies For Success

Join us for our next webinar that will empower you in your next Mergers & Acquisitions. Join Leonard Maganza, our Chief Customer officer to discuss his many years of experience assisting numerous companies in their M&A endeavors.

In this exclusive session, you will gain insights from Leonard as he unveils the pivotal role of data at every stage of a transaction and how it can profoundly benefit your M&A strategy.

By attending this virtual session, you will:
- Acquire invaluable knowledge on mitigating risks, addressing challenges, and meeting crucial acquisition/merger deadlines, ensuring a seamless transition in your M&A journey.
- Hear remarkable success stories of Syniti's esteemed customers who have partnered with us to accomplish their M&As, and learn from their achievements.
- Discover the undeniable advantages of initiating your data projects early, enabling you to maximize the benefits and achieve exceptional outcomes.

Don't miss this incredible opportunity to expand your expertise and gain a competitive edge in the world of Mergers & Acquisitions. Register today to secure your spot and embark on a transformative learning experience with the industry's finest.

M&A Discussion - Learn from 30+ years of experience

Migrations are complex. So complex that more than 80% of migrations either fail, exceed budget or miss their go-live deadline. Uncover the essential steps and best practices to ensure a seamless migration to SAP S/4HANA for oil, gas and mining industries, and enable your organization to thrive in the modern digital landscape. 

Join industry experts from Syniti and SAP, Craig Kindleman, Sr. Director Oil, Gas and Energy, Jason Thompson, SVP, Solution Architect and Leonard Maganza, Chief Sales Officer, to hear real customer success stories. Unearth the strategies that supported reduced spend  and improved efficiencies for a frictionless migration in industries that are habitually challenged with evolving regulations and market volatility. Lastly, the team will provide superlative guidance on the next steps for effective data management and governance after your boring go live.

Streamlining Migrations to SAP S/4HANA for Oil, Gas, and Mining Industries

Over 60% of C-Suite execs are finding a lack of preparedness in data management is affecting migrations from SAP ECC 6.0 to SAP S/4HANA. If your organization has been contemplating a shift to SAP S/4HANA, you must ensure that you operate with clean, high-quality data before you move. Data quality not only impacts your data migration efforts but is also the key to decision-making that reduces risk and drives bottom-line growth. 

Tune in to learn how to take data off the critical path and modernize faster!

IBM and Syniti Empower the Modern Enterprise

Incluso la avalancha más grande es desencadenada por cosas pequeñas. Un deficiente manejo de los datos maestros puede causar impactos similares cuando problemas aparentemente pequeños, como errores de entrada de datos de clientes, cuentas, productos o proveedores, pueden generar desafíos significativos, hacer que pierdas confianza en tu proceso de toma de decisiones y comprometer los esfuerzos para mantener el cumplimiento normativo.
 
Únete a los expertos altamente reconocidos en MDM, Antonio Figueroa, CEO, Raken Data Group US, Daniel Badillo, Director de MDM y Ricardo Rosales, Vicepresidente Senior y Director General de las Américas, en un seminario web de 30 minutos más sesión de preguntas y respuestas para aprender sobre los errores más comunes cometidos con el MDM y cómo evitarlos. Obtén información sobre el impacto abrumador de una estrategia de MDM defectuosa, cómo crear una mejor sinergia entre TI y el negocio, y mucho más. Participa en esta discusión que estimula el pensamiento para darle nueva vida a tu estrategia de MDM.

Mejorando los Resultados del Negocio: Cómo Impulsar tu Estrategia de MDM

Datentransformation ist so viel mehr, als nur Daten von einem System in ein anderes zu verschieben. SAP Advanced Data Migration and Management by Syniti ist nicht nur ein „Lift and Shift“-Tool, sondern eine Lösung, die von Grund auf darauf ausgelegt ist, die organisatorische Agilität zu beschleunigen. Der Deep Dive von Insider Research mit Alex Valentin liefert genaue Einblicke.

Datenmigrationen aus beliebigen Legacy-Umgebungen in SAP-Cloud-Umgebungen

The increasing reliance on data-driven processes in life sciences, along with the industry’s evolving regulatory landscape, present unique challenges that demand careful navigation and a proactive approach to data management. Join Syniti’s VP of Strategic Industries, Brad Helman, and Chief Customer Officer, Leonard Maganza, as we delve into the realm of good practice (GxP) and quality control compliance in the life sciences industry. We’ll be discussing the role of data integrity in upholding regulatory standards, best practices for quality control data management, and how we’ve helped our life sciences customers take control of their data to reduce risk and drive new efficiencies.

Life Sciences Data Migration and Compliance: Prescribing Agility in Auditability

Current economic conditions and growing pressure to digitize supply chain operations demand a novel strategy to ensure your organization’s item master stays clean. For some organizations, a single missed match could be worth millions of dollars. Every dollar invested in inventory represents another dollar that must be borrowed from somewhere else -- making the need to address MRO data quality more critical than ever.
 
Join Brian Haering, VP Sales Direct Solutions, & Chris Gorton, SVP, GTM EMEA & MD Field Sales, to learn how organizations can combat duplicate MRO data to prevent equipment downtime, reduce maintenance costs, and ensure continuity and reliability across the full supply chain.

MRO Data Quality – Your Secret Weapon in a Struggling Economy

Trying to manage complex and disparate data sets without the proper resources can often lead to crippling inefficiencies that rob your team of their valuable time, negatively impact working capital and jeopardize compliance efforts. 

Learn how you can obtain a single source of truth for your master data, streamline your business processes, and drive growth. Join Syniti’s MDM gurus for a live 15-minute demo + Q&A to see how you can transform your data management strategy and propel your business to new heights with consistent, reliable and accurate data.

From Data Chaos to Process Efficiency: Unlock the Power of Your Master Data

A winning data strategy can bring transformative benefits to data-driven enterprises, but many companies don't feel they have the data clarity they need to achieve their objectives.  That's why businesses often start with a data assessment, but they can be expensive, complex and time consuming.   

Join Syniti on April 12 to discuss how an effective data assessment can deliver fast, accurate visibility into the state of your data quality and what it means to your business bottom line, in just one week. Syniti experts will highlight how to rapidly identify the most important data quality challenges and opportunities and how to leverage these insights to build an actionable data quality business plan.

Whether you are preparing for an SAP S/4HANA migration, working to improve data to lower costs and enhance business processes, accelerate your data governance planning or improve your data analytics, this webinar is for you.

How a One-week Data Assessment can Transform Your Data Strategy

The unprecedented speed of change and competitive environment of today’s economy are challenging companies today to run their business more efficiently with what they have.

Join the Syniti team for this presentation to learn why data is important no matter where you are on your digital transformation journey. Whether you are planning this for the future, already underway, or whether you have completed your transformation – data has the power to make a massive difference to your business. Chris Gorton, SVP and Managing Director of EMEA at Syniti will discuss why most projects designate data quality and clean-up as a customer’s responsibility and show how Syniti encourages customers and partners to work together to target 100% fit-for-purpose data.

Where does data fit into your journey to S/4HANA?

Even the largest avalanche is triggered by small things. Poor Master Data Management can cause similar impacts when seemingly small issues like data entry errors for customers, accounts, products, or suppliers can cause major downhill challenges, cause you to lose confidence in your decision-making process and compromise efforts to stay compliant.

Join Syniti’s highly regarded MDM experts, Alyssa Sliney, MDM Global Practice Lead and Ricardo Rosales, SVP Sales America for a 30 minute webinar + Q&A to learn about the most common mistakes made with MDM and how to avoid them. Gain insight into the overwhelming impact of a flawed MDM strategy, how to create better synergy between IT and the business and much more. Take part in this thought-provoking discussion to breathe new life into your MDM strategy.

Driving Better Business Outcomes: How to Fuel Your MDM Strategy

Data Archiving: The time to start is now! As the worlds leading organizations prepare for a move to the cloud, seek ways to keep up with regulatory compliance policies, and cut unnecessary costs to remain agile, Data Archiving is the missing puzzle piece to these vibrant pictures. 

Learn from the industry-leading, thought-provoking experts, Robert Reuben and Mark Johnson, as they provide exceptional detail into what data archiving is and why it's time to start. Join this live, 15-minute demo + Q&A to walk away with key findings that your data team and Chief Revenue Officer will be thanking you for down the road.

How Data Archiving Impacts Costs, Compliance, and Productivity

The meter to cash business process is the tying together of a location, a meter, an installation, a partner, a contract, and the usage or consumption of the utility. The setup of and interrelationship between all these need to be consistent, accurate, and complete for the process to be optimized and perform as designed.  Inaccurate data leads to revenue leakage and creates compliance risks.  Inconsistent and incomplete data leads to extra work with estimated reads that can follow on into billing errors and can prevent the business from realizing all the benefits of smart metering.
 
Actively monitoring the data throughout the meter to cash process identifies these “data quality” issues significantly reducing compliance risks, allows the automation associated with smart meters to be realized while removing the manual efforts associated with meter reading because of inconsistent and incomplete data.

ERROR TYPE: Description
* USAGE: Meter reading unit not consistent with rate category
* USAGE, BILLING, AND EXTRA SERVICE WORK: Type of meter inconsistent for rate category, duplicate meters, incorrect manufacturer, incorrect smart meter setup
* BILLING: Connection objects missing a tax jurisdiction coding
* BILLING: Residential addresses with commercial rate categories
* USAGE AND BILLING: Device location status is not installed but the meter is installed
* USAGE AND BILLING: Active account on Deleted Installation

Syniti can help you deliver business ready data that leads to effective business process execution

Revenue Leakage in the Meter to Cash Process

Monitoring

Data Best Practices

Data Quality

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Revenue Leakage in the Meter to Cash Process

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