Name: How AP Automation Reduces Paper-based Risks & Costs
Start: 2022-12-06T03:00:00Z
End: 2022-12-06T04:00:48.000Z
Location: BrightTALK
Rating: 0

SAP Concur is a Saas solution which offers integrated solutions for business expense management. 
The cloud-based and mobile services make expenditure transparent, simplify planning, booking, billing and reporting. 
With SAP Concur, companies and business travellers can concentrate on business critical essentials and make intelligent business decisions based on accurate data.

Small and midsize businesses are faced with many unique challenges during this time. And while business is getting back out there and you need to prepare to hit the road again, there are a multitude of factors for you to consider. Spend 15-minutes with us and learn more about how travel has changed, how you manage it, and how you keep employees safe and productive on the road. 

In this session, you’ll get answers to these critical questions: 
#1 Do you know the business impact of traveling vs. staying put? 
#2 Are you able to support traveler safety? 
#3 Do you have cost controls in place? 
#4 Can you see all the spending? 
#5 Have you created the best possible travel experience – and why should you? 

Join us for this 15-minute session to help keep your travelers safe, focused, and productive, while keeping your budgets under control.

Top 5 Best Practices for Travel & Expense Compliance in 15 Minutes

With the shift to remote work and the drive for efficiency within the finance function, Accounts Payable (AP) teams need to find a way to curtail rogue indirect spend, process transactions more efficiently and shift from transactional to value-added activities to retain talent. 

Indirect spend has been notoriously difficult to manage due to the volume and fluidity of how it is captured. Additionally, capturing these transactions is further complicated by the various spend channels emerging such as purchase cards, corporate cards, e-invoicing, and Amazon for Business. With the war for talent and constrained AP resources, it is crucial for the finance function to utilise a single platform to process and control indirect spend. 

In this session, we will cover: 
1) The benefits of shifting to a single platform to increase visibility and control indirect spend while driving process efficiency 

2) How to leverage accounts payable (AP) automation to minimise manual invoice processing and support the shift from transactional to value added activities 

3) Showcasing the superior employee experience depicted through the end-to-end flow, from submission to approval, of an invoice.

Managing Rogue Spend and Increasing AP Efficiency

According to Occupational Fraud 2022: A Report to the Nations, expense reimbursement makes up 11% of all asset misappropriation cases, which ranks third among the different schemes and the median loss was USD$40,000.

Fraud tends to proliferate during periods of uncertainty and economic instability. 
Despite the increased risk environment and internal cost reduction targets, employee discretionary spend programs are often neglected or de-prioritised in organisations because they are often viewed as less important even though it impacts the majority of employees within your organisation.

Join us as we discuss how compliance programs around employee discretionary spend need to evolve and deliver sustainable cost optimization across the organization while balancing employee experience.

Speakers: 
Mark Wilfred (Director, Solutions Consulting - SAP Concur)
Ross MacKay (Group Head of Global Shared Services & Finance Process Optimisation
- International SOS)
Munenori Iwanaga (VP, Head of Internal Audit - SAP)

Preventing & Detecting Employee Expense Fraud in Your Organisation

Building a Sustainable Travel Program for the Return to Corporate Travel

Join SAP Concur and CHOOOSE in this webinar and learn how to build a sustainable travel program: 

- Understand the carbon footprint of business travel and exploring possible steps to reduce your organisation’s carbon emissions

- Develop a sustainable travel programme while educating and encouraging employees to change their behaviours to be more environmentally friendly

- Gain visibility into your organisation’s carbon emissions and zero in on areas of your travel programme to optimise 

SpeakerS: 
Mark Wilfred (Head of Solutions Consulting) SAP Concur, Southeast Asia 
Elise Shen (Senior Consultant, Solutions Consulting) SAP Concur, Southeast Asia
Nina Birger (VP of Climate Solutions) CHOOOSE

Why a Sustainable Corporate Travel Program is More Important than Ever

Prevent & Detect Employee Expense Fraud in Your Organisation

Why a Sustainable Corporate Travel Program is More Important in 2023 Than Ever

The pace of business is faster than ever, and your customers, partners, vendors, and employees have increasingly high expectations. When they have questions, they want answers – immediately – so they can navigate the decisive moments that help move business forward. To take advantage of those moments, people need reliable data and insights into spending, budgets, forecasts, and cash flow. Is your manual process for managing vendor invoices and payments able to deliver the level of visibility they need?

In this webinar, we look at some typical AP questions that needs to be answered immediately by the finance team on a day-to-day basis :
• Where is that invoice?
• When can we expect payment?
• What is our cash position?

With that we also dig into the reasons why you can’t easily answer the three Ws and you’ll find multiple opportunities to improve your invoice management efficiency. Manual tasks, bottlenecks, and errors give way to faster payments, improved cash flow, and optimized profitability. We will also showcase how companies use SAP Concur’s Invoice solution to hasten and automate their AP process – so the finance team can focus on their time on for more strategic work.

Supercharge Your Company’s Accounts Payable (AP) Process

Improving the everyday work experience for your employees is critical to keeping them happy. One quick way to do so is by improving their mobile travel and expense experience, which makes work easier when they're on the move.  

This 15-minute webinar has five ways to do that. 
 
You’ll see that by changing a few settings in the Concur Mobile app, employees can get all their receipts done at once, they can manage budgets and requests on the go, and they can even get themselves a helpful personal assistant – virtually, of course. 
 
Take a moment to discover how much a better mobile experience can mean.

Top 5 Ways to Improve Employees' Mobile Experience

How AP Automation Minimizes Manual Invoicing & Rogue Spend

As businesses transitioned into a touchless and paperless operating environment, it quickly became apparent that Accounts Payable (AP) automation has its benefits of visibility and control over cash flow. For example, an automated invoicing can potentially reduce costs by 80% compared to the manual process and unlock faster ROI.

In this market, your business can’t afford to miss out on the promises of AP automation.

To kick-start your journey, tune into our webinar as a panel of speakers from Coca-Cola, Schneider Electric, and SAP Concur walk through the following to get you started:
• Streamlining the entire invoice-to-pay process and addressing the digitalisation challenges
• Eliminating the risks and waste of paper-based processes
• Building towards a touchless future with OCR and E-invoicing

Speakers:
Jeffrey Capulong, Head of ERM/CRM Transformation, Coca-Cola Bottlers Business Services, Inc.
Vikas Bajaj, Vice President Finance Transformation & Engagement Lead, Schneider Electric
Gladys Chiu, Senior Solution Consultant, SAP Concur
Mark Wilfred, Director, Solutions Consulting, Southeast Asia, SAP Concur

How AP Automation Reduces Paper-based Risks & Costs

SAP Management

AP Automation

Optimisation

Cash Flow Optimisation

Living with COVID

AP Digitisation

Automation

Data Insights

Enterprise Transformation

Enterprise Cloud

The IT security community on BrightTALK is composed of more than 200,000 IT security professionals trading relevant information on software assurance, network security and mobile security. Join the conversation by watching on-demand and live information security webinars and asking questions of experts and industry leaders.

IT Security

Practicing business intelligence allows your company to transform raw data into sets of insights for targeted business growth. The business intelligence and analytics community on BrightTALK is made up of thousands of data scientists, database administrators, business analysts and other data professionals. Find relevant webinars and videos on business analytics, business intelligence, data analysis and more presented by recognized thought leaders. Join the conversation by participating in live webinars and round table discussions.

Business Intelligence and Analytics

As an IT professional, many of the problems you face are multifaceted, complex and don’t lend themselves to simple solutions. The information technology community features useful and free information technology resources. Join to browse thousands of videos and webinars on ITIL best practices, IT security strategy and more presented by leading CTOs, CIOs and other technology experts.

Information Technology

Internal audit and compliance professionals are facing increasingly stringent regulatory requirements when it comes to compliance reporting and internal control procedures. Join the audit and compliance community to learn best practices from thought leaders on topics such as regulatory compliance, internal audit checklists and audit program strategies.

Audit and Compliance

Get powerful finance insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge that will help you to determine which financial factors build or erode value in your organization.

Finance

Get powerful finance management insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge that will help you to determine which financial factors build or erode value in your organization.

CFO Strategy

Get powerful financial planning and analytics insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge and drive optimal financial performance for your company.

Financial Planning and Analysis

Join this new, vibrant community to learn and connect with top thought leaders, startups and banks who are disrupting the financial services industry. Keep up with the latest news and trends in Fintech and take part in lively debates on topical issues and challenges.

Fintech

The accounting and finance community on BrightTALK features presentations from leading accountants and finance professionals. The accounting community includes tax planning strategies, QuickBooks webinars and other accounting webinars, while the finance community features presentations on financial capital regulations and forensic data analytics. Join the conversation by attending live financial and accounting presentations and connecting with industry thought leaders.

How AP Automation Reduces Paper-based Risks & Costs

Presented by

About this talk

More from this channel