Finance and procurement – a fine romance or the best of enemies?

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Presented by

Anna Bjärkerud, EBG and Sush Koka, Jason Vincelette and Tuula Tuononen from Basware

About this talk

In this on-demand webinar we partnered with EBG to discuss the relationship between Finance and Procurement. Traditionally, in most organisations, the relationship between finance and procurement has been ad-hoc, and not strategic. Even though the two functions are closely linked together and have mutual goals of savings, control and visibility, oftentimes there is tension between the two departments due to historical differences in their duties and solutions that functioned independently. But all that is changing thanks to automation. The webinar covers key topics, such as: - Challenges of having a disjointed process. There are typically three areas where disjoint processes are common; spend control, compliance and supplier relationships - Trend toward cross-functional collaboration by use of automation and digitalisation - Steps to bringing finance and procurement closer together by means of platforms, processes and people. Speakers: Anna Bjärkerud, EBG Sush Koka, Basware Jason Vincelette, Basware Tuula Tuononen, Basware

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Basware is the only procure-to-pay and e-invoicing solution provider that empowers businesses with 100% spend visibility through 100% supplier connectivity and 100% data capture. Our cloud-based technology enables organizations to fully manage their spend, mitigate financial risk and reduce the cost of operations via automation. With the world’s largest open business network and an open technology ecosystem, we are uniquely positioned to deliver the solution required for Visible Commerce, which provides customers with complete transparency into all the flows of money, goods, and services around the world. A global company, Basware has offices in 14 countries and is traded on the Helsinki exchange (BAS1V: HE). https://www.basware.com/en-en/home/