Finance
Finance
The first Finance event of the year will be focusing on AR and AP Automation and Unveiling the Role of Financing.
Imagine a scenario where invoices are being processed faster, errors reduced, and payments accelerated. By simplifying the processes involved in paying suppliers, collecting payments from customers & applying cash faster, AP and AR automation can significantly boost working capital.
The first session by Garoid Pierse from Serrrala delves into the transformative power of automating Accounts Payable (AP) and Accounts Receivable (AR) processes by showcasing best practices in AR and AP automation through real-life case studies & how to choose the right vendor to maximise your SAP investment.
Explore the significant role of financing in bolstering working capital. Financing solutions such as Dynamic Discounting, Supply Chain Financing, Virtual Card, Receivables Financing and Inventory Financing can provide businesses with the necessary funds to meet short-term obligations, manage inventory, and seize growth opportunities. Join Robert Grimes from SAP to dive into various financing options, their benefits, the related business processes and how businesses can strategically utilise them to optimise working capital efficiency and ensure financial resilience in today's competitive landscape.
The day come to a close with a session from Jody Neale, Director of Finance Transformation from Sanctuary Group which will focus on gaining insight into the finance function within a housing industry, exploring how Finance teams navigate systems to deliver day to day operations and the critical role of data to produce Customer, internal, regulatory and compliance reporting.
what you will learn:
- Real-time Cash Visibility: By automating AP and AR processes, finance leaders can gain real-time visibility into key KPIs like Working Capital, DSO and DPO
- Improved Accuracy and Efficiency: Automation minimises the risk of manual errors in invoice processing and payment handling, leading to increased accuracy in financial transactions
- Optimised Cash Flows: Safeguard liquidity and optimise working capital with complete control over inbound and outbound cash flows
- Enhanced Liquidity: Financing options such as Virtual Cards, Dynamic Discounting and Supply Chain Financing provide businesses with immediate access to funds, improving liquidity and enabling them to meet short-term financial obligations efficiently
- Efficient Inventory Management: Inventory Financing solutions help businesses manage their inventory effectively by providing financial support for purchasing and stocking inventory, optimising inventory levels, and reducing carrying costs
Book your place now to learn from the experts!