Digitalising the finance department: Opportunities vs Challenges
The new decade is upon us, and large corporations are looking at ways to digitalise b2b finance. On one side is the thrilling opportunity of freeing up working capital, reducing paper invoices and wasted time shuffling through duplicates. On the other is the challenge of collaborating with IT departments, getting the executive buy-in, while keeping an eye out for risks such as cybercrime.
Which technologies should be at the top of the list for finance innovation?
Are finance teams keeping up with regards to digital transformation compared to other functional groups?
What is the most challenging aspect of digitalising the finance function?
Does automating payments actually optimize existing payment systems?
Can a company cut costs by automating payments? Which ones?
3:50 pm: Guest to check-in online 4:00 pm: Introduction by Ortus Club 4:05 pm: Introduction of the participants 4:15 pm: Welcoming address from Tradeshift 4:25 pm: Discussion instigated by the moderator and continued by the group 5:15 pm: Discussion closed by the moderator
Tradeshift drives the innovation of the Supply Chain for a digitally connected economy. As a leader in payments and marketplaces, the company helps buyers and sellers to digitize all their business transactions, collaborate in all processes and connect to any application in the Supply Chain. More than 1.5 million companies in 190 countries rely on Tradeshift to process more than half a billion dollars in value per transaction, making it the largest global commercial network for buying and selling.
The Ortus Club hosts knowledge-sharing discussions for senior executives, globally. It has been providing an environment for business leaders to come together and share experiences on specific business topics. Events have been hosted in Singapore, Hong Kong, Shanghai, London, New York, Kuala Lumpur, Manila, Sydney, Melbourne, Adelaide, Brisbane, Mumbai, Geneva, Paris, Los Angeles, San Francisco, Dallas etc. As well as virtually.
Ashu Sharma Associate Director – Financial Services – CIO Advisory & Digital at PWC
Tuesday, 31st of March, 2020
4:00 PM GMT
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