Finance and Accounting

Modernizing the ‘Source-to-Pay’ Value Chain in Finance

Speaker/s

Jeff Heusen

Senior Vice President, Finance & Accounting Solutions

Key Points

CFOs must transform pandemic-disrupted supply chains and steer their organizations through volatility
They are using a host of digital solutions to add strategic sourcing to enable the move from P2P systems to S2P
Integrating upstream and downstream S2P value chain (sourcing, procurement and accounts payable) can stave off disruption

The impact of the pandemic on global supply chains has been especially disruptive. And CFOs are busy seeing their organizations through extreme uncertainty to emerge stronger. According to Everest Group’s Global CFO Survey 2020, supported by WNS, ensuring supply chain continuity is a key concern for CFOs across industries and geographies. Suppliers are facing a raft of challenges as well – a shrinking customer pool, broken payment agreements, delayed finances, and increased penalties altering relationships with buyers. Our joint webinar with Tradeshift explored how modern CFOs are using digital solutions to unlock working capital, boost efficiency, reduce risk, and bridge finance and procurement to support relationship success to create an agile, seamless, and future-ready organization. Watch the webcast to know more.