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Creating Single View of Cash Across Global Finance Operations By: Chris Caparon As the economy resets itself, two of the highest-ranked changes anticipated for this year is redeploying capacity and developing and implementing finance KPIs and information/reporting strategies.This article addresses 7 key working capital strategies in this new economic climate.Friar Luca is also considered to be the Father of Accounting and Bookkeeping.He was the first person to publish a work on the double-entry accounting system and is credited with the accounting formula: Equity = Assets Liabilities Now, roll forward to 2017 and think of Friar Luca when you are calmly trying to explain, to your insistent customer, why they simply cant take another unearned discount off their already past due Accounts Receivable balance! Finance management is finding ways to move the working capital needle and they are changing how order-to-cash teams operate in very material ways with new and very different approaches.Robotic Process Automation: The Next Transformation Lever for Shared Services By: Professor Mary Lacity and Professor Leslie Willcocks Research Objective: The academic researchers at the Outsourcing Unit (OU) aim to assess the current and long-term effects of business services automation on client organizations.
Research Outputs: As of December 2015, we have just submitted our book, Service Automation: Robotics and the Future of Work, to the publisher.
SSAE16 Type 2 certification is a standard set by the American Institute of Certified Public Accountants (AICPA), and since June 2011, SSAE16 audits have replaced SAS 70 audits.
New Collection Analytics Producing Greater Value within OTC (Order-to-Cash) Processes By: Chris Caparon Friar Luca Bartolomeo de Pacioli (14471517, Tuscany), was a contemporary, collaborator and teacher of math in Milan, Italy in 1497, to Leonardo da Vinci (1452-1519).
Many potential adopters of the new types of service automation tools remain skeptical about the claims surrounding its promised business value.
Potential adopters need exposure to actual and realistic client adoption stories.