Collecting and applying cash quickly and determining credit risk accurately is essential for any finance organization – whether the processes are executed globally in shared service centers, in regional subsidiaries, or partially outsourced to external service providers. At its core, an efficient and agile AR Automation translates directly into more working capital, less financial strain, and hence more discretion regarding business and investment decisions.

Shared Services Tech 2021 will explore how Global Business Services are going beyond cost-saving, and delivering revenue and working capital impact by leveraging technology to adapt to the changing landscape. This event will deliver fresh and relevant insight through thought-provoking panel discussions, keynote sessions, and networking hours with some of the biggest leaders in the shared services domain

AR Automation is a top priority for finance organizations worldwide. The multinational company Hitachi can be considered a leading example in this matter. They achieved best in class cash application processes by ambitiously aiming for intelligent automation on a global scale. This way the organization was able to overcome time-consuming manual activities, such as maintaining Excel spreadsheets to follow up open items or printing of bank statements, receipts, postings. Applying intelligent technology resulted in a cash application automation rate of 90 % in some of Hitachi’s subsidiaries, strengthening their overall accounts receivables management.

Join our virtual panel discussion on 29 April at 11 am CET, hosted together with Callisto Grand, a renowned provider of credit best-practices with a strong regional footprint in Central and Eastern Europe. Learn how the leading international technology companies Hitachi centralized and harmonized their cash application processing using intelligent automation within their company-wide project “Cash Applied before Breakfast”:

• All cash applied: Improved cash flow, financial control, transparency and compliance by reducing the volume and value of unallocated payments
• High standardization: Running the same centralized cash application process in all Hitachi subsideries around the world
• Unparalleled transparency: Delivering standardized reporting on cash application and unapplied cash

With this successful project, the organization has won a highly commended Corporate Recognition Award for Working Capital Management of the TMI Award 2018 for Innovation & Excellence using the Serrala Cash Application solution.

Callisto Grand and Serrala are joining up to support companies that are struggling with the impact of BREXIT.
Callisto has published several articles about the Perfect Storm and its implications.
Join Mark & Eva at an interactive roundtable discussion to learn about the tools that ensure a successful transition even in the Perfect Storm.
These tools include:
Cash Application
Collection Management
Risk Management
and Dispute Management
Expand your knowledge about how automated tools can support your Working Capital

As executives look into 2021, they see a rare window of opportunity to enable long-term cash excellence. In this upcoming webinar from HighRadius, our expert Mark Harrison, Founder & CEO at Callisto Grand will share their insight on how to develop and execute a turnaround strategy for the order to cash which will strengthen the cash culture across the organisation to stay ahead in the new economy.

2021 and the 3 C’s of e-Invoicing: An upcoming tale of clearance, compliance and complexity.

Why governments across the continent will continue to push for e-Invoicing mandates amid economic uncertainty.
As companies worldwide are still reeling from months of market and operational pressure brought on by the COVID-19 pandemic we ask, are they better prepared to meet the challenges 2021 will bring?
The global e-Invoicing landscape continues to evolve rapidly and governments across Europe are stepping-up their plans to mandate e-Invoicing for all B2G and B2B transactions. As this year’s dramatic market developments have shown, there is an urgent need for businesses to establish paperless supply-chain processes, in order to accelerate payments and avoid the delays to invoice processing caused by remote working and the logistical handling of paper documents.
Join us for our webinar on 25 November at 10:30 CET where we will discuss the 3 C’s of e-Invoicing and how best to prepare your business for 2021 and beyond:
• The 3C’s of e-Invoicing: A tale of clearance, compliance and further complexity.
• The current state-of play: Examining the European e-Invoicing landscape in 2021.
• The importance of the clearance model: Why the performance of Italy’s mandate may cause further disruption across the continent
• How to navigate this landscape and get ahead of your mandates. What to look for in an e-Invoicing solution and service provider

Welcome to our virtual Expert Forum on Cost Reduction in AR & AP. Today’s CFO Playbook event will include interesting discussions and actionable information on instruments that can help you lower costs and build a stronger future for your business.

Join our virtual live sessions and Meet the Experts roundtables, hosted by members of our accounts receivable and accounts payable teams. Browse through our on-demand videos to discover different ways to approach cost reduction in AR & AP and:

Eliminate Transaction Costs
Increase Process Efficiency
Boost Financial Performance

What’s the impact of the corona crisis in a European context?
Leading credit management & treasury management associations including :
@AFDCC (Association des Credit Managers)
@Associazione Italiana Tesorieri d’Impresa (AITI)
@Mark Harrison Callisto Grand (former ACCEE)
@Chartered Institute of Credit Management (CICM)
@Vereniging Voor Credit Management (VVCM)

To celebrate the launch of Callisto Grand (formerly ACCEE) we bring you a world premiere in O2C technology. Featuring CEOs from 5 of the world’s most advanced and respected service providers together.

Moderated by Tom Bangemann, the subjects include:

IA,AI and RPA in O2C
Learnings from COVID-19 – what stayed?
The impact on WFH
Impact on cybersecurity and hacking on your business
RoI of O2C Fintech solutions
Flexibility and global reach of Fintech solutions
Enhancing the GBS value proposition
The upskilling opportunities for talent

A Panel Discussion by ACCEE and Serrala

As cash flows tighten up in the face of the economic crisis triggered by COVID-19, payment delays, liquidity crunches and insolvencies are only a matter of time. Finance teams and shared service centers for accounting find themselves under increasing pressure to collect on their outstanding receivables and optimize working capital. As liquidity becomes a top priority, it is essential that you are able to collect and analyze your receivables portfolio in a targeted and methodical manner.
In a joint webinar with the Association of Credit for Central and Eastern Europe (ACCEE), finance experts will talk about the current challenges and solution approaches in credit, collections and working capital management. Join us for a virtual expert panel discussion and gain valuable insights on how to approach accounts receivables collection and working capital management in the face of the current crisis.

We meet twice a month to discuss challenges within the AR function and collectively talk about how to solve them (with a little help from some experts who have been there before).

Unique opportunity to discuss the huge challenges and opportunities for Credit Professionals
Connect with your fellow credit professionals and share best practices, ideas and even frustrations
Learn from the experiences of fellow professionals including Mark and Brian who have managed credit departments successfully in previous recessions
Each week we will focus on one or two subjects that have been raised by members to support and offer guidance to todays challenges
Getting better doesn’t have to stop because of the challenges of today – instead see how you can use this as an opportunity to be a change catalyst moment for your department – and your career!

Mark Harrison, Founder, ACCEE | Bill Sarda, Solution Engineering, Strategic Accounts, EMEA
Considering the scale of economic uncertainty, the CFOs and the Treasurers are focusing more on liquidity management. The A/R teams can play an important role during this time by recovering the past-dues and improving the working capital.

However, the collection teams are working remotely and they find it a monumental task to assimilate customer info across various sources to form collection strategies. Join Bill Sarda, Manager – Solution Engineering, Strategic Accounts – EMEA, Mark Harrison, Founder of ACCEE and Tanya Arrowsmith, Marketing Manager, EMEA to find out how to update your existing dunning strategies using customer data & technology, thereby improving your DSO.