Enterprise 2.0

Leveraging Existing Assets: Accounts Payable And Receivable Shared Service Model

Free registration required

Executive Summary

Corporate finance professionals, similar to parents of multiples, are currently looking at what can't be shared within their organisations - and, more importantly, what can be shared. In other words, a shared services model for various functions - specifically operating several finance functions under the same umbrella. Traditionally, finance functions have operated independently: Accounts Receivable (A/R), Accounts Payable (A/P), lockbox, etc. In many organisations, these functions run under separate silos with different management teams, budgets, expenditures and, sometimes, different technology systems. In today's economy, this model is no longer sustainable.

  • Format: HTML
  • Size: 0 KB