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Content provided by Hannah Munro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hannah Munro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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224. Finance Transformation Live: Understanding the P2P Maturity Curve
Manage episode 479707335 series 3457329
Content provided by Hannah Munro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hannah Munro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of Financial Transformation Live, Neil Lynchehaun, Head of Transformation and Delivery at itas, takes you through a practical, experience-driven guide to understanding and improving the Purchase-to-Pay (P2P) process.
You’ll discover:
- Why we use maturity models and how they can inspire achievable steps forward.
- How to evaluate the impact of process improvements across:
- The full scope of the P2P process, including:
- Master data creation and maintenance
- The 5 maturity levels from basic transaction recording to strategic process leverage.
- Real-world characteristics and examples of each maturity stage.
- Insights into practical tools and enablers, including supplier portals, OCR, and dynamic discounting.
- Strategic tips for driving better supplier relationships, optimising working capital, and protecting your financial operations.
Links mentioned:
- Previous session: Improving the Quote-to-Cash Process
- Connect with Hannah Munro
- Connect with Neil Lynchehaun
- Which Sage Product is Right For You Quiz!
- Book a discovery call
- Explore other CFO 4.0 Podcast episodes here.
- Subscribe to our Podcast!
Chapters
1. Episode Introduction (00:00:00)
2. Understanding P2P Maturity Framework (00:01:19)
3. Neil's Extensive Industry Experience (00:03:42)
4. Purchase Requisitioning Maturity Levels (00:10:27)
5. Purchase Order Process Evolution (00:19:28)
6. Goods Receipt and Inventory Management (00:25:51)
7. Invoice Processing Transformation (00:30:55)
8. Invoice Payment Release Controls (00:40:03)
9. Payment Processing and Bank Management (00:47:36)
10. Process Management and Risk Controls (00:53:55)
11. Master Data Management Approaches (00:59:57)
12. Conclusion and Next Steps (01:02:04)
226 episodes
Share
Manage episode 479707335 series 3457329
Content provided by Hannah Munro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hannah Munro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of Financial Transformation Live, Neil Lynchehaun, Head of Transformation and Delivery at itas, takes you through a practical, experience-driven guide to understanding and improving the Purchase-to-Pay (P2P) process.
You’ll discover:
- Why we use maturity models and how they can inspire achievable steps forward.
- How to evaluate the impact of process improvements across:
- The full scope of the P2P process, including:
- Master data creation and maintenance
- The 5 maturity levels from basic transaction recording to strategic process leverage.
- Real-world characteristics and examples of each maturity stage.
- Insights into practical tools and enablers, including supplier portals, OCR, and dynamic discounting.
- Strategic tips for driving better supplier relationships, optimising working capital, and protecting your financial operations.
Links mentioned:
- Previous session: Improving the Quote-to-Cash Process
- Connect with Hannah Munro
- Connect with Neil Lynchehaun
- Which Sage Product is Right For You Quiz!
- Book a discovery call
- Explore other CFO 4.0 Podcast episodes here.
- Subscribe to our Podcast!
Chapters
1. Episode Introduction (00:00:00)
2. Understanding P2P Maturity Framework (00:01:19)
3. Neil's Extensive Industry Experience (00:03:42)
4. Purchase Requisitioning Maturity Levels (00:10:27)
5. Purchase Order Process Evolution (00:19:28)
6. Goods Receipt and Inventory Management (00:25:51)
7. Invoice Processing Transformation (00:30:55)
8. Invoice Payment Release Controls (00:40:03)
9. Payment Processing and Bank Management (00:47:36)
10. Process Management and Risk Controls (00:53:55)
11. Master Data Management Approaches (00:59:57)
12. Conclusion and Next Steps (01:02:04)
226 episodes
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Similar to CFO 4.0 - The Future of Finance
Some Goodness is hosted by Richard Ellis, a seasoned sales leader passionate about inviting top business minds to share their wisdom. Each episode is only 15-20 minutes, perfect for your commute or workout.
…
continue reading
Call them changemakers. Call them rule breakers. We call them Redefiners. And in this provocative podcast, we explore how daring leaders from across industries and around the globe are redefining their organizations—and themselves—to create extraordinary impact in today’s rapidly changing world. In each episode, Russell Reynolds Associates Leadership Advisor Hoda Tahoun and former CEO Clarke Murphy host engaging, purposeful conversations with leaders in and out of the business world who shar ...
…
continue reading
Rachel Cooke is your guide to leadership and communication, helping you craft a workplace environment you can feel good about. She’ll share tips to help you balance your work and personal life, effectively invest your time, and be mindful about where you’re devoting your energy. Let Rachel help you navigate your path to success—however you define it.
…
continue reading
Leading Up is a top-ranking leadership podcast to help you work, lead, and live differently. In Season 7, we’ll shine a light on storytelling, and how it can help aspiring leaders communicate better. Alan Todd, VP of Leadership Development at Udemy, sits down with some of the most thoughtful and exciting leaders, practitioners, and thinkers. Together, we’ll help you unlock your potential and become an even better leader. New episodes drop every Wednesday, so be sure to follow the podcast to ...
…
continue reading
Welcome to an exciting new season of the podcast Your Career: Choice or Chance? - as we dive into the ever-evolving world of GenAI in the Workplace and explore the latest trends, experiences, and career journeys shaping the future of work as AI is increasingly ingrained in it. Each episode provides fresh insights, addressing the transformative influence of GenAI in shaping the workforce of tomorrow, making it a must-listen for anyone interested in staying ahead in the ever-evolving world of ...
…
continue reading
The Partnership Economy explores the power of partnerships through candid conversations and stories with industry leaders. Our hosts, David A. Yovanno, CEO and Todd Crawford, Co-founder, of impact.com, unpack the future of partnerships as a lever for scale and an opportunity to put the consumer first.
…
continue reading
Yes, you can start your own business. And no, you don’t need an expensive degree (or the debt that comes with it). You also don’t need to: Take out a loan Quit your job (right away) Risk your financial stability You just need a little guidance, and the habits it takes to follow through. On The $100 MBA Show, we share the practical, on-the-ground strategies and skills you need to turn your business idea into the future you want. Host Omar Zenhom is a road-tested entrepreneur, business coach, ...
…
continue reading
Welcome to the What’s Next! Podcast. I’ve met so many brilliant people as I traveled the globe and have had some fascinating conversations that I’ve wished had been recorded so I could share them with you - this podcast was a way for me to recreate those moments and let you in on some fantastic insights. My current conversations center around one objective: what's next for companies and individuals as they look to innovate and grow. I hope these conversations inspire you as much as they have ...
…
continue reading
A top podcast for healthcare leaders, with over one million downloads, Radio Advisory is your weekly download on how to untangle the industry's most pressing challenges to help leaders like you make the best business decisions for your organization. From unpacking major trends in care delivery—like site-of-care shifts and the rise of high-cost drugs—to demystifying stakeholder dynamics, to shining a spotlight on priorities that may get overlooked, we're here to help. Our hosts and seasoned r ...
…
continue reading
Wharton faculty and industry leaders discuss their latest research, books, and relevant business topics. Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
