sharedserviceslink.com - March 2009 Newsletter

Preparing the sessions with speakers for the forthcoming 15 Well Kept Secrets to Shared Services Success recently has given me goose bumps. The tips and stories these excellent speakers are sharing are like gold. And the focus for this conference is how to get results without relying on huge investment as capital expenditure has shrunk in nearly all corporations. Want to be there? Then please register here. In the newsletter this month we have a case study from Alltel Wireless on exceeding discount goals and eliminating dependency on temporary staff. And if you have come to the inevitable point of deciding what is non-value and can be outsourced, and what you can add value to and should stay captive, then check out Richard Lorenzi's session given at 15 Secrets 2008 on applying the optimum sourcing matrix.

As always make sure you check the latest news stories, our free webinars in finance shared services and the latest blog posts.


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	Having The Optimum Mix of Local, Regional and Outsourced - Lessons Learned from Outsourcing Presented on 15 Secrets to Shared Services Sucess conference in March 2008 by Richard Lorenzi Head of Finance Systems & Processes Orange Business Services Free Webinar How to Eliminate 100% of Paper Invoices By Day One 25th March 2009

Anglo America uses shared services to button down 2 billion savings
Mining giant Anglo American has said it would axe a further 9,000 jobs in 2009, in addition to the 10,000 previously unveiled at AngloPlatinum in South Africa, to bring it in line with lower production and growth plans. But Anglo American declined to comment on where the 9,000 job cuts would fall.
> Read more

CEOs in Media and Entertainment are turning to shared services
Ernst & Young recently surveyed 27 CEOs in the Media and Entertainment industry representing combined annual revenues of more than $333 billion to ask them about their expanding role.
> Read more

UK Local Government believe shared services will help them
A recent survey in the UK by Civica found that 40% of local authorities believe that shared services initiatives can help cut costs, despite recent high-profile problems with some such schemes.
> Read more

Who's Bought What

Hertz opts to roll out fully with Invapay

Siemens buys Direct Insite solution

Want more of these news? Go to our news section

Tips on Managing Purchase to Pay and Order to Cash to Inflate Your Cash Ownership
"This article originally appeared in the Owner Manager Guide to Working Capital Management, and appears courtesy of Business & leadership”
Effective management of creditors is one of the easiest ways for businesses to improve cash flow, and a regular review of policy and procedures in this area can help to identify further opportunities to deliver savings, writes Alan Morris
> Read the full article

Alltel Wireless Gets A/P Back on Track with Brainware Distiller
"On Friday July 14, 2006 we were one company, and on Monday 17th - we were two," says Lynn Smith, Staff Manager-Finance with Alltel Wireless. "At the same time, the wireline company decided they were not going to process a ny network invoices, so we inherited 5,000 invoices per month we were not prepared for."
> Download the case study or View the video testimonial

>	15 Well Kept Secrets to Shared Services Success
	London, 18th-20th March 2009
>	How to Eliminate 100% of Paper Invoices By Day One
	25th March 2009
>	Toning Up Purchase to Pay to Attain Touchless Processing
	London, 18th-20th June 2009


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