sharedserviceslink.com - May 2009 Newsletter

Dear Colleague,

Thank goodness! Business confidence seems to be nosing its way out of the wings. The first calendar quarter was a period of 'sit tight, don't move and keep watch!'. Thankfully we now appear to be doing 'things': gathering information; preparing to make decisions; and initiating projects; with a view to implement performance enhancing tools by the end of 2009. One tool many SSOs are looking to have live by the end of '09 is E Invoicing. If you are intent on turning your paper AP process to pure electronic, book on to E Invoicing Europe 2009 (July - Paris) by this Friday and claim your discount. It will be a sell out event, so be quick. Now, we have a great list of news, job announcements and developments on recent technology purchases in P2P in this month's e-newsletter. Importantly, if increasing the number of purchase invoices processed per FTE per annum is a chief KPI for you, remember to register for our free May webinar - Discover How to Increase Invoices Processed Per FTE By 300%.


	Want to save 50% on any of these events? Call us to find out +44 (0)20 7337 2290 ------------------------ Save up to £100 if you register by this Friday 15th May ------------------------ Early bird expires this Friday Save up to EUR 300 off the conference prices


	How to Slash Your Recruitment Bill by Retaining 90% of Your Trained Workforce in a Highly Competitive Market Presented by Colin Glynn, Controller, European Finance Service Centre, Rolls Royce at 15 Well Kept Secrets to Shared Services Success 2009 Conference Free Webinars Discover How to Increase Invoices Processed Per FTE By 300% 27th May 2009 Webinar: The European e-Invoicing Framework – How Will It Impact on Business Transactions in Europe? 30th June 2009

Bombardier Selects Cebu to Locate SSC
Bombardier Transportation selects Cebu City, Philippines out of 62 destinations to house its back office operations. Bombardier Transportation recently opened its Global Finance Shared Service Center for Accounting and Reporting in Cebu, initially with 20 employees and with a target to grow to 150 by 2014.
> Read more

Nortrax Opens Shared Services Facility in Tampa
Nortrax, a John Deere construction and forestry equipment dealer operating throughout North America, will open a new shared services center in Tampa, Florida. The 24,000 square foot center will employ about 60 people in accounting, finance, credit, human resources, information technology, sales, marketing, parts service, rental, used equipment and inventory management.
> Read more

And Now Museums Adopt Collaborative Shared Services
Museums are not immune to the effects of our global downturn. Brandeis University's Rose Art Museum and the Museum of Contemporary Art in LA, North America, are among others feeling the squeeze and facing a number of options: sell a collection; be subsumed by a larger enterprise; or implement shared services.
> Read more

BT-backed Tech Mahindra Wins Battle for Satyam Computer Services
Tech Mahindra, part of one of India's largest conglomerates and a provider of IT services to the telecommunications sector, has won the battle for the beleaguered services company Satyam Computer Services Ltd in a deal worth over $500 million.
> Read more

How to Make Purchase-to-Pay Automation, Pay
Accounts Payable would be easy if it wasn't for all the paper, as anyone who works in the area will tell you. Any stage in the accounts process that involves manual processing is a drag on efficiency and profitability.
> Read more

Who's Bought What

Bonhams Cuts Manual Data Entry by 80% with Version One and COA Solutions

KEIPER and Road Ranger Sign up to Procurement Solutions from Osiris Innovations Group

NEW
Jobs in Shared Services & Purchase-to-Pay

Check the latest jobs posted around in the industry

Want more news like this? Go to our news section

It's Hard to Ignore the Shared Option
Public sector organisations across the country are renewing interest in shared services, but, as John Tizard points out, a well-defined, inclusive strategy is essential.
As the recession and public expenditure forecasts predict doom and despondency, engulfing politicians and public sector managers alike, there is renewed talk about the need to establish shared services.
> Read the full article

Deloitte's 2009 Global Shared Services Survey Results
Recently Deloitte Surveyed 265 Shared Services Leaders Worldwide regarding drivers and outcomes in shared services. Take a look at this excellent report illustrating great benchmarking information and developing trends.
> Download the report

>	Partner Event: AP Automation Best Practice and Touchless Invoice Processing - Live!
	20th May 2009
>	Discover How to Increase Invoices Processed Per FTE By 300%
	27th May 2009
>	Toning Up Purchase to Pay to Attain Touchless Processing
	18th - 20th June 2009
>	The European e-Invoicing Framework – How Will It Impact on Business Transactions in Europe?
	30th June 2009
>	E Invoicing Europe
	8th - 10th July 2009


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Who's Bought What

**NEW** Jobs in Shared Services & Purchase-to-Pay

NEW
Jobs in Shared Services & Purchase-to-Pay