A CEO perspective on the post invoice economy webinar

12
Internal A CEO’s Perspective on the Post-Invoice Economy An OpusCapita webinar November 16, 2017 19.10.2017 Presentation name 1

Transcript of A CEO perspective on the post invoice economy webinar

Internal

A CEO’s Perspective on the Post-Invoice Economy

An OpusCapita webinarNovember 16, 2017

19.10.2017 Presentation name1

Internal

Agenda

Introductions

Quick Review

Interview with Patrik Sallner,

CEO, OpusCaptia

Internal

Rowan Lemley (host)

Introductions

Patrik Sallner

CEO, OpusCapita

Internal

OpusCapita Today

A broad and

differentiating portfolio

•Product Information Mgmt

•Order-to-Cash

•Source-to-Pay

•Cash Management

•Business Network

SELL

MORE

BUY

EASIER

PAY

SMARTER

220 Millione-transactions

100 Billion Europayments annually

900,000Suppliers

40 MillionCatalog products

Business

Network

Internal

What do we mean with the terms: Cash Agile, New Paradigm and the Post-Invoice Economy

Post-Invoice Economy New Paradigm Cash Agile

• Convergence of

technologies

• Consumerization of B2B

• Legislation

• Transactional processes

offer less value

• Collaborative

opporunities increase

• New value drivers

emerge in Procurement

and Cash Management

• New emphasis on

collaborative supply

chains

Internal

BiC procurement departments

have 20% less overhead

ML and AI further improve

automation rates of AP & AR

Technology & Trends Converge to remove and

automate invoice processing for AP and AR

A Post-Invoice economy is born

A new paradigm is required

Cash agility emerges as the new paradigm

where procurement and cash management

are the new value drivers

Rules-based matching drive

invoice matching to between

60-90%

Consumerization of B2B

increases with expanded

use of VCNs (invoiceless)

Blockchain threatens to

remove invoices entirely with

the use of smart contracts

Self-billing, ERS, PO call-offs

all remove invoices entirely

BiC Procurement departments

can reduce cost of goods by up

to 9%)

Effective working cap mgnt can

deliver up to 36% APR with

early payment programs (DD)

A typical organization loses 5%

of revenues annually as a result

of fraud

Internal

Disruptions, new thinking, cash agilty – a CEO’s Perspective

Patrik Sallner

CEO, OpusCapita

Internal

What is the imperative to change?

Internal

How has it influenced your thinking?

Internal

Winners & Losers?

Internal

The next 3 years

Internal

Thank you and...

Download the whitepaper:

Cash Agile – a new paradigm

for the post-invoice economy