A smart B2B connectivity strategy can drive 35% of the cost out of your F&A outsourcing program and establish a strategic platform for process efficiency and working capital improvement. In this YouTube clip, Will Chen, Director of Deutsche Bank’s Global Transformation Group, explains how they are eliminating paper out of their payables process to drive out cost:
http://www.youtube.com/watch?v=DoSOnkhkY7s
In a recent position paper I explain why the normalization of global labor rates serves as a catalyst for transformational change for today’s F&A outsource providers.