Top 3 Digital Finance Trends for Manufacturers in 2021
As manufacturers are adapting to new ways of working in 2021, now, more than ever, it is essential to maximize efficiency and scale operations to stay resilient. In addition, managing cash flows continue to be a critical tactic to manage business risk. In 2020, more than half of finance leaders surveyed by MAPI indicated that their company’s U.S. cash and short-term balances were expected to be higher at year-end in 2020 versus 2019. In this webinar with Pagero, we will navigate the manufacturing finance industry's challenges and share three innovative digital trends to combat these challenges to take your accounts payables & accounts receivables (AP/AR) processes to the next level.
By the end of this webinar, you will have strategies and next steps to boost cash flows, comply with upcoming global invoicing requirements, automate manual processes, and ensure you have accurate reporting data to make smarter business decisions. Join us to seamlessly maximize your AP and AR processes’ ROI in 2021 for long-term success.
This virtual event is designed for finance, purchasing, and IT executives and will focus on how to optimize and automate AR and AP processes. The program knowledge level is intermediate. No advanced preparation is required and there are no additional prerequisites.
Participants will learn:
- Digital finance trends
- Existing and upcoming global invoicing requirements
- Strategies and tools to optimize AR and AP processes
MAPI is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.
For this event: Participants will earn approximately: 1 CPE credit Topic: Finance
The delivery method is: group internet-based
Note: To receive the CPE credit for this virtual event, you need to participate in the polling, which is a requirement to receive the CPE for this session. Clicking the link in your registration email should open the webinar in the Zoom app.
Bringing modern global ecommerce knowledge from Europe to the U.S., Erik has over ten years of experience at Pagero helping global organizations transform and 100% digitalize their financial processes to scale and streamline.
One of his biggest customer challenges is how to turn both regulatory and customer-specific e-invoice requirements into a business advantage, helping organizations save time, cut invoicing costs, reduce risks, and go paperless to help their teams focus on more strategic tasks.
Having previously managed regions in Scandinavia who are already advanced in the e-invoicing space, Erik has supported manufacturers of all types to digitalize their processes to better reach their trading partners.
With over five years of experience in the industry, Brad has helped multi-national organizations holistically automate their end-to-end P2P and O2C processes while helping them fulfill their global trading partners’ invoice, EDI, and government requirements in a growing digital world.
With a future-focused outlook in both e-invoicing and digital finance, Brad’s experience has helped organizations in North America, Latin America, and Europe prepare for the increased demands of e-invoicing for not only regulatory and tax compliance, but also to satisfy growing commercial demands for automation.