ArvinMeritor chooses OB10 as part of a new phase of finance improvement initiatives, aimed at creating a more efficient back office. The decision follows the establishment of a shared services centre in France in January 2003.
Crossing Borders Author: Emma Birch Added: 29/08/2003 Type: Registered Members Only Viewed: 40 time(s)
New EU invoicing legislation is coming into effect that will promote e-commerce across Europe and simplify invoicing, not least by making the acceptance of electronic invoices part of the statute book. Alain Falys investigates.
It seems that the cost of services and SLA’s are the ‘hot topic’ at the moment. Is it ‘the annual budget season’ that brings this flurry of activity? Is it the increasing demand, on the part of shared service ‘customers’, to know exactly what it is they are paying for?
In the current stagnant economy, margins can best be improved by attacking General and Administrative (G & A) costs. The finance function can lead the organization by radically reducing its cost, sending a powerful Change signal to the company.