
According to Mr. Gross’s September newsletter, we are into a New Normal – “a period of time in which economies grow very slowly as opposed to growing like weeds; in which profits are relatively static; in which the government plays a significant role in terms of deficits and re-regulation and control of the economy; in which the consumer stops shopping until he drops and begins, as they do in Japan, saving to the grave.”
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Today David Peraino, Managing Director and Global Product Executive for Order-to-Pay presented JP Morgan’s electronic invoice presentment and processing (EIPP) platform.
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John Kelso, CPA, is the VP of Global Process for Thomson Reuters. He walked us through their 2008 process for automating Accounts Payable (AP). Thomson operates in 93 countries with 55,000 employees. Consider this: they have 30,000 cost centers.
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The name of this blog is Practical Turnaround Thinking and it’s written for 21st century management teams who want to use the tools of the turnaround manager to stay ahead of the curve.
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Tim Hesler, Head of Treasury and Risk Advisory Practice at KPMG, moderated the panel and started with a funny Top 10 things to not tell your CFO. We laughed but knew that these statements are uttered every day, somewhere.
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