FISCAL Technologies

This podcast gives you the rare opportunity to listen to Caroline Adams, P2P Consultant who shares her vast knowledge and experience on how best to protect your organisation from the ever-increasing threat of Fraud.

About your presenter:

Caroline is a passionate P2P expert who has led Teams through numerous transformations and unprecedented periods of change. She believes people are at the forefront of enabling and leading transformation to ensure growth and success. 

Living, Laughing and Loving

There is a way to have it all - to excel at your job while excelling at your life.
This session will address the important first step of taking care of yourself in order to take care of others. Regain your ability to live, laugh and love. Today, Valda will provide an upbeat session on the challenges of trying to find balance in an unbalanced world filled with chaos and uncertainty. She will help us remember: Living is more than just getting out of bed Laughing is more than humour. It can be a strategy for improving your lifeLoving begins with knowing how to love yourself and then transferring that love to others.

About your presenter:

Valda Ford, MPH, MS, R
 
Using her skills as a Registered Nurse and Public Health expert, Valda built a thriving high tech home health and supplemental agency employing 200 nurses and techs, developed the first cardiac, stroke and physical rehabilitation centre in the Caribbean and created the Centre for Human Diversity in. Valda is an award-winning speaker who hosted a cable TV show for seven years, co-hosts a podcast and is a frequent guest on TV and radio. Valda annually delivers 50 - 75 workshops on improving work-life balance, caring for diverse clients, public speaking, and training of trainers. 

STOPPING THE WAVE OF ADVANCING FRAUD

As we head out of the eye of COVID a wave of fraud is on the horizon.   Over the past 18 months, finance teams have difficult working conditions during which, fraudsters have had ample opportunity to commit financial crimes against even the most stringent of organisations. Dave will discuss how good corporate wide management and systemic controls can ensure organisations can, with retrospective and proactive controls, protect their bottom line.

About Your Speaker:
Dave Verma, Independent Fraud Consultant

Dave Verma is one of the UK’s most experienced fraud investigators.  An independent expert, he has lectured for 11 years at the detect training school in Hendon and for various universities and chartered institutions.

PODCAST OVERVIEW

This excellent session was first broadcasted at our annual customer forum, Empower 21. Specsavers sought a solution to identify and prevent overpayments as well as reporting and visibility of all payments.  Implementing NXG in 2020 Nish will discuss how our forensic solution has transformed AP helping to maximise cash and reduce risk.

About our speaker:

Nish has worked for Specsavers for 3 years.  Starting his career over 15 years ago he has a wealth of experience in Finance across many sectors.  He looks forward to sharing his wide knowledge and insights with fellow peers. 

Listen to one of our most valued customers who will highlight the reasons why they chose to transfer from APF to NXG during these challenging times.  Speaking with Daytona Earley, Customer Success Manager at FISCAL Technologies, Cathy answers questions including the ease of transfer and usage of our new platform described as “APF on steroids” 

About our interviewee:

Cathy graduated from the University of Michigan with a Bachelor’s of Science in Administration.  Her career started in the public accounting with an international public accounting firm where she completed the requirements to obtain her CPA license. She was co-owner of a staffing service for several years then moved on and has been in accounting positions in several different industries, including health care, law and now manufacturing.  Cathy has been with MNP Corporation for over 4 years in the Accounting Manager position.  

About our interviewer:

Daytona Early has worked as Customer Success Manager for over five years.  She is passionate about ensuring that our clients are given the best possible tools and support to empower their Finance operations.

Webinar Overview

Supplier Statement Reconciliation and Statement Matching is the litmus test at the end of the Procure To Pay process. It identifies the issues between your system and your suppliers' accounts that cannot be identified without proactive supplier engagement.

Adding statement reconciliation into your control process improves the accuracy of your ledgers.  It can release locked-up cash in your P2P cycle in the form of unused credit notes and previous overpayments made that can be recovered.

Brendan Burke, Head of Education and Consultancy Services, FISCAL Technologies will be sharing his wealth of knowledge and insights into why Supplier Statement Reconciliation is so important and how it can also release locked-up cash in your P2P cycle in the form of unused credit notes and previous overpayments that were once made.

About Your Presenter

Brendan is a qualified fraud auditor who specialises in Accounts payable software, recovery audit, accounts payable audit, AP fraud and compliance.

This 20 minute podcast will be of particular interest to Finance decision makers and strategists as well as Accounts Payable professionals.

Event Overview:

We know that Covid and the uncertainty that surrounds it has directly impacted and applied pressure to organisations, supply chains and the staff within.  This in turn has seen a 6-fold increase in fraud.  These are both complex and unsophisticated fraud attempts which fraudsters are not only wanting to steal cash but access secure systems.   Our speakers will discuss why the increase, what are the drivers of fraud and most importantly how we can protect spend.

About our Presenters:

​​​​Matthew Hammond, MD West Europe, Pagero
 
 With over 17 years in senior management positions within the industry’s most prestigious e-invoicing companies, Matt Hammond has built a wealth of knowledge and best practices in the area of Supplier onboarding.  Matt has been on the frontline of over 200 accounts payable e-invoicing rollouts, which range from the largest companies in the world, right through to smaller public sector bodies – and everything in between. Matt is excited to share his insights to support your digital journey.

Tasha Bailey, Industry Principal, FISCAL Technologies
 
  Tasha has gained valuable insight and acumen from her 20-year career in AP fraud risk prevention and supplier risk mitigation. Having performed vendor risk assessments for the top Fortune 500 companies and trained global teams on the use of risk detection and prevention solutions, she identified root causes of risk that led to best practices.
 
 Tasha has published articles and whitepapers and presented at annual conferences for the ACFE, IAPP, ISM and the  the North Carolina Association of CPAs. Tasha, a Certified Fraud Examiner holds a Bachelor of Science in Accounting and a Master of Science in Economic Crime Management.

 | About Pagero Pagero provides a global business network that connects buyers and sellers for seamless, secure and automated exchange of business documents, such as orders and invoices.

   | About FISCAL Technologies For 17 years, FISCAL has supported customers on their journey to achieving peak performance in Accounts Payable and 100% protection of spend.​​​​  

Recent events highlight the need for resilient operational finance strategies than can flex quickly when required and continuously protect amidst a changing risk landscape.  Like most functions, Finance was already experiencing progress towards digital transformation but was forced to rapidly evolve - an evoloution that marks a new, more agile generation of Finance Operations.

Join Mark Watson, Consultant, Proactis and David Thorley, Director, FISCAL Technologies as they reflect on the need for an agile and resilient operating model, and how AP functions can utilise technology to better control and protect their spend, to deliver the highest value to their organisation.

EVENT OVERVIEW

In 2012 and 2015 NHS Wales embarked on a major AP transformation, resulting in the creation of two services centres servicing four NHS trusts and seven health boards.  This ambitious undertaking established an Accounts Payable function of 130 staff that handles 1,800,000 transactions totalling approximately £4.6 billion spend per-annum.

Frances Lawrence, FD at FISCAL Technologies will be meeting with Russell Ward, Head of AP and Enablement to discuss how the NHS Wales Shared Services overcame the many obstacles on the road to accounts payable transformation.  Russell will detail how agile working, robotics and automation resulted in process improvement and employee satisfaction.  This enabled the team to become an award-winning, remote working, profit centre within a very short timescale.

 ABOUT OUR PRESENTERS

  | Frances Lawrence, Finance Director, FISCAL Technologies    Frances is a commercially-driven and proactive chartered accountant with 20 years post-qualified experience in the technology sector within the UK and US including three years in Silicon Valley.  She has a strong track record of enabling top-line growth, closely managing working capital and realising stakeholder value.   

About FISCAL Technologies FISCAL Technologies offers a pure play cloud-based AI risk management solution that enables modern finance teams to boost efficiency as well as derive useful insights that drive the best decision-making on behalf of the company.

www.fiscaltec.com

  | Russell Ward, Head of AP and Enablement, NHS Wales Shared Services Partnership   Russell is an experienced, professionally qualified accounts payable, procurement, commissioning and project manager who holds a Master Degree in Business Administration. He has a track record of delivering multi-million pound efficiency and cash releasing savings to business and in establishing strategic supplier relationships and procurement strategies, including category management. He is experienced in implementing ERP solutions with the associated change management and business re-engineering that is associated with such projects and he is experienced in working in a Shared Service operation.

About NHS Wales created a Shared Services
NHS Wales Shared Services Partnership (NWSSP)  has 120 Accounts Payable (AP) team members  who process transactions on behalf of eleven business units, each of which retains their procurement independence  billion spend per-annum.

Over the last 12 months, we have seen these two areas of risk increase in priority for every finance function.

During this webinar you will hear from an experienced shared services Senior Finance Manager, Caroline Adams about these risks, what additional controls they needed, and the benefits experienced once FISCAL’s solution was put in place.

 You will hear how FISCAL’s solution

• Detected and prevented £25 million of incorrect payments from being made in a shared service partnership
• Allowed a well-known brand to protect cash and keep invoice processing costs low
• Forensically examines all supplier and transaction data to find hidden issues before payments are made
• Fits around your existing ERP and AP processes without disruption
• Can be running within 30 days