Overview

Title: Harmonizing Procurement and Payables: A Critical Confluence for Success


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Summary

Procurement and Accounts Payable have been operating the same familiar way in many organizations for decades. But they’re not always on the same page.

Goods being obtained without purchase orders, maverick spend, unapproved suppliers and AP having to track down authorized purchases for payments are just a few of the ongoing issues. Recent research from PayStream Advisors shows that only 15% of respondents acknowledge being completely integrated; only 12% share leadership and metrics combined.

A harmonized process – and technology – are needed for sharing insights into suppliers and the complete purchase order-to-payment history. Without these, divisions between procurement and AP will continue to plague most organizations.

Join PayStream Advisors and Determine for an in-depth discussion on harmonizing the links between procurement and AP, including:

  • Research that indicates where these problem areas persist
  • Best practices for improving the communication
  • Technology enablers to reduce cycle times and improve compliance
  • Improving how Procurement and AP interact with supplier management day-to-day

 


Accreditation: Webinar participants can earn 1 CPE credit in Management Services.

Prerequisites: previous experience in finance

Who should attend?

  • Accounts Payable, Procurement, and Back-office Finance Professionals
  • Purchasing Managers
  • CFOs
  • Finance Directors
  • Controllers

Advanced preparation: none

Program level: Update

Delivery method: Group-Internet Based

Cancellation policy: PayStream Advisors may at its discretion cancel or replace a previously announced program with a program of similar content. We will make every effort to provide sufficient notification of such change. For more information regarding complaint and/or program cancellation policies, please email us at cpe@paystreamadvisors.com.

Refund policy: no fee charged


Speakers

Greg Lloyd
Senior Director
PayStream Advisors

Greg is the Senior Director of PayStream Advisors, where he is responsible for overall management of PayStream, including managing staff and operations, as well as relationships with vendors and corporate clients. Greg is also a Director in Levvel’s Payments Practice where he leads client engagements and builds relationships with customers ranging from top-10 banks to start-ups. Prior to Levvel, Greg spent 7 years at Bank of America, most recently leading business-efforts in the emerging payments team, leading the launches of Apple Pay, Android Pay and Samsung Pay. Prior to Bank of America, Greg held a variety of financial services roles at eSpeed / Cantor Fitzgerald and Reuters. Greg holds an M.B.A. from the Darden School at the University of Virginia and a B.S. from the College of William and Mary and resides in Charlotte, NC with his wife and three children.


Constantine Limberakis
VP Product Marketing
Determine

As the VP of Product Marketing at Determine, Mr. Limberakis is focused on strategic efforts for creating brand awareness and promoting new ideas around the evolution of contract management and supplier management. With over fifteen years of experience in the enterprise software industry and a SDCE “Pros to Know” in 2013 and 2015, he’s held various roles in sales, marketing, market research, and product development. His most recent positions included Director of Sales Enablement within IASTA, Director of Marketing at HICX Solutions, Senior Research Analyst at the Aberdeen Group and Director of Business Development at The Shelby Group. During his career, Constantine has published several articles for learned journals including CIO UK, CFO.com, Supply Chain Brain, Supply & Demand Chain Executive, and Today's General Counsel. Constantine holds a BA in History / Economics from the University of Illinois at Urbana-Champaign, and an MBA from the Joseph M. Katz Graduate School of Business and a Masters in Public & International Affairs from the University of Pittsburgh.


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