2019 Webinar Series
To download slides and recordings from previous webinars, please visit the webinar archive page.
Hear from CICM and HSBC – Guidelines for prompt payment
Thursday 20th June 2019, 11.15am – 12.00pm
With the news that some of the UK’s major companies have so publicly fallen foul of the Prompt Payment Code, find out what you can do to stay compliant and out of the headlines. Plus, with $1.6 trillion in unmet demand for trade finance the need to focus on ensuring prompt payment has never been so relevant. In the world of digital media, the potential impact on your business from not demonstrating good payment practice is evident. Just making payments out of cash isn't always simple or the best solution. However supporting your supply chain is a route to competitive advantage - so what is the solution?
Hear from the Ian Fleming of the HSBC Working Capital Advisory and Philip King of the CICM on the importance of prompt payment and what’s needed to ensure you have the working capital position to support it.
Few understand this need for clarity around payment practice obligations and legislation as well as Philip King FCICM. As Chair of the Compliance Board for the Prompt Payment Code and Chief Executive of CICM, Philip is well versed in the ‘Duty To Report on Payment Practice and Performance' legislation, the Prompt Payment Code, and what they mean for your business.
How to improve your AP controls - The Reckitt Benckiser Story
Thursday 11th July, 2019 at 10:30 AM - 11:15 AM BST
Join this webinar to hear Andy Cay, Head of Procure to Pay at Reckitt Benckiser, talk about its latest process improvement project in Accounts Payable. RB is a global business, processing invoices from a high volume of vendors, across multiple ERP systems and a BPO Accounts Payable function. RB has also reorganised into two distinct business units, one for health and the other for hygiene and home products. Like all Accounts Payable functions, regardless of scale, RB always strives to pay its suppliers promptly and ensures its ledgers are accurate, which is a challenge for every business, but especially during a reorganisation and legal entity changes. RB recognised the need to improve its controls in order to be more proactive in identifying and resolving potential errors. Getting in front of issues and paying more suppliers on time inevitably leads to fewer supplier queries, less duplicates and accurate liabilities for financial reporting, so join this webinar to learn about RB’s latest process improvement initiative to support these objectives.
- Improve payment on time
- Reduce supplier queries
- Reduce GRNI balances
- Accurate supplier liabilities
RB* is a leading global health, hygiene and home company inspired by a vision of the world where people are healthier and live better. Its purpose is to make a difference by giving people innovative solutions for healthier lives and happier homes.
Through its two business units, Health and Hygiene Home, RB has operations in over 60 countries and its products reach millions of people globally every day. Its trusted household brands include names such as Enfamil, Nutramigen, Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Woolite and Air Wick.
RB’s drive to achieve, passion to outperform and commitment to quality and scientific excellence is manifested in the work of over 40,000 diverse, talented entrepreneurs worldwide.
For more information visit www.rb.com
*RB is the trading name of the Reckitt Benckiser group of companies