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Finance - are you checking your T&E blindspots?

We learn about blind spots when we first start driving, but it’s easy to forget to check them. It isn’t just driving where blind spots crop up. A recent survey of UK finance leaders revealed that 81% have got blind spots when it comes to their company’s travel, expense and invoice spend. Considering that a typical company spends over 10% of its annual budget on T&E alone, not having complete visibility has serious implications.

What's the acceptable number of slaves to have in your supply chain?

“How many slaves do you have in your supply chain?” isn’t the usual conversation opener that CEOs expect to have, but it’s one that Justin Dillon, Founder of Made in a Free World makes a point of asking. “It tends to make them sit up and focus,” he said, during our conversation during last week’s SAP AribaLive event. Founded in 2011, Justin set up the company after hearing harrowing stories about the modern day slavery that lies hidden deep within some of our supply chains.

With Ian Smith, General Manager, Invu

Q: So Invu was established back in 1997, tell me a bit about how the company has developed in that timeIan Smith3

A: Well, it’s been quite a journey! Going back 20 years, the company was thought of as something of a rising star. Invu was at the vanguard of the “paperless office” as scanners arrived and turned paper into digital documents. But organisations soon discovered that didn’t mean that some of the issues associated with paper processing instantly went away. So there was need for electronic document management (EDM) to stop the paper chaos becoming digital chaos. Filing and storing documents is only a benefit if they can be quickly and reliably retrieved. Most people find it hard to be passionate about documents, but they can become extremely passionate about a particular document if they can’t find it!

With Rachel Griffiths, Business Process Consultant, Canon

Q: Forging a career out of Accounts Payable is not necessarily an obvious career path – what’s your journey been like?rachel griffiths2

A: Well, I’m lucky in that it’s been a journey that’s taken me down several different paths, each one connected to the last, but providing me with a pretty unique insight into lots of related functions such as supply chain, procurement, sales, credit control and fraud. It actually all started aged 17 on a YTS scheme where a position as an Accounts Office Junior exposed me to just about everything, but most of it was AP. Luckily for me, when the FD left – he took me with him. But it wasn’t until my job with Orange that I realised to be effective, you need to think of AP as a customer service and networking role within the business.

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Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.