Name: Spend management maturity framework: Where does your business stand?
Start: 2024-07-23T14:17:00Z
End: 2024-07-23T14:17:14.000Z
Location: BrightTALK
Rating: 5

Over 30,000 finance teams use Soldo to enable efficient company and employee spending, automating finance processes end-to-end with card payments, expense management, approvals, and accounting integrations.

“Use it or lose it”. This is a phrase that many teams have heard at the end of a quarter when there is some budget left over. And often, businesses go out and spend that money just because they feel like they must. But this is an example of underspend done badly.

Ultimately, this last-minute spending leads to wasted opportunity and wasted money - even if it is underspent. Those resources could instead be deployed earlier in the quarter more strategically. So, why aren’t they?

It comes down to visibility and trust. If you can’t see what you’re spending, you don’t know if you’re overspent or underspent. And if you don’t trust the people who own the budget to make the right decision for the business, then those decisions become more difficult to make.

In this webcast, you’ll discover best practices for managing and optimising underspend to help you make the most of your budget. Tune in now to find out how you can use your resources more effectively to grow your business.

Best practices for managing and optimising underspend- Italian subtitles

Most organizations have the basic technologies, systems, and software in place to help them manage their finances effectively. But how can you build upon that technological foundation and take your organisation to the next level in the way you manage finance?

The answer isn’t with more technology, but rather a shift in mindset about the role of finance within an organisation. Instead of simply keeping track of money, finance teams can be drivers of innovation and growth, influencing new projects and supporting strategic change. This concept is also known as progressive finance.

In this webcast, you’ll learn how increased trust and transparency between finance teams and the rest of the business can enable everyone to do their job better. Watch now to discover how decentralised, trust-based financial management can drive success for your organisation.

Progressive finance: Moving to decentralised, trust-based financial management- Italian subtitles

very business has an approach for how they manage spend. But for many, spend management processes are slow and messy – a pain that finance teams have become used to dealing with. However, finance employees could be saving 80% of the time spent on generating monthly reports, according to recent research by Forrester. But how can organisations achieve that level of efficiency?

It’s about looking at the whole process, across governance, payment, and review, and taking a new approach. In this webcast, you’ll learn how you can identify potential areas of improvement across those three areas and set a foundation for more effective spend management.

Join the session now to discover 6 indicators that you need a spend management solution and how you can act on them to free up employees for more important business initiatives.

6 indicators you need a spend management solution- Italian

Most organizations have the basic technologies, systems, and software in place to help them manage their finances effectively. But how can you build upon that technological foundation and take your organisation to the next level in the way you manage finance?

The answer isn’t with more technology, but rather a shift in mindset about the role of finance within an organisation. Instead of simply keeping track of money, finance teams can be drivers of innovation and growth, influencing new projects and supporting strategic change. This concept is also known as progressive finance.

In this webcast, you’ll learn how increased trust and transparency between finance teams and the rest of the business can enable everyone to do their job better. Watch now to discover how decentralised, trust-based financial management can drive success for your organisation.

Soldo host several exclusive events for finance leaders.  Our next key initiative is our Soldo Autumn Budget Debrief on 6 November.  We have a stellar panel of political, economic and business leaders who will help decipher what Rachel Reeves's first Budget means for UK business growth. Register today: https://www.soldo.com/en-gb/autumn-statement-2024

Progressive finance: Moving to decentralised, trust-based financial management

Every business has an approach for how they manage spend. But for many, spend management processes are slow and messy – a pain that finance teams have become used to dealing with. However, finance employees could be saving 80% of the time spent on generating monthly reports, according to recent research by Forrester. But how can organisations achieve that level of efficiency?

It’s about looking at the whole process, across governance, payment, and review, and taking a new approach. In this webcast, you’ll learn how you can identify potential areas of improvement across those three areas and set a foundation for more effective spend management.

Join the session now to discover 6 indicators that you need a spend management solution and how you can act on them to free up employees for more important business initiatives.



Soldo host several exclusive events for finance leaders.  Our next key initiative is our Soldo Autumn Budget Debrief on 6 November.  We have a stellar panel of political, economic and business leaders who will help decipher what Rachel Reeves's first Budget means for UK business growth. Register today: https://www.soldo.com/en-gb/autumn-statement-2024

6 indicators you need a spend management solution

What does ‘good’ spend management look like? And where do you start?
This webcast introduces a spend management framework that looks at these questions and is designed to set you on the path to continuous spend management improvement within your business. By watching, you will learn about the 4 stages of spend management maturity that are essential for enhancing governance, payments, and review. They include:
• Reactive
• Managed 
• Defined
• And Proactive

Tune in now to unpack the spend maturity framework so you can find out where your business stands and determine how to move forward in your spend management journey.

Spend management maturity framework: Where does your business stand? (Italian)

According to a recent study by IDC, 60% of finance representatives in Europe claim that the finance function is consumed by meeting the day-to-day needs of the business or improving reactively. This has left many CFOs wondering how they can create more time for their employees, and thereby unlock business innovation and growth.

A good first step is taking control of decentralized spending practices. Although decentralized spending can improve purchasing efficiency, it also limits visibility for finance teams, causing inefficiencies in process and introducing compliance risks. That’s why a spend management platform is an essential complement to optimize decentralized spend.

In this webcast, you’ll hear a discussion between Brandon Till, Head of Transformation at Soldo, and Bryan Glick from ComputerWeekly as they share insights on what you need to control and streamline company spending. Tune in now to find out how improved spend management can drive success for your business.

Decentralized spend debunked: Working toward a ‘no surprises’ environment (Italian)

Businesses are rapidly embracing AI as a key driver of innovation and efficiency. But exactly which factors are causing AI to gain so much traction?

In this webcast, you’ll gain context as to how and why AI investments have seen a 449% increase compared to last year, according to Soldo data, and uncover insights on the critical role technology plays in staying competitive, boosting productivity, and delivering greater value.

By tuning in, you’ll also find answers to questions about AI adoption, including:

• How are businesses implementing AI tools?
• What are the most common categories of AI spending?
• Which industries are frontrunners, and which are falling behind in their digital transformation journeys?
• And more

Watch now to strengthen your understanding of AI’s rise and discover its potential for your business.

L’Ascesa dell’AI: Come Spendono le Imprese?

Rise of AI: How are Businesses Spending?

Decentralized spend debunked: Working toward a ‘no surprises’ environment

The social care sector is buried under piles of paperwork and the weight of tedious admin. Especially when it comes to managing expenses and spending. This leaves less time and headspace for the things you’d rather focus on such as caring for service users, keeping your staff happy and lowering costs.  So, what can you do about it? Chances are the admin systems you’re using day-to-day are long overdue for an upgrade. That’s a stumbling block – but it’s also an opportunity.  

There are simple, user-friendly digital tools out there that can help you modernise the systems that are slowing you down. It’s an opportunity to stand out in the sector, while vastly improving staff and service user experience. 

Implementing a few well-chosen digital tools will make a big difference. In this webinar, we’ll explore:  

- How manual paper-based systems impact productivity and social care quality.  
- Digital tools that eliminate expense management admin and foster collaboration between carers and finance teams.  
- Real-world success stories and how to overcome common worries about embracing digital change.  


Panelists:  
Professor Martin Green, CEO, Care England  
Adam Hutchison- Vice Chair, KICA and Founder/CEO Belmont Healthcare 
Brendan Ryan- National Specialism Director, Hays

Moving forward, fast: How Social Care finance teams can use tech to slash admin

Secondo una ricerca di Ipsos commissionata da Soldo, l’aumento delle bollette e in generale di tutti i costi essenziali ha certamente un impatto su una parte importante della popolazione italiana, ed in particolare sui lavoratori dipendenti ai quali viene chiesto di anticipare le spese aziendali di tasca propria. 

In molte aziende il processo di gestione delle spese è ancora manuale, lungo e macchinoso: i dipendenti presentano le spese, compilano fogli di calcolo e forniscono le ricevute alla fine del mese per ottenere il rimborso.  

Un’automazione del processo potrebbe accelerare la revisione delle spese, ridurre gli errori e diminuire drasticamente i tempi di attesa del rimborso, alleggerendo così la pressione sulle finanze dei dipendenti. 

Nel webinar "Effetti della crisi su spese di dipendenti e aziende: uno studio Ipsos per Soldo" parleremo di questi temi ed approfondiremo con Ipsos i risultati della nostra recente ricerca sul tema “Crisi dei costi d’impresa: è il momento di ripensare la gestione delle spese”. 

Approfondiremo le sfide che dipendenti e datori di lavoro si trovano ad affrontare, l’impatto della crisi sul benessere dei dipendenti e i benefici che si possono ottenere adottando una soluzione che, abbinando carte di pagamento e una piattaforma software, semplifica il processo di gestione delle spese.

Effetti della crisi su spese di dipendenti e aziende: uno studio Ipsos per Soldo

Oltre 30.000 aziende in 31 paesi europei utilizzano Soldo per una gestione più efficiente e controllata delle spese aziendali, incluse quelle dei dipendenti. E i loro team amministrativi possono dedicare più tempo ad attività a valore aggiunto.

Con Soldo puoi automatizzare i processi finanziari del tuo business, pagare tramite carte aziendali, gestire le spese con semplici flussi di approvazione e rendicontarle tramite l’integrazione con il tuo sistema contabile.

Unisciti a noi per vedere un tour della piattaforma con i nostri esperti e porre qualunque domanda!

Soldo Demo del Prodotto: La piattaforma flessibile per la gestione delle spese

Over 30,000 finance teams in 31 European countries use Soldo to enable efficient company and employee spending without giving up control, so they can get back to the work that matters.

Soldo automates finance processes from decision to spend to reconciliation, with card payments, expense management, approvals, and accounting integrations.

Soldo Product Demo : The flexible spend management platform

Spend management maturity framework: Where does your business stand?

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Spend management maturity framework: Where does your business stand?

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