Peeriosity Insights: Recent Research Findings Summarized insights.To view detailed research results, contact us to inquire about membership.

Master Data Management in Shared Services

Introduction There are many types of master data within every business, including employee, supplier, customer, material, and financial.  Leading companies are keenly aware of the importance of Master Data Management, and the role that Shared Services can play to ensure … Continue reading

Posted in Shared Services Leadership

Reporting Structure for the Travel Expense Team

Introduction Before the move to Shared Services, when it was typical for each physical location to have staff with responsibilities for paying employees and paying vendors, the process for managing the compliance and reimbursement portion of the Travel process was … Continue reading

Posted in Corporate Card

RPA/AI Project Leadership – Working with IT and External Partners

Introduction Robotic Process Automation (RPA) and Artificial Intelligence (AI) solutions hold promise to completely change how work gets done across the enterprise, with a significant impact on Shared Service work processes.  Instead of building custom technology solutions, RPA/AI allows companies … Continue reading

Posted in RPA & Artificial Intelligence

The Role of Pay Cards as an Employee Payment Alternative

Introduction While Direct Deposit continues to be the most prevalent employee payment mechanism, Pay Cards can be used as an effective alternative to paper checks for temporary (seasonal) company employees and for individuals considered as non-bankable. By electing to use … Continue reading

Posted in HR Shared Services

Utilizing Lean Six Sigma to Optimize Record-to-Report

Introduction Lean Six Sigma (LSS) is a methodology utilizing a set of strategies & data-driven tools to improve processes in terms of cost, quality & time. Lean is a systematic method for the elimination of waste, while Six Sigma is … Continue reading

Posted in General Accounting

Pushing Supplier Portal Use for Non-EDI Invoices

Introduction For Accounts Payable departments which are processing thousands of transactions every day, while it’s helpful that a high percentage of transactions are automated using ERS (Evaluated Receipts Settlement, where no invoice is required to generate payment), EDI (where invoice … Continue reading

Posted in Accounts Payable

RPA/AI – 2017 Status and 2018 Objectives for Shared Services

Introduction Most will agree that knowing the actual details for how your peers are designing work processes and implementing new technologies will provide the clearest road map for a successful implementation.  By developing an accurate perspective on what is possible, … Continue reading

Posted in RPA & Artificial Intelligence

SharePoint: Turning Technology Support into an End-to-End Service

Introduction The use of collaboration software, such as SharePoint, has been growing in popularity over the past few years in many Shared Services operations.  While how it is being utilized can vary significantly among companies, many innovative applications have been … Continue reading

Posted in Shared Services Leadership

Increasing the Effectiveness of Automatic Payment Posting (AutoCash)

Introduction A significant percentage of large corporations utilize highly advanced ERP systems, such as SAP and Oracle, which have AutoCash rules to determine how to automatically apply customer payments. These advanced systems use the customer’s open balance, along with the … Continue reading

Posted in Accounts Receivable

Lessons Learned in Developing and Implementing a Purchasing Card Policy

Introduction An effective policy can be a critical success factor for any Purchasing Card (PCard) program.  While the investment in time and resources to create a new policy (or update an existing one) can be significant, this effort can result … Continue reading

Posted in Corporate Card