Latest opinions that Jussi Karjalainen has shared on Finextra

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Jussi Karjalainen

CEO

Valtatech

Member since

19 Mar 2019

Location

Melbourne

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Jussi's opinions

How to build a business case for automating your source to pay processes Part 4

How to build a bottom-up, value driven business case for automating your source to pay processes that gets approved. Part 4. My last article covered the import steps of identifying the right technology and designing a realistic transformation roadmap. This article will look at the process of building your business case from a non financial point o...

29 September 2022 /payments /cloud Financial Transformation

How to build an approvable business case for automating your source to pay processes - Part 3

My last article covered the importance of mapping out and getting to grips with your existing technology and data, and then setting out your proposed future ‘to-be’ processes, as you build your business case for investing in your source to pay systems. This article will look at the process of identifying the must-have’s for your future processes, ...

30 August 2022 /payments /cloud Financial Transformation

Build an approvable business case for automating your source to pay processes Part 2

My last article covered the importance of getting the scope of your business case for automating your source to pay processes spot on; and explained why it is critical that you understand your existing processes before you decide to improve, or automate them in full or in part. This article will look at the steps of mapping out your existing tech

15 August 2022 /payments Financial Transformation

Build an approvable business case for automating your procurement and source to pay processes Part 1

Procurement teams within businesses of all sizes are under pressure to drive, and then demonstrate measurable value and savings. Many are choosing to automate and optimise part of or all their finance and procurement operations as part of that process. However, like any other investment, procurement pros need to justify the investment to their CFO...

15 August 2022 /payments Financial Transformation

Peppol. What is it, and how will it help Australian businesses?

Over the past few months, we’ve seen some important announcements made by the Australian Government in relation to e-invoicing. The main being its commitment of $15.3 million to accelerate e-invoicing and support the Treasury and the Australian Peppol E-Invoicing Authority (run by the ATO). That announcement followed similar pushes towards e-invoic...

14 December 2021 /payments Electronic invoicing

How does Peppol e-invoicing work and how will it help Australian businesses?

E-invoicing is not a new concept, and electronic invoices have been around for a while in several different formats, standards, and names - all claiming to connect buyers and suppliers digitally and more efficiently. The issue was that many e-invoicing systems were expensive and time consuming to set up. This meant that it was only something large ...

14 December 2021 /payments Electronic invoicing

How NOT to fail the Australian Prudential Regulation Authority's YFYS spend related performance test

As the Australian Prudential Regulation Authority (APRA) continues to introduce more and more regulation and oversight over the superannuation industry, superfunds are finding themselves having to continually review their processes and policies to ensure that they remain compliant. The latest Your Future Your Super (YFYS) reforms, which came into ...

23 November 2021 /regulation /wealth Financial Services Regulation

How can Australian businesses protect themselves from invoice fraud?

As Australia continues to slip in and out of lockdowns business continuity continues to be tested. While business leaders battle to try and not just survive the pandemic, but thrive, groups of highly sophisticated scammers are seeking to exploit the pandemic and scam businesses out of their hard earned and much needed cash. According to the ACCC’s...

05 October 2021 /security /crime Electronic invoicing

Clearing the fog around AP automation. Can it really save you cash and drive business value?

Accounts payable (AP) automation is hot right now – a simple search for “AP automation” returns over 80 million results. In fact, a recent report identified that for many, especially in the enterprise space, automating and optimising procure to pay processes has become their highest, near term priority. Surprised? You should not be. The pandemic t...

13 May 2021 /payments /cloud Payments strategies 2015-2020-2030

Rethinking Resilience in Business

How learning from 2020 will ensure your business thrives in 2021 The acronym VUCA was first used in 1987 to describe or reflect on the volatility, uncertainty, complexity, and ambiguity of general conditions and situations. The COVID-19 pandemic has pushed each of these four areas to their extremes, with many organisations facing greater volatili...

08 December 2020 /startups /covid-19 Business Knowledge for IT