How an Acquisition Helped CommScope Improve Shared Services and Enhance Recoveries
Ultimate Supplier Management
English - January 03, 2022 14:00 - 50 minutes - 34.6 MB - ★★★★★ - 1 ratingManagement Business accounts payable procurement supplier management vendor management Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Moving to a shared services environment allowed CommScope’s finance team to have a greater focus on improving operations while realizing greater efficiencies, cost savings, and proactive measures to ensure tax compliance.
CommScope acquired Arris Communications and observed that Arris was utilizing apexanalytix for AP recovery audits. This service provided an external review of payments and outlined opportunities to prevent overpayments in the future.
As part of CommScope’s continuous improvement and standardization process, Alex Meyer, Director of Shared Services at CommScope, extended the apexanalytix audit to include CommScope entities to recapture potential overpayments similar to the recoveries that Arris experienced.
Listen to this episode to hear Alex talk about:
Post-acquisition: merging two large finance organizationsUtilizing audit service results to close control gaps and standardize processesLeverage contingency-based work to improve financial resultsBest reasons to perform a sales and use tax auditWebinar slides: https://bit.ly/3F633zb
Webinar video: https://www.apexanalytix.com/resources/webinars/how-acquisition-helped-commscope-improve-shared-services-and-enhance-recoveries
Speakers: