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Becoming one: finance and procurement

Posted on: May 10, 2011


Fusion 2011 in Orlando is under way. Three singers in suits and ties sang about the hilarities of being an AP manager well before 9am, getting 2,000 delegates in the mood to look in the mirror but retain a sense of humour.

The event so far has largely been about two things: becoming one and taking responsibility. Are we at an AP event or a personal development conference? The reason for my questioning will become clear when you read the following:

1/ Becoming one: During the event’s opening session, Tom Bohn, CEO and President of what is now the Institute of Financial Operations, talked about the importance of becoming one. The walls are coming down – you have to realise you cannot do this alone. Achievement in accounts payable is heavily reliant on very tight collaboration with purchasing. But, as he said, you are responsible for creating this alliance.

Which takes me on to key message number two

2/ You are responsible: A few speakers this morning, including the inspirational Cynthia Cooper, Former Chief Audit Executive of WorldCom, and whistlerblower of the company’s fraudulent activities, have stressed the importance of realising that only you can make it happen.

So… finance conference or personal development event? Well, both, but the reality is, we know that in our personal and professional lives we are faced with choices and have the ability to chose. It is key that we use this knowledge to get procurement on side and become one, and take responsibility for that action to secure success quicker.  And what does success look like? That’s a whole other blog…

The other big news from the event: Tom Bohn and the team announced that the IAPP, IARP, TAWPI and NAPP have also fused into one with the birth of the Institute of Financial Operations – congratulations!

4 Responses to "Becoming one: finance and procurement"

I can’t get that Spice Girls song out of my head now!

Sounds very familiar. In order for companies to take control of their futures its a timely call to become one and be responsible!

We did avoid Two Become One to avoid that nasty side effect – looks like the Spice Girls force is stronger than I thought. Sorry!

[…] with the birth of the Institute of Financial Operations – congratulations!” Read the whole blog post. • Andrew Bartolini from Ardent Partners wrote: “When the new management team came on board a […]

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