LDS Church and the Global Journey toward Paper-free Accounts Payable
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Is this Webinar for me? If you are a finance practitioner concerned about accounting solutions that increase visibility and control, improve financial performance, reduce risk and encourage flexibility – then this webinar will offer you solutions.
Despite optimistic predictions over the last four decades about "going paperless," automating document-intensive processes such as accounts payable has been an elusive goal for most companies.
The Church of Jesus Christ of Latter Day Saints might not be an organization you’d generally consider benchmarking against. And yet Mark Seethaler, Global Payments Manager, faces the same challenges you face: His organization operates across 150 countries; has over 400 missions; supports more than 80,000 full time missionaries; works with 150,000 active vendors including 16 vendor sets; and processes over 1.5 million invoices per year. Historically, LDS Church trained and authorized over 1,500 processors world-wide for voucher entry and approval reviews.
Mark realized that going paperless in Accounts Payables would get him the "low hanging fruit" in terms of cost savings, that he needed. It did all that and more.
Mark and his team have aggressively transformed their global AP operations into a lean, efficient, world-class shared services organization, eliminating the costs associated with paper-handling as a key objective. In this webinar, you will learn how strategic technology decisions and project priorities influenced decisions on the different dimensions of Paperless Office Maturity, and Mark will share the resulting, hard-dollar benefits to his organization.
Find out how the Paperless Office Maturity ModelSM for Accounts Payable can benefit your operations.
Managing payments for a truly global organization is a challenge that is met by operations, IT, and Treasury Services process ownership. Technology and teams combine to refine processes, set and achieve efficiency goals, and proactively address the opportunities presented within today’s dynamic global environment. Mark Seethaler serves as the Global Payments Manager for The Church of Jesus Christ of Latter-day Saints – the LDS Church. As such, he and his organization are responsible to serve the growing needs of this 15-million member organization with congregations in over 160 countries. Constructing and maintaining meetinghouse facilities, managing a missionary program over 80,000 strong, and providing educational and humanitarian services (including disaster response to victims of earthquakes, famines, and violent storms) around the globe are challenges that require both faith and funding.
Mark graduated in Accounting from Bingham Young University where he served as a student body officer (ASBYU Finance), then worked with Deloitte Cincinnati, Ohio where he passed the CPA examinations. He has worked as the Controller and Chief Financial Officer for both public and privately-held entities, including a 12-year stretch with Dayna Communications, serving as the CFO at the time Dayna was acquired by Intel Corporation in 1997. He has instructed Accounting and Finance as an adjunct professor at Salt Lake Community College, and served as President of BioMeridian Corporation before joining the Finance Department of the LDS Church in 2002, earning his APM accreditation while previously managing AP operations. Mark serves as an elected member of the South Jordan City Council, and he and his wife Kristen are the parents of six children and, most importantly, grandparents to eight exceptional grandchildren.
Charles Kaplan has been in the capture business for the past 12 years having worked for SER Solutions, Brainware, and now Perceptive Software. He has helped develop, position, and roll out innovative capture solutions into some of the largest organizations in the world to improve workforce productivity, increase process efficiency, and drive new analytical insights. A frequent speaker at industry events and conferences on the topics of intelligent data capture and business process automation, he holds a BA from Vanderbilt University, an MBA from the Darden School at the University of Virginia, and sits on the board of directors for the Institute of Financial Operations.