Agenda Day 1
9:00 am - 9:30 am Morning Coffee and Registration
9:30 am - 9:45 am Chairperson's Welcome and Opening Remarks
9:30 am - 10:00 am BLOCKCHAIN 101: UNDERSTANDING THE TECHNOLOGY THAT’S BEEN CALLED “THE BIGGEST THING SINCE THE INTERNET”Aleksandar Zelenovic, Director, Strategy and Consulting,Sapient
You’ve surely heard the buzz about blockchain, the “distributed ledger technology” that underpins Bitcoin but is much bigger than cryptocurrency – how it’s going to streamline business processes, overturn business models, and transform entire industries. But how confident are you that you understand this technology and what it can do? In this session, we’ll go beyond the hype and the technical jargon to tell you everything you need to get fully up to speed with blockchain. You will come away with a solid understanding of:
- What Blockchain is (and what it is not); how it works; the opportunities and challenges it brings
- The Blockchain ecosystem – platforms, software, and key players
- Real-world case studies and use cases
Aleksandar ZelenovicDirector, Strategy and Consulting
10:00 am - 10:45 am PANEL: BLOCKCHAIN IN SHARED SERVICES: THE PROMISERyan Davis, VP, Procurement Management,Bank of America
You’ve heard how blockchain is revolutionizing business processes across virtually every industry – or promising to. But what does this technology mean for Shared Services Organizations specifically? In this session, you’ll learn why some commentators have describe SSO’s role with blockchain is as “proof of concept” for the blockchain, the ideal place to start testing and piloting the technology within a company. Among the questions this session will address are:
- What are the most promising blockchain use cases for Shared Service Organizations?
- What are the potential benefits – and challenges -- of implementing a blockchain solution?
- How is it already being implemented by SSOs?
Ryan DavisVP, Procurement Management
Bank of America
11:15 am - 11:45 am NETWORKING BREAK
11:45 am - 12:30 pm BLOCKCHAIN IN SHARED SERVICES: STORIES FROM THE FIELDKim N. Pham, Associate Partner / Blockchain Leader,IBM
IBM’s Blockchain practice is involved in several hundred engagements, providing solutions or services to businesses across a range of industries, including a large number of Shared Services Organizations. This session draws on the company’s experience, providing an in-depth look at blockchain’s capabilities in the Shared Services context through case studies of current implementations. You’ll learn about:
- How trailblazers in Shared Services have adopted blockchain solutions to improve their business processes
- Challenges faced and lessons learned
- Latest trends in the space
Kim N. PhamAssociate Partner / Blockchain Leader
12:30 pm - 1:15 pm PANEL: REGULATORY IMPLICATIONS OF USING BLOCKCHAIN TECHNOLOGYCombiz Abdolrahimi, Former Policy Advisor,US Department of the Treasury
Blockchain’s distributed ledger technology could complicate the legal and regulatory landscape. Exactly how is hard to say, given the technology’s nascent state and the wait-and-see approach taken by regulators to this point. What is clear is that the technology’s adoption raises a host of regulatory questions that businesses will need to reckon with – since blockchain is sure to feature prominently on the regulatory agenda in the near future. In this panel, we discuss the main regulatory issues that SSO’s adopting blockchain should consider, including:
- What major regulatory themes are emerging as blockchain is more widely adopted?
- What current regulatory issues could blockchain ease; what new issues does it introduce?
- How should blockchain-adopting organizations proceed given regulatory uncertainty?
Combiz AbdolrahimiFormer Policy Advisor
US Department of the Treasury
1:15 pm - 2:15 pm POWER HOUR LUNCH
2:15 pm - 3:00 pm PANEL: GETTING STARTED WITH BLOCKCHAIN: DESIGNING AND IMPLEMENTING A PROOF OF CONCEPTJose Arrieta, Associate Deputy Assistant Secretary,Department of Health and Human Services
Some Shared Services Organizations are actively partnering with their enterprise Innovation Labs to develop use cases for blockchain, leveraging their subject matter expertise and processing capability to promote learning and to build up a knowledge base around blockchain. In this session, you will learn:
- How to evaluate the most promising focus for your proof of concept , and why you shouldn’t go too big
- Who needs to by involved to avoid derailing the PoC down the line
- How to define success criteria and start thinking ahead to implementation
Jose ArrietaAssociate Deputy Assistant Secretary
Department of Health and Human Services
3:00 pm - 3:45 pm PANEL: THE TRANSFORMATIVE POTENTIAL OF BLOCKCHAIN: PROCURE TO PAYRyan Davis, VP, Procurement Management,Bank of America Mihaela Ulieru, Chief Alchemist,Endor.Coin
Procure to Pay is one of the functions within Shared Services where blockchain has the most obvious potential. In this session, we’ll look at how the P2P process benefit from the technology, from ordering through to invoicing and payment, including:
- Why P2P is such an intuitive fit for a blockchain implementation
- The operational benefits blockchain can deliver benefits in terms of speed, security, accountability and transparency
- Key questions to ask before applying blockchain to a PTP business
Ryan DavisVP, Procurement Management
Bank of America
Mihaela UlieruChief Alchemist
3:45 pm - 4:15 pm NETWORKING BREAK
4:15 pm - 5:00 pm PANEL: BLOCKCHAIN FOR PAYMENT CLEARANCE AND PAYMENT CONTRACTBinu Surendranath, Global Process Owner - Finance Payout,Microsoft Richaele Ingvall, Director of Finance,PepsiCo
Most payment processes consist either of manual paper processes or file/e-documents exchanges involving multiple parties. The payment cycle takes days to complete, and any exceptions or errors will further delay the process. The distributed ledger nature of blockchain establishes the pre-requisite of connecting all the parties in a financial transaction in real time and simultaneously, opening up the possibility of processing the payment across all sides at the same time while supporting an audit trail and reducing the chances of fraud or security breaches.
Binu SurendranathGlobal Process Owner - Finance Payout
Richaele IngvallDirector of Finance
5:00 pm - 5:30 pm CHAIR'S CLOSING REMARKS AND OPEN DISCUSSION
Still wondering if this technology is really ready? Have a question for an early adopter? Figuring out what your next steps should be? Here is the chance to ask any remaining questions you have.