Siemens is a German technology company that performs electrification, automation and digitalisation activities in nearly all countries of the world....
GlaxoSmithKline (GSK) is one of the world’s biggest health care companies. Headquartered in the UK, it employs more than 99,000 employees in 95 countries across three industries: pharmaceuticals, vaccines and consumer health care.
During 2019, GSK manufactured and delivered around 2.3 billion packs of medicine, 701 million vaccine doses and 4.2 billion consumer healthcare products, as well as invested £4.6 billion in research and development. All of this activity resulted in a turnover of £33.7 billion.
The GSK finance function is global and includes a business process outsourcing (BPO) partner whose functions include invoicing, purchase to pay, order to cash and record to report. Finance teams globally use one type of enterprise resource planning software, giving them access to one common set of data across the business.
While this setup has been largely successful, the company identified some areas that could be improved. These improvements aimed to save money and add real value to the company. We spoke to Riccardo Calliano, Head of Finance Capabilities Development and Talent Pipeline, whose role focuses on developing and driving talent, capability and strategic workforce planning agendas across the global finance function.
