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to Our Business ormation
developing the skills of our employees. Here we have a few examples of key projects that have been implemented so far.
As we continue this transformational journey through the next year and beyond, we know we can rely on the
team’s unwavering commitment to deliver on providing our company with a structure and foundation that will support our long-term success.
Making Businesses Better
Making Small Improvements to Create a Bigger Impact
Through continued partnership with divisions and IT, we continue to make ongoing smaller improvements that collectively add value through speed, ease and efficiency. Notable improvements include the following:
Automation of Purchase Requisition (PR) to Purchase Orders (PO), June 2020 - Users follow standardized steps and leverage SAP functionalities while creating PRs. This minimizes manual manipulations for all POs and facilitates the automation of a high volume of POs. As a result of this improvement, around
50% of the POs under $1,000 are being auto-generated with no manual touch.
 Cash on Delivery (COD) Auto- mation, August 2020 - This allows for daily auto-matching and clearing of high-volume tickets and credit card payments in SAP, across Aggregates and Concrete businesses. Daily manual pro- cessing, reconciliations and the number of unapplied payments have been reduced.
Auto Posting Vendor Invoices, August 2020 - As a pilot
project, Accounts Payable and IT shortlisted ten high-volume vendors and introduced logical rules in the system to automate matching and posting of the invoices once scanned. This has significantly reduced manual intervention on these high- volume vendors and provided learnings to
scale up the solution to more vendors.
E-invoicing
– The Order
to Cash
(O2C), Collections and Sales teams have continued to work with customers to enroll them into electronic invoicing and eliminate paper invoices. We have increased e-invoicing from 70% at the beginning of the year to over 80% by October 2020. Customers receive invoices the same day, it saves administration and postal costs and supports our cash collection.
Develop our People with the Career Passport Program
Launched in 2018, the CRH Canada Finance Career Passport Program is designed to expose employees to various business units and functions throughout their journey at CRH Canada, which will allow them to get a deeper understanding of our businesses, our activities but
also our customers. S
This program has allowed several employees to get involved in major projects, acquire new skills, broaden their perspective and be part of the solution as we move forward as a company.
The Passport Program revolves
around three key components
– Skills, Tasks and Projects –
that are proven to contribute to
an employee’s development.
All employees from the Finance and CCS teams are encouraged to have a discussion with their managers to incorporate these elements in their Yearly Objectives in Success Factors.
T P
Finance Career Passport
Ingredients of the Career Passport
Skills
Tasks Projects
Develop your skills to add value for the organization and stamp you rown passport of career progression. Skills can be developed via a combination of on-the-job tasks and projects
Most of your development should come from on-the-job tasks and activities. This can also include tasks beyond your area of responsibilities such as serving on a cross-functional team and participating and managing projects
Projects are very powerful means to fast-track one’s skills development and a critical way to complement skills that are not commonly required through day-to-day activities.
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