ELECTRONIC INVOICING: STREAMLINING THE BACK-OFFICE TO SAVE TIME AND UNLOCK OPPORTUNITY. No longer just for large companies

Size: px
Start display at page:

Download "ELECTRONIC INVOICING: STREAMLINING THE BACK-OFFICE TO SAVE TIME AND UNLOCK OPPORTUNITY. No longer just for large companies"

Transcription

1 ELECTRONIC INVOICING: STREAMLINING THE BACK-OFFICE TO SAVE TIME AND UNLOCK OPPORTUNITY No longer just for large companies

2 EXECUTIVE SUMMARY Invoicing has historically been a cumbersome, manual process for businesses. As managers know, invoicing inefficiencies equal lost revenue, poor cash flow, and customer dissatisfaction. Today, pressure from both the private and public sectors is making the old way of time-consuming manual invoicing obsolete. This paper explains why a growing majority of businesses and governments are now insisting on electronic invoicing, to reduce invoicing errors, improve profitability and achieve compliance with tax regulations. It also reviews the basic requirements for electronic invoicing, and how you can use Openbravo to meet your electronic invoicing needs.

3 BENEFITS OF ELECTRONIC INVOICING When your business grows, success dictates that back office processes like invoicing ultimately need to be formally managed and tracked. Invoicing with spreadsheets, text files, and accounting packages such as Quickbooks or Contaplus has become a relatively standardized and straightforward process, even if it remains a time-consuming and manual activity. However, what was good enough yesterday for invoicing will not be sufficient tomorrow because the competition and the majority of the global economy are rapidly shifting to electronic invoicing. In addition to enabling business agility by eliminating the operational overhead of manual invoicing, electronic invoicing offers a number of significant advantages over manual processes, including: Accelerated Invoicing Using an ERP for your invoicing eliminates the need for paper invoices because all your work is digital. Invoices already in an automated system can be delivered electronically in seconds instead of days or weeks, which translates to rapid account settlement and an improved cash position for your business. Accurate Invoicing With the invoicing process partially or fully automated by an ERP, you significantly lower the likelihood of error that can negatively impact financial reporting from a tax or customer satisfaction perspective. Tax and Financial Reporting The consistent, digital processing of invoicing helps you streamline financial reporting and provides easy auditing for tax reporting purposes. Access to Large Public/Private Transactions - To close sales today, a majority of governments and businesses require electronic invoicing for any and every transaction. If your company lacks the ability to send electronic invoices, your company also lacks the ability to compete for some of the largest possible sales. UNLOCK GLOBAL PUBLIC SECTOR BUSINESS WITH ELECTRONIC INVOICING The last benefit above, Access to Large Public/Private Transactions, merits more discussion because the sheer size of revenue it represents for small and medium enterprises. In both the U.S. and the EU, governments are exerting direct pressure to make non-electronic invoicing obsolete, to achieve the benefit of efficiency listed above. In the U.S., the Treasury Department now mandates all bureaus use an electronic invoicing system as part of the President s Campaign to Cut Waste by the end of According to U.S. Government studies, the agency expects to save at least $7 billion per year and cut invoicing costs by 50 percent. According to the U.S. Deputy Secretary of the Treasury, Neal Wolin, Electronic invoicing will mean lower costs for taxpayers and faster payments for private sector companies doing business with the federal government. In the EU, the European Commission has embraced the findings of a recent CAP Gemini study that reported, Although large companies have developed integrated electronic payment and billing systems, take-up has been minimal among the EU s 24 million SMEs and in the public sector. The report predicts that, if applied widely enough, electronic invoicing could save as much as 238 billion over six years in business-to-business transactions alone in the EU.

4 In other economies including Mexico and throughout South America and Asia, the insistence for electronic invoicing is growing from governments and large enterprises as well. So, whether you re conducting business in the U.S., EU, or elsewhere in the global economy, as a rapidly growing number of large businesses and national governments require all invoices be delivered electronically, it s essential that small and medium businesses begin planning now for a future where all invoices are electronic. ELECTRONIC INVOICING EXPLAINED To realize the above benefits, an electronic invoicing system will need to deliver new efficiencies to your business through the end-to-end automation of processes that permit streamlined invoice processing and simultaneously reduce invoicing errors. Now, let s explore what constitutes an electronic invoice. An electronic invoice is an invoice that can be generated, viewed and sent to your partner or customer online as a digital file. An electronic invoice is equivalent to an invoice generated by your current processes, when it meets these specific requirements: The invoice is in an electronic format such as xml or html The invoice is sent and received online The invoice includes a digital signature that guarantees the integrity of its content, and authenticates its origin The invoice includes a time-stamp to ensure the date and time of issue BASIC ELECTRONIC INVOICING PROCESS The standard electronic invoicing functional process is comprised of these 4 basic steps: Supplier Creates Invoice In this initial step, the supplier creates the invoice in the ERP, as usual. Supplier ERP Generates XML Invoice For customers that receive electronic invoices, the ERP must automatically generate the invoice in the specific electronic format required, and also archive it, to conform to international tax laws. Supplier Sends XML Invoice Electronically The supplier uses the ERP to send the invoice to the customer via , FTP, or a secure 3rd party electronic invoicing delivery platform. Customer Receives XML Invoice The customer assumes responsibility for the electronic invoice, automatically authenticating its origin and details, and then importing it into his system to process the payment.

5 MODULAR ELECTRONIC INVOICING WITH OPENBRAVO While this overall process is relatively standardized at the functional level, it is actually quite challenging for many legacy ERP software vendors to provide broad coverage for electronic invoicing, due to the large number of different electronic formats and invoicing platforms in use around the world. While this general requirement of adapting to different standards is difficult for a legacy ERP with a monolithic architecture, Openbravo s modular architecture is built to naturally and easily accommodate such variation through simple extension modules. Figure 1: Openbravo s modular electronic invoicing implementation CUSTOMER/ PARTNER ERP INVOICE 3rd PARTY PLATFORM OTHER SUPPLIERS As Figure 1 shows, to support electronic invoicing in a given country or region, an Openbravo partner (or IT-capable customer) need only create the 2 small extension modules at the top, to convert the electronic invoice into the required file format, and then to securely transfer it to the customer s specific platform. These modules are formally packaged and published to Openbravo s curated Central Repository, and then bundled into a country-specific Professional Localization Pack, for easy one-stop installation into your ERP. For an example of this, review the Spain Professional Localization Pack on Openbravo Exchange. This module contains a wealth of country-specific functionality (including the electronic invoicing modules) and has a wizard-based installer so it can be deployed in just a few clicks. In the Spanish example above, support is also provided for Camerfactura, the dominant 3rd party electronic invoicing platform in Spain. In other countries, different platforms and file formats are required, and Openbravo makes those very easy to support as well. Extensible electronic invoicing is just one example of how Openbravo s modular architecture provides businesses with the agility to easily add functionality to your ERP. For more detailed information on the benefits of Openbravo modularity, you may want to read the Openbravo Agile ERP white paper.

6 CONCLUSION Because of the clear operational and financial benefits of electronic invoicing, it will eventually play a role in every business-to-business organization. Small and medium enterprises should begin planning for this inevitability now so they are prepared to capture new opportunities when they arise, and avoid the potential systems bottleneck when customers start insisting on use of electronic invoicing. Openbravo s modular and extensible electronic invoicing is a fast and cost effective way to add electronic invoicing functionality to your organization. When integrated with your regional electronic invoicing platform, you ll be able to quickly generate, view and send electronic invoices to your partners and customers. Small to mid-sized companies looking to increase their customer intimacy and collaboration will find that electronic invoicing is a good first step. As you look for additional opportunities to deepen your customer relationships, keep in mind that an agile ERP like Openbravo makes the process much easier and cost-effective. If you d like to learn more about how electronic invoicing with agile ERP can help with your daily business activities, Openbravo and our network of certified partners are here to help you. Simply fill out our contact us form at ABOUT OPENBRAVO Downloaded over 2,000,000 times, Openbravo is the world s leading web-based Open Source ERP solution. Downloaded over 250,000 times, Openbravo POS is also the world s most popular Open Source POS. The agile ERP company, Openbravo sells its Professional Edition exclusively through a global network of channel partners whose expertise provides rapid, cost-effective implementation services. Openbravo partners also provide deployment expertise for the rapidly growing selection of over 320 Openbravo modules that add localization and rich functionality to the core product. Openbravo has offices in the U.S., Spain, and India.

INTEGRATED RETAIL SOLUTIONS: INCREASING PROFIT MARGINS THROUGH IMPROVED OPERATIONS

INTEGRATED RETAIL SOLUTIONS: INCREASING PROFIT MARGINS THROUGH IMPROVED OPERATIONS INTEGRATED RETAIL SOLUTIONS: INCREASING PROFIT MARGINS THROUGH IMPROVED OPERATIONS Combining POS and Back-Office Systems to Achieve New Visibility and Control EXECUTIVE SUMMARY Retailers worldwide today

More information

Paymode-X: Your Best Option for Order-to-Pay Automation

Paymode-X: Your Best Option for Order-to-Pay Automation Paymode-X: The Largest Business-to-Business Payments and Invoicing Network Paymode-X: Your Best Option for Order-to-Pay Automation Why Automate Your Order-to-Pay Process? Order-to-Pay automation frees

More information

Openbravo Subscription and Pricing Guide

Openbravo Subscription and Pricing Guide Openbravo Subscription and Pricing Guide April 2015 About This Guide... 3 The Subscription and Pricing model from Openbravo: benefits for you... 4 Openbravo Products... 5 Openbravo Subscription Model...

More information

Openbravo Subscription and Recurring Billing Managing a Subscription-based Business and How a Technology Giant Did It

Openbravo Subscription and Recurring Billing Managing a Subscription-based Business and How a Technology Giant Did It Openbravo Subscription and Recurring Billing Managing a Subscription-based Business and How a Technology Giant Did It 1 Presenter Jon Setuain Senior Consultant at Openbravo 2 Trusted Vendor World leader

More information

Designing a Modern, Holistic ECM Strategy for Healthcare. How ECM consulting helps healthcare providers thrive in an atmosphere of change.

Designing a Modern, Holistic ECM Strategy for Healthcare. How ECM consulting helps healthcare providers thrive in an atmosphere of change. Designing a Modern, Holistic ECM Strategy for Healthcare How ECM consulting helps healthcare providers thrive in an atmosphere of change. Executive Summary Today s healthcare industry is undergoing continual

More information

HOW TO TURN 9 RETAIL IT CHALLENGES INTO 9 BUSINESS OPPORTUNITIES

HOW TO TURN 9 RETAIL IT CHALLENGES INTO 9 BUSINESS OPPORTUNITIES HOW TO TURN 9 RETAIL IT CHALLENGES INTO 9 BUSINESS OPPORTUNITIES Intro According to a recent market study on be the main driver of total retail sales Embracing mobility the state of the retail sector that

More information

Simply better banking

Simply better banking Simply better banking How does a bank make the right impression on customers? Did you know that Xerox: Processed 1 billion card transactions in 2012 Hosts 1 billion mortgage loan images Processes 800 million

More information

Content and Convergence The future of B2B payments

Content and Convergence The future of B2B payments Content and Convergence The future of B2B payments Content and Convergence: The Future of B2B Payments Business-to-business payment-related services have been and continue to be a key revenue generator

More information

Accelerating Your Cash Flow

Accelerating Your Cash Flow Accelerating Your Cash Flow Invoices On-Line Invoices On-Line (IOL) from Direct Insite delivers on-demand AP, AR and payments capabilities that are deployed fast, with minimal cost and operational impact,

More information

ACCELERATE INTERNATIONAL EXPANSION WITH ERP. Building a Cost-Effective Foundation to Enable Growth

ACCELERATE INTERNATIONAL EXPANSION WITH ERP. Building a Cost-Effective Foundation to Enable Growth ACCELERATE INTERNATIONAL EXPANSION WITH ERP Building a Cost-Effective Foundation to Enable Growth EXECUTIVE SUMMARY Whether your business has, or plans to have multiple divisions or international operations,

More information

Customer Relationship Management

Customer Relationship Management It s about customers. M Microsoft Customer Relationship Management PUT YOUR CUSTOMERS AT THE CENTER OF YOUR BUSINESS Microsoft Customer Relationship Management THE GOAL: THE NEED: THE SOLUTION: Provide

More information

Protect the Past, Secure the Future

Protect the Past, Secure the Future Enterprise Content Management for Higher Education Protect the Past, Secure the Future Improve information access, protect records and promote strategic planning Learn More Inside Improve administrative

More information

Running your business does not have to be complicated

Running your business does not have to be complicated Sage X3 for Retail Sage for Retail Adopt a faster, simpler, more flexible business and retail management solution with full CRM and HRM capabilities all rolled into one. With Sage X3, you are choosing

More information

Transform Invoice Management with a Hybrid of Cloud and On-Premise Software

Transform Invoice Management with a Hybrid of Cloud and On-Premise Software SAP Brief SAP Business Suite SAP Invoice Management Objectives Transform Invoice Management with a Hybrid of Cloud and On-Premise Software Achieve a higher level of performance Achieve a higher level of

More information

Introducing. Product Overview White Paper. Enterprise Content Management Platform. November 2012 www.datamark.net

Introducing. Product Overview White Paper. Enterprise Content Management Platform. November 2012 www.datamark.net Introducing Enterprise Content Management Platform Product Overview White Paper November 2012 www.datamark.net The Challenge of Enterprise Content Management Documents arrive every day, by the hundreds

More information

Best-Practice Automation of Invoice Delivery from ERP Systems

Best-Practice Automation of Invoice Delivery from ERP Systems Best-Practice Automation of Invoice Delivery from ERP Systems Keeping Customers Satisfied While Making the Move www.esker.com Table of Contents Introduction...3 Inefficiencies of Manual Invoicing...4 Document

More information

Enterprise Financial Management: ERP for Small and Mid-market Companies

Enterprise Financial Management: ERP for Small and Mid-market Companies Delivering Oracle Success Enterprise Financial Management: ERP for Small and Mid-market Companies Deb Morton December 7, 2011 Agenda Business Case Representative Company Profile Legacy Issues Evaluate

More information

The Cloud ERP. Case Study JAAS

The Cloud ERP. Case Study JAAS Systems www.jaas.net Company» Founded: 1999» Location: Columbus, OH, USA» Industry: Manufacturing software Overview Develops and sells inte-grated accounting and manufacturing software solutions Key Results»

More information

Extending the Benefits of SOA beyond the Enterprise

Extending the Benefits of SOA beyond the Enterprise Extending the Benefits of SOA beyond the Enterprise 2 TABLE OF CONTENTS 1 SOA The Right Approach for Application Integration...3 2 SOA outside the Firewall: An Opportunity to Improve Collaboration...4

More information

SAP Solutions for Small Businesses and Midsize Companies. Press Fact Sheet March 2008

SAP Solutions for Small Businesses and Midsize Companies. Press Fact Sheet March 2008 SAP Solutions for Small Businesses and Midsize Companies Press Fact Sheet March 2008 Small businesses and midsize companies (SME) are facing greater competition than ever across diverse industries. With

More information

uplevl Empower data. Improve business ef f iciency. Go Paperless with End-to-End Accounts Payable Automation: An Uplevl White Paper

uplevl Empower data. Improve business ef f iciency. Go Paperless with End-to-End Accounts Payable Automation: An Uplevl White Paper uplevl Empower data. Improve business ef f iciency. Go Paperless with End-to-End Accounts Payable Automation: An Uplevl White Paper Overwhelmed with piles of paper invoices, purchase orders and contracts?

More information

Keeping Pace: Accelerate Custom Form Capabilities in Microsoft Dynamics

Keeping Pace: Accelerate Custom Form Capabilities in Microsoft Dynamics Keeping Pace: Accelerate Custom Form Capabilities in Microsoft Dynamics AX 2 Bottomline Technologies You need forms and reports that keep pace with the needs of your customers and suppliers. The days of

More information

The Intelligent Solution for Routing, Interconnect and Settlement

The Intelligent Solution for Routing, Interconnect and Settlement The Intelligent Solution for Routing, Interconnect and Settlement WHOLESALE BILLING PARTNER SETTLEMENT LEAST COST ROUTING FRAUD MANAGEMENT BUSINESS INTELLIGENCE Optimize Your Entire Wholesale Billing Business

More information

Automating the Order to Cash Process

Automating the Order to Cash Process Automating the Order to Cash Process How to deliver a stronger financial performance at lower cost in sales order processing, invoicing, credit management and cash allocation Contents 1 Introduction and

More information

ACCELERATING. Business Processes. through the use of:

ACCELERATING. Business Processes. through the use of: ACCELERATING Business Processes through the use of: Business Process Automation Document Management Imaging and Scanning Data Transformation Paper and eforms Processing Enterprise Faxing ERP Integration

More information

Electronic Invoicing Overview. April, 2010

Electronic Invoicing Overview. April, 2010 Electronic Invoicing Overview April, 2010 Electronic Invoicing Topics Electronic Invoicing Overview Electronic Invoicing Benefits Supported File Formats Flat File Flat File Process Functionality Flat File

More information

Customer Relationship Management

Customer Relationship Management It s about customers. M Microsoft Customer Relationship Management PUT YOUR CUSTOMERS AT THE CENTER OF YOUR BUSINESS Microsoft Customer Relationship Management THE GOAL: THE NEED: THE SOLUTION: Provide

More information

EXPANd WITH CONFIDENCE PAYMENT MANAGEMENT SOLUTIONS FOR FASTER, SAFER GLOBAL GROWTH

EXPANd WITH CONFIDENCE PAYMENT MANAGEMENT SOLUTIONS FOR FASTER, SAFER GLOBAL GROWTH EXPANd WITH CONFIDENCE PAYMENT MANAGEMENT SOLUTIONS FOR FASTER, SAFER GLOBAL GROWTH ACCELERATE YOUR GLOBAL EXPANSION JOURNEY Whether you re targeting just one additional country or many, establishing digital

More information

National payment hub for clearing and settlement

National payment hub for clearing and settlement NCR APTRA CLEAR National payment hub for clearing and settlement Shifting payment dynamics: The international scope Every country has some form of unique payment system based on its own financial practices,

More information

Commerce Management System

Commerce Management System Commerce System Commerce Without Compromise The scalability and value of hosted e-commerce... The performance and control of a licensed software solution The world of e-commerce is becoming more and more

More information

Reduce Costs and Improve Efficiency by Automating Oracle Document Distribution. Open Text Fax and Document Distribution Group October 2009

Reduce Costs and Improve Efficiency by Automating Oracle Document Distribution. Open Text Fax and Document Distribution Group October 2009 Reduce Costs and Improve Efficiency by Automating Oracle Document Distribution Open Text Fax and Document Distribution Group October 2009 2 White Paper Contents Introduction...3 The Challenge: Efficiently

More information

LOST? Follow these signs on the road to e-invoicing.

LOST? Follow these signs on the road to e-invoicing. LOST? Follow these signs on the road to e-invoicing. 3. Global Trading Partner Traffic Circle 1. Two-Way Document Traffic 5. Will Your Data Pass Inspection? START Time-intensive, error-prone, manual accounting

More information

The Transition from Paper to Painless

The Transition from Paper to Painless WHITE PAPER Accounts Payable Automation: The Transition from Paper to Painless ABSTRACT This white paper takes a comprehensive look into how businesses can leverage AP Automation to reduce costs, enhance

More information

Communication and Business Process Outsourcing Accelerate your business by transforming communications and information processes

Communication and Business Process Outsourcing Accelerate your business by transforming communications and information processes Communication and Business Process Outsourcing Services Xerox Global Services Communication and Business Process Outsourcing Accelerate your business by transforming communications and information processes

More information

Your Global Partner Providing Leading Technology to Manage and Streamline Your Payments System

Your Global Partner Providing Leading Technology to Manage and Streamline Your Payments System Your Global Partner Providing Leading Technology to Manage and Streamline Your Payments System A GLOBAL PROVIDER THAT SUPPORTS ALL OF YOUR PAYMENT PROCESSING NEEDS Euronet Worldwide, Inc. is a global provider

More information

Turning data integration into a financial driver for mid-sized companies

Turning data integration into a financial driver for mid-sized companies Turning data integration into a financial driver for mid-sized companies The benefits of data integration can be very real, and are significantly easier to attain than many companies may believe. With

More information

Today, the Cisco Enterprise B2B team has created automated and standardized processes in the following areas:

Today, the Cisco Enterprise B2B team has created automated and standardized processes in the following areas: How Cisco Enables Electronic Interactions with Sales, Manufacturing, and Service Partners Business-to-business drives productivity, growth, and an improved customer experience. Cisco IT Case Study/Business

More information

Service Lifecycle Management Solutions

Service Lifecycle Management Solutions Service Lifecycle Management Solutions Complete Visibility & Control of Your Service Supply Chain The service landscape is shifting. Customer demands continue to increase. It is no longer enough to just

More information

Maximize return on investment with supplier invoice automation

Maximize return on investment with supplier invoice automation Viewpoint paper Maximize return on investment with supplier invoice automation Transform the procure-to-pay process Table of contents 1 Streamline the P2P process 1 Automate supplier invoicing 3 Automate

More information

Optimizing Your Accounting Process with Electronic Invoicing. A GXS White Paper for the Active Business

Optimizing Your Accounting Process with Electronic Invoicing. A GXS White Paper for the Active Business Optimizing Your Accounting Process with Electronic Invoicing for the Active Business Competitive pressures continue to force companies worldwide to seek further cost efficiencies and to improve visibility

More information

Streamline EDI Using A Managed Service

Streamline EDI Using A Managed Service Streamline EDI Using A Managed Service Simplifying Electronic Data Interchange Research Perspective Sponsored by Aligning Business and IT To Improve Performance Ventana Research 2603 Camino Ramon, Suite

More information

CRM Solutions. Banking Sector

CRM Solutions. Banking Sector CRM Solutions Banking Sector BY COMMUNICATION PROGRESS Agenda Changing Sales/Marketing Trends Distinct Markets Banks Strategic Goals Introduction to CRM CRM as a Business Strategy Design an effective segmentation

More information

Streamlining the communications product lifecycle. By Eitan Elkin, Amdocs

Streamlining the communications product lifecycle. By Eitan Elkin, Amdocs From idea to Realization Streamlining the communications product lifecycle By Eitan Elkin, Amdocs contents Sigh No rest for the weary 01 Documenting the challenge 03 Requirements for a solution 07 The

More information

A Foundation for Understanding Enterprise Resource Planning Systems

A Foundation for Understanding Enterprise Resource Planning Systems A Foundation for Understanding Enterprise Resource Planning Systems Develop an understanding of how ERP systems can improve the effectiveness of information systems in organizations Understand the business

More information

HARVARD BUSINESS PUBLISHING BENEFITS FROM CRAFTER SOFTWARE

HARVARD BUSINESS PUBLISHING BENEFITS FROM CRAFTER SOFTWARE HARVARD BUSINESS PUBLISHING BENEFITS FROM CRAFTER SOFTWARE PUBLISHED: MAY 2013 Crafter Software has eased end-user authoring and improved the overall visitor experience for Harvard Business Publishing

More information

IBM Global Business Services Microsoft Dynamics AX solutions from IBM

IBM Global Business Services Microsoft Dynamics AX solutions from IBM IBM Global Business Services Microsoft Dynamics AX solutions from IBM Powerful, agile and simple enterprise resource planning 2 Microsoft Dynamics AX solutions from IBM Highlights Improve productivity

More information

Integrating Payables and Receivables to Unlock Working Capital

Integrating Payables and Receivables to Unlock Working Capital Integrating Payables and Receivables to Unlock Working Capital Approved for 1 CTP / CCM recertification credit by the Association of Financial Professionals May 2009 Introductions David Kunz Treasury Management

More information

Mothernode CRM ENTERPRISE (ERP) EDITION

Mothernode CRM ENTERPRISE (ERP) EDITION Mothernode CRM ENTERPRISE (ERP) EDITION Everything you need to run your business from sales to order fulfillment, inventory management to invoicing, and much more. Mothernode CRM The easiest way to run

More information

Capgemini s Guidewire Services. Leading services and solutions to support your Guidewire initiatives

Capgemini s Guidewire Services. Leading services and solutions to support your Guidewire initiatives Capgemini s Guidewire Services Leading services and solutions to support your Guidewire initiatives Capgemini was named Guidewire s Partner of the Year for 2011 Post financial crisis, insurance companies

More information

IBM Global Business Services Microsoft Dynamics CRM solutions from IBM

IBM Global Business Services Microsoft Dynamics CRM solutions from IBM IBM Global Business Services Microsoft Dynamics CRM solutions from IBM Power your productivity 2 Microsoft Dynamics CRM solutions from IBM Highlights Win more deals by spending more time on selling and

More information

Core Banking Transformation using Oracle FLEXCUBE

Core Banking Transformation using Oracle FLEXCUBE in collaboration with Core Banking Transformation using Oracle FLEXCUBE Unlocking the power of FLEXCUBE with Capgemini Moving towards a packaged system transformation program Capgemini is an Oracle Diamond

More information

An Enterprise Resource Planning Solution for Mill Products Companies

An Enterprise Resource Planning Solution for Mill Products Companies SAP Thought Leadership Paper Mill Products An Enterprise Resource Planning Solution for Mill Products Companies Driving Operational Excellence and Profitable Growth Table of Contents 4 What It Takes to

More information

Rethink, Reduce, Recover:

Rethink, Reduce, Recover: Rethink, Reduce, Recover: Provided by: In search of reduced costs, increased visibility and improved cash management, a growing number of companies are automating their accounts payable operations. However,

More information

Accenture Human Capital Management Solutions. Transforming people and process to achieve high performance

Accenture Human Capital Management Solutions. Transforming people and process to achieve high performance Accenture Human Capital Management Solutions Transforming people and process to achieve high performance The sophistication of our products and services requires the expertise of a special and talented

More information

ACCT341, Chapter 15 Accounting Software

ACCT341, Chapter 15 Accounting Software ACCT341, Chapter 15 Accounting Software Introduction Accounting software Early decades primarily processed bookkeeping transactions Today it has become much more of a mgmt tool customizes financial reports

More information

ERP as a Living System The Power of Community-Driven Product Enhancement

ERP as a Living System The Power of Community-Driven Product Enhancement Whitepaper ERP as a Living System The Power of Community-Driven Product Enhancement At a Glance: This paper demonstrates how today s manufacturer is unlocked from static ERP in which a vendor annually

More information

White Paper. Streamlining Your AP Processes with Electronic Document Management ABSTRACT. www.treenosoftware.com Command Your Content

White Paper. Streamlining Your AP Processes with Electronic Document Management ABSTRACT. www.treenosoftware.com Command Your Content 1 White Paper Streamlining Your AP Processes with Electronic Document Management ABSTRACT An Accounts Payable (AP) Enterprise Document Management (EDM) solution saves you time and money by automating repetitive,

More information

Productivity Gains for SMBs with OnCloud ERP PestBusters takes 1st mover advantage

Productivity Gains for SMBs with OnCloud ERP PestBusters takes 1st mover advantage 2012 Productivity Gains for SMBs with OnCloud ERP PestBusters takes 1st mover advantage GreeneStep OnCloud ERP enables SMBs to take advantage of an agile business automation and processes integration system

More information

White Paper. An itelligence White Paper SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales Challenges

White Paper. An itelligence White Paper SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales Challenges White Paper An itelligence White Paper SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales Challenges SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales

More information

Openbravo Services for Partners

Openbravo Services for Partners Openbravo for Partners A pure channel organization devoted to Partner success # Devoted to Partner Success Openbravo for Partners are especially designed to accelerate partners practice towards business

More information

Software Industry KPIs that Matter

Software Industry KPIs that Matter Software Companies Run Better on NetSuite. Software Industry KPIs that Matter Sponsored by Improved Results from Businesses Like Yours Business Visibility 360 o Visibility & Actionable Insight Increased

More information

Sage X3 for Food & Beverage

Sage X3 for Food & Beverage Sage X3 for Food & Beverage for Food & Beverage Adopt a faster, simpler, more flexible solution with full business and HRM capabilities. Sage X3 provides the next generation of business solutions for your

More information

Demand more from your retail marketing. HP Retail Promotion Manager

Demand more from your retail marketing. HP Retail Promotion Manager Demand more from your retail marketing. HP Retail Promotion Manager Reduce costs and boost sales. The HP Retail Promotion Manager provides a solution for retailers seeking to streamline and simplify the

More information

EverSuite. Enterprise Content Management Solutions. Capture. Manage. Store. Preserve. Publish

EverSuite. Enterprise Content Management Solutions. Capture. Manage. Store. Preserve. Publish EverSuite Capture Manage Store Preserve Publish Enterprise Content Management Solutions The growth of unstructured content and processes has created many new challenges for organizations from employee

More information

BEACON Loan Management Platform. The faster, smarter and cost-effective way to automate your lending business

BEACON Loan Management Platform. The faster, smarter and cost-effective way to automate your lending business BEACON Loan Management Platform The faster, smarter and cost-effective way to automate your lending business Faster processing, better oversight & superior risk control Given the rapid growth of NBFC lending

More information

The Benefits of Integrated Business Management Software for Wholesale Distributors. Overcoming the Barriers of Standalone Business Applications

The Benefits of Integrated Business Management Software for Wholesale Distributors. Overcoming the Barriers of Standalone Business Applications The Benefits of Integrated Business Management Software for Wholesale Distributors Overcoming the Barriers of Standalone Business Applications Introduction...3 The Advantages of an Integrated Suite for

More information

Why Am I Still Up A Creek?

Why Am I Still Up A Creek? I Just Bought EDI Software! Why Am I Still Up A Creek? JUST LIKE PEOPLE, COMPUTERS CAN SPEAK DIFFERENT LANGUAGES and dialects, making communication difficult or impossible. Electronic Data Interchange

More information

Customer Relationship Management

Customer Relationship Management IBM Global Business Services CRM Customer Relationship Management Solutions from IBM Global Business Services Do you really know your customers? How do they like to interact with you? How do they use your

More information

MINDBill. Point of Sale

MINDBill. Point of Sale MINDBill Billing and Customer Care Solution Point of Sale 2015 MIND CTI Ltd. Table of Contents Executive Overview... 3 Architecture Highlights... 3 Product Components... 4 The Sales Module... 4 POS Retail

More information

glovia OM Cloud - based Enterprise Resource Planning A Presentation for Prospective Clients February 2014

glovia OM Cloud - based Enterprise Resource Planning A Presentation for Prospective Clients February 2014 glovia OM Cloud - based Enterprise Resource Planning A Presentation for Prospective Clients February 2014 Content Introduction to Canon Information and Imaging Solutions and Glovia The unique value to

More information

The #1 Web-Based Business Software Suite. Accounting / ERP CRM Ecommerce

The #1 Web-Based Business Software Suite. Accounting / ERP CRM Ecommerce The #1 Web-Based Business Software Suite Accounting / ERP CRM Ecommerce for every business. Intelligent Complete Simple You have real-time access to all the information you need to make better, faster

More information

Registered trademark of Visa International Service Association, Visa Canada is a licensed user. Registered trademark of Visa Canada Association.

Registered trademark of Visa International Service Association, Visa Canada is a licensed user. Registered trademark of Visa Canada Association. To obtain more information about the Visa Procure-to-Pay Best Practices or to obtain a copy of the complete Best Practices study, including the Performance Gauge and ROI Tool, please contact your VISA

More information

Hubspan White Paper: Beyond Traditional EDI

Hubspan White Paper: Beyond Traditional EDI March 2010 Hubspan White Paper: Why Traditional EDI no longer meets today s business or IT needs, and why companies need to look at broader business integration Table of Contents Page 2 Page 2 Page 3 Page

More information

Increasing the Productivity and Efficiency of Business Transactions with Microsoft Business Solutions Navision Intercompany Postings

Increasing the Productivity and Efficiency of Business Transactions with Microsoft Business Solutions Navision Intercompany Postings Increasing the Productivity and Efficiency of Business Transactions with Microsoft Business Solutions Navision Intercompany Postings White Paper Published: May 2004 Contents Introduction...1 Streamlining

More information

SAP ERP OPERATIONS SOLUTION OVERVIEW

SAP ERP OPERATIONS SOLUTION OVERVIEW SAP ERP OPERATIONS SOLUTION OVERVIEW YOUR SUCCESS Solving business problems is the general criterion for measuring success... SAP provides us with the powerful tools we need to solve our business problems.

More information

Applying best practices for secure, automated electronic invoicing

Applying best practices for secure, automated electronic invoicing White Paper Applying best practices for secure, automated electronic invoicing Using Intelligent to support compliant einvoicing solutions Table of contents 1 The importance of einvoicing 1 The European

More information

Any Partner. Any System. Anywhere. IBM Sterling Business Integration Suite

Any Partner. Any System. Anywhere. IBM Sterling Business Integration Suite Any Partner. Any System. Anywhere. IBM Sterling Business Integration Suite Any Partner. Any System. Anywhere. The IBM Sterling Business Integration Suite allows customers to solve critical business-tobusiness

More information

ACCELERATING WHOLESALE DISTRIBUTION BUSINESS GROWTH. Four Strategies for Improved Performance

ACCELERATING WHOLESALE DISTRIBUTION BUSINESS GROWTH. Four Strategies for Improved Performance ACCELERATING WHOLESALE DISTRIBUTION BUSINESS GROWTH Four Strategies for Improved Performance EXECUTIVE SUMMARY While wholesale distributors face many unique challenges in today s business environment,

More information

Supply chain management with Microsoft Dynamics GP. Microsoft Dynamics GP: The proven solution for efficiency and insight across your business.

Supply chain management with Microsoft Dynamics GP. Microsoft Dynamics GP: The proven solution for efficiency and insight across your business. Supply chain management with Microsoft Dynamics GP Microsoft Dynamics GP: The proven solution for efficiency and insight across your business. More than 40,000 customers use Microsoft Dynamics GP. And

More information

TAG FinTech 2015: Fast Pitch

TAG FinTech 2015: Fast Pitch TAG FinTech 2015: Fast Pitch Five innovative small companies vying for the audience vote Each company gets four minutes Audience will get one minute to ask questions Everyone gets ONE vote for their favorite

More information

Competitive Intelligence for organizations of all sizes.

Competitive Intelligence for organizations of all sizes. Competitive Intelligence for organizations of all sizes. About ConsistBIS In today s fast evolving business environment organizations must quickly adapt to changes through efficient and effective utilization

More information

Electronic Invoice Adoption Benchmark Report

Electronic Invoice Adoption Benchmark Report Electronic Invoice Adoption Benchmark Report Based on the Results of PayStream s einvoice Survey Q1 2013 Featuring Insights on... Centralized vs. Decentralized AP Operations Underwritten in part by AP

More information

Intelligent Document Delivery: The Ins and Outs of Business Process ROI with Oracle ERP

Intelligent Document Delivery: The Ins and Outs of Business Process ROI with Oracle ERP Intelligent Document Delivery: The Ins and Outs of Business Process ROI with Oracle ERP ESKER DELIVERYWARE SOLUTIONS Invoicing, Sales Order Processing, Purchasing, and Cash Collection 1 Table of Contents

More information

Advertising and Media Industry KPIs that Matter

Advertising and Media Industry KPIs that Matter Businesses Run Better on NetSuite. Advertising and Media Industry KPIs that Matter Sponsored by Improved Results Achieved by Businesses Like Yours Business Visibility 360 o Visibility & Actionable Insight

More information

Digital Marketing. Simplified. www.infosys.com/brandedge

Digital Marketing. Simplified. www.infosys.com/brandedge Digital Marketing. Simplified. www.infosys.com/brandedge DIGITAL MARKETING PAIN POINTS Infosys research indicates that there are numerous barriers to effective management of digital marketing campaigns,

More information

Products. Small Business Banking Banking Solutions That Meet the Needs of Your Small Business Customers

Products. Small Business Banking Banking Solutions That Meet the Needs of Your Small Business Customers Products Small Business Banking Banking Solutions That Meet the Needs of Your Small Business Customers Products Small businesses make up 10 percent of a bank s accounts on average, but typically generate

More information

Optimizing Accounts Payable Operations Basware e-solution Implementation. A Functional & Technical Overview

Optimizing Accounts Payable Operations Basware e-solution Implementation. A Functional & Technical Overview Optimizing Accounts Payable Operations Basware e-solution Implementation A Functional & Technical Overview November 2010 The Firm Annual Revenue $5 billion Private Corporation Founded in 1914 Markets We

More information

Welcome to today s training on how to Effectively Sell SAP ERP! In this training, you will learn how SAP ERP addresses market trends and

Welcome to today s training on how to Effectively Sell SAP ERP! In this training, you will learn how SAP ERP addresses market trends and Welcome to today s training on how to Effectively Sell SAP ERP! In this training, you will learn how SAP ERP addresses market trends and organizations business needs. 1 After completing this lesson, you

More information

The promised land of SME Funding. We see it. But do we serve it? Slide 1

The promised land of SME Funding. We see it. But do we serve it? Slide 1 The promised land of SME Funding. We see it. But do we serve it? Slide 1 Slide 2 Supply Chain Financing Market Overview Banks find lending to SME s profitable Slide 3 SME Small and Medium Sized enterprises

More information

Driving Success. 7 Best Practices to Make Your Client Billing Easy

Driving Success. 7 Best Practices to Make Your Client Billing Easy Driving Success 7 Best Practices to Make Your Client Billing Easy Introduction This white paper shows what to look for as you evaluate solutions that can make it easier to bill your clients for project

More information

Overview. Service Description What does the service provide? 3. Context Basis of service (SIS), the solution 4-5. Why is there a need?..

Overview. Service Description What does the service provide? 3. Context Basis of service (SIS), the solution 4-5. Why is there a need?.. Introduction Overview Service Description What does the service provide? 3 Context Basis of service (SIS), the solution 4-5 The Mobilization Initiative Why is there a need?..6 Key Figures and features

More information

Point Topic s Broadband Operators and Tariffs

Point Topic s Broadband Operators and Tariffs 1 Point Topic s Broadband Operators and Tariffs Broadband tariff benchmarks: Q1 2013 May 2013 Point Topic Ltd 73 Farringdon Road London EC1M 3JQ, UK Tel. +44 (0) 20 3301 3305 Email tariffs@point-topic.com

More information

FACT SHEET. Software-as-a-Service (SaaS) Call-for-Collaboration (CFC)

FACT SHEET. Software-as-a-Service (SaaS) Call-for-Collaboration (CFC) MAY 2013 About the SaaS CFC FACT SHEET Software-as-a-Service (SaaS) Call-for-Collaboration (CFC) SaaS is an easy-to-adopt, scalable and cost-effective option for many enterprises that are concerned with

More information

CA Enterprise Mobility Management MSO

CA Enterprise Mobility Management MSO SERVICES DESCRIPTION CA Enterprise Mobility Management MSO At a Glance Today, your customers are more reliant on mobile technologies than ever. They re also more exposed by mobile technologies than ever.

More information

Balance collections with retention for each customer. Decision Analytics for debt management in telecommunications

Balance collections with retention for each customer. Decision Analytics for debt management in telecommunications Balance collections with retention for each customer Decision Analytics for debt management in telecommunications Debt management for telecommunications The dynamic telecommunications market is seeing

More information

The Power of AR Automation

The Power of AR Automation The Power of AR Automation The Power of AR Automation Accounts Receivable departments have been slow to innovate, unlike their receivables and payment processing systems that are both expensive and unreliable

More information

Digital Marketing. SiMplifieD.

Digital Marketing. SiMplifieD. Digital Marketing. Simplified. DIGITAL MARKETING PAIN POINTS Research indicates that there are numerous barriers to effective management of digital marketing campaigns, including: Agencies and vendors

More information

Software Solutions Digital Marketing Business Services. SugarCRM Community Edition for Small & Medium Enterprises

Software Solutions Digital Marketing Business Services. SugarCRM Community Edition for Small & Medium Enterprises Software Solutions Digital Marketing Business Services SugarCRM Community Edition for Small & Medium Enterprises Contents Introduction... 1 SugarCRM Community Edition (CE)... 1 Basic CRM Workflow... 2

More information

Greater Continuity, Consistency, and Timeliness with Business Process Automation

Greater Continuity, Consistency, and Timeliness with Business Process Automation SAP Brief Extensions SAP Business Process Automation by Redwood Objectives Greater Continuity, Consistency, and Timeliness with Business Process Automation Streamline critical enterprise processes Streamline

More information

Copyright 2000-2007, Pricedex Software Inc. All Rights Reserved

Copyright 2000-2007, Pricedex Software Inc. All Rights Reserved The Four Pillars of PIM: A white paper on Product Information Management (PIM) for the Automotive Aftermarket, and the 4 critical categories of process management which comprise a complete and comprehensive

More information