Accounts Payable Automation

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Accounts Payable Automation"

Transcription

1 Accounts Payable Automation

2 Dataline - a brief history Launched as privately owned company, based in Chatswood, Sydney. Became a leading proponent of distributed non-impact MICR technology We remain the Lexmark/IBM master distributor for MICRO solutions in the Asia Pacific. Developed domain expertise in capturing, processing, control, reconciling and auditing all financial transactions. Launched LINKS - a market leading suite of modular software for payments, reconciliation, and receipting systems. Established an innovative financial transaction processing centre for invoice automation, Business Process Outsourcing, Software As a Service and payment and printing solutions. Launched EIPP platform for seamless transition to complete electronic invoicing across AP and AR.

3 MICR Solutions Hardware Solutions (MICR printers), compliant cheque and forms design, secure cheque stationary, consumables including MICR toner, accessories and upgrade kits. Exclusive Lexmark distributor since Payment Management Software, which provides cheque printing, EFT payments, and distribution of invoices, statements, and purchase orders. Cash Management Software, which provides function-rich cash reconciliation including multi-system; multi-banks; multi-currency features. Insolvency Software developed for insolvency practices to automate dividend and disbursement payments. Purchase 2 Pay Solutions for the complete purchase to pay lifecycle including; Procurement, Paper to Data, Invoice Automation, Accounts Payables, Accounts Receivables, einvoicing and ebilling solutions. Business process improvement solutions including; econtracts, esettlements, document management and digital mail exchange. Outsourcing Services Dataline provides outsourcing services for all forms of payment processing, cheque production, EFT generation, advice mailing, direct mail, faxing, ing, document management, document scanning with metadata extraction and upload mapping.

4 Our customers Domain experts in financial transaction since 1992 processing to customers in 300 corporate clients in the Asia Pacific Payments Vendor to 2 of the top 4 Australian Banks

5 Why Automation Reduce processing costs by 50% minimum Eliminate 87% of paper in the first month Greater visibility on outstanding liabilities Pay suppliers on time and create better relationships Eliminate duplicate pays, significantly reduce fraud Straight Through Process 80% of invoices within 3 months The Benefits To You To your Suppliers Next Steps Questions

6 Our customers Domain experts in financial transaction processing to customers in 300 locations in Asia Pacific Payments Vendor to 3 of the top 4 Australian Banks

7 Invoice Automation Paper to Data

8 What is it? Our solution allows companies to outsource and automate the entire invoice-handing process through: Intelligent data capture Purchase order matching Approval work flow Data upload to ERP and accounting systems

9 How it works Centralise receipt of invoices Scan & image paper Invoice Perform data extraction Validate data from agreed business Web Portal Access

10 How it works ( Exception Queues ) DUPLICATES NO VALID SUPPLIER NO VALID INVOICE # OR INVOICE NO VALID PO Exception Queues Web Portal Access Supplier Supplier Queues Supplier Queues Supplier Queues Queues

11 How it works, matching, DA, Online Portal PO Invoice Matching Non-PO Approval Customer Web Access 2 or 3-way matching, line item & quantity matching Easy to find approval flow (Based on supplier or department) Up to 20 levels of authorisation Supports full GL coding, including splits Full translation history escalation and toleration approval Access to images and data under full access control

12 Portal Login Used To: View Invoices Manage Exceptions Match PO Invoices Workflow Invoices Invoice Audit Trail Secure Access

13 AP Dashboard with Customisable Speed Links Used To: Track Invoices Track Exceptions Track Liabilities Add Speed Links

14 Exception Management Used To: Manage Exceptions Edit / Deleted Full Access Control

15 Non PO Invoice Details Used To: View Invoice Data View Invoice Image View Invoice History

16 Approvers View Used To: Custom User View Manage Workflow Track Approvals

17 Authorisation Process Used To: Approve Invoices Reject Invoices Dispute Invoices Forward Invoices

18 GL Coding & Splits Used To: GL Coding GL Splits Default Codes

19 System Admin User Access Used To: Manage Settings Set-up Work Flows Manage Suppliers Manage GL codes Manage Users Manage Security

20 ERP and Document Management Integration Endeavour ERP uploads PO, Supplier, GL codes & receipt information to Dataline Links portal Transmit matched Po & approved/ coded non-po invoices to Back to ERP Transmit Image to Customer Document Management system or hosted by Dataline

21 Implementation Timing Proposal acceptance Formation of implementation project team Detailed project documents Configuration of solution Testing by Dataline Training and Change management planning User acceptance Testing GO LIVE Ongoing Service management

22 Key Differentiators Why Dataline : Our key differentiators are: Commercial Business case benefits in 90 days Budget positive in less than one (1) year Compliance with retention and disposal policies and auditing requirements 25 years expertise in AP, AR and Payments Automation Responsive, flexible and secure Modular Solution Best fit technology for you and each supplier Implementation Services (ensuring the business benefit is delivered) Supplier On-Boarding & support for e-invoicing Training Dataline s Vision Deliver benefits to you first move suppliers e-invoicing over time at the right pace

23 Benefits to You Cost Reduction Eliminate manual processes which typically results in direct savings of up to 65% Suppliers remedy their invoices errors prior to your AP involvement Staff focus on resolving exceptions, not approvals No paper handling, shuffling, collating, filing, storage or retrieval Phone calls to AP reduce as Suppliers get visibility of invoice status (Portal) Visibility of Liabilities No longer do you have to wait until accounts payable invoices are paid to record and view your liabilities - You re able to access figures the day they arrive Timely recording of liabilities leading to faster and more accurate accruals and cash flow forecasting Quality of Information Automation results in improved data quality with fewer errors, whilst reducing the risk of lost or misfiled documents and duplicate payments Compliance with retention and disposal policies and audit requirements

24 Benefits to Your Suppliers Easy process for Suppliers FREE for suppliers to register and connect to the Portal Secure and guaranteed invoice delivery No more delays due to invoices going missing or being sent to the wrong place. Invoices are processed faster and can be available for early payment discounts GST compliant electronic invoices Visibility of the invoice status and it s the process less need to call your AP The bottom-line for suppliers Reliable payment to terms means less reliance on borrowing and reduced commercial risk and reduced cost of finance Reduced DSO means reduced collection costs and more working capital This equals better prices, terms and reputation for You

25 Next Steps Free Consultation Demonstration & Workshop (4-6 hours by business unit, in your office) Define and establish scope of your requirements Document business case Present Proposal Before and After process comparison with resultant benefits Hard and soft dollar cost savings Proposed Implementation Plan

26 For more information.

Accounts Payable Business Case. The Benefits of Accounts Payable Integration with PayCargo

Accounts Payable Business Case. The Benefits of Accounts Payable Integration with PayCargo Accounts Payable Business Case The Benefits of Accounts Payable Integration with PayCargo How to Use this Presentation This presentation will be invaluable to those who seek to articulate the benefits

More information

AP Invoice Automation and Workflow System

AP Invoice Automation and Workflow System AP Invoice Automation and Workflow System WHY AUTOMATE ACCOUNTS PAYABLE (AP) INVOICING WHY AUTOMATE ACCOUNTS PAYABLE (AP) INVOICING Enables electronic workflow functionality to provide timely invoice

More information

February 2, 2012 ACCOUNTS PAYABLE BEST PRACTICES

February 2, 2012 ACCOUNTS PAYABLE BEST PRACTICES February 2, 2012 ACCOUNTS PAYABLE BEST PRACTICES IMPORTANCE OF A/P BEST PRACTICES After payroll, the largest disbursement of a firm s funds typically comes from Accounts Payable (A/P) Accounts Payable

More information

Kofax White Paper. Overcoming Challenges in Accounts Payable Automation. Executive Summary. Benefits of Accounts Payable Automation

Kofax White Paper. Overcoming Challenges in Accounts Payable Automation. Executive Summary. Benefits of Accounts Payable Automation Kofax White Paper Overcoming Challenges in Accounts Payable Automation Executive Summary Accounts payable automation presents unique challenges. It is characterized by large volumes of data, arriving in

More information

Solutions for Accounts Payable Process Optimization

Solutions for Accounts Payable Process Optimization Solutions for Accounts Payable Process Optimization ScerIS is your resource for Accounts Payable Process Optimization (APPO). We help clients do more at lower cost, in less time and with fewer people.

More information

Mike Ventrella, Vice President, Sales

Mike Ventrella, Vice President, Sales Speed, Visibility and Control Best Practice AP Processing in Oracle E-Business Suite Presented by Mike Ventrella, Vice President, Sales Agenda 1. The Dilemma of Manual AP Inefficient Risky Costly 2. The

More information

Invoice Processing Automation

Invoice Processing Automation Introduction to Invoice Processing Automation CFO s are searching for visibility into near term payables. Is Accounts Payable automation the answer? Technology has transformed the way people process invoices.

More information

Speed, Visibility and Control Best Practice AP Processing in Oracle E-Business Suite

Speed, Visibility and Control Best Practice AP Processing in Oracle E-Business Suite Speed, Visibility and Control Best Practice AP Processing in Oracle E-Business Suite Presented by Kevin Ryan, Regional Sales Manager ReadSoft Oracle Solutions Agenda 1. The Dilemma of Manual AP Inefficient

More information

YOU WANT TO. Copyright 2014 ADP, LLC. Proprietary and Confidential.

YOU WANT TO. Copyright 2014 ADP, LLC. Proprietary and Confidential. YOU WANT TO 2 BUT THERE ARE CHALLENGES 1 2 4 3 1 PWC s most recent Global Economic Crime Survey (2011) 2 Source: ACFE. 2012 Report to the Nations on Occupational Fraud and Abuse. 3 2013 Invoice and Workflow

More information

It all Starts with the Invoice

It all Starts with the Invoice It all Starts with the Invoice Speakers Mel Steals Director of Invoice Automation Solutions PNC Bank Amy Rush Shared Services Controller Courtney Caton Finance Manager Westmoreland Coal Company 1 Agenda

More information

Procure-to-Pay Best Practices

Procure-to-Pay Best Practices ITFMA Conference Procure-to-Pay Best Practices Integrating P2P Best Practices with Technology Chris Evanoff: Principal, Soltec, Inc. 1 Presentation Outline Introduction and Background Procure-to-Pay Cycle

More information

Accounts Payable Automation: Top 9 Reasons to Automate: The Essential Guide to Why Your Business Needs to Automate its Invoice Processing.

Accounts Payable Automation: Top 9 Reasons to Automate: The Essential Guide to Why Your Business Needs to Automate its Invoice Processing. Whitepaper Accounts Payable Automation: Top 9 Reasons to Automate: The Essential Guide to Why Your Business Needs to Automate its Invoice Processing. June 2014 Overview Reducing costs, improving performance,

More information

Skelta. Accounts Payable Solution. Business Process Management for All POWERED BY SKELTA BPM. www.skelta.com

Skelta. Accounts Payable Solution. Business Process Management for All POWERED BY SKELTA BPM. www.skelta.com Skelta Accounts Payable Solution POWERED BY SKELTA BPM Business Process Management for All www.skelta.com Overview Skelta Accounts Payable Solution is a completely web-based vendor invoice processing solution

More information

Streamline Accounts Payable Processes with Cloud-Based Electronic Invoicing

Streamline Accounts Payable Processes with Cloud-Based Electronic Invoicing SAP Brief Ariba s Cloud-Based Financial s Ariba Invoice Management Objectives Streamline Accounts Payable Processes with Cloud-Based Electronic Invoicing Achieve touchless invoice processing on a global

More information

2015 SIS e-invoicing Awareness Workshop 9/10 June, 2015 Beijing

2015 SIS e-invoicing Awareness Workshop 9/10 June, 2015 Beijing In a Nutshell 2015 SIS e-invoicing Awareness Workshop 1 9/10 June, 2015 Beijing Benefits of SIS e-invoicing Save money Reduce human factors Save time Reduces lost and mishandled invoice Reduced costs by

More information

Kofax White Paper. Overcoming Challenges in AP Automation. Executive Summary. Benefits of Accounts Payable Automation

Kofax White Paper. Overcoming Challenges in AP Automation. Executive Summary. Benefits of Accounts Payable Automation Kofax White Paper Executive Summary Accounts payable automation presents unique challenges. It is characterized by large volumes of data, arriving in different formats and media that must be securely received,

More information

The Benefits of Accounts Payable Integration in Electronic Invoice Presentment and Payment

The Benefits of Accounts Payable Integration in Electronic Invoice Presentment and Payment The Benefits of Accounts Payable Integration in Electronic Invoice Presentment and Payment How to Use this Presentation This presentation will be invaluable to those who seek to articulate the benefits

More information

5 Ways Senior Finance Executives are Improving Visibility Across the Procure-to-Pay Cycle

5 Ways Senior Finance Executives are Improving Visibility Across the Procure-to-Pay Cycle 5 Ways Senior Finance Executives are Improving Visibility Across the Procure-to-Pay Cycle An IOFM white paper, sponsored by 5 Ways Senior Finance Executives are Improving Visibility Across the Procure-to-Pay

More information

TRANSFORM YOUR FINANCIAL PROCESSES. Efficiently capture, share and communicate information seamlessly across the business.

TRANSFORM YOUR FINANCIAL PROCESSES. Efficiently capture, share and communicate information seamlessly across the business. TRANSFORM YOUR FINANCIAL PROCESSES Efficiently capture, share and communicate information seamlessly across the business. Meeting today s Information Management challenges Today, information can be your

More information

Accounts Payable. How to Cut Costs and Improve Invoice Processing Efficiency

Accounts Payable. How to Cut Costs and Improve Invoice Processing Efficiency Accounts Payable How to Cut Costs and Improve Invoice Processing Efficiency Contents 3 4 Introduction The Challenges of Invoices 5 The Goals of Invoice Automation 6-7 The Key Elements of Invoice Automation

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

Analysis. The Opportunity to Automate Accounts Payable. January 2014. Service Areas. Comments or Questions? Digital Peripherals Solutions

Analysis. The Opportunity to Automate Accounts Payable. January 2014. Service Areas. Comments or Questions? Digital Peripherals Solutions Analysis January 2014 The Opportunity to Automate Accounts Payable Service Areas Digital Peripherals Solutions Network Document Solutions Professional & Managed Print Services Comments or Questions? Table

More information

AP Automation Checklist

AP Automation Checklist AP Automation Checklist Use this document to respond each of the common questions that customers ask when defining their AP Automation solution. For any assistance contact Efficiency Leaders support team

More information

Accounts Payable Outsourcing

Accounts Payable Outsourcing Accounts Payable Outsourcing OVERVIEW- ACCOUNTS PAYABLE PROCESSING The findings of a recent accounts payable study highlights the common errors and issues faced by the accounts payable department. They

More information

Welcome to Metafile. Solving document issues for over 30 years. Matt Akin msa@metafile.com 800-638-2445 x 301

Welcome to Metafile. Solving document issues for over 30 years. Matt Akin msa@metafile.com 800-638-2445 x 301 Welcome to Metafile Solving document issues for over 30 years Matt Akin msa@metafile.com 800-638-2445 x 301 Janine Peck jgp@metafile.com 800-638-2445 x 303 Metafile helps many companies with their AP,

More information

Streamline the Processing of All Your Invoices

Streamline the Processing of All Your Invoices SAP Brief SAP Ariba s Ariba Invoice Professional Objectives Streamline the Processing of All Your Invoices Invoice capture and workflow for accounts payable excellence Invoice capture and workflow for

More information

Accounts Payable Services. A strong foundation for sustained benefits. Accounts Payable

Accounts Payable Services. A strong foundation for sustained benefits. Accounts Payable Services A strong foundation for sustained benefits 2 Introduction The accounts payable (AP) function is changing. For the past decade, finance departments have focused on driving cost, complexity, risk

More information

Tier-2. A mix of: Paper Documents Electronic Documents Scanned Documents E F F I C I E N C Y

Tier-2. A mix of: Paper Documents Electronic Documents Scanned Documents E F F I C I E N C Y AP Automation Handling unstructured and semi-structured documents have multiple challenges. Account Payable Invoices, HR, Legal and other business documents that fit this definition consume a lot of internal

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

How Your Accounts Payable Strategy Can Boost ROI ADP Procure-To-Pay Jeff White - Director of Implementations Session #1050

How Your Accounts Payable Strategy Can Boost ROI ADP Procure-To-Pay Jeff White - Director of Implementations Session #1050 How Your Accounts Payable Strategy Can Boost ROI ADP Procure-To-Pay Jeff White - Director of Implementations Session #1050 2 Manual Process : Complex, Slow and Tactical Invoice Processing Price Validation

More information

The Case for Outsourcing Accounts Payable

The Case for Outsourcing Accounts Payable The Case for Outsourcing Accounts Payable Q4 2014 Featuring Insights on... Why companies outsource AP Underwritten in part by What AP functions should be outsourced Benefits of outsourcing AP Executive

More information

Driving AP Automation Efficiencies Through Payments Transformation. Minnesota AFP April 19, 2011

Driving AP Automation Efficiencies Through Payments Transformation. Minnesota AFP April 19, 2011 Driving AP Automation Efficiencies Through Payments Transformation Minnesota AFP April 19, 2011 Zorica Stojanovic Vice President Lawrence Heavey Senior Vice President Agenda Payments Transformation Challenges

More information

Making Automated Accounts Payable a Reality

Making Automated Accounts Payable a Reality Making Automated Accounts Payable a Reality www.merkur.com (800) 637-1704 Table of Contents Introduction...3 Executive Summary...4 Challenges in Accounts Payable...5 What is the problem?...5 How big is

More information

Product Brief. Intacct Financials & Accounting. Intacct General Ledger

Product Brief. Intacct Financials & Accounting. Intacct General Ledger Product Brief Intacct Financials & Accounting Intacct Financials and Accounting includes Intacct General Ledger, Intacct Accounts Receivable, Intacct Accounts Payable, Intacct Cash Management and Intacct

More information

PROCURE-TO-PAY TRANSFORMATION FOR CFOs. Achieving Control, Visibility & Cost Savings.

PROCURE-TO-PAY TRANSFORMATION FOR CFOs. Achieving Control, Visibility & Cost Savings. PROCURE-TO-PAY TRANSFORMATION FOR CFOs Achieving Control, Visibility & Cost Savings. Table of Contents Introduction...3 Driving up the Cost of the Procure-to-Pay Cycle...4 5 Ways to Cut Procure-to-Pay

More information

1. Background of Electronic Approval Process...4 1.1. Reason for the change...4 2. The Approval Process...5 2.1. Picking Up a Task to Authorise...

1. Background of Electronic Approval Process...4 1.1. Reason for the change...4 2. The Approval Process...5 2.1. Picking Up a Task to Authorise... Finance Department Electronic Invoice Authorisation Contents 1. Background of Electronic Approval Process...4 1.1. Reason for the change...4 2. The Approval Process...5 2.1. Picking Up a Task to Authorise...5

More information

Invoice Receipt Management Report 2015

Invoice Receipt Management Report 2015 Invoice Receipt Management Report 2015 Increasing Electronic Invoice Adoption Through Strategic Automation Featuring insights on...»» Current Market Trends in Invoice Receipt Solutions»» Benefits of Electronic

More information

Leveraging Accounts Payable Automation as a Service www.esker.com

Leveraging Accounts Payable Automation as a Service www.esker.com Leveraging Accounts Payable Automation as a Service www.esker.com Table of Contents Introduction...3 Executive Summary...4 Challenges in Accounts Payable...5 What is the problem...5 How big is the problem...6

More information

PEOPLESOFT esettlements

PEOPLESOFT esettlements PEOPLESOFT esettlements Relying on paper-based processes to pay for goods and services and to resolve disputes with suppliers can be costly, inefficient, and D KEY FEATURES Automated settlement process

More information

Accelerating E-Invoice adoption and roll-out with SAP

Accelerating E-Invoice adoption and roll-out with SAP Accelerating E-Invoice adoption and roll-out with UK & Ireland User Group Conference 2011 20 th 22 nd November 2011 Frank Ruland, Line of Business Solutions, AG Agenda How E-Invoicing for Compliance Simplifies

More information

Exploring the Spectrum of Accounts Payable Automation Solutions

Exploring the Spectrum of Accounts Payable Automation Solutions Exploring the Spectrum of Accounts Payable Automation Solutions Authored By: Overview: As companies begin optimization efforts within their Accounts Payable (A/P) processes, at some juncture, the selection

More information

Designing an Optimal Technology Landscape For Accounts Payable Transformation

Designing an Optimal Technology Landscape For Accounts Payable Transformation perspective Designing an Optimal Technology Landscape For Accounts Payable Transformation - Rajagopal NVS Abstract Companies that leverage technology to automate their Accounts Payable (AP) function can

More information

Invoice automation: Three keys to AP prosperity

Invoice automation: Three keys to AP prosperity Invoice automation: Three keys to AP prosperity SSO name SSO title Solutions Sales Group Date 2014 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. What if you could... achieve a 37% risk-free

More information

Perfect Payables. Scott Pezza Research Analyst Aberdeen Group Sush Koka Senior Director, Product Marketing ADP Procure-to-Pay Solutions

Perfect Payables. Scott Pezza Research Analyst Aberdeen Group Sush Koka Senior Director, Product Marketing ADP Procure-to-Pay Solutions Perfect Payables Best Practices for Performance Improvement and Supplier Participation December 15 th, 2011 Scott Pezza Research Analyst Aberdeen Group Sush Koka Senior Director, Product Marketing ADP

More information

Public Sector e-invoicing

Public Sector e-invoicing Public Sector e-invoicing Cutting Costs & Improving Service V8 20141201 Simple Business Case for e-invoicing To process an e-invoice takes a best-in-class organisation² 4 It costs just 4.77* to process

More information

Designed to Deliver Value

Designed to Deliver Value Simple. Economical. Powerful. Designed to Deliver Value ENTERPRISE CONTENT MANAGEMENT FOR ORACLE E-BUSINESS SUITE CUSTOMERS IMAGE EXPRESS Simple. The MHC Image Express Enterprise Content Management solution

More information

Accounts Payable Invoice Processing. White Paper

Accounts Payable Invoice Processing. White Paper www.allstarss.com ACCELERATING Business Processes Accounts Payable Invoice Processing Table of Contents Table of Contents TABLE OF CONTENTS... I THE BUSINESS CHALLENGE... 2 Invoice Processing Costs...

More information

DOCUMATION S PURCHASE TO PAY (P2P) SUITE

DOCUMATION S PURCHASE TO PAY (P2P) SUITE Documation is a leading provider of document-centric workflow and content management software, delivering services and solutions to businesses and organisations in the UK, Europe and around the world.

More information

Responsibility Service Expectation Service Metric (Measurement) Service Description

Responsibility Service Expectation Service Metric (Measurement) Service Description 1 General a. Issuing and publicising to stakeholders University financial policies and procedures In consultation with Colleges and Service Divisions, provide clear Policies and Procedures that promote

More information

NetSuite Essentials. Course Description. Key Objectives

NetSuite Essentials. Course Description. Key Objectives NetSuite Essentials Key Objectives How do I: Configure NetSuite to meet business requirements? Determine user roles and permissions? Customize the user interface to align with business needs? Plan for

More information

Enhancing Your Bottom Line by Optimizing AR/AP Processes. Romil Turakhia, Director & COO, Automated Workflow romil@aworkflow.com www.aworkflow.

Enhancing Your Bottom Line by Optimizing AR/AP Processes. Romil Turakhia, Director & COO, Automated Workflow romil@aworkflow.com www.aworkflow. Enhancing Your Bottom Line by Optimizing AR/AP Processes Romil Turakhia, Director & COO, Automated Workflow romil@aworkflow.com www.aworkflow.com We shall talk about Automation so far Solutions to Choose

More information

ORACLE FUSION ERP CLOUD SERVICES START-UP PACKS

ORACLE FUSION ERP CLOUD SERVICES START-UP PACKS ORACLE FUSION ERP CLOUD SERVICES START-UP PACKS ABOUT FUSION APPLICATIONS START- UP PACKS Oracle Consulting, the professional services arm of Oracle, offers you services to rapidly configure the system

More information

Accounts Payable Automation 7 Ways Automation Can Reduce Pain Points in Accounts Payable. Ebook

Accounts Payable Automation 7 Ways Automation Can Reduce Pain Points in Accounts Payable. Ebook Accounts Payable Automation 7 Ways Automation Can Reduce Pain Points in Accounts Payable Ebook Table of Contents Introduction #1 Improve Monitoring of Invoices #2 Improve Visibility & Control #3 Faster

More information

Legal exchange. Total Legal Spend Management Solution for Insurance Companies

Legal exchange. Total Legal Spend Management Solution for Insurance Companies TM Legal exchange Total Legal Spend Management Solution for Insurance Companies Legal exchange Helps Leading Insurance Companies Drive Strategic Thinking Delivering Unprecedented Insight into Litigation

More information

Creating a Paperless & Profitable AP Department using AP Automation

Creating a Paperless & Profitable AP Department using AP Automation Creating a Paperless & Profitable AP Department using AP Automation Kurt Wachtendorf, APSC, CDIA National Solution Consulting Manager Commerce Bank 1 What Drives Organizations To Want To Change? Going

More information

Sarbanes-Oxley Compliance A Checklist for Evaluating Internal Controls

Sarbanes-Oxley Compliance A Checklist for Evaluating Internal Controls Sarbanes-Oxley Compliance A Checklist for Evaluating Internal Controls Companies today are immersed in audits of their internal controls and financial processes in an effort to comply with Section 404

More information

DOCUMATION S ACCOUNTS PAYABLE INVOICE MANAGEMENT SOLUTION (IMS)

DOCUMATION S ACCOUNTS PAYABLE INVOICE MANAGEMENT SOLUTION (IMS) Documation is a leading provider of document-centric workflow and content management software, delivering services and solutions to businesses and organisations in the UK, Europe and around the world.

More information

Questions & Responses RFP No. 7700 Automated Accounts Payable Processing Solutions

Questions & Responses RFP No. 7700 Automated Accounts Payable Processing Solutions Q1. Is it a mandatory requirement to be an Oracle ebusiness Certified Partner or will you accept proof of successful implementations with Oracle, i.e., can use pre-existing setups and application security

More information

Take control. BancPay. Intelligent Cloud Invoicing.

Take control. BancPay. Intelligent Cloud Invoicing. Take control BancPay. Intelligent Cloud Invoicing. What is BancPay BancPay is an intelligent electronic Cloud service that automates the way invoices are handled. As BancPay operates in the Cloud, you

More information

Product. Prologue Accounts Payable Automate Your Accounts Payable Processing

Product. Prologue Accounts Payable Automate Your Accounts Payable Processing Product Prologue Accounts Payable Automate Your Accounts Payable Processing Product The foundation of effective enterprise performance management is sound business intelligence intelligence that requires

More information

Operational and Strategic Benefits in Automating Accounts Payable

Operational and Strategic Benefits in Automating Accounts Payable Operational and Strategic Benefits in Automating Accounts Payable REVISED 9/12 Published April 2013. Copyright 2013 by The Institute of Financial Operations All rights reserved. Reproduction or transmission

More information

EXFLOW NAV BROCHURE INCREASE PRODUCTIVITY IN YOUR AP DEPARTMENT LEVERAGE YOUR DYNAMICS NAV INVESTMENT WITH INDUSTRY BEST PRACTICE AP AUTOMATION

EXFLOW NAV BROCHURE INCREASE PRODUCTIVITY IN YOUR AP DEPARTMENT LEVERAGE YOUR DYNAMICS NAV INVESTMENT WITH INDUSTRY BEST PRACTICE AP AUTOMATION EXFLOW NAV BROCHURE INCREASE PRODUCTIVITY IN YOUR AP DEPARTMENT LEVERAGE YOUR DYNAMICS NAV INVESTMENT WITH INDUSTRY BEST PRACTICE AP AUTOMATION What is ExFlow NAV? For whom? ExFlow NAV is an add-on module

More information

Implementing the Scottish Government s einvoicing Solution at West Lothian Council - Case Study

Implementing the Scottish Government s einvoicing Solution at West Lothian Council - Case Study Implementing the Scottish Government s einvoicing Solution at West Lothian Council - Case Study Background Whilst einvoicing has been implemented by some public sector bodies across Scotland, it has been

More information

DOCUMENT MANAGEMENT FROM FILESTREAM

DOCUMENT MANAGEMENT FROM FILESTREAM DOCUMENT MANAGEMENT FROM FILESTREAM WORKFLOW FROM DOCUMATION The speed with which Documation was able to get to grips with Nottinghamshire Police s manual procedures before constructing and delivering

More information

AP Automation Best Practices and Trends Oracle E-Business Suite

AP Automation Best Practices and Trends Oracle E-Business Suite AP Automation Best Practices and Trends Oracle E-Business Suite October 17, 2012 Agenda The challenges of efficiently processing invoices Technology Evolution Invoice Capture ERP Integration Oracle EBS

More information

SAP Solution Brief SAP ERP SAP Invoice Management by OpenText. Take Control with Invoice Management Software

SAP Solution Brief SAP ERP SAP Invoice Management by OpenText. Take Control with Invoice Management Software SAP Brief SAP ERP SAP Invoice Management by OpenText Objectives Take Control with Invoice Management Software Get ready for a new approach to invoice processing Get ready for a new approach to invoice

More information

Electronic Accounts Payable

Electronic Accounts Payable Electronic Accounts Payable Presentation Virginia Government Finance Officer s Association VA Beach, May 21,2008 Shakeel Yusuf County of Fairfax, Virginia Electronic Accounts Payable Outline The Accounts

More information

Application Programming Interface (API)

Application Programming Interface (API) Integration to Salesforce CRM Create a Recurring Billing Contract from an Opportunity in one click. Create a Sales Order from an Opportunity in one click. Create a Project from a list of pre- defined templates

More information

Frequently Asked Questions OB10

Frequently Asked Questions OB10 Frequently Asked Questions OB10 What is einvoicing (electronic invoicing?) einvoicing is a process that allows you to submit invoices electronically without the need to print and mail invoice copies. With

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

Solution Overview. UNITED KINGDOM 5 Jupiter House Calleva Park Aldermaston Reading Berkshire RG7 8NN United Kingdom

Solution Overview. UNITED KINGDOM 5 Jupiter House Calleva Park Aldermaston Reading Berkshire RG7 8NN United Kingdom Solution Overview UNITED STATES Suite 4000 L40 17 State Street New York NY 10004 United States UNITED KINGDOM 5 Jupiter House Calleva Park Aldermaston Reading Berkshire RG7 8NN United Kingdom AUSTRALIA

More information

Contents. best practices

Contents. best practices best practices document management solutions Achieve Best-in-Class Performance by Challenging Old Assumptions 5 Myths About Accounts Payable Automation Debunked Contents 1 The Accounts Payable challenge

More information

Get Invoice Processing That s Ready for the Digital Economy and Your IT Landscape

Get Invoice Processing That s Ready for the Digital Economy and Your IT Landscape SAP Brief SAP Extensions SAP Invoice Management by OpenText Objectives Get Invoice Processing That s Ready for the Digital Economy and Your IT Landscape Get ready for a new approach to invoice processing

More information

Abila. MIP Fund Accounting. Solutions overview. Accounts payable. Accounts receivable reporting, billing, and sales order entry

Abila. MIP Fund Accounting. Solutions overview. Accounts payable. Accounts receivable reporting, billing, and sales order entry Abila MIP Fund Accounting To help you deliver on your mission, MIP Fund Accounting is a configurable fund accounting solution that allows you to report and track information most important to you, your

More information

Accounts payable automation benefits. Facts and best practices by leading analysts

Accounts payable automation benefits. Facts and best practices by leading analysts Accounts payable automation benefits Facts and best practices by leading analysts Evidence of benefits in accounts payable automation Research-based evidence shows that automation is yet again the way

More information

Making Automated Accounts Payable a Reality www.esker.com

Making Automated Accounts Payable a Reality www.esker.com Making Automated Accounts Payable a Reality www.esker.com Table of Contents Introduction...3 Executive Summary...4 Challenges in Accounts Payable...5 What is the problem?...5 How big is the problem?...6

More information

Legal exchange. Total Legal Spend Management Solution for Corporate legal departments

Legal exchange. Total Legal Spend Management Solution for Corporate legal departments Legal exchange Total Legal Spend Management Solution for Corporate legal departments Delivering greater efficiency, insight and control of Legal Spend. That s Uniquely Bottomline. With a continued reliance

More information

Achieving the Goals of Accounts Payable Automation. White Paper

Achieving the Goals of Accounts Payable Automation. White Paper Achieving the Goals of Accounts Payable Automation White Paper Contents Executive Summary... 2 The Manual AP Process... 2 Goals of Automation... 3 The Automated AP Process... 4 Measuring the Achievement

More information

BEST PRACTICES IN AP AUTOMATION

BEST PRACTICES IN AP AUTOMATION MINUTE READ TIME WHITE PAPER ACCOUNTS PAYABLE BEST PRACTICES IN AP AUTOMATION Consolidating Workflow Outside ERP Systems www.esker.com BEST PRACTICES IN AP AUTOMATION Consolidating Workflow Outside ERP

More information

Best-in-Breed P2P Automation:! A PwC Perspective! Best of Breed P2P Automation PwC

Best-in-Breed P2P Automation:! A PwC Perspective! Best of Breed P2P Automation PwC Best-in-Breed P2P Automation:! A Perspective! Best of Breed P2P Automation 1 Managing Director, US Leader Shared Services and Outsourcing Advisory, Founder and President, Direct Commerce We frequently

More information

Buried Beneath the AP Paper Crush?

Buried Beneath the AP Paper Crush? Buried Beneath the AP Paper Crush? Simple Steps for Automating Invoice Workflow and Approval within Oracle JD Edwards Environments As seen in Quest Q&A TM Magazine Fall 2007 Issue Today s accounts payable

More information

Automated Invoice/P2P Processing

Automated Invoice/P2P Processing Automated Invoice/P2P Processing Business Solutions Reduce processing costs Eliminate bottlenecks and delays Automate invoice capture Automate requisition processes Improve management reporting Improve

More information

Virtual Card Payments for A/P Making Money Paying the Bills

Virtual Card Payments for A/P Making Money Paying the Bills Virtual Card Payments for A/P Making Money Paying the Bills Todd Albers, Senior Payables Program Strategist U.S. Bank Minnesota AFP Annual Conference April 28, 2015 Introduction Todd M. Albers US Bank,

More information

REVOLUTIONIZE YOUR BACK OFFICE DEPARTMENTS NEXT»

REVOLUTIONIZE YOUR BACK OFFICE DEPARTMENTS NEXT» R U O Y E Z I N O I T U L S T O V N E E R M T R A P E D E C I F F BACK O NEXT» 2 Streamline back office processes with OnBase With OnBase by Hyland, back office departments reduce their reliance on manual,

More information

PROACTIS Solutions & Services for Finance

PROACTIS Solutions & Services for Finance PROACTIS Solutions & Services for Finance What we do for you as the person responsible for financial management How We Help increase savings, reduce risk and improve efficiencies by providing you with

More information

Automated Invoice/P2P Processing

Automated Invoice/P2P Processing Automated Invoice/P2P Processing Business Solutions Reduce processing costs Eliminate bottlenecks and delays Automate invoice capture Automate requisition processes Improve management reporting Improve

More information

ACCOUNTS PAYABLE AUTOMATION FOR SAP

ACCOUNTS PAYABLE AUTOMATION FOR SAP ebook: Accounts Payable ACCOUNTS PAYABLE AUTOMATION FOR SAP How Adding AP Workflow Automation to Vendor Invoice Processing Can Make Your AP Operation Best-in-Class Accounts Payable Automation for SAP 2

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

Imaging, Workflow and OCR: The Road to AP Productivity

Imaging, Workflow and OCR: The Road to AP Productivity Imaging, Workflow and OCR: The Road to AP Productivity Agenda Ryerson Background and Challenges Best Practices in AP Processing Ryerson Benefits of Imaging & OCR Impact of Imaging & OCR on Data Entry and

More information

OneContent 17.0 Manage Content Across The Enterprise

OneContent 17.0 Manage Content Across The Enterprise Care Providers - Hospitals Enterprise Content Management / Document Management OneContent 17.0 Manage Content Across The Enterprise Benefits OneContent helps organizations: Healthcare organizations generate

More information

Designed to Deliver Value

Designed to Deliver Value Simple. Economical. Powerful. Designed to Deliver Value ENTERPRISE CONTENT MANAGEMENT FOR INFOR LAWSON CUSTOMERS IMAGE EXPRESS Simple. MHC Image Express can be installed and in production in as few as

More information

Electronic invoicing and payment:

Electronic invoicing and payment: Treasury Management Electronic invoicing and payment: Best practices and strategies for recruiting suppliers A Treasury Management White Paper Table of Contents Executive summary... 3 Paper invoicing and

More information

White Paper. The Implications of E-invoicing for Purchasing and Accounts Payable Automation Projects. www.compleatsoftware.com

White Paper. The Implications of E-invoicing for Purchasing and Accounts Payable Automation Projects. www.compleatsoftware.com White Paper The Implications of E-invoicing for Purchasing and Accounts Payable Automation Projects www.compleatsoftware.com Introduction The ability to cost effectively convert a purchase invoice into

More information

White paper: Automating the accounts payable process

White paper: Automating the accounts payable process White paper: Automating the accounts payable process Leading the transformation to a strategic value-added function Paper continues to be a fact of life in business, and the accounts payable (AP) process

More information

Dear Valued Supplier, Schneider Electric Mexico is phasing out paper invoices!

Dear Valued Supplier, Schneider Electric Mexico is phasing out paper invoices! Dear Valued Supplier, Schneider Electric Mexico is phasing out paper invoices! Schneider Electric Mexico has implemented an electronic invoicing (e-invoicing) program which you will be using to submit

More information

Collaborative Finance Operations

Collaborative Finance Operations Solution in Detail Finance Executive Summary Contact Us Collaborative Finance Operations Achieve Superior Finance Operations Achieve Superior Finance Operations Flexibility for Your Changing Business Today

More information

HOWARD UNIVERSITY POLICY

HOWARD UNIVERSITY POLICY HOWARD UNIVERSITY POLICY Policy Number: 300-001 Policy Title: ACCOUNTS PAYABLE: PAYMENTS TO VENDORS Responsible Officer: Chief Financial Officer Responsible Office: Office of the Chief Financial Officer

More information

PECOS. Product Features Guide Purchase to Pay

PECOS. Product Features Guide Purchase to Pay PECOS Product Features Guide Purchase to Pay Elcom PECOS Currently enables over 120,000 buyers within 200+ organizations to manage more than $8 billion in total procurement spend each year. These buyers

More information

Trade Receivables Solutions

Trade Receivables Solutions Trade Receivables Solutions With GSCF, you can improve your working capital without compromising relationships in your supply chain. Our Trade Receivables Solutions let you shorten your and extend the

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