Transforming Accounts Payable. Evolving from Administra8ve Necessity to Strategic Partner
|
|
- Amos Tyler
- 8 years ago
- Views:
Transcription
1 Transforming Accounts Payable Evolving from Administra8ve Necessity to Strategic Partner
2 AGENDA Setting the Stage: Perception is Reality Key Concepts The Transformation Process The New Reality 2
3 01 Setting the Stage: Perception is Reality 3
4 Questions and Answers What is Accounts Payable (AP). What does an AP department do? q a liability to a creditor, carried on an open account, usually for purchase of goods and services Webster s dictionary q A cost center in a company or organization q Pay bills, key data into AP system, cut checks q Answer calls from vendors How is AP perceived by others in an organization? q Clerical, Administrative. q Date entry team, manual processes q Overhead, back-office q Negative - blamed for errors, late payments, etc. Perception is Reality 4
5 Is this YOUR Reality? 5
6 Shifting the Perception and Role of Accounts Payable Organiza(ons are challenged with process inefficiencies and lack visibility into the Invoice processing lifecycle. Paper based processes burden the departmental managers and workers throughout the workplace and prevent them from concentra(ng on their core competency. Strategic Collabora.ve Manual Data Entry Tac-cal Administra.ve Automa-on Visibility Suppor-ng Knowledge sharing Data Efficient AP Clerks AP Analyst Collabora-ve Intelligence/ Analy-cs Performance Driven Business Process Efficiency..Transformation Repe--ve Inefficient Archaic Procure- to- Pay Working Cap Op-miza-on Supplier Management Treasury vision Procurement Insight 6
7 02 Key Concepts 7
8 Key Concepts Business Process Efficiency vs. Transformation Accounts Payable Maturity Model Steps to AP Efficiency and Transformation See the vision begin the transformation CONFIDENTIAL 8
9 Business Process Efficiency vs Transformation Business Process Efficiency is achieved by streamlining a company's core processes, through automa-on and process op-miza-on, to respond to internal and external customer in the most cost effec-ve manner while ensuring high quality service and support. 9
10 Accounts Payable Automation Maturity Model 1 Paper based Entirely paper-based invoice receipt Manual indexing and storage in file cabinets Manual data capture; Manual approval workflow and reporting 2 Image Enabled Paper-based invoice receipt with front- or back-end imaging Physical and electronic storage of document Manual data capture from paper or image; Manual reporting 3 Workflow Driven Invoice receipt via front-end imaging and some EDI Auto-indexing; Use of OCR/ICR; Automated approval workflow and reporting Use of enterprise content management (ECM); Minimal physical storage of documents 4 Efficient EDI, e-invoicing, ERS with minimal paper; ECM Intelligent data capture with PO matching; Automated approval workflows, routing and reporting 5 Op-mized Paper free, touch free; Auto-indexing; ECM Real time reporting and online dispute management Exception based workflows 10
11 Steps to AP Efficiency and Transformation
12 03 The Transformation Process 12
13 AP is an Administrative Function Minimal Automa-on Limited Repor-ng and Analy-cs Limited Visibility Long Cycle Times High Costs Staff focus remains on processing, vendor inquiry, etc. Back- office 13
14 AP is a Collaborative Team Significant Automa-on Business Process Efficiency Enhanced Visibility Improved Cycle Times Significant Cost Savings KPIs Staff Op-miza-on/Analysis Enhanced Repor-ng and Analy-cs Exception Rate Cycle time (ready to pay) Automated Data entry Straight through processing Paperless processing Invoices/ FTE 14
15 AP is a Strategic Partner End to End Process Visibility Spend Repor-ng/Analy-cs Mobile approvals, access Vendor Portal Self- Service PO Flip Dynamic Discoun-ng Revenue genera-on/profit center Exception Rate Cycle time (ready to pay) Automated Data entry Straight through processing Paperless processing Invoices/ FTE 15
16 04 The New Reality 16
17 Remember Business Process Improvement (BPI) and automation will result in cost savings and a Collaborative AP Function True transformation goes beyond BPI and cost savings it is a journey enabling AP to become a Strategic Partner The shift in the perception of AP will require a dedicated and well planned Change Management Strategy and Plan It is critical to continuously assess your AP staff. Train or re-allocate resources to ensure skills are aligned with transformed function Perception is Reality 17
18 Questions and Answers - Revisited What is Accounts Payable (AP). What does an AP department do? q a liability to a creditor, carried on an open account, usually for purchase of goods and services Webster s dictionary q A potential profit center q Facilitates invoice exceptions q Conducts spend analytics q Drives Cash Flow Management How is AP perceived by others in an organization? q Collaborative, Strategic Partner. q Analytical q Value added function Perception is Reality 18
19 Canon Overview: A Global Leader CANON INC. $36 billion in global revenue Third overall in U.S. patents registered in 2013 One of Fortune Magazine s World s Most Admired Companies in 2013 Canon U.S.A. headquarters in Melville, NY CANON BUSINESS PROCESS SERVICES BPO subsidiary of Canon U.S.A. Corporate office in NYC; offices throughout U.S. 800 client sites; 4,800 professionals Business Processing Centers - U.S. and offshore Opera-ons in U.S., Canada, Puerto Rico, Philippines, Europe and Asia Stop by our 2015 Booth to learn more, booth #
20 Thank You Complete BPO Solu.ons Coverage Thank You for your -me. Advancing Business Performance to a Higher Level
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 informationA Roadmap: Moving Up the Value Chain. The Paperless Office Maturity Model for Accounts Payable
A Roadmap: Moving Up the Value Chain The Paperless Office Maturity Model for Accounts Payable Poll QuesBon No. 1 What percentage of your invoices are paper- based? More than 75 percent 51 percent to 75
More informationDriving Working Capital Op1miza1on from AP - rather than Treasury
Driving Working Capital Op1miza1on from AP - rather than Treasury Agenda Introduc1on of Basware Where s Treasury How AP Makes a Difference Unlocking New Value Streams Basware: Our Company Basware: Our
More information5 Steps to the Paperless Office in Accounts Payable
5 Steps to the Paperless Office in Accounts Payable About The Institute of Financial Operations The Institute of Financial Operations is a membership-based professional association serving the entire financial
More informationInvoice 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 informationThe 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 informationHigh-Performance Accounts Payable
ACCOUNTS PAYABLE OUTSOURCING BUSINESS PROCESS OUTSOURCING WHITE PAPER High-Performance Accounts Payable Three Key Drivers to Success CONTENTS 2 Introduction 3 Key Metrics for High-Performance AP 4 Best-in-class
More informationSpeed, 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 informationAccounts 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 information5 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 informationBasware Invoice Automation Demonstration
Basware Invoice Automation Demonstration Better Buying, Better Selling, Connected Commerce with Basware Thomas Noe Presales Engineer Mobile: 917-207-7689 Email: thomas.noe@basware.com Rich Roberts Account
More informationInvoicing Innovation - Taking Accounts Payable to the Next Level
Invoicing Innovation - Taking Accounts Payable to the Next Level INTRODUCTIONS Pieter Sluis Senior Manager Finance Liberty Global Rob Rousou Senior Solutions Consultant Martijn Hemelrijk Director of Product
More informationIt 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 informationA Survey Study of the Top Irritations Managers Have With Their Accounts Payable Process
A Survey Study of the Top Irritations Managers Have With Their Accounts Payable Process It is safe to assume the majority of people occasionally have frustrations with the requirements of their job or
More informationBoost the performance of your Accounts Payable and Treasury departments thanks to the Ariba Network
Boost the performance of your Accounts Payable and Treasury departments thanks to the Ariba Network Franck Dupas, Business Networks Executive / SAP France September 9th, 2015 Optimizing Payables Via Invoice
More informationMaximize 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 informationConverga InvoiceMe (einvoicing) Report 2 of 3. Whitepaper
Converga InvoiceMe (einvoicing) Report 2 of 3 Whitepaper This is the second in a three part series of papers from Converga which will outline various issues and benefits which revolve around einvoicing.
More informationInvoice 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 informationHow To Get A Better At Writing An Invoice
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 informationAccounts Payable Automation
A Simple Introduction to Accounts Payable Automation How to improve your Accounts Payable Process and get the results you really want A Publication of MEDI Table of Contents Introduction Chapter 1 Chapter
More informationBEYOND PAPERLESS How AP Change Makers can improve on scan and capture solutions to unlock the full potential of AP Automation
CHANGE PAPER BEYOND PAPERLESS How AP Change Makers can improve on scan and capture solutions to unlock the full potential of AP Automation March 2014 TABLE OF CONTENTS 1. AP AUTOMATION WHERE ARE YOU TODAY?
More informationHow To Get A Good Return On Your Money With Anap
Case Study: How Automa*on Transformed AP at PG&E and Added Millions to the Bo;om Line Ben Shaffer, PG&E Markus Ament, Taulia Joe Hyland, Taulia AGENDA Mee-ng Agenda Your likely current state and pain points
More informationInvoice & Workflow Automation Adoption
Invoice & Workflow Automation Adoption Benchmarking Survey Report Q3 2012 Featuring Insights on... 2012 AP Challenges and Automation Goals Usage of Front End Imaging Solutions Automated Workflow Adoption
More informationMike 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 informationComplete End to End AP Automation: The benefits for your organization
Complete End to End AP Automation: The benefits for your organization S:ck Around All session a*endees will receive Chris Elmore s best selling AP automa:on e- book: The 8 PiAalls of AP Automa:on 2 Agenda
More informationAP 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 informationDesigning 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 informationSAP 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 informationContents. 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 informationE- Invoicing Strategies for PO and Non- PO Invoices. Chris Rauen, Solu0ons Marke0ng Manager - Ariba
E- Invoicing Strategies for PO and Non- PO Invoices Chris Rauen, Solu0ons Marke0ng Manager - Ariba Controlling a Rogue Invoice Ron from a marketing company submits an invoice. Invoice Invoice Mary in AP
More informationOptimizing 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 informationLiner Cost Management
Liner Cost Management Solverminds Solutions & Technologies Pvt Ltd September 2015 1. Introduction Introduction Knowledge and information are the lifeblood of any organization. The effective use of this
More informationThe CFO s motivation...
The CFO s motivation... What do you consider to be the key financial priorities for your organization for the year ahead? Strategic Priorities 35% 48% 45% 43% 72% Improving operational efficiency Optimising
More informationService Procurement process improvement in SAP. Copyright 2008, Advanced Contractor Cost Management Inc. All Rights Reserved 1
Service Procurement process improvement in SAP 1 Objectives Assist the Client in managing an expanding contracted work force using a proven methodology. Provide a SAP based, web enabled software solution,
More informationAP 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 informationSOURCE, SELECT, MANAGE: THE CWM ATHLETE S TRIATHLON GUIDE SIG San Francisco Bay Symposium November 12, 2014. Matt Katz, VP Strategic Solutions
SOURCE, SELECT, MANAGE: THE CWM ATHLETE S TRIATHLON GUIDE SIG San Francisco Bay Symposium November 12, 2014 Matt Katz, VP Strategic Solutions WELCOME! It s another beaueful day in the Bay Area! 2 OPTIONAL:
More informationDriving the Digital Transformation
Driving the Digital Transformation Wall Street Technology Association Digitization and the Virtual Enterprise October 22, 2015 Bill Belanger Senior Director Workflow Automation Financial Services Agenda:
More informationBest-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 informationExploring 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 information5 Traits That Define World Class Performance in P2P. 5 th February 2015
5 Traits That Define World Class Performance in P2P 5 th February 2015 Sponsored by: Presented by: Presenting your speakers Susie West Founder and CEO sharedserviceslink Amy Fong Purchase-To-Pay Program
More informationSpecial Report: The Future of AP
The Future of Accounts Payable Five Top Transformative Changes Coming to AP What lies ahead for Accounts Payable and Shared Services? In these highly volatile and challenging economic times, can AP leverage
More informationIntroduction. Table of Contents
Introduction To stay competitive, you know how important it is to find new ways to streamline and save on your company s operations. Learning how leading companies handle commercial payments can give you
More informationOPINION PAPER. Redefining the Finance function by transforming Purchase-to-Pay
OPINION PAPER Redefining the Finance function by transforming Purchase-to-Pay Join the quiet revolution in enterprise finance by elevating the role of P2P from transactional to strategic Delivering Transformation.
More informationACCOUNTS 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 informationOvercoming the Challenges of Manual Processes and Driving Efficiencies through ecommerce. PIDX Conference: Calgary, Canada October 2014
Overcoming the Challenges of Manual Processes and Driving Efficiencies through ecommerce PIDX Conference: Calgary, Canada October 2014 Agenda Challenges with Manual Processes Decision to Automate Reaping
More informationPerfect 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 informationSecrets of World-Class Accounts Payable Departments
Executive Brief Secrets of World-Class Accounts Payable Departments What the Best-in-Class AP departments do that make them stand out from their peers World-class AP departments know something you don
More informationThe Benefits of Automating AP Invoice and Purchase Order Operations
The Benefits of Automating AP Invoice and Purchase Order Operations Presented by Dan Humbert Chrome River, Product Manager Today s Objectives 1. Benefits of automating AP operations 2. Benefits of integrating
More informationElectronic Invoice Management
Electronic Invoice Management A Move to the Middle Q1 2014 Featuring Insights on... Underwritten in part by Barriers to einvoice Adoption Building a Case for AP Automation Usage of AP Automation Factors
More informationFour Steps to Invoice Automation. From Manual to a Fully Electronic Purchase-to-Pay Process
Four Steps to Invoice Automation Table of Contents 1 Executive summary 2 Four essential steps when automating invoice processing Step 1 - Audit your current process, set the goals for improvement and start
More informationThe Time Has Come to Make Accounts Payable Processing Intelligent
Executive Brief The Time Has Come to Make Accounts Payable Processing Intelligent Sponsored by: Perceptive Software Bo Lykkegaard August 2014 IDC OPINION Large organizations and their shared services operations
More informationInvoice and Workflow Automation Benchmark Report
Invoice and Workflow Automation Benchmark Report Based on the Results of PayStream s 2013 IWA Survey Q3 2013 Featuring Insights on... Current AP Automation Trends Underwritten in part by AP Challenges
More informationGo beyond trade finance automation
Trade Services Solution insight Go beyond trade finance automation End-to-end trade services to drive sales and boost margins Turn transaction efficiency into service leadership & product innovation How
More informationThe New AP Strategy: Leveraging Automation and Working Capital Optimization to Generate Revenue
The New AP Strategy: Leveraging Automation and Working Capital Optimization to Generate Revenue Agenda Identify Your Goals Why Automate? The New Payment Strategy Review Your Current Environment Leverage
More informationDRIVING PROCURE-TO-PAY QUICK WINS
Case Study Series DRIVING PROCURE-TO-PAY QUICK WINS The end-to-end Procure-to-Pay process is one that offers great opportunities for improvement in companies that are decentralized, still mainly paperbased,
More informationAccounts 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 informationPurchase-to-Pay Transformation in the Oil and Gas Industry
Purchase-to-Pay Transformation in the Oil and Gas Industry Leveraging Purchase-to-Pay (P2P) Automation to Meet the Energy Sector s Unique Business Needs Featuring insights on... Business Process Characteristics
More informationCreating an Efficient & Profitable AP Department
Creating an Efficient & Profitable AP Department Kentucky HFMA July 23, 2015 Agenda - AP Challenges - Targeting Specific Areas for Greater Efficiencies - Analyze AP Process to Create Payment Strategies
More informationAbout the Speakers Henry Ijams, CAPP/CPM
Electronic Payments: Six Supplier Savvy Steps Toward epayment Success About the Speakers Henry Ijams, CAPP/CPM Managing Director PayStream Advisors, Inc. Mr. Ijams' 25 years of experience focuses on trends
More informationInvoice 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 informationFinding Nirvana in AP Automation and Outsourcing
WHITE PAPER Finding Nirvana in AP Automation and Outsourcing Gaining Control By Letting Go Nirvana: Joy, freedom from pain and worry an end to suffering. Suffering is something with which many Accounts
More informationAccounts Payable Optimization in Today s Healthcare Environment
2009 Accounts Payable Optimization in Today s Healthcare Environment A GHX White Paper for Hospital Financial Executives In today s tumultuous economic and political environment, healthcare providers increasingly
More informationLEVERAGING AP AUTOMATION TO CREATE A SUCCESSFUL EARLY PAY PROGRAM (THAT CAN SAVE YOUR COMPANY MILLIONS)
LEVERAGING AP AUTOMATION TO CREATE A SUCCESSFUL EARLY PAY PROGRAM (THAT CAN SAVE YOUR COMPANY MILLIONS) Housekeeping Details Listen-only mode teleconference Questions Question function in GoTo Meeting
More informationKofax 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 informationOperational 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 informationAccounts Payable Automation Benefits
W H I T E P A P E R Accounts Payable Automation Benefits Facts and best practices by leading analysts Purchase to Pay by ReadSoft. Automated accounts payable processing Author:Paul Steele, Wille Dahl,
More informationSouthern California AFP Luncheon
Working Capital Unharness your Cash Flow Southern California AFP Luncheon Michael Diekmann Director, Bank of America Merrill Lynch October 10, 2014 Understanding Working Capital Working Capital... = Current
More informationPROACTIS 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 informationChaos to Clarity. Why Strategic CFO s Demand AP Automation 43% 55% 75% Written by Bottomline Technologies
Chaos to Clarity Why Strategic CFO s Demand AP Automation 55% 43% 75% Written by Bottomline Technologies Chaos to Clarity Why Strategic CFO s Demand AP Automation What s at the top of the modern CFO s
More informationAccounts Payable THE NETWORK
STATE OF ACCOUNTS PAYABLE 2014 Discount capture, cash management intelligence and reduction in COGS through spend analysis are becoming the new product of AP. That s the vision. WHAT S REALITY? INTRODUCTION
More informationAccounts Payable Automation
Accounts Payable Automation 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
More informationKofax 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 informationOptimizing 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 informationAP Automation. Are You Thinking Strategically? What s Inside: Beyond Cost Reduction & Compliance. Benefits of the Paper to Electronic Migration
Pay tream A D V I S O R S WHITE PAPER AP Are You Thinking Strategically? What s Inside: Beyond Cost Reduction & Compliance Benefits of the Paper to Electronic Migration Deriving Greater Strategic Value
More informationAdvanced Case Management. Chris den Hoedt
Advanced Case Management Chris den Hoedt New market demands for achieving outcomes require new approaches...like advanced case management Increased costs and risks from unpredictable processes Higher
More informationHow Fortune 500 s Generate Millions with ReadSoft and Dynamic Discounting
How Fortune 500 s Generate Millions with ReadSoft and Dynamic Discounting Agenda 1 2 3 4 5 INTRODUCTION MARKET CHALLENGES CASE STUDIES KEY TAKEAWAYS Q & A Who Are We? DAWNETTE BLAKE Treasury Manager Agilent
More informationPROCURE-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 informationB2B Offerings. Helping businesses op2mize. Infolob s amazing b2b offerings helps your company achieve maximum produc2vity
B2B Offerings Helping businesses op2mize Infolob s amazing b2b offerings helps your company achieve maximum produc2vity What is B2B? B2B is shorthand for the sales prac4ce called business- to- business
More informationBuilding a Strong Foundation for Supplier Finance Unlocking Value From Your Supply Chain
Building a Strong Foundation for Supplier Finance Unlocking Value From Your Supply Chain Taulia Overview The leading SaaS provider of Supplier Self-Services, einvoicing and Supplier Financing software
More informationTrends and Drivers. Global Order Management and Master Data Management
Trends and Drivers Global Order Management and Master Data Management Table of contents Trends and Drivers Master Data Management Trends and Drivers Global Order Management Page 2 Multiple MDM Domains
More informationImaging, 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 informationIncreasing Invoice Volume Challenges Accounts Payable Departments, Which Still Rely Largely on Paper Rather than Automation, Study Shows
FOR IMMEDIATE RELEASE CONTACT: Diane Sears The Institute of Financial Operations 407-351- 3322 diane.sears@financialops.org Increasing Invoice Volume Challenges Accounts Payable Departments, Which Still
More informationUnderstand the impact the POA & ASN has on the Perfect PO Kevin Wilson Q Data USA SESSION CODE: SC163
Understand the impact the POA & ASN has on the Perfect PO Kevin Wilson Q Data USA SESSION CODE: SC163 LEARNING POINTS List 1-3 key points that attendees will take away from your session. BEST PRACTICES
More informationTier-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 informationDriving 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 informationAccounts Payable Trends & Best Practices May 19, 2011 Agenda Typical AP Challenges AP Automation Invoice Management B2B Payments Financial Supply Chain Q&A 2 Top Priorities CFO View Mitigate Risk 43% Forecast
More informationCreating 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 informationThis paper looks at current order-to-pay challenges. ECM for Order-to-Pay. Maximize Operational Excellence
J A N U A R Y 2 0 1 4 ECM for Order-to-Pay Maximize Operational Excellence This paper looks at current order-to-pay challenges and trends; what organizations should consider in an order-to-pay solution;
More informationStreamline 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 informationBuilding a Business Case for Procure-to-Pay
Building a Business Case for Procure-to-Pay Building a Business Case for Procure-to-Pay 1. Introduction Becoming that well-equipped procurement and supply management organization means recruiting the right
More informationPaymode-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 informationHOT TREND: ACCOUNTS PAYABLE AUTOMATION
th ANNUAL ALABAMA TREASURY MANAGEMENT ASSOCIATION SUMMIT HOT TREND: ACCOUNTS PAYABLE AUTOMATION SEPTEMBER 25 Mel Steals, PNC Bank Alex Keene, BBVA Compass Agenda 2 Accounts Payable Goals Accounts Payable
More informationWHITE PAPER. Is your AP Department Truly Automated?
WHITE PAPER Is your AP Department Truly Automated? Published by: Sponsored by: Introduction For several decades accounts payable (AP) departments have been talking about the end of paper processing including
More informationEnhancing 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 informationTreasure Trove The Rising Role of Treasury in Accounts Payable
Treasury and Trade Solutions North America July 30, 2015 Treasure Trove The Rising Role of Treasury in Accounts Payable 2015 Citibank, N.A. All rights reserved Today s Speakers Andrew Bartolini Chief Research
More informationSupplier Onboarding in a SIM World
Complimentary Research Procurement Executive Insight Management Issue May 7, 2015 Supplier Onboarding in a SIM World By Amy Fong, Senior Procurement Advisor and Purchase-to-Pay Advisory Program Leader,
More informationElectronic Invoice Management
Electronic Invoice Management A Move to the Middle Q1 2014 Featuring Insights on... Underwritten in part by Barriers to einvoice Adoption Building a Case for AP Automation Usage of AP Automation Factors
More informationOracle Solu?ons for Higher Educa?on
Presented with Oracle Solu?ons for Higher Educa?on Cole Clark Global Vice President Oracle, Educa?on & Research June 12, 2014 Oracle Confiden?al Internal/Restricted/Highly Restricted Safe Harbor Statement
More informationRealities of Outsourcing: 16 th in a Series of Webinar Presentations. Finance and Accounting Outsourcing. December 6, 2007
Realities of Outsourcing: 16 th in a Series of Webinar Presentations Finance and Accounting Outsourcing December 6, 2007 All Rights Reserved 2007 Robert Zahler Partner 2300 N Street, N.W. Washington, DC
More informationQubera Solu+ons Access Governance a next genera0on approach to Iden0ty Management
Qubera Solu+ons Access Governance a next genera0on approach to Iden0ty Management Presented by: Toby Emden Prac0ce Director Iden0ty Management and Access Governance Agenda Typical Business Drivers for
More information