Basware Invoice Automation Demonstration

Size: px
Start display at page:

Download "Basware Invoice Automation Demonstration"

Transcription

1 Basware Invoice Automation Demonstration Better Buying, Better Selling, Connected Commerce with Basware Thomas Noe Presales Engineer Mobile: Rich Roberts Account Executive Phone:

2 Housekeeping Details Listen-only mode teleconference Questions Question function in GoTo Meeting Conference dial in # Please use the confirmation number Trouble joining? - provided

3 Agenda Today s Accounts Payable Challenges Meeting Those Challenges With Basware AP Automation Exploring Benefits Felt Across The Organization Why Basware Demo Q & A 3 Solution Presentation

4 Today, Accounts Payable organizations are facing many Common Challenges How do I? Improve confidence in decision making? Addressing these requires full process visibility and analytics Better align AP with goals of the organization? tools that facilitate AP processes for all stakeholders Ensure cash management is optimized? shorter invoice cycle times Reduce operational costs while doing more? solutions that eliminate manual touch points Improve communication with customers & suppliers? solutions that embrace multi-enterprise collaboration 4 Solution Presentation

5 ...But why do so many organizations struggle to address these challenges? What is your organization faced with? Systems and processes are decentralized and/or non-standardized Accounts Payable is managed purely as a back-office function Invoices are often paper-based and slow to process Currently working with a mix of scanning, paper and ERP workflows Interaction with suppliers is time consuming and generally negative 5 Solution Presentation

6 The result?... Finance pain & profit drain 300% higher costs with paper invoice processing Manual data entry errors, loss of discount opportunities Inability to drive process improvement Accounts Payable is ignored as an organization wide value creation opportunity Slower invoice cycle times negate cash management opportunities Is this You? 6 Solution Presentation

7 Solution Presentation Meeting the challenge....with Basware Accounts Payable Automation

8 Our Solutions

9 Intelligent AP Automation Smart Processes Driving Maximized Efficiency & Value Cut Empowered Costs Compliance 1. Invoices are received into the system as true e-invoices PO INVOICE 4. Full Automation: Invoices are matched and sent for payment 2. Pre-processing Validation ensures good data & process MATCHING 5. Partial Automation: Invoices are sent into approval flow coded 3. Smart workflows automate the process AP Clerk focuses only on 6. exceptions - codes and sends into flow for approval 9 7. Analytics provides realtime, actionable insights into process performance and cash flows

10 Summary: Value of Intelligent AP Automation PAPER PROCESSES AP AP invoice received envelope opened clips, separation manual input pre-booking coding routing review approvals AP review ERP archive paper search SCANNING PROCESSES AP invoice received envelope opened clips, separation scanning manual validation pre-booking coding routing review approvals ERP archive FULL AUTOMATION PROCESSES E-invoice received Auto- Matching Manual Matching approvals ERP archive Analytics

11 Solution Presentation Exploring the benefits.. Basware AP Automation

12 Accounts Payable Automation Summary of Benefits: Control the 1. Gain Visibility Process Cut Costs Transparency & Accountability Approval policies consistent and followed Actionable & Accessible Full AP process visibility Streamlined & Automated Reduce transactional costs Process is easily auditable Real-time view on cash flow Speed up invoice cycle times Compliance with SOX, IFRS, etc. Enterprise-wide spend visibility Reduce time spend on nonvalue adding tasks 26 Solution Presentation

13 Benefits of Basware AP Automation felt across the organization Basware AP Automation Realize significant cost savings immediately Handle more invoices with less resources Improve auditability and reporting Provide better service to SSC customers and suppliers Reduce workloads and remove bottlenecks Make straight-through processing reality Gain spend visibility for better cash management Optimize payment strategies CFO Improve return on invested capital Reduce reliance on external finance Reduce costs, protect margin Manage cash & working capital Accurate, credible forecasting Operational excellence SSC Manager Manage segregation of duties Deliver high level of service Support standardization and rationalization of the process Process adaptability Ensure a compliant process AP Manager Full visibility to all invoices Easily audit any BU, Supplier, individual, cost centre or account Ensure invoices are paid on-time Quickly resolve supplier inquiries Collaborate actively with line managers for a faster process 56% less AP Users, 60% STP Consolidated 100% of their Invoices 48 hour invoice cycle time 130% ROI in first year 50% FTE reduction 90% STP 40% less AP Reduced invoicing costs by 75% 27

14 .. and beyond.. To your suppliers too! Basware AP Automation Buyers Suppliers Access to world s largest network of buyers Improved visibility to demand Shorter DSOs with reduced risks Reduced AR processing costs Easier catalog content management Improved customer service Enhanced confidence/assurance 28 Solution Presentation

15 Solution Presentation WHY BASWARE?

16 Basware in numbers History Founded 1985 Publicly listed 2000 Consistently Ranked #1/ #2 by analysts across P2P and e-invoicing Offices in Europe, the US, and Asia-Pacific Corporate performance Net sales >$150m in ,400+ employees Millions of business users in 900,000 companies in 100 countries Basware Commerce Network 1.9m suppliers listed >60m e-invoices/pos (2013 annualized) $425b total annual spend across network (2013 annualized) 170+ partners >50 e-invoice formats

17 Cross-Industry References Banking / Finance Retail Manufacturing Food / Beverage Transportation / Logistics Energy Professional Services Medical / Pharma / Biotech Public Sector Construction Services Chemicals 32 Solution Presentation

18 Why Companies Choose Basware AP Automation? Basware AP Automation Control your process Know your process Improved visibility Actionable insights Efficient processes Hard savings Basware Invoice Basware Match Basware Invoice Basware Analytics Basware Match Basware Mobile Basware Commerce Network Standardized best practices SSC centralization SOX/IFRS compliance Full P2P Platform Dashboard process visibility Roles-based UI Consolidated spend data Out-of-the-box analytics Match invoices to POs Handle invoices on the go Automate recurring invoices Largest open commerce network 33 Solution Presentation

19 Demonstration

20 Q&A

21 Basware Invoice Automation Demonstration Better Buying, Better Selling, Connected Commerce with Basware Thomas Noe Presales Engineer Mobile: Rich Roberts Account Executive Phone:

LEVERAGING 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) 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 information

8 OFTEN-OVERLOOKED WAYS INVOICE AUTOMATION MAKES FOR A MORE EFFICIENT AP FUNCTIONS

8 OFTEN-OVERLOOKED WAYS INVOICE AUTOMATION MAKES FOR A MORE EFFICIENT AP FUNCTIONS 8 OFTEN-OVERLOOKED WAYS INVOICE AUTOMATION MAKES FOR A MORE EFFICIENT AP FUNCTIONS Housekeeping Details Listen-only mode teleconference Questions Question function in GoTo Meeting Email: info.us@basware.com

More information

Four Steps to Invoice Automation. From Manual to a Fully Electronic Purchase-to-Pay Process

Four 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 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

The CFO s motivation...

The 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 information

BEYOND PAPERLESS How AP Change Makers can improve on scan and capture solutions to unlock the full potential of AP Automation

BEYOND 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 information

PROCURE-TO-PAY AUTOMATION GUIDE. A guide to cloud procure-to-pay automation for CIOs, CFOs and CPOs. PRESENTED BY BIRCHSTREET SYSTEMS Copyright 2016

PROCURE-TO-PAY AUTOMATION GUIDE. A guide to cloud procure-to-pay automation for CIOs, CFOs and CPOs. PRESENTED BY BIRCHSTREET SYSTEMS Copyright 2016 PROCURE-TO-PAY AUTOMATION GUIDE 2016 A guide to cloud procure-to-pay automation for CIOs, CFOs and CPOs. PRESENTED BY BIRCHSTREET SYSTEMS Copyright 2016 PROCURE-TO-PAY AUTOMATION Procure-to-Pay Automation

More information

Basware R&D: Tutustu ja vaikuta Laskuautomaatio

Basware R&D: Tutustu ja vaikuta Laskuautomaatio Basware R&D: Tutustu ja vaikuta Laskuautomaatio Minna Snirvi, VP Product Management Basware Experience User Forum Collaborate. Innovate. Succeed. Australia Denmark Finland France Germany Netherlands Norway

More information

AP Automation Solution Roadmap

AP Automation Solution Roadmap AP Automation Solution Roadmap Jyrki Rajala, Product Management Basware Experience User Forum Collaborate. Innovate. Succeed. Australia Denmark Finland France Germany Netherlands Norway Sweden United Kingdom

More information

Special Report: The Future of AP

Special 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 information

NEW MODELS FOR SCF THOMAS FAKHOURI BASWARE FINANCING SERVICES

NEW MODELS FOR SCF THOMAS FAKHOURI BASWARE FINANCING SERVICES NEW MODELS FOR SCF THOMAS FAKHOURI BASWARE FINANCING SERVICES SUPPLY CHAIN FINANCE THE WORKING CAPITAL OPPORTUNITY Today s supply chain finance solutions typically: Offer access to advantageous financing

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

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

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

THE ADOPTION OF E-INVOICING AT LONDON BOROUGH OF ISLINGTON COUNCIL TUESDAY 16 JUNE, 2015

THE ADOPTION OF E-INVOICING AT LONDON BOROUGH OF ISLINGTON COUNCIL TUESDAY 16 JUNE, 2015 THE ADOPTION OF E-OICING AT LONDON BOROUGH OF ISLINGTON COUNCIL TUESDAY 16 JUNE, 2015 1 TODAY S SPEAKERS Stephen Carter einvoicing COE Basware Bill Cavanagh Payment Services Manager London Borough of Islington

More information

Finding Nirvana in AP Automation and Outsourcing

Finding 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 information

The Case for ERP-Integrated Paperless Automation

The Case for ERP-Integrated Paperless Automation The Case for ERP-Integrated Paperless Automation Featuring insights on... Common AP Pains Among All Organizations The Advantages of an Integrated AP Automation Solution Automating AP as a Microsoft Dynamics

More information

Boost 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 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 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

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

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

Building a Financial Shared Services Center Learning Academy. Part 4 of 4: Shared Services vs. Outsourcing The Right Approach for your Company

Building a Financial Shared Services Center Learning Academy. Part 4 of 4: Shared Services vs. Outsourcing The Right Approach for your Company Building a Financial Shared Services Center Learning Academy Part 4 of 4: Shared Services vs. Outsourcing The Right Approach for your Company Housekeeping Details Listen-only mode teleconference Questions

More information

E- 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 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 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

UNLOCKING VALUE IN THE WORLD OF CONNECTED COMMERCE MORGAN STANLEY EUROPEAN TECHNOLOGY, MEDIA & TELECOM CONFERENCE 2015 NOVEMBER 11, 2015

UNLOCKING VALUE IN THE WORLD OF CONNECTED COMMERCE MORGAN STANLEY EUROPEAN TECHNOLOGY, MEDIA & TELECOM CONFERENCE 2015 NOVEMBER 11, 2015 UNLOCKING VALUE IN THE WORLD OF CONNECTED COMMERCE MORGAN STANLEY EUROPEAN TECHNOLOGY, MEDIA & TELECOM CONFERENCE 2015 NOVEMBER 11, 2015 IMPORTANT NOTICE The following information contains, or may be deemed

More information

Creating an Efficient & Profitable AP Department

Creating 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 information

Secrets of World-Class Accounts Payable Departments

Secrets 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 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

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

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

Transforming Accounts Payable. Evolving from Administra8ve Necessity to Strategic Partner

Transforming Accounts Payable. Evolving from Administra8ve Necessity to Strategic Partner Transforming Accounts Payable Evolving from Administra8ve Necessity to Strategic Partner AGENDA Setting the Stage: Perception is Reality Key Concepts The Transformation Process The New Reality 2 01 Setting

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

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

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

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

The New Data Integration Model. The Next Real B2B Integration Opportunity for System Integrators & VARs

The New Data Integration Model. The Next Real B2B Integration Opportunity for System Integrators & VARs The New Data Integration Model The Next Real B2B Integration Opportunity for System Integrators & VARs 2 In this E-book This E-book highlights a new framework called the New Integration Model created to

More information

Transforming Accounts Payable into a Profit Center

Transforming Accounts Payable into a Profit Center PROFIT FROM PAYMENTS: Transforming Accounts Payable into a Profit Center Leveraging Business Process Automation to Capitalize on Dynamic Discounts a New Breed of Early Payment Incentives BEGIN Table of

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

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

2015 Spend Management Report

2015 Spend Management Report 2015 Spend Management Report The Strategic Value of Reporting and Analytics for Optimized Purchase-to-Pay (P2P) Featuring insights on... Current Trends of P2P and Spend Management Solution Adoption The

More information

Accounts Payable Automation

Accounts 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 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

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

Accounts Payable Automation Benefits

Accounts Payable Automation Benefits w h i t e pa p e r Accounts Payable Automation Benefits Facts and best practices by leading analysts Purchase to Pay by Medius, Powered by ReadSoft Author: ReadSoft, August 2011 Edited: Medius, June 2012

More information

Transforming Accounts Payable through Automation

Transforming Accounts Payable through Automation Transforming Accounts Payable through Automation Loren Zadecky, KeyBank, Senior Vice President and Head of Commercial Payables Strategy Adoption of Accounts Payable (AP) automation has been slow, with

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

Accounts Payable Takes Center Stage in Cash-Constrained Economy

Accounts Payable Takes Center Stage in Cash-Constrained Economy Accounts Payable Takes Center Stage in Cash-Constrained Economy How CFOs are Maximizing Capital by Optimizing Accounts Payable Performance Cash is king in today s difficult economic circumstances. Chief

More information

OVERVIEW DATA SHEET. MedAct Overview Data Sheet

OVERVIEW DATA SHEET. MedAct Overview Data Sheet MedAct Overview Data Sheet MedAct delivers an integrated solution for your HME/DMEPOS that provides end-to-end coverage of all your business needs. From patient intake and purchasing to inventory management,

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

ACCOUNTING DEPARTMENT

ACCOUNTING DEPARTMENT EMPOWERING YOUR ACCOUNTING DEPARTMENT WHITE PAPER ACCOUNTING & AP AUTOMATION SPONSORED BY: ACCOUNTING & AP AUTOMATION In order for an organization to properly implement and utilize an electronic document

More information

The 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 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 information

Converga InvoiceMe (einvoicing) Report 2 of 3. Whitepaper

Converga 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 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 Automation Benefits

Accounts 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 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

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

Accounts 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 information

The Holy Grail of Accounts Payable

The Holy Grail of Accounts Payable The Holy Grail of Accounts Payable Achieving Truly Holistic Accounts Payable Automation Featuring insights on... Challenges with AP Compliance and Control Among Today s Organizations Shortfalls of Piecemeal

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

Turn Your Business Vision into Reality with Microsoft Dynamics NAV

Turn Your Business Vision into Reality with Microsoft Dynamics NAV Turn Your Business Vision into Reality with Microsoft Dynamics NAV You have worked hard to build a vision for your business. With Microsoft Dynamics NAV, you can turn that vision into reality with a solution

More information

More control, efficiency and transparency. Accounts Payable Canon Business Solutions

More control, efficiency and transparency. Accounts Payable Canon Business Solutions More control, efficiency and transparency Canon Business Solutions Shape the way you want to Simpler solutions built around you This is your introduction to a simpler, smarter approach to. One that helps

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

e-invoicing for Law Firms

e-invoicing for Law Firms Blue Car Technologies Limited e-invoicing for Law Firms Cloud-based invoice automation Blue Car Technologies Ltd Soane Point 6-8 Market Place Reading Berkshire RG1 4EG E:info@bluecartechnologies.co.uk

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

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

The Road to Financial Shared Services

The Road to Financial Shared Services The Road to Financial Shared Services Q1 2013 Featuring Insights on... Benefits of Shared Services Underwritten in part by Shared Services Challenges Structure of Shared Services AP and Shared Services

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

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

A CFO s Perspective on How Supply Chain and Finance can Collaborate to Deliver Value Joselito Diga CFO, Unilab

A CFO s Perspective on How Supply Chain and Finance can Collaborate to Deliver Value Joselito Diga CFO, Unilab A CFO s Perspective on How Supply Chain and Finance can Collaborate to Deliver Value by Joselito Diga CFO, Unilab SUPPLYLINK 2012 CONFERENCE Philippines Institute of Supply Management 19-20 April 2012

More information

Accounts Payable. Economy How CFOs are Maximizing Capital by Optimizing Accounts Payable Performance

Accounts Payable. Economy How CFOs are Maximizing Capital by Optimizing Accounts Payable Performance Accounts Payable Takes Center Stage in Cash-Constrained Economy How CFOs are Maximizing Capital by Optimizing Accounts Payable Performance Cash is king in today s difficult economic circumstances. Chief

More information

Purchase-to-Pay Transformation in the Oil and Gas Industry

Purchase-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 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

BPM IN F&A THE DIGITAL CFO PARTNERING THE BUSINESS IN GROWTH. xchanging.com BUSINESS PROCESS MANAGEMENT 1

BPM IN F&A THE DIGITAL CFO PARTNERING THE BUSINESS IN GROWTH. xchanging.com BUSINESS PROCESS MANAGEMENT 1 THE DIGITAL CFO PARTNERING THE BUSINESS IN GROWTH xchanging.com BUSINESS MANAGEMENT 1 The changing economic landscape has transformed the role of a Chief Financial Officer (CFO). No longer a financial

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

Accounts Payable Optimization in Today s Healthcare Environment

Accounts 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 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

AP & WORKING CAPITAL. Increasing Revenues from Early Payments. Featuring Insights on. Benefits of Dynamic Discounting. Reasons for Missed Discounts

AP & WORKING CAPITAL. Increasing Revenues from Early Payments. Featuring Insights on. Benefits of Dynamic Discounting. Reasons for Missed Discounts AP & WORKING CAPITAL Increasing Revenues from Early Payments Q2 2014 Featuring Insights on... Featuring Insights on Underwritten in part by Benefits of Dynamic Discounting Reasons for Missed Discounts

More information

Four distribution strategies for extending ERP to boost business performance

Four distribution strategies for extending ERP to boost business performance Infor ERP Four distribution strategies for extending ERP to boost business performance How to evaluate your best options to fit today s market pressures Table of contents Executive summary... 3 Distribution

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

Introduction to Microsoft Dynamics AX2012 for Public Sector Organizations. November 16, 2011

Introduction to Microsoft Dynamics AX2012 for Public Sector Organizations. November 16, 2011 Introduction to Microsoft Dynamics AX2012 for Public Sector Organizations November 16, 2011 Welcome! Important Web Seminar Notes We have automatically muted the line. During the presentation, all participants

More information

Automating the Settlement Process

Automating the Settlement Process Automating the Settlement Process Agenda Discussion Outline Why automate payments Options to achieve automation Selecting a service provider Transforming your payment process Future of electronic payments

More information

Invoicing Innovation - Taking Accounts Payable to the Next Level

Invoicing 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 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

9 Trends that will Transform Purchase-to-Pay in 2015 An IOFM White Paper

9 Trends that will Transform Purchase-to-Pay in 2015 An IOFM White Paper 9 Trends that will Transform Purchase-to-Pay in 2015 An IOFM White Paper Executive Summary While the global economy is beginning to bounce back, organizations are still faced with a heightened pressure

More information

Oracle Cloud: Enterprise Resource Planning

Oracle Cloud: Enterprise Resource Planning Oracle Cloud: Enterprise Resource Planning Rondy Ng Senior Vice President Applications Development Safe Harbor Statement "Safe Harbor" Statement: Statements in this presentation relating to Oracle's future

More information

SAP ERP FINANCIALS ENABLING FINANCIAL EXCELLENCE. SAP Solution Overview SAP Business Suite

SAP ERP FINANCIALS ENABLING FINANCIAL EXCELLENCE. SAP Solution Overview SAP Business Suite SAP Solution Overview SAP Business Suite SAP ERP FINANCIALS ENABLING FINANCIAL EXCELLENCE ESSENTIAL ENTERPRISE BUSINESS STRATEGY PROVIDING A SOLID FOUNDATION FOR ENTERPRISE FINANCIAL MANAGEMENT 2 Even

More information

Supplier Enablement - Best Practices

Supplier Enablement - Best Practices Supplier Enablement - Best Practices Olaf Schrader (Product Manager) 2009. Ariba, Inc. All rights reserved. Session Goal Supplier enablement is the key to success on the Ariba Network. Join this session

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

Holistic Supply Chain Management A Focused Approach to Supply Chain Management through the Lens of Working Capital Management

Holistic Supply Chain Management A Focused Approach to Supply Chain Management through the Lens of Working Capital Management Holistic Supply Chain Management A Focused Approach to Supply Chain Management through the Lens of Working Capital Management A GT Nexus White Paper Executive Summary There is a renewal of interest in

More information

Streamline the Accounts Payable Process

Streamline the Accounts Payable Process Streamline the Accounts Payable Process WRITTEN BY idatix Corporation idatix.com Searching for the right information, filling out paperwork and gathering approvals takes much more time than most management

More information

Turn Your Business Vision into Reality with Microsoft Dynamics NAV

Turn Your Business Vision into Reality with Microsoft Dynamics NAV Turn Your Business Vision into Reality with Microsoft Dynamics NAV You have worked hard to build a vision for your business. With Microsoft Dynamics NAV, you can turn that vision into reality with a solution

More information

WHITE PAPER. Is your AP Department Truly Automated?

WHITE 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 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

AP Automation. Are You Thinking Strategically? What s Inside: Beyond Cost Reduction & Compliance. Benefits of the Paper to Electronic Migration

AP 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 information

Payment Strategies to Maximize Cash Flow for Healthcare Providers

Payment Strategies to Maximize Cash Flow for Healthcare Providers Payment Strategies to Maximize Cash Flow for Healthcare Providers Personal banking has radically changed over the past twenty years. How often do you write a check? Many people do not even know where their

More information

E-INVOICING A COMPANY-WIDE PROJECT?

E-INVOICING A COMPANY-WIDE PROJECT? Hot topics, Perspectives, and Debates - Trending in Procurement brings you the trends and analysis for your Procurement needs. E-INVOICING A COMPANY-WIDE PROJECT? In the context of a stepped-up search

More information

Managing Procurement with SAP Business One

Managing Procurement with SAP Business One SAP Product Brief SAP s for Small Businesses and Midsize Companies SAP Business One Objectives Managing Procurement with SAP Business One Integrate optimized procurement with the entire business Integrate

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

Part of the Deloitte working capital series. Make your working capital work for you. Strategies for optimizing your accounts payable

Part of the Deloitte working capital series. Make your working capital work for you. Strategies for optimizing your accounts payable Part of the Deloitte working capital series Make your working capital work for you Strategies for optimizing your accounts payable The Deloitte working capital series Strategies for optimizing your accounts

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