Boost the performance of your Accounts Payable and Treasury departments thanks to the Ariba Network
|
|
- Stephen Johns
- 8 years ago
- Views:
Transcription
1 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
2 Optimizing Payables Via Invoice Automation, Enabling Working Capital Strategies, Concluding with Electronic Payment 0 days Invoice date 5 days Invoice capture 25 days Invoice approval 41 days Net terms payment delivered Typical A B C D Best-in-class B C D 0 days Invoice and capture date 5 days Invoice approval Options: discount, SCF, or card payment delivered 55 days Net terms payment delivered Best-in-class capabilities Electronic invoice submission Intelligent error recognition PO and invoice with predefined line items Preapproval on PO and contract to reduce invoice workflow Creation of a payment window as high as 50 days for working capital optimization leveraging prorated discounts and SCF Electronic payment to maximize payment window Rich payment remittance details KPIs 90% electronic invoices 50K+ invoices per FTE 75% of PO and invoice lines against item master/catalog/ contract 90% touchless invoice processing Discounts: 10% of spend SCF: 10% of spend Card: 5% of spend Net terms: 75% of spend DPO = 55 days 60% to 80% reduction in supplier inquires More than 90% ACH payment method Value 40% to 60% operating cost reduction $1 million to $2 million savings per $1 billion spend 1 to 4 days DPO extension 40% to 60% operating cost reduction 2015 SAP SE or an SAP affiliate company. All rights reserved. 2
3 Invoice automation is critical for internal processing efficiencies, reducing costs and enabling working capital strategies # annual invoices per FTE Keys to success: Multiple methods for suppliers to submit electronic invoices Intelligent error recognition/front-end validation Preapproval on PO to reduce invoice workflow Payment Invoice Working capital High-touch invoice processing Low -touch invoice processing Manual Paper Fax Data entry Electronically manual PDF Scanning/OCR Electronic invoice Integrated invoice: EDI, B2B, XML Web invoice: PO flip, e-invoice Evaluated receipt settlement (ERS) 2015 SAP SE or an SAP affiliate company. All rights reserved. 3
4 Ariba Smart Invoicing 3 Levels of Defense The Best Invoice solution is the one that is TOUCHLESS! Ariba SMART e-invoicing drives auto post rates of 98% compared to less than 60% with other solutions Lower AP Cost Faster Cycles Lower Risk Level 1 basic field-level existence and PO and non-po verification Invoice Number Ariba rejects exceptions back to suppliers Customer Customer Account Coding Sub Total & Total Amount GST/VAT Compliance PO & PO-Line Match Bill To / Ship To Level 1 Level 2 Oracle JDE Other r SAP + Invoice Management by OpenText 98% Touchless Level 3 advanced account coding, matching and compliance Level 2 intermediate field-level, PO and non-po line level, change and tax verification Contract & Receipt Match Price & Tax Compliance PO-Line Change Line & Total Consumption Thresholds Shipping & Tax Thresholds Buyer Match (non PO) UOM & SKU Change Currency Match PO Number Requestor (Non PO) Invoice Date VAT / GST IDs Invoices Level 3 Faster cycle benefits buyers & suppliers 2015 SAP SE or an SAP affiliate company. All rights reserved. 4
5 Ariba Network Integration for SAP Business Suite Standard integration alternatives Ariba Network Integration for SAP Business Suite RDS ON-PREMISE Integration Options 1 2 SAP Add-On HCI SUPPLIER SAP ERP & SAP Invoice Management by OpenText 3 4 IDOC SAP PI Documents: PO ASN GR Service Entry Sheet Invoice Remittance Advice The scope covers integration between SAP Business Suite and the Ariba Network for: Purchase Order and Invoice Automation Discount Management Ariba Procurement Content (Catalogue Integration) 2015 SAP SE or an SAP affiliate company. All rights reserved. 5
6 Ariba invoice management Customer proof points KPI % Savings Ariba Customer Examples Invoicing Cycle Time Invoicing Error Rates 75-90% 75-90% cycle time reduction from automated streamlined invoice reconciliation and exception handling process (large CPG retail) 95% cycle time reduction, 30 days to 2 days (Financial Services) 50% Improvement of invoice accuracy by 50% or more from enforcing basic supplier invoice submission requirements. Approximately 2% to less than 1% error rate. (Utility) Per Invoice Cost 85% Average cost was $75~$100 per invoice (mostly non-po invoices.) New costs $12~15/invoice (Financial Services) Inquiries 50% Decrease of supplier calls by 50% because suppliers are able to have visibility to real-time invoice status (Pharmaceuticals) Discounts 1-2% 1-2% additional supplier payment discount from on-time/early payment. (oil and gas) FTE Reduction 83% we experienced a dramatic increase in process efficiencies which enabled a reduction of accounts payable headcount from 12 to two, freeing up those resources for more strategic projects within the department. (government sector) ROI < 1 year Based on 50% spend capture, expected to have savings on elimination (reduction) of overpayment (duplicate payments). Process efficiency of staff and even reduction of staff from reduced supplier inquiries. Will achieve ROI in one year. (Retail) reduction of # of checks to suppliers. At $20 cost per check.roi will definitely be recuperated within one year. (bank) 2015 SAP SE or an SAP affiliate company. All rights reserved. 6
7 Working capital Net payment terms Keys to success: Payment terms standardization Align to goals of other programs, such as discounts, SCF, card Start on date of correctly received invoice 2.5% 3 Ad hoc captures as needed acceleration for net term suppliers 1 Automate to minimize missed discounts Current DPO Payment Invoice Working capital Early payment discounts Keys to success: Timely invoice approvals/goods receipts Net terms of 45 days or greater APR goals of 18% to 36% Programmed management of discounts 2.0% 1.5% 1.0% 0.5% 0% $$ Day 10 $$ Day 30 2 Prorate discount to cover remaining missed opportunities 2015 SAP SE or an SAP affiliate company. All rights reserved. 7
8 The future of payables working capital adoption Financing as a competitive advantage Buy right, pay right Holistic versus discrete view of P2P True cross-functional executive sponsorship Procurement and payables organizational alignment DPO management $ Greater focus on DPO management Terms rationalization, standardization, and extension Separation of buying decision from financing decision Scaling multistrategy approach for SCF, discounts, P-Card/card settlement, net terms Price elasticity of demand using Big Data analytics Easier for suppliers to participate Global/regional adoption of preferred strategies Banks have better information about transaction status and history to make credit and rate decisions. The balance sheet as a true competitive advantage: clients compete with banks to finance (invest) and/or increase control of their supply chain SAP SE or an SAP affiliate company. All rights reserved. 8
9 Ariba s capabilities to earn discounts and optimize DPO People and experience Technology Risk management Subject matter experts Payables strategy and value analysis messaging and recruitment Program management/ managed service Largest B2B network Dynamic discounting Cash optimizer Flexible ERP integration Supply Chain Financing Governance from client and Ariba, an SAP company Resource commitment Deployment methodology Network analytics 2015 SAP SE or an SAP affiliate company. All rights reserved. 9
10 DYNAMIC DISCOUNTING Buyers and suppliers can propose prorated early payment discounts. In this example the supplier is proposed early payments by the buyer 2014 SAP AG or an SAP affiliate company. All rights reserved. 10
11 A list of payment dates with pro-rated discounts is proposed to the supplier 2014 SAP AG or an SAP affiliate company. All rights reserved. 11
12 The supplier selects a payment date and associated discount 2014 SAP AG or an SAP affiliate company. All rights reserved. 12
13 The scheduled payment is recorded, the information is also visible in the invoice 2014 SAP AG or an SAP affiliate company. All rights reserved. 13
14 enablement Sample Invoice Automation Wave Plan: 995 s Enabled Covering 237,643 Invoices Wave 1: 98 s 125,162 Invoices Wave 2: 143 s 40,283 Invoices Wave 3: 269 s 38,759 Invoices Wave 4: 485 s 33,439 Invoices Invoice Volume > 400 Invoices Annually 32 Matched s (33%) 72,002 Matched Invoices (57.5%) Invoice Volume between 200 and 400 Invoices Annually 39 Matched s (27%) 15,808 Matched Invoices (39.2%) Invoice Volume Between 100 and 200 Invoices Annually 54 Matched s (20%) 12,999 Matched Invoices (33.5%) Invoice Volume Between 50 and 100 Invoices Annually 119 Matched s (25%) 12,365 Matched Invoices (37%) Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Wave 1 Enablement Wave 2 Enablement Wave 3 Enablement Wave 4 Enablement 2015 SAP SE or an SAP affiliate company. All rights reserved. 14
15 Ariba supplier enablement framework Expertise Methodology Technology Core Competency Central to all solutions Managed services Performance management Strategy Project Management ~ 6 Month Strategy Month 1-2 and Month Best 2-5 Practices Month 5-6 Strategy & Targeting Process best practices Program Management Category best practices Data Management data enrichment matching Value segmentation Program Managers Change management Implementation support enablement Requirements & Design Managed Service Build Wave 1 Engineered process Registration (cxml/edi + Catalogs) Leveraged network effect Low cost factory model Education Registration (QE) Enablement Tools Enablement monitoring Quick Enablement tm Network Insight Support Services Training on-demand 24x7 customer support Global supplier support build catalog Self Service Support Test Walk-up registration Full supplier support Bi-directional enablement Deploy / Go Live Tools Discovery Walk-up admin Integration tool set 2015 SAP SE or an SAP affiliate company. All rights reserved. 15
16 Ariba s methodology A continuous approach to program success 1. Core team kickoff 2. and spend analysis 3. Campaign approach 1. Migrate to production 2. Communicate go-live 3. Post go-live support Deployment Strategy Design & Build 1. Requirement workshops 2. Integration specifications 3. System configuration 1. Create test transactions 2. Test targeted suppliers 3. Track and report results Testing Education Registration 1. Matching to Ariba Network 2. Create relationships 3. communications Help Desk Integration 1. Usability material 2. How to Integrate 3. How to use Portal 2015 SAP SE or an SAP affiliate company. All rights reserved. 16
17 Invoice Thank you Payment Working capital Contact information: Franck Dupas Business Network Executive
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 informationHow 21 st century Purchasing- and Finance organizations leverage Business Networks for automation and business collaboration
How 21 st century Purchasing- and Finance organizations leverage Business Networks for automation and business collaboration Frank Bade, SAP SE September 10 th, 2015 2020 2.5 Billion connected people on
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 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 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 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 informationTransform Payables into Strategic Assets
SAP Brief Ariba s Financials s Objectives Transform Payables into Strategic Assets Transform payables to improve your company s balance sheet Transform payables to improve your company s balance sheet
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 informationProcure-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 informationAccelerating 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 informationCollaborative 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 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 informationHow To Be Successful In A Business
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 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 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 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 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 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 informationTransform 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 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 informationMaking 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 informationUsing Technology to Streamline Procurement and the Supply Chain
Using Technology to Streamline Procurement and the Supply Chain August 2006 Agenda Where does Procurement fit into the overall supply chain process? Key Procurement process steps and using technology to
More informationHow 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 informationSupplier 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 informationDDM Finding the Treasure in Treasury
TECHNOLOGY INSIGHT SERIES DDM Finding the Treasure in Treasury Dynamic Featuring Insights on... Interest in Capture and the Ability to Make it Happen Capture of Early Payment s Dynamic Solutions Working
More informationChrysler Accounts Payable Update. September 18, 2013
Chrysler Accounts Payable Update September 18, 2013 2 Procure to Pay Productive Material Three Way Match Accounts Payable Update YTD Payments since launch of PentaSAP: CAP has successfully paid approx.
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 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 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 informationLeveraging 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 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 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 informationGet 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 informationInvoice Processing. Start today: Jump-Start Solution for Finance:
2 Processing Reduce the cost of AP by automating approval of valid invoices and streamlining discrepancy resolution Finance Professionals: The Big Picture & The Things You Can Address Today The Spend Control
More informationPEOPLESOFT 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 information2015 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 informationAxis Cloud Collaboration Platform Business Partner Collaboration
Axis Cloud Collaboration Platform Business Partner Collaboration Axis is an enterprise cloud-delivered collaboration platform for exchanging supply chain, asset & work management data electronically between
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 informationStreamline 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 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 informationPEOPLESOFT ENTERPRISE PAYABLES
PEOPLESOFT ENTERPRISE PAYABLES Oracle s PeopleSoft Enterprise Payables provides automated invoice and payment processing to ensure timely and accurate payment for KEY FEATURES Support shared service centers
More informationSimplify Invoice Processing for Complex, Project-Based Spend
SAP Brief Financial s from Ariba Ariba Services Invoicing Objectives Simplify Invoice Processing for Complex, Project-Based Spend Take the complexity out of services invoicing Take the complexity out of
More informationAchieving 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 informationAccounts 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 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 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 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 informationDynamic Discount Management
Dynamic Discount Management Moving Toward Mainstream Q2 2013 Featuring Insights on... Benefits of Dynamic Discounting Underwritten in part by Reasons for Missed Discounts Dynamic Discounting Management
More informationPaper was yesterday: The future is einvoicing
Paper was yesterday: The future is einvoicing James Marland, Vice President, Network Growth, SAP June 2014 Legal disclaimer The information in this presentation is confidential and proprietary to SAP and
More informationAriba Supplier Network. Helping Buyers and Suppliers Discover, Connect, and Collaborate Using a Single, Comprehensive Platform
Ariba Supplier Network Helping Buyers and Suppliers Discover, Connect, and Collaborate Using a Single, Comprehensive Platform Ariba Supplier Network Buyer-Supplier Collaboration Today: Unstructured, Ineffective,
More informationDOCUMATION 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 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 informationAutomated 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 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 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 informationAutomated 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 informationPublic 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 informationAccounts 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 information2016 SAP SE or an SAP affiliate company. All rights reserved. 1
2016 SAP SE or an SAP affiliate company. All rights reserved. 1 ASUG SAP HANA Platform Program The ASUG SAP HANA Platform Program will focus on providing SAP HANA platform education, customer experience,
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 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 informationDaryl Fullerton. Oil & Gas Industry Principal
Daryl Fullerton Oil & Gas Industry Principal How increased visibility into e-invoicing & other P2P KPI Metrics speeds up Invoice Payment while also improving Operator / Supplier Relations PIDX EU Conference
More informationMaximize Supplier Enablement for Procure to Pay Success. An Oracle White Paper
Maximize Supplier Enablement for Procure to Pay Success An Oracle White Paper Maximize Supplier Enablement for Procure to Pay Success EXECUTIVE OVERVIEW Procure to Pay (P2P) automation comes of age as
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 informationUnleashing New Working Capital Potential with Order-to-Pay Automation
TREASURY SERVICES Unleashing New Working Capital Potential with Order-to-Pay Automation As organizations automate their order-to-pay process, many discover an unexpected and often unplanned benefit the
More informationMaking 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 informationSAGE 300 ERP ADD-ONS. GreyMatrix. Salesforce. Integration. www.greytrix.com. Auto Revise Quote. ecommerce Magento. Integration. Document.
Auto Revise Quote Bulk Invoicing Salesforce Integration 3 way PO ecommerce Magento Integration GL Utilites Drop Shipment GreyMatrix Document Attachment Purchase Process Module Document Numbering NON ARTIFICIAL
More informationUnleashing New Working Capital Potential with Order-to-Pay Automation
NOVEMBER 2008 Unleashing New Working Capital Potential with Order-to-Pay Automation Executive Summary As organizations automate their order-to-pay process, many discover an unexpected and often unplanned
More informationRealizing the Full Value of GHX. A GHX Education Paper for Healthcare Supply Chain Professionals
Realizing the Full Value of GHX A GHX Education Paper for Healthcare Supply Chain Professionals Realizing the Full Value Realizing the Full of GHX of GHX A GHX Education Paper for Healthcare Supply Chain
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 informationDoing Business with Serco - A Suppliers Guide
Doing Business with Serco - A Suppliers Guide We recognise the value our suppliers bring to Serco and we want to make it simple to do business with us. This guide will help you understand how to comply
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 informationB2B Payments New World
The Essentials of Procure-to-Pay Pay Patrick S. Lyons Vice President, Spend & Payment Solutions BMO Financial Group B2B Payments New World Trend: Payment Strategies now include all three Payments (ACH,
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 informationE-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 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 informationAP Automation at Fossil. How Fossil implemented Opentext Vendor Invoice Management Wim Schalken
AP Automation at Fossil How Fossil implemented Opentext Vendor Invoice Management Wim Schalken Agenda INTRODUCTION LANDSCAPE PROJECT PROCESS LESSONS LEARNED Click to edit super huge text copy The Fossil
More informationDDM Finding the Treasure in Treasury
TECHNOLOGY INSIGHT SERIES DDM Finding the Treasure in Treasury Dynamic Featuring Insights on... Interest in Capture and the Ability to Make it Happen Capture of Early Payment s Dynamic Solutions Working
More informationEXFLOW 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 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 informationGXS Active. Orders. Optimizing the Procure-to-Pay Process. Order Planning and Execution. Order Lifecycle Management. www.gxs.com
www.gxs.com SM GXS Active Orders Optimizing the Procure-to-Pay Process GXS Active Orders automates the procure-to-pay process for companies interacting with a global and diverse supplier community. Active
More informationSUPPLIER PAYMENT GUIDE EUROPE
SUPPLIER PAYMENT GUIDE EUROPE Expectations and requirements to facilitate accurate and timely payments to suppliers Table of Contents 1) Procure To Pay Cycle 2) Payment Process Overview 3) Payment Due
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 information<Insert Picture Here> Oracle Fusion: The New Standard for Enterprise Software
Oracle Fusion: The New Standard for Enterprise Software Ginger Conroy Global Sales Support The following is intended to outline our general product direction. It is intended for information
More informationGXS Active. Orders. Optimising the Procure-to-Pay Process. Order Planning and Execution. Order Lifecycle Management. www.gxs.co.uk
www.gxs.co.uk SM GXS Active Orders Optimising the Procure-to-Pay Process GXS Active Orders automates the procure-to-pay process for companies interacting with a global and diverse supplier community. Active
More informationElectronic 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 informationPerformance Measures that Matter. The benefits of Payables Automation. Laura I. Maydón Visa Latin Trade CFO Events Mexico City, June 16 th 2011
Performance Measures that Matter The benefits of Payables Automation Laura I. Maydón Visa Latin Trade CFO Events Mexico City, June 16 th 2011 Note: Survey results, research and recommended practice recommendations
More informationTrends in Supply Chain Finance
Trends in Supply Chain Finance SupplierPay Meeting 17 November 2014 David Gustin Managing Director, Global Business Intelligence Co-founder, Trade Financing Matters Copyright 2014 Global Business Intelligence.
More informationAccelerating 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 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 informationRun Better with SAP and Ariba Road Map for Procurement Line of Business
Run Better with SAP and Ariba Road Map for Procurement Line of Business Legal disclaimer The information in this presentation is confidential and proprietary to SAP and may not be disclosed without the
More informationTransforming 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 informationAribaPay Operational Details
AribaPay AribaPay Operational Details Table of Contents 3 Onboarding and Setup 4 Payment Initiation and Flow 5 Postpayment Process and Responsibilities 6 Third-Party Participation in AribaPay in the United
More informationPEOPLESOFT ENTERPRISE esettlements
PEOPLESOFT ENTERPRISE 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
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 informationKofax White Paper. AP Automation for Microsoft Dynamics AX. Best practices for Accounts Payable
Kofax White Paper AP Automation for Microsoft Dynamics AX Practical Advice on Why to Do It and How to Get It Right This white paper is written for finance professionals who are considering investment in
More informationIncrease Cash Returns and Optimize Working Capital with Early-Payment Discounts
SAP Brief Ariba s Cloud s from SAP Ariba Discount Professional Objectives Increase Cash Returns and Optimize Working Capital with Early-Payment Discounts Make the most of your short-term cash and working
More informationVehicle Sales Management
Solution in Detail Automotive Executive Summary Contact Us Vehicle Sales Optimizing Your Wholesale Business Efficient Sales Collaborative Operation Faced with declining margins, automotive sales organizations
More informationOffice of Contracting & Procurement and Support Service Center Desk Reference
Oracle PeopleSoft Enterprise I m in. DETROIT PUBLIC SCHOOLS Office of Contracting & Procurement and Support Service Center Desk Reference Created by the Division of Finance Office of Strategic Management
More informationVISA COMMERCIAL SOLUTIONS BEST PRACTICES SUMMARIES. Profit from the experience of best-in-class companies.
VISA COMMERCIAL SOLUTIONS BEST PRACTICES SUMMARIES Profit from the experience of best-in-class companies. Introduction To stay competitive, you know how important it is to find new ways to streamline and
More information