Скачать презентацию Looking to streamline your Oracle payables process Read Скачать презентацию Looking to streamline your Oracle payables process Read

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Looking to streamline your Oracle payables process? Read. Soft Looking to streamline your Oracle payables process? Read. Soft

Learning Points n Ways to get financial data into Oracle without manual keying n Learning Points n Ways to get financial data into Oracle without manual keying n Time and money can be saved by automating n Automation includes: – Capturing the image and the data – 2 -way & 3 -way matching – Exception handling – Invoice coding and approvals n Best practice concepts n Enable the four pillars of Accounts Payable: – – Control – Read. Soft Efficiency Cycle time – Visibility

About Read. Soft in a nutshell n Innovator since 1991 n 420 employees n About Read. Soft in a nutshell n Innovator since 1991 n 420 employees n Covers four continents n 16 subsidiaries Helsinki Oslo Stockholm London Helsingborg Copenhagen Paris Frankfurt Madrid Wroclaw New Orleans n n Santiago São Paulo 5000 customers in 70 countries The leading supplier with 16 percent of the international market Data Capture for Process and Transaction Management Read. Soft Sydney

Read. Soft presence in North America n n Fastest growing subsidiary since 2004 670 Read. Soft presence in North America n n Fastest growing subsidiary since 2004 670 customers 350 AP installations 55 employees CANADA Regional Offices North American Headquarters Chicago San Fransisco Atlanta San Diego Read. Soft Phoenix Boston Philadelphia New Orleans

The First AP Optimization Solution Certified by Oracle n n n Thoroughly tested and The First AP Optimization Solution Certified by Oracle n n n Thoroughly tested and approved by Oracle Operates inside your familiar Oracle environment using standard interface and workflow Oracle continues to support your EBS implementation as well as continuing to guarantee the security of your Oracle environment – n n Supports Oracle automatic version upgrades Enables the four pillars of Accounts Payable optimization – Read. Soft solutions have ZERO impact on your current or future Oracle support agreements Efficiency, cycle time, control, visibility

About Read. Soft Number one in Invoice Process Optimization n Read. Soft Invented automatic About Read. Soft Number one in Invoice Process Optimization n Read. Soft Invented automatic invoice capture technology in 1997 The longest and widest expertise in the business The most installations worldwide (over 2500)

What are the business issues that are driving Oracle Accounts Payable automation? n Accounts What are the business issues that are driving Oracle Accounts Payable automation? n Accounts Payable Manager: – – n Oracle / Information Technology: – – n Simple to administer and upgrade Fits corporate Oracle IT strategy Corporate Management: – – Read. Soft Eliminate inefficiencies in the invoice process Need better process visibility Need better payment cycle time Need more time for root cause analysis Lowest possible cost outlay Visibility and control of liabilities Accounting accuracy Audit-ability and SOX compliance

Mailroom Vendor The Typical Oracle Accounts Payable Environment Status Calls Check Requests Processed & Mailroom Vendor The Typical Oracle Accounts Payable Environment Status Calls Check Requests Processed & Sorted AP Clerk Sufficient Data? Hand keyed into Oracle Yes Code Approve Buyer GR Post to Oracle No Hold Read. Soft 2 or 3 way match? Non-PO Invoices Emails Phone Calls Folders Days/Weeks go by Stamped, Coded & Approved On Paper Hold • Many Inefficiencies • No Visibility • Low Control • Long Cycle Time • $$$$

Best Practice Concepts n Centralize invoice receipt – n Establish imaging early in the Best Practice Concepts n Centralize invoice receipt – n Establish imaging early in the AP process – – – n – Use Oracle data validation to ensure accuracy Leverage analytical data to manage and improve processes – – Read. Soft Match and auto-post invoices where possible Auto-route invoice exceptions and those requiring approval w/workflow Leverage workflow and extend to all users – n Complete & early visibility Eliminate redundancies Enable up-front duplicate checking Enable data capture and eliminate hand keying (both header and line items) Leverage images for automated data entry, sorting and workflow Intercept invoices and post before Accounts Payable – n Centralize control Spot trends and process bottlenecks Root cause of specific problems (buyers, vendors, resort offices)

Code Approve Buyer GR AP Back. Clerk ground OCR Scan Vendor Optimizing AP with Code Approve Buyer GR AP Back. Clerk ground OCR Scan Vendor Optimizing AP with Read. Soft Business Solutions for Oracle Read. Soft Check Requests Archive Yes Auto route? Non-PO PO Based No Match? Yes No Review Exception Handling Coding Approvals Post to Oracle

Typical Results of Process Optimization n Reduction of manual data entry is generally 50 Typical Results of Process Optimization n Reduction of manual data entry is generally 50 – 75% n Cycle time can be reduced from weeks to 2 – 4 days n More visibility and control of processes, outstanding liabilities and cash flow n Significant time savings due to less time spent: – – n Read. Soft handling vendor calls resolving issues verifying non-PO information chasing down approvals, etc. Average Return on Investment of 6 – 12 months

Thank You! Questions? ? Margaux. Lenoir@Read. Soft. com Read. Soft Thank You! Questions? ? Margaux. Lenoir@Read. Soft. com Read. Soft