Procure to Pay Workflows Webinar
(CFO, AP, Purchasing Staff)
Wednesday, March 21, 2012 ▪ 2:00 pm to 3:00 pm EST
21st Century P2P should eliminate data entry and focus staff resources on buying better and managing exceptions. The results of Sarbanes Oxley reporting show the average US public corporation has 2.6 ERP systems and over 70 different systems providing some aspect of financial processing.
Learn how one workflow system integrates these different systems together to create one unified process. This process validates, updates, and interfaces to all required systems with direct interfaces to Oracle Financials, BAAN, PeopleSoft, SAP, Microsoft Dynamics and many more.
The workflow and document management system provides web interfaces for all purchase requisitions, approval routing, purchase order generation, receiving, electronic invoice, paper invoice OCR, 3 Way Matching, exception handling, dynamic terms discounting and payment processing for PO invoices, non-PO invoices and complex payables: utility bills, telecom, cell phone, rent/lease, transportation.
The Results:
- Improve profitability by lowering expenses and increasing productivity with automated capture and workflow
- Eliminate 80% of your data entry via OCR, eInvoice and EDI.
- Improve customer service via instant access to invoices, receipts, purchase orders, contracts and resolutions
- Automatically enforce procurement and payment approval rules and other processes to reduce risk and improve compliance.
- Collect continuous real time data on performance and exceptions for continuous process improvement and coaching for employees and vendors.
Procure to Pay Workflows Webinar
(CFO, AP, Purchasing Staff)
Wednesday, March 21, 2012 ▪ 2:00 pm to 3:00 pm EST
21st Century P2P should eliminate data entry and focus staff resources on buying better and managing exceptions. The results of Sarbanes Oxley reporting show the average US public corporation has 2.6 ERP systems and over 70 different systems providing some aspect of financial processing.
Learn how one workflow system integrates these different systems together to create one unified process. This process validates, updates, and interfaces to all required systems with direct interfaces to Oracle Financials, BAAN, PeopleSoft, SAP, Microsoft Dynamics and many more.
The workflow and document management system provides web interfaces for all purchase requisitions, approval routing, purchase order generation, receiving, electronic invoice, paper invoice OCR, 3 Way Matching, exception handling, dynamic terms discounting and payment processing for PO invoices, non-PO invoices and complex payables: utility bills, telecom, cell phone, rent/lease, transportation.
The Results:
- Improve profitability by lowering expenses and increasing productivity with automated capture and workflow
- Eliminate 80% of your data entry via OCR, eInvoice and EDI.
- Improve customer service via instant access to invoices, receipts, purchase orders, contracts and resolutions
- Automatically enforce procurement and payment approval rules and other processes to reduce risk and improve compliance.
- Collect continuous real time data on performance and exceptions for continuous process improvement and coaching for employees and vendors.