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Avaali Solutions - Sap invoice management by open text

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Information about Avaali Solutions - Sap invoice management by open text
Technology

Published on March 12, 2014

Author: Avaali

Source: slideshare.net

Description

Avaali is a professional services company headquartered in Bangalore. The vision behind the company is to support in the creation of a connected enterprise where information and networks are highly leveraged to drive profitable revenue growth.
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Copyright © 2013 Avaali. All Rights Reserved. 1 SAP OpenText ECM Solutions: Vendor Invoice Management (VIM)

Copyright © 2013 Avaali. All Rights Reserved. 2 Logistics & Distribution Sales Account Mgmt Customer Billing & Service Brand Asset Mgmt Production and Operation Excellence Procurement Excellence Customer Excellence Order to PaySupplier & Contract Mgmt Strategic Sourcing Manage Employee Info Talent Sourcing & Acquisition Human Resources Excellence Financial Excellence Accounts Payable Collections Customer Invoicing Data Archiving Legacy Decom Paper Archive Elimination Information Technology Excellence Records Mgmt Reward & Retain Expense Management Production & Quality Mgmt Enterprise Asset Management Project Mgmt Sales Order Mgmt Copyright © OpenText Corporation. All rights reserved. Business Value Solutions Tailored to meet specific SAP business process requirements

Copyright © 2013 Avaali. All Rights Reserved. 3 Employee File Management Automate HR File administration and enable self service scenarios Invoice Management and OCR Minimize data capture effort and human intervention. Streamline accounts payable processes Digital Asset Management Optimized management of rich media assets Integrate media into marketing communi-cations Extended ECM Complete ECM with productized SAP Integration Business Workspaces Enterprise Records Mgmt Archiving (Enterprise Library) Secure, compliant, cost-efficient storage of information Document Access 360 degree information access Travel Receipts Management Automate receipt handling and streamline expense management process Portal Content/ Site Mgmt Document Mgmt Collaboration and Site Mgmt embedded into SAP NetWeaver Portal Document Presentment Automated document generation personalization and multichannel distribution (e.g. billing statements) Resold ‘horizontal’ OpenText ECM Resold ‘Point Solutions’ from OpenText Copyright © OpenText Corporation. All rights reserved. SAP’s ECM Portfolio: An Expanding Partnership with OpenText

Copyright © 2013 Avaali. All Rights Reserved. 4 Typical manual FI-AP processing

Copyright © 2013 Avaali. All Rights Reserved. 5 Manual Invoice Processing An inefficient and serious risk to your business Manually managing invoices processes drains resources Inefficient, labor-intensive processes Inability to optimize cash-flow and vendor relationships Inability to improve overall business transparency Lack of process control introduces compliance risk Time-consuming historical research Belabored vendor communications Documentation and other requests for additional information Manual routing Labor-intensive monitoring and updates Scalability only through headcount Copyright © OpenText Corporation. All rights reserved.

Copyright © 2013 Avaali. All Rights Reserved. 6 SAP Invoice Management Automated paper-to-post invoice management * or another SAP ArchiveLink-certified repository CommentTrigger workflows Post invoices Invoice Recognition Collaboration & Monitoring Invoice Completion Invoice Verification OCR Option for SAP Invoice Management ERP (FI/AP) Payment SAP Invoice Management Verify and Complete Exception Handling Approve Automated reconciliation and posting Transform OCR Validation Inbox (incoming mail / fax) SAP Archiving by OpenText* Scanning Archiving Prepare Pay Copyright © OpenText Corporation. All rights reserved.

Copyright © 2013 Avaali. All Rights Reserved. 7 Organizational Gains from SAP Invoice Management Simplify and optimize entire invoice management process Enable more accurate financial reporting through complete visibility Segregate duties through workflow control Monitor across all steps of the invoice process Provide complete audit trail Create workforce efficiencies through an automated, streamlined process including mobile approvals Improve working capital management through better visibility to cash requirements Cut costs through automated data extraction, process automation and control including shared services Reduce costly manual errors Optimize cash discount utilization including dynamic discounting Improve business processes and reduce compliance risks Copyright © OpenText Corporation. All rights reserved.

Copyright © 2013 Avaali. All Rights Reserved. 8 Value Drivers for VIM ↓ processing cost per invoice by 30-50% Additional savings and efficiencies gained through: • ↓ invoices processed per AP processor by 60-80% • ↓ vendor status calls per AP processor by 60-80% • ↓ duplicate invoices by 50-80% • ↓ percentage of invoices with problem from 35% to less than 10% • ↑ % of possible discounts taken from 75-80% to upwards of 95% • Cumulative 5 year invoice processing cost savings ~ INR 5 Cr. • NPV = INR 1.55 Cr. • ROI is achieved in year 3 • assuming 60,000 vendor invoices/year with a YoY growth of 20%

Copyright © 2013 Avaali. All Rights Reserved. 9 Contacts parag.pithia@avaali.com | +91 9819333774 dheeraj.subramanian@avaali.com |+91 9731280808

Copyright © 2013 Avaali. All Rights Reserved. 10 Thank You abc@avaali.com | +91 99999 99999 Thank You

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