Finance

• Problem

  Need to reduce the companies approval and response times to financial queries

  Solution

  Implement a Business Process Management (BPM) solution on top of a Document repository, to allow process control efficiency and escalation. Documents within the system will be able to be accessed immediately to facilitate faster and more cost effective response times to financial queries.

• Problem

  Lost invoices and time spent processing invoices

  Solution

  Consultancy; Undertake an invoice processing audit to see how invoices are currently handled and then offer consultancy for automating the entire process.

  Technology; Implement an Invoice processing solution as part of a broader ECM adoption to save cost, time and lost invoices.

• Problem

  Inefficient P2P processes in the Accounts team.

  Solution

  Consultancy; Business analysis through consultation with key Finance personnel to understand current processes; Analysis of capabilities of current finance system and assessment of other technologies currently involved in the process; Assessment of existing supplier base to determine capabilities around invoice submission; Requirements gathering and development of a project plan to implement a P2P solution.

  Technology; Implement a P2P solution, to capture, format and automate the output of purchase orders with multi-channel delivery, electronic approval and scanning/capture of purchase ledger invoices and GRNs for 3-way matching.