webinar the year you finally unify your paper and electronic purchasing processes
TRANSCRIPT
2015: THE YEAR YOU UNITE PAPER AND ELECTRONIC INVOICE PROCESSING
Today’s Agenda Manual Data Entry to Procure to Pay
Maintaining Dual Processes
Cost Per Transaction
Corporate & University Examples
Applying Technology to Unify Process Streams
Streamlining A/P & Purchasing
Eliminate Paper
Reduce Manual Data Entry
eInvoicing
Cloud Procurement.
The Dual Process Conundrum Invoices are not an island
Supporting documents enter the workflow
Don’t want to compromise the new system
Organizations are paper process-centric
P2P involves internal & external parties
Cloud Services Procurement
I want to buy something VP Sign-off Legal Review Stamp & Sign
Legal
T&C approval by Legal
Stamp & sign by Legal
W9 to Accounting
Copy to Legal, VP, Accounting,
Self
Invoice sign off To VP for Approval
Accounting for Check or CC
I get what I wanted
UCLA eCommercehttps://www.purchasing.ucla.edu/purchasing
http://www.bruinbuy.ucla.edu/
https://www.purchasing.ucla.edu/purchasing/procurement-card
https://ucla.app.box.com/pur-pdf-pcard-user-guide
Improving Invoice Processing
Improving Invoice Processing
http://www.adp.com/p2p/pdf/White_Papers/Aberdeen_IRW_Report.pdf
The Early Process Onramp Capture documents at the point of origination Process in real time Speed up the document ingestion process from the field and deliver it to workflows in real time Provide real time OCR feedback from your device; including validation and correction of any errors
Invoice Classification & Data Extraction
Ephesoft in Action
What Next?http://ephesoft.com/2015-the-year-you-finally-unify-your-paper-and-electronic-purchasing-processes
http://ephesoft.com/try-a-demo
Thank you for your time!
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