Accelerate your order to cash processes

Transcription

1 Where finance goes faster Accelerate your order to cash processes An introduction to the Order2Cash platform Dimitry Borgstijn November 2015 Copyright Anachron 2015

2 Why work with Anachron?

3 Fast facts about Anachron 15 years experience 6 offices ISAE 3402 Type II Globally certified Delivery to 100+ countries 45% YOY growth Top 50 Coolest tech Companies NL Metisfiles Fortune 500 customers Gartner Pure-play provider

4 e-invoicing compliancy Order2Cash ensures the full VAT compliancy of all invoices sent from the platform Different countries have different regulations that must be adhered to For example, Turkey has specific government portals for VAT compliancy in a transaction flow There is no standard format and so many options need to be catered for In the EU many countries use a version of UBL Anachron is a member of the EESPA, a group committed to the use and promotion of standards across the industry

5 Empowering the world s leading brands

6 Key market drivers for order to cash automation Pressure to reduce DSO 59% Pressure to reduce overall cost 45% Customer pressure to extend payment term 19% Companies spend 5 to 9 % of their total revenue to finance their working capital Researcher: Raimond Honig, Sept 2015 Risk of customer non-payment or default Customer demand to improve service level 19% 19% Source: Aberdeen Group

7 Addressing customer communication and behaviour We need more time to process your invoice. Please give us 60 day payment terms. Private reason, my mother is in the hospital Sorry, we haven t seen your invoice. Can you resend it? The PO number is missing on the Invoice. The amount is not correct. We have just paid the invoice. We have an issue with this specific Invoice. My customers haven t paid my invoices yet Sorry, we had some delays. We will pay by the end of this week. We haven t received a reminder yet. We always wait for the first reminder. Comments taken from a workshop with 50 Credit & Control Managers held at the Credit Management Cyclus, Beersel, 8 October 2015

8 What you need today

9 A single platform from which to manage your entire global order to cash cycle

10 The Order2Cash platform

11 The Order2Cash platform e-invoicing Online payments Credit scoring and management Secure online document signing Document workflow solutions and archiving

12 Print & Post Mobile /app Portal Roaming Deliver invoices to any AR/B2G network We have connected to over 700 different ERP systems Supplier ERP Customer ERP Order Cash Provide international payment options to customers

13 e-invoicing

14 e-invoicing The most sophisticated e-invoicing solution available Seamless connectivity to any ERP system or business application Instantaneous delivery of invoices, no matter the amount or location Multiple language and currency support Multi-format delivery and presentment options Deliver invoices to AP and B2G invoice networks Full compliancy with all local VAT requirements Outsource print & post activities via our global partner network

15 Connecting to your ERP system Set at customer level

16 Client dashboard

17 Invoice sender settings Upload new logo Save changes

18 Invoice quarantine To assess (2) Select all Deselect all PDF XML Excel Send by

19 Documents overview Select all Deselect all PDF XML Excel Send by

20 Documents overview Send

21 Dispute management

22 Dispute management

23 Receivers overview

24 Credit reports (with Credit2Control)

25 Delivery channel at customer level

26 Delivery channel at customer level BBG Digipoort ERB efact FACe ING Mercurius Nemhandel NETS SimplerInvoicing Tradeshift Tungsten (OB10) ZET Solutions Zoomit

27 Online payments

28 Online payments International payments are only a click away Automate online payments in any language, currency and channel of preference Add payment solutions to invoices, reminders and other financial documents Manage high risk customers and complex markets with business rules for payment options Track and manage all transactions through a single solution Utilize multi-channel payment services that support online, , and mobile phone payments

29 Customer notification

30 Online payments (with Accept2Pay)

31 Receiver: Online view without login

32 PDF invoice view e-signature and audit trail embedded in the PDF

33 Receiver dashboard One overview for all senders

34 Receiver Documents overview Select all Deselect all PDF XML Excel Send by

35 Invoice view

36 Dispute management

37 Account settings Receivers can select their preferred delivery channels and invoice formats

38 Multiple delivery channels available

39 Benefits Sender Direct savings of 50% across cost of paper, printing, mailing and staffing Track and trace documents Connect to any B2B/B2G invoice network Average 20% DSO reduction Decreased turn-around time for issue management Boost service level to customers Increased customer satisfaction Receiver Optimize incoming invoice stream 100% direct, transparent communication with invoice senders Track and trace documents Import and work with invoices within their own financial system Overall cost reduction Accelerated working processes 24/7 accessibility of complete invoice archive

40 Credit Management

41 Credit management Control risk and grow your business Global multi-device solution supporting an unlimited number of administrators Multiple language and currency support Suitable for high volumes of invoices and debtors Tailor workflow and business rules to individual customers Real-time internal and external credit scoring for deeper customer/prospect analysis Ensure compliance with accounts receivable (AR) policies and procedures Automate collection rules and handle all disputes and collections within a single platform

42 Client dashboard

43 Credit management

44 Credit management Comprehensive issue management

45 Credit management Create specific profiles and timelines for different target groups or individual customers

46 Credit management Create specific profiles and timelines for different target groups or individual customers

47 Issue management 5% Issue 95% Minimize the time it takes to resolve open issues. Involve and inform all relevant staff or departments. Credit manager remains in control at all times. 1. Price 2. Quality 3. Numbers 4. Why? How? What? Solution Issues Workflows Solution 100% 0% Issue

48 Credit management Extensive reporting capabilities (KPI s)

49 Credit management Extensive reporting capabilities KPI s

50 Credit management Benefits of using Credit2Control Optimize cash flow and treasury Up to 50% reduction in DSO Up to 50% reduction in cost of running credit management Greater, tighter control over the entire CCM process Minimize total number of write-offs Stronger client relationships Transparent communication across internal/external lines

51 Summary Benefits of using Order2Cash

52 One platform. All processes. e-invoicing Online payments Credit scoring and management Secure online document signing Document workflow solutions and archiving

53 Why work with Order2Cash? All O2C processes. One platform. 24/7 availability. Multi-device support. Global interoperability. Easy to conduct business with. Continued innovation and development Scalability

54 Thank you! Dimitry Borgstijn