Case study: How PG&E reduced annual total spend and streamlined AP with a cloud- based solu=on for SAP

Size: px
Start display at page:

Download "Case study: How PG&E reduced annual total spend and streamlined AP with a cloud- based solu=on for SAP"

Transcription

1 Case study: How PG&E reduced annual total spend and streamlined AP with a cloud- based solu=on for SAP Ma$ Wright, VP of Client Services, Taulia Inc. Ben Shaffer, Manager Accounts Payable, Pacific Gas & Electric Company

2 Official Abstract In this session, you will learn how PG&E, a Fortune 500 company running SAP ERP, utilized dynamic discount terms and on-demand payment acceleration by implementing Taulia s cloud-based dynamic discounting solution and supplier portal. The presenter will explain how cloud technology and a certified SAP Add-On helped PG&E fully leverage their existing procure-to-pay (P2P) process, accomplish rapid deployment, and generate an annual recurring multi-million dollar savings opportunity through dynamic discounting.

3 Official Take-Aways o Know the top three most effective ways to ensure supplier adoption o Understand the best way for accelerating and multiplying the savings achieved through AP automation o Know the best practices for achieving rapid deployment with minimal impact on IT resources

4 What We ll Cover Introduction to Dynamic Discounting How does it work? The Business Case for Dynamic Discounting Best Practices: Why e-invoicing and supplier self-services are so important Pacific Gas & Electric Case Study s History & Previous process s Volumes and Discount Performance s Selection process, solution and experiences Key take-away points Q&A

5 Many Large Corporates Are Hoarding Cash Corporate cash balances have reached $2.12 trillion 1 s An increase of 36% or $510 billion over 2009 s Ratio liquid assets to short-term liabilities highest since 1956 Short-term investments often returning just 1% or less! Billions Cash Positions of U.S. Non- financial corporations $2,200 $2,000 $1,800 $1,600 $1,400 $1,200 $1,000 $1, $2,120 1 Flow of Funds Accounts of the United States, Federal Reserve, June 9,

6 While Their Suppliers Struggle to Stay Afloat 2010 factoring market: ~$2.3 trillion 1 Expensive financing s Factoring: ~12-25% interest s Credit Card: ~18% APR s P-Card/Credit Card: 2.5% fee s Bank debt: Difficult to obtain 1 Source: Factors Chain International 6

7 Numbers to Think About Average time to pay invoices In the 1960s: days Average time to pay invoices Today: days 7

8 Buyer lack incentive to pay earlier..!"##$%&'()'*+,-$%&'.$#-/ 0 ' &'()*+,-$./01($ 2/-$./01($ 88% of invoices sit idle until due date!"#$ Invoice Approval Idle Period Payment (due date) days %%#$ Terms (days): " 120 Anheuser-Busch " 60 Hertz " 56 Industry Average 2 1 Source: PayStream Advisors 2 Source: REL/Hackett Group for companies > $5B

9 Today Banks Benefit Instead of Buyers Large Buyer Invoice approved on day 10 Invoice Net 60 Supplier Invoices buyer Buyer earns less than 1% interest until due date Bank Suppliers factor at 15% APR

10 How Can Dynamic Discounting Improve This Process? Enables large companies ( Buyers ) to save money and improve return on cash by paying suppliers early Enables smaller companies ( Suppliers ) to access less expensive financing alternatives by accepting time-variable Dynamic Discounts

11 (1) Improving Traditional Discounts Sliding scale discount 3.0% 2.5% 2.0% 1.5% The Principle: 2% 10 Net 30 ASAP Hit-or-miss discount $ # INVOICE APPROVALS 1.0% 0.5% $ $ 0% Days

12 (2) Bringing Discounts To NET Invoices 1 Initial Set-up n Set interest rate n Activate suppliers 2 3 Approved invoices are offered n Selects payment date automatically for Early Payment n Accepts discount 4 Payment schedule updated in SAP according to agreed terms Supplier

13 Addressing The Entire Spend At The Core Dynamic Discounts and visibility provided for ALL of invoices, and payments regardless of business process. PDF Paper, Fax SAP-centric solution ERS E-Invoice EDI, XML Portal

14 Benefits: Example of $5B Invoice Spend Accelerated Spend: $0.8B Invoiced spend $5B Offer rate (APR) 15% Non-discount spend: 80% $4B Accelerated spend: 20% $0.8B Adoption Average acceleration 30 days Incremental discount: $10M Short Term Investment: $66.7M

15 Improving The Bottom Line $66.7M in cash: Invested at 0.3% (T-Bonds): $200,000 Accelerates $0.8B in payables by 30 days generating 15% interest: $10.0 Million 50x

16 Supplier Value Is Key For Adoption Suppliers love 24/7 visibility into their A/R and POs Free E-Invoicing options incl. flipping a PO Online invoice status and payment details Dynamic Discounting Multiple up- and download formats (ideally across-buyer standards) Comprehensive support Suppliers hate Paying for these services Lessons learned: Minimize barriers of entry for suppliers

17 Leverage Dynamic Discounting Shorter Approval Cycle E-Invoicing Free compliant e-invoicing Multi-format Multi submission method Flip a PO, upload a file, EDI/ API.. Onboarding guarantee for the first 500 suppliers in 6 weeks Higher Discounts Dynamic Discounting Compelling business case for the buyer Pays for free e-invoicing Can be provided as a gain share -> no cost, only upside No manual data entry High quality The solution for anyone who wants to introduce e-invoicing at zero cost 17

18 What We ll Cover Introduction to Dynamic Discounting How does it work? The Business Case for Dynamic Discounting Best Practices: Why e-invoicing and supplier self-services are so important Pacific Gas & Electric Case Study s History & Previous process s Volumes and Discount Performance s Selection process, solution and experiences Key take-away points Q&A

19 About Pacific Gas & Electric Company Incorporated in 1905 Headquartered in San Francisco, CA Provide natural gas and electric service to approximately 14 million customers Service area covers 70,000 square miles in northern and central California from Eureka in the north to Bakersfield in the south Approximately 21,400 employees 2010 revenues of $13.8 Billion

20 History Of AP Automation At PG&E Mid 1980 s Internal Interfaces for Tree Trimming, Telephone Billing, Damage Claims, and Workers Comp Mid 1990 s P-Card and additional interfaces 1996 SAP with integrated Imaging in 1996 o Almost all goods and services converted to PO s o Freight invoice payments outsourced to auditors 2004 Web form buyer side entry for non-po invoices Taulia solution o Eliminating supplier fees o Dynamic discounting for ALL invoices o A single cloud-based supplier portal o OCR o SAP Version ECC s today 1990 EDI for PO invoices and direct interface for Freight invoices Early 1990 s Integrated suppliers with on-line catalogs, EDI, and 2-way match 2002 Internet based E-invoices 2003 o Integrated credit card and faxed receipt imaging for T&E o Dynamic discounts for PO invoices Several new internal and external electronic interfaces

21 Previous Process Invoices post to SAP from various sources s Paper PO invoices s Traditional EDI (ANSI X12 810) for PO invoices s E-file and flipping PO via e-invoicing network s Paper non-po buyer-side entry via e-invoice portal Paper invoices and check requests are imaged and linked to SAP FI document Image created and linked for electronic invoices Home-grown web portal to provide invoice status for all invoices

22 Invoice Volumes PO Invoices 60,000 paper (20%) 80,000 traditional EDI (25%) 172,000 E-invoice network (55%) Non-PO Invoices 6,500 paper (20%) 25,500 Buyer-side E-invoice network (80%) Electronic Interfaces 406,000 (excludes ESP s and CEER)

23 Goals q No fees for suppliers keep it free! q Validate data at point of entry make supplier resolve discrepancies q Dynamic Discounts for all PO invoices - and prior to discount date! q Single multifunctional supplier portal to reduce inquires, provide self service and promote electronic invoice submission q Improve electronic process for error handling and notifications (internal and to supplier) q Eliminate inbound and outbound interfaces and related time delays q OCR for remaining PO paper invoices q Fast Implementation with minimal internal IT resources

24 Discount And Timeliness

25 The Principle: 2% 10 Net 30 ASAP 3.0% 2.5% 2.0% Sliding scale discount Hit-or-miss discount $ # INVOICE APPROVALS 1.5% 1.0% 0.5% $ $ 0% Days

26 Solutions þ Taulia Invoicement Suite with cloud-based supplier portal, SAPcertified add-on, best-in class dynamic discounting solution for SAP þ Readsoft Invoice Cockpit as centralized ledger þ 3 month implementation start to finish 580 suppliers converted in 5 weeks 250 wait-list suppliers converted within 2 months Further roll-out into supplier base next þ 80% electronic today! OCR for remaining paper PO invoices

27 Lessons Learned 1. Partner with Purchasing Contractually require electronic invoices Need Purchasing ownership and support to be successful 2. Involve internal IT resources early Network Server Firewall Architecture Hardware 3. Educate internal clients of vendors on how to operate in a paperless invoice environment 4. Give all suppliers access to portal to take advantage of discounts

28 7 Key Points to Take Home 1. Typically, less than 15%* of your company s invoice spend offers discounts currently 2. Dynamic Discounts can be enabled for 100% of the suppliers and 100% of their invoices 3. Dynamic Discounting generates savings of $1-3 million per $1 billion in spend 4. Dynamic Discounting can be your way to 100% free e-invoicing 5. A SAP-centric approach is key 6. Combining a cloud-based solution with a SAP-certified Add-On ensures rapid deployment and rapid time-to-value 7. Avoid supplier fees to maximize supplier adoption * Source: PayStream Advisors

29 Q&A Ben Shaffer Manager Accounts Payable, PG&E Ma$ Wright VP of Client Services, Taulia Inc.

Lessons Learned From Advanced Discount Management in Accounts Payable

Lessons Learned From Advanced Discount Management in Accounts Payable Lessons Learned From Advanced Discount Management in Accounts Payable Ma$ Wright, VP of Client Services, Taulia Inc. Greg Bloom, Senior Director Solu@ons Consul@ng, Taulia Inc. Abstract Hear first-hand,

More information

e-invoicing Going to the Next Level Markus Ament Chief

e-invoicing Going to the Next Level Markus Ament Chief e-invoicing Going to the Next Level Markus Ament Chief Product Officer @maex242 @taulia Agenda e-invoicing - What Works and What Doesn t Supplier Value Propositions Dynamic Discounting & Turning Issue

More information

How the world s largest Airline Enhanced Efficiency and Revenue by Implementing an AP Automation Strategy

How the world s largest Airline Enhanced Efficiency and Revenue by Implementing an AP Automation Strategy How the world s largest Airline Enhanced Efficiency and Revenue by Implementing an AP Automation Strategy By ipayables P a g e 1 5 The world s largest airline was seeking a more efficient way to manage

More information

Ariba Network Enabling Business Commerce in a Digital Economy

Ariba Network Enabling Business Commerce in a Digital Economy SAP Brief SAP Ariba s Ariba Network Ariba Network Enabling Business Commerce in a Digital Economy SAP Brief Automate commerce to connect In a digital economy, moving from paper to electronic processing

More information

Strategic Healthcare Automation

Strategic Healthcare Automation Strategic Healthcare Automation Implementing Tailored Solutions for Successful Healthcare P2P Featuring insights on... Healthcare-Focused AP and P2P Software Strategic Implementation of Healthcare-Focused

More information

Buy Right-Pay Right AP s Vital Role in P2P Transformation and Working Capital

Buy Right-Pay Right AP s Vital Role in P2P Transformation and Working Capital Buy Right-Pay Right AP s Vital Role in P2P Transformation and Working Capital Christine Betz Process & Efficiency Improvement Lead, AP American Electric Power Tanya Grannemann Senior Director Ariba Strategic

More information

Dominion Energy Invoicing and Payment portal powered by Taulia

Dominion Energy Invoicing and Payment portal powered by Taulia Dominion Energy Invoicing and Payment portal powered by Taulia What is it? Electronic Invoicing (E-Invoicing) is electronic invoicing submitted through an electronic network or web portal. Dominion Energy

More information

AP Automation: Struggles, Strategies and Solutions

AP Automation: Struggles, Strategies and Solutions AP Automation: Struggles, Strategies and Solutions Gateway OAUG Presented by: Howard McKinney, AP Express Product Manager May 12, 2017 2017 Nivo1 LLC. All rights reserved. AFFORDABLE, WORKFLOW-DRIVEN AP

More information

Order-to-Pay Webinar Series

Order-to-Pay Webinar Series April 22, 2010 Order-to-Pay Webinar Series Tools and Strategies for Optimizing Working Capital S T R I C T L Y P R I V A T E A N D C O N F I D E N T I A L Joseph Murphy, J.P. Morgan JPMorgan Chase & Co.

More information

2016 AP & Working Capital Report

2016 AP & Working Capital Report 2016 AP & Working Capital Report Unlocking Savings in Accounts Payable with Working Capital Optimization Featuring insights on...»» Current Trends in Working Capital Strategies for Accounts Payable»» The

More information

The Benefits of Electronic Procurement at PPL Corporation

The Benefits of Electronic Procurement at PPL Corporation The Benefits of Electronic Procurement at PPL Corporation A Case Study Prepared by And April 7, 2006 Executive Summary "PPL will conduct business with approved suppliers using Enporion to facilitate sourceto-settlement

More information

Procurement with. Frequently Asked Questions V03/2017 1/10

Procurement with. Frequently Asked Questions V03/2017 1/10 Procurement with Frequently Asked Questions V03/2017 1/10 Content 1. What is SAP Ariba?... 3 2. What is Ariba Network?... 3 3. Why did Swarovski choose SAP Ariba?... 3 4. What is eprocurement?... 4 5.

More information

Why Businesses Love Payables Lockbox

Why Businesses Love Payables Lockbox Why Businesses Love Payables Lockbox (And Yours Should, Too!) A whitepaper examining how businesses can streamline accounts payable processing, reduce payment processing time, and lower accounts payable

More information

Accounts Payable. Paper-Free AP Automated Processing of Vendor Invoices.

Accounts Payable. Paper-Free AP Automated Processing of Vendor Invoices. Accounts Payable Paper-Free AP Automated Processing of Vendor Invoices www.esker.com Esker Table of contents Introduction... 3 Executive Summary... 4 Challenges in Accounts Payable... 5 What is the problem?...

More information

6 Attributes of a Best-in-Class Accounts Payable Operation Resulting from Portal-based E-Invoicing

6 Attributes of a Best-in-Class Accounts Payable Operation Resulting from Portal-based E-Invoicing 6 Attributes of a Best-in-Class Accounts Payable Operation An AP & P2P white paper Sponsored by Process improvement is on the accounts payable department s agenda. Improving processes and automating manual

More information

Paper-Free AP with SAP Solutions

Paper-Free AP with SAP Solutions Paper-Free AP with SAP Solutions Automated Processing of Vendor Invoices www.esker.com Table of Contents Introduction...3 Executive Summary...4 Challenges in Accounts Payable...5 What is the problem?...5

More information

You can easily view comparative data and drill through for transaction details.

You can easily view comparative data and drill through for transaction details. analyzing financial and operational information (such as number of sales reps, occupancy rates or cycle time), giving you a very powerful business management tool that leverages your financial data. You

More information

Benchmarking B2B e-invoicing & Payment Adoption

Benchmarking B2B e-invoicing & Payment Adoption Benchmarking B2B e-invoicing & Payment Adoption Balancing Buyer & Supplier Needs Agenda e-invoicing and Payment Adoption Background e-invoicing Motivations Representative e-invoicing Players Buyers Receiving

More information

Turning Accounts Payable and Procurement into a Competitive Advantage What you need to know about the latest advances in technology

Turning Accounts Payable and Procurement into a Competitive Advantage What you need to know about the latest advances in technology Turning Accounts Payable and Procurement into a Competitive Advantage What you need to know about the latest advances in technology CPE Credit Are you planning to apply for CPE credit for attending today

More information

Dominion Energy Invoicing and Payment Portal E-Invoicing

Dominion Energy Invoicing and Payment Portal E-Invoicing Dominion Energy Invoicing and Payment Portal Dominion Energy What is it? is electronic invoicing submitted through an electronic network or web portal. Dominion currently uses the Taulia web portal for

More information

2016 AP & Working Capital Report

2016 AP & Working Capital Report 2016 AP & Working Capital Report Unlocking Savings in Accounts Payable with Working Capital Optimization Featuring insights on...» Current Trends in Working Capital Strategies for Accounts Payable» The

More information

The New World of the Networked Business. Diana Brown Senior Director, Network Strategy

The New World of the Networked Business. Diana Brown Senior Director, Network Strategy The New World of the Networked Business Diana Brown Senior Director, Network Strategy The Challenge: Too many ineffective approaches for B2B collaboration across the End to End Process Buyers Your Company

More information

Cash Flow Optimization: Faster Payments in a Fast-Paced World

Cash Flow Optimization: Faster Payments in a Fast-Paced World Cash Flow Optimization: Faster Payments in a Fast-Paced World Patrick Swisher, Field Marketing Coordinator April 11, 2017 CASH FLOW IS KING You can be profitable and still be bankrupt. You must closely

More information

Dominion Energy Invoicing and Payment Portal Invoice Inquiry

Dominion Energy Invoicing and Payment Portal Invoice Inquiry Dominion Energy Invoicing and Payment Portal Dominion Energy What is the Taulia portal? The Taulia web portal provides functionality to view the status of all of your invoices in process with Dominion

More information

Kraft Heinz Accounts Payable Update Electronic Invoicing

Kraft Heinz Accounts Payable Update Electronic Invoicing Kraft Heinz Accounts Payable Update Electronic Invoicing Overview As you may be aware from previous communications, Kraft Heinz is implementing several changes in our Procurement and Accounts Payable areas.

More information

Electronic Invoice Management

Electronic Invoice Management Electronic Invoice Management A Move to the Middle Q1 2014 Featuring Insights on... Underwritten in part by Barriers to einvoice Adoption Building a Case for AP Automation Usage of AP Automation Factors

More information

ACCOUNTS PAYABLE AUTOMATION

ACCOUNTS PAYABLE AUTOMATION 1 Introduction Accounting teams across the globe are consistently under-served by antiquated technology, most of which is decades old. They are asked to do more with less. With these pressures and the

More information

Transform Procurement with Integrated Processes

Transform Procurement with Integrated Processes Transform Procurement with Integrated Processes Dr. Marcell Vollmer, CPO, SAP SE #SAPPHIRENOW Public Agenda 1 2 3 SAP at a Glance Future Trends and Innovations in Procurement SAP s Evolution of Procurement

More information

The Faculty CPO Forum Singapore Bangalore Manila Melbourne Mumbai Sydney Tokyo. Erich Winsloe / Head of Regional Procurement APJ, SAP May 14-15, 2014

The Faculty CPO Forum Singapore Bangalore Manila Melbourne Mumbai Sydney Tokyo. Erich Winsloe / Head of Regional Procurement APJ, SAP May 14-15, 2014 The Faculty CPO Forum Singapore Bangalore Manila Melbourne Mumbai Sydney Tokyo Erich Winsloe / Head of Regional Procurement APJ, SAP May 14-15, 2014 Agenda SAP s Procure-to-Pay Organization Innovations

More information

Dear Valued Supplier, Re: Shaw Industries Group, Inc. is phasing out paper invoices!

Dear Valued Supplier, Re: Shaw Industries Group, Inc. is phasing out paper invoices! Dear Valued Supplier, Re: Shaw Industries Group, Inc. is phasing out paper invoices! Shaw Industries is very pleased to announce a progressive change in our accounts payable process that will ensure our

More information

Best of Breed Automation September 2014

Best of Breed Automation September 2014 www.pwc.com Best of Breed Automation September 2014 Tom Torlone Managing Director, US Leader Shared Services and Outsourcing Advisory Tom is a Managing Director at and is the U.S. Leader of the firm s

More information

2016 P2P for Indirect Spend Report

2016 P2P for Indirect Spend Report 2016 P2P for Indirect Spend Report Streamlining and Controlling Company Spend with Purchase-to-Pay (P2P) Automation Featuring insights on... Current Market Trends in Organizations Indirect Spend Processes

More information

2015 Invoice Workflow Automation Report

2015 Invoice Workflow Automation Report 2015 Invoice Workflow Automation Report Exploring the Efficiency and Value of Invoice Workflow Automation (IWA) Technology Featuring insights on...» Current Market Trends in IWA Software Usage» Benefits

More information

AP Metrics. The power of metrics for positive change. Debra Johnson Zappos Merchandising, Inc. Accounts Payable Supervisor

AP Metrics. The power of metrics for positive change. Debra Johnson Zappos Merchandising, Inc. Accounts Payable Supervisor AP Metrics The power of metrics for positive change Debra Johnson Zappos Merchandising, Inc. Accounts Payable Supervisor About Zappos Zappos.com is a service company that happens to sell shoes, clothing,

More information

EXCESS CAPACITY EXCHANGE

EXCESS CAPACITY EXCHANGE EXCESS CAPACITY EXCHANGE Automated Sales Platform for selling off all your products in 24 hours. 100% GUARANTEED! Every day, there is $34 trillion of excess production capacity, idle space, unsold products

More information

Measuring the Impact of AP Automation A 5 Step Guide

Measuring the Impact of AP Automation A 5 Step Guide Measuring the Impact of AP Automation A 5 Step Guide Bottomline Technologies Technology is constantly evolving, with change accelerating seemingly overnight. When the professional networking site LinkedIn

More information

BEST PRACTICES IN AP AUTOMATION

BEST PRACTICES IN AP AUTOMATION MINUTE READ TIME WHITE PAPER ACCOUNTS PAYABLE BEST PRACTICES IN AP AUTOMATION Consolidating Workflow Outside the SAP System www.esker.com BEST PRACTICES IN AP AUTOMATION Consolidating Workflow Outside

More information

Financing Your Automation and Automating Your Finances. A presentation for:

Financing Your Automation and Automating Your Finances. A presentation for: Financing Your Automation and Automating Your Finances A presentation for: 1 1 Welcome CAMPS Information Session Introduction and Agenda Erin Whipple V.P. Enterprise Commercial Payments AP Automation Solutions

More information

Pitching ROI for Accounts Payable

Pitching ROI for Accounts Payable Pitching ROI for Accounts Payable A Guide to Demonstrating the Value and ROI of AP Automation to Key Decision Makers Featuring insights on... Current Market Trends in AP Management The Benefits of AP Automation

More information

Maximizing Supplier Adoption Methods for Achieving Perfection in AP When Suppliers are Sluggish

Maximizing Supplier Adoption Methods for Achieving Perfection in AP When Suppliers are Sluggish Maximizing Supplier Adoption Methods for Achieving Perfection in AP When Suppliers are Sluggish Jimmy LeFever Director, Research and Consulting PayStream Advisors Today s Presenter Jimmy LeFever Director,

More information

Mondelēz Accounts Payable Update Electronic Invoicing. Overview. Next Steps

Mondelēz Accounts Payable Update Electronic Invoicing. Overview. Next Steps Mondelēz Accounts Payable Update Electronic Invoicing Overview As you may be aware from previous communications, Mondelēz International is implementing several changes in our Procurement and Accounts Payable

More information

Outsourced out of a job, or into a better one?

Outsourced out of a job, or into a better one? Outsourced out of a job, or into a better one? Or How I worked myself into retirement through automation and business process outsourcing By Pam Russavage 1 What We ll Cover My Life Before P2P P2P Evolution

More information

The New World of Accounts Payable: When Invoices Process Themselves. Michael Cerda, SAP Ariba May 2018

The New World of Accounts Payable: When Invoices Process Themselves. Michael Cerda, SAP Ariba May 2018 The New World of Accounts Payable: When Invoices Process Themselves Michael Cerda, SAP Ariba May 2018 Agenda What We ll Cover What s Driving The New World of Accounts Payable Reimagined Accounts Payable

More information

Integra. Financial Management

Integra. Financial Management Integra Financial Management 1 YOUR FINANCE SYSTEM The backbone of your organisation All organisations need an effective finance system that supports their business activities and lets them grow so they

More information

Key Strategies for Best-in-Class Accounts Payable. IFO Spring Meeting Milwaukee, WI 29 April 2014

Key Strategies for Best-in-Class Accounts Payable. IFO Spring Meeting Milwaukee, WI 29 April 2014 Key Strategies for Best-in-Class Accounts Payable IFO Spring Meeting Milwaukee, WI 29 April 2014 Welcome & Introductions Matt Hein, Strategic Account Executive Ed Modjeska, Director of Strategic Accounts

More information

Working Capital Management:

Working Capital Management: WHITE PAPER Working Capital Management: The Missing Link in Payables and P2P Extend P2P automation to improve management of working capital and business performance While automation is widely adopted across

More information

Hackett Advisory Webcast How AR Can Show Invoicing Love to AP Bryan DeGraw, Senior Director February 12, 2015 Agenda Who is The Hackett Group? What does AP and AR have in Common? AR Best Practices that

More information

Taulia efile Program. Supplier User Guide. Company sensitive. For official use only.

Taulia efile Program. Supplier User Guide. Company sensitive. For official use only. Taulia efile Program Supplier User Guide Company sensitive. For official use only. Last Updated: July 20, 2015 Contents Legal Notice ii Introduction 1 Configuring efile 1 Requirements and Enrollment 1

More information

The presentation will begin shortly. Audio will be streamed directly via your computer speakers. Enjoy the webcast!

The presentation will begin shortly. Audio will be streamed directly via your computer speakers. Enjoy the webcast! The presentation will begin shortly. Audio will be streamed directly via your computer speakers. Enjoy the webcast! Seattle, WA March 12-16, 2018 Register: https://fusion.concur.com/ Solution Series Unlock

More information

Document Management Solution for Sage Accpac ERP

Document Management Solution for Sage Accpac ERP VisionetixWhitepaper Document Management Solution for Sage Accpac ERP A White Paper prepared by Visionetix Software Inc Visionetix marketing:whitepapers:visionetixwhitepaper.doc 1 VisionetixWhitepaper

More information

AP Automation: The Paperless Solution for Payables

AP Automation: The Paperless Solution for Payables AP Automation: The Paperless Solution for Payables Speaker Introduction Ben Skvarca Product Manager PNC Invoice Automation Solutions 5 Years at PNC Bank Who is PNC? One of the leading financial institutions

More information

Electronic accounts payable: increasing compliance, control and security

Electronic accounts payable: increasing compliance, control and security Electronic accounts payable: increasing compliance, control and security As the federal government approaches the digital transformation, Mastercard stands ready to discuss with agencies and organizations

More information

2016 P2P for Indirect Spend Report

2016 P2P for Indirect Spend Report 2016 P2P for Indirect Spend Report Streamlining and Controlling Company Spend with Purchase-to-Pay (P2P) Automation Featuring insights on... Current Market Trends in Organizations Indirect Spend Processes

More information

Leverage T echnology: Move Your Business Forward

Leverage T echnology: Move Your Business Forward Give me a lever long enough and a fulcrum on which to place it, and I shall move the world - Archimedes Copyright. Fulcrum Information Technology, Inc. Mitigate Risk of Losses, Waste and Fraud in your

More information

Accelerate your. Accelerate NAV & 365 BUSINESS CENTRAL ON-PREMISES ENGLISH, EURO. finance processes DECEMBER 2018 NAV

Accelerate your. Accelerate NAV & 365 BUSINESS CENTRAL ON-PREMISES ENGLISH, EURO. finance processes DECEMBER 2018 NAV Accelerate your Accelerate finance processes SOLUTIONS FOR SOLUTIONS MICROSOFT AND DYNAMICS PRICES, APRIL 2018 NAV & 365 BUSINESS CENTRAL ON-PREMISES ENGLISH, EURO ENGLISH, USD DECEMBER 2018 NAV INDEX

More information

Dominion Energy Invoicing and Payment Dynamic Discounting

Dominion Energy Invoicing and Payment Dynamic Discounting Dominion Energy Invoicing and Payment Dominion Energy What is it? A Dynamic Discount is a type of early payment discount, but it differs from a traditional discount in the following ways: Example: Traditional

More information

20th September Dear Supplier,

20th September Dear Supplier, 20th September 2010 Dear Supplier, As part of the General Motors (GM) policy to continuously improve efficiency and service to suppliers, we have already implemented a strategy to move away from paper

More information

The Ultimate Guide to Supplier Onboarding Success

The Ultimate Guide to Supplier Onboarding Success The Ultimate Guide to Supplier Onboarding Success The Ultimate Guide to Supplier Onboarding Success Many companies have hundreds or thousands of trading partners across their organization, and a great

More information

Operational and Strategic Benefits in Automating Accounts Payable

Operational and Strategic Benefits in Automating Accounts Payable Operational and Strategic Benefits in Automating Accounts Payable Published April 2013. Copyright 2013 by The Institute of Financial Operations All rights reserved. Reproduction or transmission of this

More information

Grow Commercial Client Revenue with FIS Integrated Payables

Grow Commercial Client Revenue with FIS Integrated Payables Grow Commercial Client Revenue with FIS Integrated Payables Matthew Dragiff, SVP Product Management & Client Services Sam Prudhomme, Product Manager, Regions Bank April 13, 2017 Agenda 01 02 03 04 Commercial

More information

Thanksgiving is on the way and so is paperless invoicing enroll before November 21 st to ensure you get paid

Thanksgiving is on the way and so is paperless invoicing enroll before November 21 st to ensure you get paid Thanksgiving is on the way and so is paperless invoicing enroll before November 21 st to ensure you get paid Dear Valued Supplier, Mohawk Industries has partnered with Tungsten Network to implement electronic

More information

Accelerate your. Accelerate NAV & 365 BUSINESS CENTRAL ON-PREMISES ENGLISH, EURO. finance processes DECEMBER 2018 NAV

Accelerate your. Accelerate NAV & 365 BUSINESS CENTRAL ON-PREMISES ENGLISH, EURO. finance processes DECEMBER 2018 NAV Accelerate your Accelerate finance processes SOLUTIONS FOR SOLUTIONS MICROSOFT AND DYNAMICS PRICES, APRIL 2018 NAV & 365 BUSINESS CENTRAL ON-PREMISES ENGLISH, EURO ENGLISH, GBP DECEMBER 2018 NAV INDEX

More information

GXS Active. Orders. Optimizing the Procure-to-Pay Process. Active Orders Process.

GXS Active. Orders. Optimizing the Procure-to-Pay Process. Active Orders Process. www.gxs.com SM GXS Active Orders Optimizing the Procure-to-Pay Process GXS Active Orders automates the procure-to pay-process between companies and their global supplier community. Active Orders makes

More information

NETWORKING EVENTS. The SIG Webinar will begin shortly. Once the webinar begins, the sound will come from your computer speakers.

NETWORKING EVENTS. The SIG Webinar will begin shortly. Once the webinar begins, the sound will come from your computer speakers. The SIG Webinar will begin shortly. Once the webinar begins, the sound will come from your computer speakers. In the meantime, please take a look at the upcoming SIG networking events listed on the right

More information

easy E-INVOICING: IT S TIME TO SWITCH Why moving to e-invoicing is easier, faster and better for your business than ever before.

easy E-INVOICING: IT S TIME TO SWITCH Why moving to e-invoicing is easier, faster and better for your business than ever before. easy E-INVOICING: IT S TIME TO SWITCH Why moving to e-invoicing is easier, faster and better for your business than ever before. Introduction For all the talk of the paperless workplace, one area has so

More information

2015 AP and Working Capital Report

2015 AP and Working Capital Report 2015 AP and Working Capital Report Capturing Game-Changing Savings with Working Capital Tools Featuring insights on...»» Current Market Trends in Working Capital Software Usage»» Dynamic Discounting Management»»

More information

Dear Valued Supplier,

Dear Valued Supplier, Dear Valued Supplier, Thank you for your commitment to providing Centrica with quality materials and services. As part of our ongoing efforts to enhance and streamline the way we do business with suppliers,

More information

The very Best Cool Solutions for Infor XA Users!

The very Best Cool Solutions for Infor XA Users! The very Best Cool Solutions for Infor XA Users! 1. Engineering Change Management System 2. Express Project Management 3. Excel to General Ledger Journal Entries (IFM and AM) 4. Electronic Requisition

More information

Accelerate your. Accelerate NAV JUNE 2018

Accelerate your. Accelerate NAV JUNE 2018 Accelerate your Accelerate finance processes NAV SOLUTIONS FOR MICROSOFT DYNAMICS NAV 2018 SOLUTIONS AND PRICES, APRIL ENGLISH, USDEURO ENGLISH, JUNE 2018 INDEX TIP - navigate by using links in the pdf

More information

Accelerate your. Accelerate NAV JUNE 2018

Accelerate your. Accelerate NAV JUNE 2018 Accelerate your Accelerate finance processes NAV SOLUTIONS FOR MICROSOFT DYNAMICS NAV 2018 SOLUTIONS AND PRICES, APRIL ENGLISH, GBPEURO ENGLISH, JUNE 2018 INDEX TIP - navigate by using links in the pdf

More information

4 Reasons Organizations Are Taking an End-to-End Approach to Accounts Payable Automation

4 Reasons Organizations Are Taking an End-to-End Approach to Accounts Payable Automation 4 Reasons Organizations Are Taking an End-to-End Approach to Accounts Payable Automation An IOFM whitepaper Sponsored by 4 Reasons Organizations Are Taking an End-to-End Approach to Accounts Payable Automation

More information

POS Portal Software Solutions

POS Portal Software Solutions Software Solutions POS Portal's on-demand software solutions give you the information and tools you need to provide superior services throughout the entire merchant life cycle. With our hosted applications

More information

Utilizing EBS to Streamline Chargebacks for Internally Provided Services

Utilizing EBS to Streamline Chargebacks for Internally Provided Services Utilizing EBS to Streamline Chargebacks for Internally Provided Services A Public Sector Case Study Prepared by: Kirsten Keller Corrice, Arlington Public Schools @KirstenPSUEBS Session ID: 10216 Agenda

More information

E-INVOICING Action Required: OB10 Registration

E-INVOICING Action Required: OB10 Registration E-INVOICING Action Required: OB10 Registration June 2013 Dear..Sir/Madam, Unilever has taken a strategic decision to encourage all suppliers to migrate towards electronic invoicing. Unilever Europe receives

More information

The Complete Buyer s Guide to Transportation Management Systems PG. 1

The Complete Buyer s Guide to Transportation Management Systems PG. 1 The Complete Buyer s Guide to Transportation Management Systems PG. 1 INTRODUCTION What if you could have full control and visibility into all the logistics-related data of your supply chain? Together,

More information

1 June Dear Sir / Madam,

1 June Dear Sir / Madam, 1 June 2012 Dear Sir / Madam, As a key Apple partner, we would like to take this opportunity to inform you of some recent enhancements to better support Apple s Accounts Payable (AP) processes. Apple has

More information

Case Study: Discover and Benefit from SAP Treasury Solutions on SAP HANA

Case Study: Discover and Benefit from SAP Treasury Solutions on SAP HANA Case Study: Discover and Benefit from SAP Treasury Solutions on SAP HANA John Arthur, Goldcorp & Jochen Stiebe, Serrala Goldcorp: Ready for the future 2 1 Introduction 2 Analysis and Objectives 3 4 5 6

More information

PHILIPS. To Philips Suppliers. From Fredrick Spalcke Simone Noordegraaf. Subject: Philips has moved to e-lnvoicing

PHILIPS. To Philips Suppliers. From Fredrick Spalcke Simone Noordegraaf. Subject: Philips has moved to e-lnvoicing PHILIPS Philips Procurement Philips Finance Operations To Philips Suppliers From Fredrick Spalcke Simone Noordegraaf July 2014 Subject: Philips has moved to e-lnvoicing Dear Valued Business Partner, As

More information

Comprehensive Solutions. For Your Payment Needs

Comprehensive Solutions. For Your Payment Needs Comprehensive Solutions For Your Payment Needs 5th largest U.S. commercial bank U.S. Bancorp only bank in the U.S. named to Bloomberg Markets list of World s Strongest Banks Bloomberg Markets, 2014 Most

More information

e-invoicing Basics MELIOS KONIOTIS NATIONAL REPRESENTATIVE OF CYS IN PC434

e-invoicing Basics MELIOS KONIOTIS NATIONAL REPRESENTATIVE OF CYS IN PC434 e-invoicing Basics MELIOS KONIOTIS NATIONAL REPRESENTATIVE OF CYS IN PC434 Formal definition by EU for e-invoicing Electronic invoicing (e-invoicing) refers to the process of issuing, transmission, and

More information

The value of Virtual Payables Paper to electronic conversion continues

The value of Virtual Payables Paper to electronic conversion continues The value of Virtual Payables Paper to electronic conversion continues #1 Bank of America Merrill Lynch ranked No. 1 provider of purchasing/virtual payables programs by volume Nilson Report ranking, June

More information

Ariba Network. Light Account Training CUSTOMER

Ariba Network. Light Account Training CUSTOMER Ariba Network Light Account Training CUSTOMER Training Topics Overview Next Steps Benefits Upgrade Help Q&A Session 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ CUSTOMER 2 2017 SAP SE

More information

Supplier FAQ s for submitting invoices to Caesars Entertainment via OB10

Supplier FAQ s for submitting invoices to Caesars Entertainment via OB10 Supplier FAQ s for submitting invoices to Caesars Entertainment via OB10 What is electronic invoicing? Electronic invoicing (e-invoicing) is a communication methodology that utilizes the Internet to allow

More information

May 7-9, 2017 Disney s Yacht & Beach Club Resorts, Florida. How to Know if You re Prepared for Full AP Automaton

May 7-9, 2017 Disney s Yacht & Beach Club Resorts, Florida. How to Know if You re Prepared for Full AP Automaton May 7-9, 2017 Disney s Yacht & Beach Club Resorts, Florida How to Know if You re Prepared for Full AP Automaton Who Are We? Jess Scheer Continuing Education Manager, IOFM Chris Carberry Senior Director

More information

go vertical. for Microsoft Dynamics AX About MBS Dev Professional Microsoft Dynamics AX Partner Wholesale Distribution Suite

go vertical. for Microsoft Dynamics AX About MBS Dev Professional Microsoft Dynamics AX Partner Wholesale Distribution Suite WDS Professional Microsoft Dynamics AX Partner Improve Quality Increase Competitive Edge Enhance Service Deliver Fast Reliable Solutions Wholesale Distribution Suite High Volume Distribution (HVD) Executive

More information

HOW INTEGRATED RECEIVABLES OVERCOMES THE FOUR BIGGEST CHALLENGES IN ORDER-TO-CASH

HOW INTEGRATED RECEIVABLES OVERCOMES THE FOUR BIGGEST CHALLENGES IN ORDER-TO-CASH HOW INTEGRATED RECEIVABLES OVERCOMES THE FOUR BIGGEST CHALLENGES IN ORDER-TO-CASH EXECUTIVE SUMMARY Businesses are demanding more of their treasury departments. Treasury must become a strategic advisor,

More information

SUPPLIER ENABLEMENT: THE PATH TO 100%

SUPPLIER ENABLEMENT: THE PATH TO 100% SUPPLIER ENABLEMENT: THE PATH TO 100% Christopher S. Sawchuk Meredith Volpe Amy Fong Richard Landerholm, Myron Gramelspacher Principal & Global Procurement Advisory Practice Leader Eprocurement systems

More information

Electronic Invoicing for Government

Electronic Invoicing for Government Electronic Invoicing for Government Converga Group Established in 1994 and now 100% owned by New Zealand Post New Zealand Post turnover NZ$1.2 billion Converga Group turnover NZ$100 million Converga Technology

More information

SAP at Allstate Insurance Info Days. November 2007

SAP at Allstate Insurance Info Days. November 2007 SAP at Allstate Insurance Info Days November 2007 Allstate at a Glance The nation's largest publicly held personal lines insurer of homes and autos Corporate headquarters is in Northbrook, IL You're In

More information

Building Strategic Accounts Receivable

Building Strategic Accounts Receivable Building Strategic Accounts Receivable Optimizing Accounts Receivable (AR) with Strategic AR Automation Software Featuring insights on...»» Current Market Trends in AR Management»» The Benefits of AR Automation

More information

Infor CloudSuite Business

Infor CloudSuite Business Business Achieve a next-generation business strategy in the cloud Whether you re providing services or moving inventory in your home-town, across the country or around the world with Infor CloudSuite Business,

More information

SAP Lease Accounting Solution

SAP Lease Accounting Solution LEASEACCELERATOR SAP Lease Accounting Solution LeaseAccelerator offers a complete lease accounting solution for companies with SAP-centric financial systems. Our application supports both the new standards

More information

Managing complex services in SAP and Ariba from a client perspective. Ariba Live 2018

Managing complex services in SAP and Ariba from a client perspective. Ariba Live 2018 Managing complex services in SAP and Ariba from a client perspective Ariba Live 2018 Agenda Overview and main message Plan to play design overview Supplier qualification Contract management Managing procurement

More information

Best practices to design and configure payment methods for accounts payable, accounts receivable, and cash management

Best practices to design and configure payment methods for accounts payable, accounts receivable, and cash management Excerpt from Best practices to design and configure payment methods for accounts payable, accounts receivable, and cash management Brian Shannon Dolphin Copyright 2014 Wellesley Information Services, Inc.

More information

Thank you for your commitment to providing Henkel with quality materials and services.

Thank you for your commitment to providing Henkel with quality materials and services. Henkel transitions to electronic invoicing with Tungsten Network Dear Valued Supplier, Thank you for your commitment to providing Henkel with quality materials and services. As part of our ongoing efforts

More information

Managing complex services in SAP and Ariba from a client perspective. Ariba Live 2016

Managing complex services in SAP and Ariba from a client perspective. Ariba Live 2016 Managing complex services in SAP and Ariba from a client perspective Ariba Live 2016 Agenda Overview and main message Plan to play design overview Supplier qualification Contract management Managing procurement

More information