Posts

AP Automation Justification Calculator for JD Edwards

Tim Nissen | AP Automation Justification Calculator for JD Edwards.

Determining if AP automation is a project worth pursuing is primarily based on projected cost savings achievement. This is both a post-installation, near-term consideration, and one spanning subsequent fiscal year projections. While there are many industry average figures in circulation, they don’t provide you accuracy based on your specific business environment.

What’s needed is an AP Automation Justification Calculator for JD Edwards.

IntelliChief has created one, and it’s comprehensive. This tool’s objective is factoring all cost savings related to moving from manual to automated processing in your environment. It encompasses all aspects of AP processing, allowing you to add your related costs from years’ 1-5 of implementation, providing a true ROI projection. With this data, you’re able to see where AP Automation’s efficiencies affect your organization, providing guidance for process automation optimization when mapping your automated workflow, in-tandem with ECM system integration with your JD Edwards ERP for vendor and order information verifications and validations.

The AP Automation Justification Calculator for JD Edwards sections encompass:

AP Statistics & Measurements – Covering aspects of invoice receipt modes, quantities, data capture methods, resource/storage/labor cost (internal and outsourced), late payment fees paid and early pay discounts available.

Hard Dollar Costs – Quantifying budget allocated to manual processing.

Time Spent Per Person – Assessing appropriated time and cost of employee and contract staff in processing tasks, including invoice printing, ERP/business system keying, approval routing, exception handling, calculating data conversions, filing, resolving duplicate payments, researching internal and vendor inquires, audit preparation, tracking and reporting on all activities.

These extend from Accounts Payable into Purchasing and Receiving, encompassing labor cost of all workflow routes of transactional documentation.

Once these figures are collected and entered, the Calculator progresses to both Hard Dollar Savings/Gains and Efficiency Savings for each year 1-5, per line item allocation, comparing your current costs to automation’s. This is the awakening – do the numbers equate value of AP Automation for you?

Then calculations shift to ROI for AP Automation, measuring years’ 1-5’s returns if you implement an automated environment.

With these calculations completed, the AP Automation project decision becomes a clear choice, and equitable for prioritization. The data accumulated will be foundational for your business case.

 

  • For a video overview, see AP Automation Justification Calculator for JD Edwards here.

 

Doing JDE AP Automation the Integrated Way

Tim Nissen | Doing JDE AP Automation the Integrated Way.

Here’s how doing JDE AP Automation the integrated way works, processing of 2-way matching (Invoice to PO) and 3-way matching (Invoice to PO to Receiver) with JD Edwards EnterpriseOne and World.

Utilizing Oracle Gold Partner and Quest Oracle Community Sponsor IntelliChief ECM’s system, processing occurs in both initial document capture and in workflow, providing real time integrated JD Edwards database validations with automation’s speed and accuracy.

In-tandem with IntelliChief, information from JD Edwards is utilized to perform matching. IntelliChief keeps track of the PO quantity open and the Receiving quantity available by saving needed information when an Invoice line item is matched to a PO/Receiver. This can be set to identify by PO Number, Item Number/ID, Unit Price, Line Total, PO Quantity Ordered, Receiving Quantity, or two Miscellaneous fields of the user’s choice.

IntelliChief includes multiple Match Methods, where receiving quantity qualifies exact match, based on first in, first used, or a combination of both. It includes options for a Variance percent, amount and type for the Invoice to PO fields (Unit Price, Line Total, Quantity).

Matching features of Unit of Measure and Price normalization capability simplifies processing of standardized orders (Ordering Quantity vs. Invoiced Quantity). Part Number cross-referencing increases accuracy when obsolete numbers are referenced in the Invoice. Both increase touchless processing.

With IntelliChief, this touchless, straight-through processing significantly reduces information keying into JD Edwards, saving time and cost, enabling visibility to receive early payment discounts, while avoiding late payment fees.

This presentation illustrates doing JDE AP Automation the integrated way: //bit.ly/2XK0RI8.

IntelliChief ECM Advancing AP Automation, Sales Order Automation at Oracle Quest COLLABORATE 19

IntelliChief, an Oracle Gold Partner provider of automated document management and workflow enterprise content management (ECM) solutions, announces IntelliChief ECM advancing AP Automation, Sales Order Automation at Oracle Quest COLLABORATE 19 (#Collaborate19, #C19TX). The event held April 7-11, 2019 in San Antonio, TX, will comprise an international congregation of JD Edwards, PeopleSoft and E-Business Suite users, discovering the latest system advances and middleware offerings in a peer-driven environment.

IntelliChief ECM will present Oracle Advancing AP and Order Automation Abilities Wednesday April 10th, 2:00 pm – 3:00 pm in Grand Hyatt Bonham E. The presentation will cover AP Automation processing and invoice filing cost reduction, optimizing workflow and increasing visibility throughout the cycle, and reducing late payment fees while increasing early payment discounts. For Automating Sales Order Processing, how to lower cost through faster, accurate order processing, increasing visibility of reviews and approvals, decreasing Days Sales Outstanding, while improving Customer Service customer and staff experiences.

Demonstrations and discussions will be held daily in the Exhibit Section, IntelliChief Booth 237.

These unable to attend may contact IntelliChief for information.

IntelliChief ECM provides a smooth, robotic process automation (RPA) transition from costly manual document management and workflow functions. Its industry-awarded AI-powered document capture enables users imaging capability of any paper or electronic format, indexing contents and validating with data in their ERP and line of business applications. It optimizes interdepartmental process workflow, with real-time analytic visibility through desktop and mobile access.

IntelliChief’s enterprise usage spans Accounts Payable, Order Processing, Finance, Purchasing, Sales, Customer Service, Human Resources-HCM, IT, Legal and Logistics/Distribution.

JD Edwards AP Automation Project Justification Calculator

Tim Nissen | JD Edwards AP Automation Project Justification Calculator.

How do you know if AP automation makes fiscal sense for you? Thankfully, now you can calculate the financial impact presently and in your projected future, to determine if the savings add-up to a compelling ROI in-tandem with your JD Edwards system.

This web presentation features real world examples of calculations (you’ll see how companies have even transformed AP into a revenue generator). Its main focus is specifically on how to determine your company’s fiscal impact. It provides in-depth considerations and justification for AP automation integrated with JD Edwards.  This presentation uses tools created from many years of working with IntelliChief ECM users to indicate ROI for AP automation projects.

What information to gather and calculate, to determine hard-dollar and efficiency savings of automating Accounts Payable? Hint: there’s more to it than at first glance… Good news: you’ll know for sure if AP automation is right for you.

If you’re considering automating your Accounts Payable processes, it helps to justify the project knowing the complete, enterprise-wide fiscal impact to your organization. This makes for a strong business case.

Register today for the presentation of JD Edwards AP Automation Project Justification Calculator.

Date: Wednesday, March 20, 2019

Time: 2:00 pm – 3:00 pm EST

Register Today:  //attendee.gotowebinar.com/register/8274917211215373570

 

Unable to attend? Contact us for a post-event recording.

 

Related Accounts Payable Automation: How Software & Technology Can Streamline Your AP Workflows

JD Edwards Advancing AP and Order Automation Abilities at SCUG

Tim Nissen | JD Edwards Advancing AP and Order Automation Abilities at SCUG.

Come see IntelliChief ECM at the JD Edwards Southern California User Group (SCUG) meeting March 27th at Knott’s Berry Farm Hotel in Buena Park, CA (stay for the rollercoaster rides)!

Meet the team from the Oracle Gold Partner provider of enterprise content management for EnterpriseOne and World systems. Discuss ECM-JD Edwards system integration automating AP and Order processing, including documentation capture and management, validating and updating of JDE-based data, and facilitating workflow matching your specific company processes.

IntelliChief will present JD Edwards Advancing AP and Order Automation Abilities at SCUG, covering AP Automation processing and invoice filing cost reduction, optimizing workflow and increasing visibility throughout the cycle. Ultimately, reducing the risk of late payment fees while increasing the amount of early payment discounts.

For Automating Sales Order Processing, highlighting the how-to’s of lowering cost through faster, accurate order processing, increasing visibility of reviews and approvals, decreasing Days Sales Outstanding while improving Customer Service customer and staff experiences.

IntelliChief provides a smooth, robotic process automation (RPA) transition from costly manual document management and workflow functions. Its industry-awarded AI-powered document capture enables users imaging capability of any paper or electronic format, indexing contents and validating with data in their ERP and line of business applications. It optimizes interdepartmental process workflow, with real-time analytic visibility through desktop and mobile access.

Unable to attend? Contact IntelliChief for a recording of the presentation.

 

Related: Events

Oracle Advancing AP and Order Automation Abilities at Southeastern RUG

IntelliChief, an Oracle Gold Partner provider of automated document management and workflow enterprise content management (ECM) solutions, announces IntelliChief ECM will present Oracle Advancing AP and Order Automation Abilities at the Oracle Southeastern Regional Users Group meeting March 14th at MATRIX Resources in Atlanta.

The presentation for JD Edwards and PeopleSoft users will cover AP Automation processing and invoice filing cost reduction, optimizing workflow and increasing visibility throughout the cycle, and reducing late payment fees while increasing early payment discounts. For Automating Sales Order Processing, how to lower cost through faster, accurate order processing, increasing visibility of reviews and approvals, decreasing Days Sales Outstanding, while improving Customer Service customer and staff experiences.

Onsite discussions will be central to system integration to facilitate automating AP and Order processing, including documentation capture and management, validating and updating of Oracle-based data, and facilitating workflow matching specific company processes.

These unable to attend may contact IntelliChief for information.

IntelliChief ECM provides a smooth, robotic process automation (RPA) transition from costly manual document management and workflow functions. Its industry-awarded AI-powered document capture enables users imaging capability of any paper or electronic format, indexing contents and validating with data in their ERP and line of business applications. It optimizes interdepartmental process workflow, with real-time analytic visibility through desktop and mobile access.

IntelliChief’s enterprise usage spans Accounts Payable, Order Processing, Finance, Purchasing, Sales, Customer Service, Human Resources-HCM, IT, Legal and Logistics/Distribution.

See IntelliChief at JD Edwards HUG March 26th

Tim Nissen | See IntelliChief at JD Edwards HUG March 26th

Head to Houston’s Hess Club and see IntelliChief at JD Edwards HUG March 26th and meet the folks from the Oracle Gold Partner provider of enterprise content management (ECM) for EnterpriseOne and World systems.

Advancing AP and Order Automation Abilities for JD Edwards will be presented, covering automating documentation capture and management, validating and updating of your JDE-based data, and facilitating workflow in-line with the way your company works.

This enterprise presentation covers –

AP Automation:
•             Reducing costs associated with processing and filing vendor invoices
•             Increasing automation to streamline processes in workflow
•             Dashboards and reports increasing invoice processing visibility
•             Reducing the risk of late payment fees while increasing the amount of early payment discounts.

Automating Sales Order Processing:
•             Faster, more accurate order processing, lowering costs throughout each step
•             Increasing process control and visibility of order routing for reviews and approvals
•             Decreasing Days Sales Outstanding
•             Improving Customer Service experiences (for both customers and staff managing each account).

IntelliChief welcomes the opportunity to discuss JD Edwards system integration spanning AP and Order Automation, as well as other expansion of ECM into areas including Sales, Customer Service, Purchasing, HR-HCM and other paper and process-intensive environments.

Unable to attend? Contact IntelliChief for a recording of the presentation.

 

Related: Events

Adding Robotics to Your JD Edwards-Powered Customer Service Team

Tim Nissen | Adding Robotics to Your JD Edwards-Powered Customer Service Team.

Order fulfilment and customer relations both benefit by having readily visible account information. Access to order documentation, including open orders details and historical records, is a necessity to reduce DSO’s and maintain strong customer relationships.

Enterprise Content Management (ECM) adds the capabilities of Robotic Process Automation (RPA) and Artificial Intelligence (AI) to order fulfillment. It encompasses the capture, organization and key information validation with JD Edwards, automating company process-specific workflows for updates and approvals, and archival for ongoing access.

IntelliChief ECM enables these capabilities, with seamless integration with JD Edwards EnterpriseOne and World, using RPA and AI to automate the routine and costly tasks of manual order processing. It manifests repeatable rules-based actions that will affectively move your teams away from processes that often rely on at-risk internal tribal knowledge.

If you are currently processing inbound customer orders in your JD Edwards application, this 30-minute video presentation will demonstrate how to gain the maximum amount of efficiency needed to drive down costs, improve order fulfilment and ensure customer SLAs are met.

Companies using IntelliChief report a 50% reduction in order fulfilment time. See how – view Adding Robotics to Your JD Edwards-Powered Customer Service Team (link to title)  //bit.ly/2QLPaNV

 

Related: Oracle JD Edwards Content Management Software can Help You Make the Most of Your EnterpriseOne or World ERP

Live at RMOUG Training Days: Orders Automation for JD Edwards, PeopleSoft

IntelliChief, an Oracle Gold Partner provider of automated document management and workflow enterprise content management (ECM) solutions, announces IntelliChief ECM will present Live at RMOUG Training Days: Order Automation for JD Edwards, PeopleSoft, during the event February 19-21, 2019 at The Westin Westminster Hotel in Denver.

JD Edwards and PeopleSoft-integrating ECM enables automating documentation capture and management, validating and updating Oracle databases, and facilitating workflow befitting a company’s specific processes and culture. As a true enterprise system, IntelliChief is deployable throughout an organization’s local and global footprint.

Live at RMOUG Training Days: Order Automation for JD Edwards, PeopleSoft will cover:

  • Automating the Order Entry processes, decreasing processing time and cost
  • Increasing order fulfillment accuracy by automating order documentation collection, organization and access
  • Mapping workflow to a company’s specific processes
  • Full-viewing desktop and mobile visibility of processing status, interdepartmental input and exception handling
  • Facilitating quicker approvals through automated collaboration
  • Providing Order Status analytics reporting of Open Orders and Days Sales Outstanding
  • Promoting improved relationships between Sales, Customer Service and clients.

Additionally, Orders Automation discussions will be held daily in IntelliChief’s on-site expo center.

These unable to attend may contact IntelliChief for information.

IntelliChief ECM provides a smooth, robotic process automation (RPA) transition from costly manual document management and workflow functions. Its industry-awarded AI-powered document capture enables users imaging capability of any paper or electronic format, indexing contents and validating with data in their ERP and line of business applications. It lifecycle-manages all related documentation and facilitates optimized interdepartmental process workflow, with real-time analytic visibility. The system provides desktop and mobile access, and integrates with all enterprise resource planning and business systems.

IntelliChief’s departmental usage spans Accounts Payable, Order Processing, Finance, Purchasing, Sales Management, Customer Service, Human Resources-HCM, IT, Legal and Logistics/Distribution.

AP Automation Robotics for JD Edwards – Humans and Machines Together

Tim Nissen | AP Automation Robotics for JD Edwards – Humans and Machines Together.

There are business applications where people and mechanical systems work well together. Accounts Payable is one of them. Automating processing has numerous advantages, though AP professionals are the ones who dictate success, from mapping and optimizing process procedures to best suit their organization, to ensuring automation’s success by monitoring and interacting with systems to maximize accuracy.

Enterprise Content Management systems (ECM) create the environment of AP automation robotics for JD Edwards – humans and machines together. It encompasses Robotic Process Automation (RPA) and Artificial Intelligence (AI) – tools industry analysts are seeing reduce invoice processing cost and cycle time by over 75%.

IntelliChief ECM automates the capture of AP documentation, identifying key data needed for verification with JD Edwards, facilitates document matching and enables company-specific workflows for reviews and approvals. The results: reduced cost, decreased processing time, and increased early payment discount opportunity identification, with visibility for bill payment scheduling optimization.

If you’re a JD Edwards user looking to advance your Accounts Payable team by driving automation to increase visibility and control, this 30-minute video presentation demonstrates the way forward. It highlights how IntelliChief integrates seamlessly with JD Edwards EnterpriseOne and World, and how it uses RPA and AI to automate routine tasks inherent in manual invoice processing.

What positive fiscal impact will this have on you?  Find out by viewing AP Automation Robotics for JD Edwards – Humans and Machines Together

 

Related: Oracle JD Edwards Content Management Software Can Help You Make the Most of Your EnterpriseOne or World ERP