Accounts Payable Automation
If you need to improve the efficiency of your Accounts Payable processing the Dataweave has had success with implementing Oracle's WebCenter Capture and Imaging solution.
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Oracle WebCenter Capture and Imaging is a complete, integrated, and cost-effective imaging platform for the end-to-end management of document images within enterprise business processes. The main solution components are: Oracle WebCenter Capture for image capture, Oracle WebCenter Forms Recognition for intelligent data capture, The solution provides annotation and mark-up of images, automates routing and approvals, and a scalable repository supporting enterprise-wide applications. With Oracle WebCenter Imaging, organizations can quickly automate manual business processes that involve converting physical documents into digital inputs to ERP systems, such as Oracle E-Business Suite, JD Ewards, Peoplesoft and non-Oracle products.
The real differentiator for the Oracle solution is the powerful workflow engine based on Oracle BPEL Process Manager. Workflow automation enables large cost savings. It is worth considering that for many organisations, more than 50% of invoices received are not “clean” – more information is required before the invoice can be fully processed. This typically involves tracking down a valid matching PO, or resolving discrepancies in dollar values or other information. The BPEL workflow engine can automatically handle many of these common issues, while also providing statistics to help benchmark performance and uncover further efficiency improvements. |
Based on our recent client experience implementing Oracle WebCenter Capture and Imaging, the technology is very sophisticated, and brings significant savings and efficiency improvements to the table. In most cases you can expect increased AP employee productivity, allowing you to redeploy headcount. Exception handling and governance is also greatly improved, with automatic detection of unusual or duplicated transactions. In some cases, we have seen organisations negotiate pricing discounts with suppliers, as they have been able to achieve consistently faster payment of invoices.
Dataweave offers expert consulting services in this area. We align business objectives and strategic vision to realise tangible benefits. Our Gold Partnership status ensures superior product and implementation expertise and with our proven methodologies we can support your project with experience, excellence, and full accountability.
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