Finance Robotics, a Customer Perspective by RIOCAN

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Presentation transcript:

Finance Robotics, a Customer Perspective by RIOCAN Yaso Sivananthan August 2nd 2018

Your presenters

Content Forza Consulting RIOCAN Introduction AI Powered Solutions for EnterpriseOne SCANMAN in JD Edwards E1 RIOCAN AP Requirements Value drivers for Finance Robotics Value drivers for Vendor Portal

RIOCAN

+250 20 55 2 1 5 Forza Consulting Customers Countries Consultants Office locations 1 Concept 5 INFOCUS Sessions

Finance Robotics Process Automation

True AI Powered Solutions

Transitioning from data entry to data validation OCR Intelligent data extraction for invoices Digital docs / paper-based / scanned images / e-invoices AI Predictive Algorithms Natural language recognition Transitioning from data entry to data validation

SCANMAN Native to JD Edwards E1 Technology & Functionality Real Time Invoice Processing Invoice data + Picture directly available in E1 Direct access to masterdata Cross references Voucher Match Automation Approval Workflow

Approval Workflow Monetary approval limits Auto & Manual workflows Cost invoices PO Based Invoices Prior to and after matching

Mobile Connectivity

RIOCAN customer perspective

AP Automation Value Drivers Enhance AP Efficiency OCR Technology (Auto)Approval Workflow Invoice (auto) Matching

RIOCAN Results Centralized AP vs. Decentralized processing Automated processing vs. Manual processing AP Staff of 9 vs. AP Staff of 20

Vendor Portal

Vendor Portal Value Drivers Automate Contract & PO -2- Payment process Automated invoice validation Status change notifications GOAL: Gaining efficiency in a paper based and non automated workflow process

Enhancing Vendor Relations Provinding vendors the flexibility to view PO’s and issued invoices from the Portal and collaborate with Project Manageers.

Please complete a session evaluation Session ID: #JDE-102670 Contact Info: info@forzaconsulting.eu