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Finance Robotics, a Customer Perspective by RIOCAN

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Presentation on theme: "Finance Robotics, a Customer Perspective by RIOCAN"— Presentation transcript:

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

2 Your presenters

3 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

4 RIOCAN

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

6 Finance Robotics Process Automation

7 True AI Powered Solutions

8 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

9 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

10

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

12 Mobile Connectivity

13 RIOCAN customer perspective

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

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

16 Vendor Portal

17 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

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

19 Please complete a session evaluation
Session ID: #JDE Contact Info:

20


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