Situation at TIBCO Software Before Oracle WebCenter Implementation
TIBCO Software’s manual invoice processing was inefficient, labor intensive, and time-consuming. Accounts Payable (AP) resources were utilized to manually enter more than 50,000 invoices into Oracle E-Business Suite (EBS). It quickly became necessary for TIBCO to reduce invoice processing time and costs with AP automation. They also faced a strict timeline as the Flash component of Kofax MarkView, TIBCO’s legacy application, would be de-supported at year-end.
TIBCO looked at two options to meet their needs: Upgrade MarkView or move to Oracle WebCenter. TIBCO selected Oracle WebCenter to automate business processes and reduce manual data entry, specifically by:
- Automating manual exception processing to decrease overall processing time
- Enhancing the end user experience by streamlining approval processes
- Providing an easy-to-use AP Invoice Dashboard for tracking invoice status and to support invoice self-service
- Providing an option to approve invoices directly via email
- Eliminating dependency on 3rd-party software for future-proofing and additional flexibility
- Maintaining a strong security policy by eliminating use of Adobe Flash
AST did a fantastic job in implementing OWC (WebCenter), replacing the existing Kofax (MarkView) application that was on life support and was to become obsolete in December 2020 (due to Adobe Flash dependency). Considering OWC as a tightly integrated add-on for our existing Oracle application portfolio, we had very high expectations for the new system. AST was able to enable OCR processing along with very detailed workflow approval custom requirements, including an imaging data conversion exercise from the MarkView platform to OWC in a very seamless manner. Overall, It was a great team effort and AST pulled off this implementation successfully within 16 weeks.
Mohit Sood Sr. Manager Enterprise Applications, TIBCO Software Inc.AST did a fantastic job in implementing OWC (WebCenter), replacing the existing Kofax (MarkView) application that was on life support and was to become obsolete in December 2020 (due to Adobe Flash dependency). Considering OWC as a tightly integrated add-on for our existing Oracle application portfolio, we had very high expectations for the new system. AST was able to enable OCR processing along with very detailed workflow approval custom requirements, including an imaging data conversion exercise from the MarkView platform to OWC in a very seamless manner. Overall, It was a great team effort and AST pulled off this implementation successfully within 16 weeks.
Mohit Sood Sr. Manager Enterprise Applications, TIBCO Software Inc.Solution & Benefits of Oracle WebCenter in the Software Industry
AST’s efficient implementation of Oracle WebCenter for AP Automation has led TIBCO to achieve streamlined, cost-effective invoice processing. AST successfully transformed the client’s Accounts Payable processing with automation in just 16 weeks, leveraging a shared, enterprise-level infrastructure built on Oracle WebLogic.
AST implemented a global, multi-currency WebCenter AP Automation solution for 24 countries with Optical Character Recognition (OCR) capabilities and EBS approval workflows.
TIBCO’s digital transformation has resulted in the following key benefits:
- Efficient processing of over 200 invoices per day
- Elimination of manual invoice processing and approvals
- Migration of documents from Kofax Markview to WebCenter
- Full visibility into the entire AP invoice lifecycle for TIBCO Accounting and Audit with advanced dashboards
- Increased efficiency in processing times and exception resolutions
- Improved visibility and elimination of processing bottlenecks
- Achievement of additional early payment discounts
- Ability to easily view invoice images with seamless EBS integration
- Eliminated dependency on VPN to approve invoices
- Ability to monitor the complete invoice lifecycle using the AP Analytics dashboard
Solution Components:
- Oracle WebCenter Content
- Oracle WebCenter Imaging
- Oracle WebCenter Enterprise Capture
- Oracle WebCenter Forms Recognition
- Oracle Application Adapters
- Oracle SOA/BPM Suite
- Oracle WebLogic Server
Why AST?
AST’s expertise in AP Automation and Oracle WebCenter has enabled TIBCO to successfully eliminate manual entry and paper processing, while accommodating complex global business needs at a significant cost savings.