Optimize your Invoice Process Automation with Integrated Imaging Technology and Advanced Workflow Capability
Financial processes are often distributed in nature, requiring many approvals, and generating volumes of documents that are difficult to effectively manage. As organizations seek to reduce costs and improve efficiency, paper-intensive processes, such as procure-to-pay and expense management, are ideal places to begin.
Oracle WebCenter Content offers productized integrations with Oracle Financials to optimize process automation by coupling document capture and imaging technology with advanced workflow capabilities.
- Decrease costs and cycle times, while increasing process visibility and compliance readiness.
- Reduce reliance on paper requisition purchase orders, receivers, vendor invoice forms, faxes, and documents.
- Take advantage of dynamic discounting, eliminating late-payment fees, and improving throughput.
Key Benefits of This Solution
Cost Savings
Decrease storage, transportation, and labor costs are achieved with integrated document capture and imaging.
Efficiency
Streamline procure-to-pay operations and maximize early payment discounts by dramatically decreasing the time it takes for data entry, exception handling, and approvals.
Transparency
Improve process visibility with real-time monitoring of key performance metrics and insight into process bottlenecks.
AST can help you realize the benefits of automating the procure-to-pay process quickly, without having to rely on multiple vendors and costly, extensive customizations. We can help ensure your Oracle Financials and Oracle WebCenter solutions work together for the greatest benefit.
Shyam Kumar Vice-President, AST LLC