CUSTOMER/INDUSTRY: Consumer Credit Reporting Agency

PRODUCTS: Oracle Imaging and Process Management Oracle E2.0, Oracle e-Business Suite (OEBS)

DTI Customer since 2007

Departments using Solution: Accounts Payable

DTI Contacts: Ryan White or Karen Pierannunzi 336.346.1580 

Project Objective

This organization was looking for ways to reduce keystrokes and double entry of invoices, reduce overhead in AP, automate the approval process with workflow, reduce paper, storage, and processing time.

Client Business Challenges 

• Reduce the time it takes to approve and process invoices, reduce the number of keystrokes required to process invoices thus reducing headcount and cost in AP.
• Reduce the amount of paper in AP while automating the invoice approval process and maximize early payment discounts. 
• Improve employee productivity by automating 2-way match, 3-way match

Solution

DTI partnered with Oracle early on in the design phase to develop several custom components based on unique user requirements. Solutions deployed included:

• Document imaging 
• Scanning
• Document management 
• Integration with Lines of Business Systems

Invoices are scanned and routed through workflow for approvals and GL code. Once Complete, invoices are automatically updated within Oracle e-Business Suite (OEBS).

Results

Rapid adoption of the implemented technology has allowed for fast, reliable access to documents and business information, higher control over secure information, ability to route information in a more efficient manner, control the lifecycle of that information to ensure proper and timely disposal, integrate information with people and systems for a productive work environment, provide operational efficiencies allowing them to do more with less, provide tools to address Sarbanes-Oxley compliance initiatives, created space savings eliminating need for filing cabinets, warehouse storage, and have a disaster recovery solution in place where electronic files can now be restored in the event of a disaster.