Dolphin Delivers Accounts Payable and Accounts Receivable Best Practices for In-Sourcing, Sustainability and Procure-to-Pay Integration at the IAPP Conference and Expo

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Dolphin business process management expert Brian Shannon conducts three education sessions at the IAPP annual conference, including a case study on one company’s successful in-house accounts payable process; achieving sustainability, efficiency and control in accounts receivable; and overcoming common challenges to accounts payable integration into the procure-to-pay process.

The Dolphin platform supports a highly flexible and agile approach to business process optimization, so every solution targets the specific objectives of our customers.

Dolphin business process management expert Brian Shannon will conduct three education sessions at the IAPP FUSION forum and expo, May 9-13 in Dallas. Held in collaboration with IAPP, TAWPI and IARP, FUSION 2010 is the premier event for accounts payable, accounts receivable and financial automation professionals.

Dolphin has deep experience helping corporations using SAP solutions to automate and optimize their accounts payable and accounts receivable processes. The company will share its best practices and case studies on overcoming common barriers to increasing efficiency, lowering costs and improving productivity.

“It’s easy to say you have the answers to every AP and AR problem, but the truth is that there are no ‘one-size fits all’ solutions,” says Dolphin’s Shannon. “At Dolphin, our platform supports a highly flexible and agile approach to business process optimization, so every solution targets the specific objectives of our customers.”

Shannon will conduct three sessions at the IAPP conference:

Swimming Like a Salmon in SAP Accounts Payable: How Moving Against the Flow Enabled Successful Creation of an In-House AP Solution
Monday May 10, 9:45 am -10:45 am

Do you need to send your accounts payable process offshore to realize cost savings? Shannon presents a case study on how a large automotive supplier thought they were moving effortlessly downstream by outsourcing the AP process to reduce costs. Instead, the breadth and complexity of transactions at many foreign plants led to a fractured process – thousands of lost invoices every month, error-prone data entry, slow approval and exception handling routing mechanisms, and no transparency to the process or transactions.

The presentation will show how the company then achieved AP Financial Excellence through an In-house Shared Services Accounts Payable optimization project, which contained costs, optimized cash flow and credit, and mitigated risk. Shannon will highlight the tools and best practices that led to the solution, and offer insight on how to build a winning business case – including ROI metrics, process improvement, and benchmarking – to champion change within the organization.

Three Opportunities for Achieving Sustainability, Efficiency and Control in your SAP Accounts Receivable Process
Tuesday May 11, 11:00 am - 12:00 noon

Green may be the color of cold, hard cash, but it is not reflective of many of the inefficient, paper-based processes prevalent in accounts receivable organizations today. Learn how to turn inventory more quickly into cash by taking days (and weeks) out of the process with three advanced accounts receivable techniques - all while being good to Mother Earth.

The presentation offers insight on how to calculate the cost and benefits of outbound invoice process automation, including accelerating the process and cutting paper with electronic invoice networks; implementing efficient workflows; and regulatory opportunities to cut costs and regain control.

Is Your “Pay” Process Really Integrated to Your “Procure” Process?
Tuesday, May 11, 3:30 pm - 4:30 pm

Explore new strategies for integrating accounts payable with procurement for a more complete, efficient and cost-effective purchase-to-pay process. The presentation offers practical tips and strategies to overcome common process optimization challenges, such as incomplete vendor and material master data; inconsistent purchase requisitions and orders; data entry and image capture; invoice data verification; and accurately matching invoice line items with purchase orders.

Shannon will use real-world examples to show how to identify the need for an optimal mix of purchase order/non-purchase order invoices and related implications for automation, control and simplification of coding, and approval functions.

About Dolphin
Dolphin makes crucial business operations like data management, data archiving, accounts payable, accounts receivable and order management run better and smarter for organizations using SAP solutions. Focused on improving business performance through Information Lifecycle Management and Business Process Management, Dolphin produces the right solution for each customer, faster, through its unmatched experience in SAP technologies, and its proven best practices, tools and add-on applications for use with SAP solutions. Dolphin solutions improve business and IT performance, lower total cost of ownership and deliver high return on investment.

The company was founded in 1995 and has offices in Philadelphia, PA, and San Jose, CA. Dolphin solutions are implemented across North America and around the world. For more information, visit dolphin-corp.com, or contact sales at 888-305-9033.

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.

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