New Tools for Abila MIP AP Automation - Streamline AP processes through the power of Microsoft SharePoint

1. New Tools for Abila MIP AP Automation
Streamline AP processes through the power of Microsoft SharePoint…
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4. accounts payable
automation
Automation
ConnectPoint Document
Management
Q&A
Net@Work

6. SharePoint
Cloud Office 365

8. Why Automate
Your Accounts
Payable Processes?
Average cost to process an invoice: ~$12
 Companies with a high level of
automation have half the processing
costs of non-automated companies,
with a median cost to process an
invoice of $6 and as low as $2
If you process just 1,000 invoices per
month savings could reach over $72,000
per year…

9. Reality facing AP Departments Today

10. Why Change?

11. Turning Raw Data into Smart Data

12. Multitude of
Devices
Information
Explosion
Compliance
Necessity
Multigenerational
Workforce
1.4X
44X

13. Managing Paper
Documents
Managing Electronic
Documents
Managing Business
Processes
Users perform
tasks differently
Maintain
consistent security
Obtain proper
reporting
Multiple tools and
systems
Many types of
content
Difficult to track
versions
Accurate auditing

15. Compelling Factors
$ Offsite storage of paper
$ Office floor space cost
$ Security of paper assets
$ Audit prep and execution
$ Dispersed workforce
$ Copy, fax, and courier costs
An average
paper document
gets copied
19 times**
$220 in Labor
to reproduce a lost document*
$120 in Labor
to find a misfiled paper document*
$20 in Labor
to file a paper document*
There are over
4 trillion
paper documents
in the U.S. alone,
growing at a rate
of 22% per year**
* PricewaterhouseCoopers
** Coopers & Lybrand

16. Shipping
Courier Costs
Fax Paper /
Phone Costs
Copied
Documents
Consumables
Handling
of Paper
Offsite
Storage
File Cabinets Processes
$30,000

18. Store &
Manage
Send to ERP
Index
Capture
ApproveSearch &
Retrieve
Paper
Electronic Files
Emails

20. Import into SharePoint SharePoint Document
Library
Abila MIPApproval Workflow
Retrieve and
Review
Automate and
Approve
Store and
View
Capture and
Index

26. Document Management Automate Business Processes
Enterprise SearchIntegration with Systems
ConnectPoint
Document
Management

27. Quantifying ROI

28. One way…

29. Plug in your numbers

30. And get your results…
“Before”
Automation
cost
“After”
Automation
cost
Cost
savings
(ROI)

31. kconquy@netatwork.com
Q&A