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Enliven Software:  Change is Good, but Cash Flow is BETTER! 2007 Dynamics Year End Users Group Conference 12.11.07 Bunmi A...
Enliven Software <ul><li>Enliven Software strives to become the leader in paperless electronic invoicing and payments prod...
What Enliven Does: <ul><li>Fidesic eInvoicing Automates the invoice/statement delivery and customer payment process, helpi...
 
Dynamics  GP Dynamics GP
Automate PO Delivery- Fax/Mail/Email Dynamics GP add-on
PO Flip by Vendors Vendor Account Center
Scanning & OCR – reduce data entry Works with any scanner. Applies GL Codes
Workflow designer for Pos, workflow & payments Electronic notification via email or mobile
Approved Invoices Download into GP
Approved Invoices Download into GP Imported invoices are already coded
Processing checks from GP with MICR
Automate delivery of checks – paper and ACH Supports electronic signatures based on workflow approval
Payment Approval
Fulfillment Options Paper fulfillment – POs, invoices and checks
Accounts Receivable via eInvoicing
Accounts Receivable via eInvoicing Email/Fax/US Mail support – from Customer card
Customer Account Center One-time sign-up page: Online payments, View Statements, Disputes
Customer Account Center
Customer Testimonial
A/P Processing Benchmarks <ul><li>Invoice and vendor payment costs </li></ul><ul><ul><li>Invoice processing cost: up to $1...
A/P Processing Best Practices <ul><li>Use an automated invoice processing system </li></ul><ul><ul><li>Reduce data entry e...
A/P Processing Best Practices <ul><li>Use an automated invoice processing system (cont.) </li></ul><ul><ul><li>Reduce cost...
<ul><li>Use an invoice imaging system </li></ul><ul><ul><li>Reduce the time to retrieve invoices </li></ul></ul><ul><ul><l...
Fidesic Payables Suite <ul><li>Automatic invoice data capture using optical character recognition </li></ul><ul><ul><li>Er...
Fidesic Payables Suite <ul><li>Invoice images stored online </li></ul><ul><ul><li>Accessed directly from Great Plains </li...
Fidesic Receivables Suite <ul><li>Invoice delivery via Email, US Mail, or Fax </li></ul><ul><li>Resend invoices </li></ul>...
Customer Testimonial
THANK YOU!!! PLEASE DON’T HESITATE TO STOP BY OUR BOOTH IF THERE ARE ANY QUESTIONS THAT WE CAN ANSWER! Bunmi Akinyemiju Bu...
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Dynamics GP User Group Presentation | Electronic Invoicing and Payments | Enliven Software

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Dynamics GP User Group Presentation | Electronic Invoicing and Payments | Enliven Software

  1. 1. Enliven Software: Change is Good, but Cash Flow is BETTER! 2007 Dynamics Year End Users Group Conference 12.11.07 Bunmi Akinyemiju Business Development The leader in automating business spending processes for small/midsize organizations
  2. 2. Enliven Software <ul><li>Enliven Software strives to become the leader in paperless electronic invoicing and payments products. Our Fidesic suite of products integrates seamlessly with accounting systems to automate business-critical financial processes, including payables, payments, receivables and expense reports. Fidesic is the only e-payment solution that supports mobile payments and integrates with major third party e-payment platforms such as PayPal, Google Checkout and Amazon payments. We also offer document imaging, web-based data capture, approval workflow, and paper or electronic payments. </li></ul>
  3. 3. What Enliven Does: <ul><li>Fidesic eInvoicing Automates the invoice/statement delivery and customer payment process, helping companies get paid faster, reduce costs and improve customer service. </li></ul><ul><li>Fidesic ePay Customer self serve online payments, with a direct connect to your business' deposit account, our software moves the money which your customers deposit within 24-48 hours. </li></ul><ul><li>Fidesic ePayables Automates the invoice receipt and approval process, reducing costs and streamlining buyer, approver, and accounting tasks. </li></ul><ul><li>Fidesic ePayments Automates the business payment process (paper and electronic payments), eliminating printing checks, folding, stuffing, and stamping envelopes, resulting in significant time and money saved. </li></ul>
  4. 5. Dynamics GP Dynamics GP
  5. 6. Automate PO Delivery- Fax/Mail/Email Dynamics GP add-on
  6. 7. PO Flip by Vendors Vendor Account Center
  7. 8. Scanning & OCR – reduce data entry Works with any scanner. Applies GL Codes
  8. 9. Workflow designer for Pos, workflow & payments Electronic notification via email or mobile
  9. 10. Approved Invoices Download into GP
  10. 11. Approved Invoices Download into GP Imported invoices are already coded
  11. 12. Processing checks from GP with MICR
  12. 13. Automate delivery of checks – paper and ACH Supports electronic signatures based on workflow approval
  13. 14. Payment Approval
  14. 15. Fulfillment Options Paper fulfillment – POs, invoices and checks
  15. 16. Accounts Receivable via eInvoicing
  16. 17. Accounts Receivable via eInvoicing Email/Fax/US Mail support – from Customer card
  17. 18. Customer Account Center One-time sign-up page: Online payments, View Statements, Disputes
  18. 19. Customer Account Center
  19. 20. Customer Testimonial
  20. 21. A/P Processing Benchmarks <ul><li>Invoice and vendor payment costs </li></ul><ul><ul><li>Invoice processing cost: up to $17.34 per invoice * </li></ul></ul><ul><ul><li>Vendor payment cost: up to $9.13 * </li></ul></ul><ul><li>Invoice filing, storage, and retrieval costs </li></ul><ul><ul><li>Time to find misfiled invoices: over 10 minutes ** </li></ul></ul><ul><ul><li>Percent of invoices misfiled: 3% ** </li></ul></ul><ul><ul><li>Percent of invoices lost: 7% ** </li></ul></ul><ul><ul><li>* Source: </li></ul></ul><ul><ul><li>** Source: </li></ul></ul>
  21. 22. A/P Processing Best Practices <ul><li>Use an automated invoice processing system </li></ul><ul><ul><li>Reduce data entry error and correction time </li></ul></ul><ul><ul><li>Quicker approval process means shorter cycle time </li></ul></ul><ul><ul><li>Tighter financial control </li></ul></ul><ul><ul><ul><li>Approval workflow based on business rules </li></ul></ul></ul><ul><ul><ul><li>Consistent application of Internal Control </li></ul></ul></ul>
  22. 23. A/P Processing Best Practices <ul><li>Use an automated invoice processing system (cont.) </li></ul><ul><ul><li>Reduce costs and improve service to vendors and office employees </li></ul></ul><ul><ul><ul><li>Quicker, easier approval process </li></ul></ul></ul><ul><ul><ul><li>Avoid paying late fees or missing discount deadlines </li></ul></ul></ul><ul><ul><ul><li>Reduce or eliminate vendor calls and email </li></ul></ul></ul>
  23. 24. <ul><li>Use an invoice imaging system </li></ul><ul><ul><li>Reduce the time to retrieve invoices </li></ul></ul><ul><ul><li>Eliminate costs of storing paper invoices </li></ul></ul><ul><ul><li>Eliminate lost or misfiled invoices </li></ul></ul><ul><li>Eliminate paper checks - using EFT </li></ul><ul><ul><li>Reduces cost of payment </li></ul></ul><ul><ul><li>Improve cash management </li></ul></ul>A/P Processing Best Practices
  24. 25. Fidesic Payables Suite <ul><li>Automatic invoice data capture using optical character recognition </li></ul><ul><ul><li>Error-free capture of an indefinite number of data elements including line item detail </li></ul></ul><ul><ul><li>General ledger codes automatically applied </li></ul></ul><ul><ul><li>Invoice data entry time (avg.) : Under 20 seconds </li></ul></ul><ul><li>Upload invoices directly into Great Plains </li></ul><ul><li>Automatic approval workflow </li></ul><ul><ul><li>Using business rules </li></ul></ul><ul><ul><li>Electronic audit trail </li></ul></ul>
  25. 26. Fidesic Payables Suite <ul><li>Invoice images stored online </li></ul><ul><ul><li>Accessed directly from Great Plains </li></ul></ul><ul><ul><li>Available for at least seven years </li></ul></ul><ul><li>Pay vendors via paper or electronic check </li></ul><ul><ul><li>Payment approval workflow is available </li></ul></ul><ul><ul><li>Integrated with Great Plains vendor payment functionality </li></ul></ul><ul><li>Vendor Payment Center allows vendors to check the status of their invoices and payments online </li></ul><ul><ul><li>24/7 online access </li></ul></ul>
  26. 27. Fidesic Receivables Suite <ul><li>Invoice delivery via Email, US Mail, or Fax </li></ul><ul><li>Resend invoices </li></ul><ul><li>Automatic reminders </li></ul><ul><li>Payment notification </li></ul><ul><li>Receive EFT and credit card payments </li></ul><ul><li>Shipment tracking </li></ul><ul><li>Status information available online </li></ul><ul><li>Electronic statements & online disputes </li></ul><ul><li>Apply payments to invoices in GP automatically </li></ul><ul><li>Automatically send ACH file to bank </li></ul>
  27. 28. Customer Testimonial
  28. 29. THANK YOU!!! PLEASE DON’T HESITATE TO STOP BY OUR BOOTH IF THERE ARE ANY QUESTIONS THAT WE CAN ANSWER! Bunmi Akinyemiju Business Development

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