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Optimizing Your AP Process


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ADP P2P - Accounts Payable Automation

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Optimizing Your AP Process

  1. 1. Optimizing your Processes with ADP Procure-to-Pay<br />
  2. 2. Reducing Costs<br />Cost Reduction<br />Invoice Receipt<br /><ul><li>Electronic invoicing via integration, portal, LIDO
  3. 3. Scan and index for low volume suppliers</li></ul>Supplier Network<br /><ul><li>Thousands of suppliers transacting everyday
  4. 4. Complete suite of supplier enablement services</li></ul>Workflow/Approvals<br /><ul><li>Automated routing and workflow for invoices
  5. 5. Alerts, reminders and escalation procedures</li></ul>Vendor Self-Service<br /><ul><li>Visibility to transaction status – reduced inquiries
  6. 6. Collaborative dispute resolution</li></ul>With ADP P2P<br /><ul><li>Reduce processing costs
  7. 7. Accelerate processing cycles
  8. 8. Eliminate supplier inquiries</li></ul>Benefits<br />
  9. 9. Improving Control<br />Risk Mitigation/Increased Control<br />Risk Mitigation/Increased Control<br />Price Book Compliance<br /><ul><li>Upload and maintain price books
  10. 10. Ensure compliance with negotiated pricing</li></ul>Price Book Compliance<br /><ul><li>Upload and maintain price books
  11. 11. Ensure compliance with negotiated pricing</li></ul>Workflow/Approvals<br /><ul><li>Automated routing and workflow for invoices
  12. 12. Alerts, reminders and escalation procedures</li></ul>Workflow/Approvals<br /><ul><li>Automated routing and workflow for invoices
  13. 13. Alerts, reminders and escalation procedures</li></ul>Invoice Validation<br /><ul><li>Validate invoices against pre-defined criteria
  14. 14. Reduce number of errors and exceptions</li></ul>Invoice Validation<br /><ul><li>Validate invoices against pre-defined criteria
  15. 15. Reduce number of errors and exceptions</li></ul>Control Mechanisms<br /><ul><li>SAS 70 certification for enhanced controls
  16. 16. Disaster recovery and business continuity</li></ul>Control Mechanisms<br /><ul><li>SAS 70 certification for enhanced controls
  17. 17. Disaster recovery and business continuity</li></ul>With ADP P2P<br /><ul><li>Increase contract compliance
  18. 18. Reduce invoice exceptions
  19. 19. Increase control over business process</li></ul>Benefits<br />
  20. 20. Optimizing Working Capital<br />Working Capital Optimization<br />Discount Management<br /><ul><li>Alerts to prompt processing of invoices with discounts
  21. 21. Dynamic discounting on a sliding scale</li></ul>Reporting & Analytics<br /><ul><li>Standard and ad hoc reporting capabilities
  22. 22. Dashboards and aging summaries</li></ul>Payment Processing<br /><ul><li>Payments via check, ACH or card
  23. 23. Remittance information delivery</li></ul>Electronic Receipts<br /><ul><li>Ability for suppliers to upload electronic receipts
  24. 24. Reconcile invoices with </li></ul>With ADP P2P:<br /><ul><li>Reduce payment costs
  25. 25. Increase discount capture
  26. 26. Accelerate receipt entry</li></ul>Benefits<br />
  27. 27. The ADP Advantage<br />ADP P2P<br />End-to-end integrated solution for purchasing and finance departments<br />Modular solution allowing clients to pick and choose functionality<br />Outsourced scan/capture allows clients to start small and scale up<br />Price compliance and electronic receipt capabilities increase control<br />Outsource Supplier Portal and Vendor Payment Services<br />10 + Years of Domain and Best Practice Experience<br />100% success rate in implementations<br />ADP<br />Over 570,000 clients worldwide; 50+ MM employees served<br />$1.3 Trillion in client funds moved<br />World Class, secure payment environment<br />Leading the industry in compliance accuracy<br />1 of 4 AAA rated U.S. Industrial Companies<br />Offering tight controls, financial stability and AAA credit rating as the foundation for establishing long-term partnerships<br />