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SIMPLIFY
YOUR PAYMENT
PROCESSES
MAKE BETTER-INFORMED
FINANCIAL DECISIONS
OPTIMISE
YOU NEED THE
VISIBILITY TO CONTROL
CASH FLOW, MANAGE
COMPLIANCE AND
IMPROVE THE WAY
YOU PAY SUPPLIERS
If your business deals with
multiple suppliers and large
volumes of purchases ...
... are your Finance processes
up to the job?
Paper-based manual systems
and disjointed purchasing
processes are inefficient and
mask vital information.
A transparent, accurate view
of suppliers, transactions,
invoices and workflows can
make a big difference to
controlling cash flow.
The top performers are
addressing these issues now.
And we’re helping them.
CANON CAN HELP
IMPROVE THE EFFICIENCY
AND VISIBILITY OF
YOUR ENTIRE PAYMENTS
PROCESS FROM A SINGLE
PLATFORM
Enabling you to make
informed financial decisions ...
... that reduce cost and risk,
optimise working capital and
support compliance.
40%of companies who
use automated P2P
have seen a 50%
improvement in the
payment process cycle1
.
1
The Institute of Financial Operations, 2014
WORK
SMARTER
AND FASTER
Our solutions address the
challenges around digitisation
and process automation,
delivering fast, accurate
data capture and efficient
workflows ...
... so your skilled staff
don’t waste their time
chasing paper and
retyping information.
It’s easy to share information
across the business too – even
on the move ...
... improving collaboration
and agility.
VISIBILITY
Instantly access real-time online data to monitor
invoice progress from receipt to validation and
approval. Make informed payment decisions and
manage cash flow more effectively based on
accurate, timely financial information.
Easily assess supplier terms and costs to
control procurement spend.
EFFICIENCY
Save time and cost by automating data entry
and transactional workflows. Avoid late payment
charges and penalties. Reduce errors from manual
processing and improve invoice / PO match rates.
Cut out the need – and the space – for
unnecessary paper archiving.
COMPLIANCE
Improve accounting practices with more
accurate recording, tracking and storage of
financial records.
Simplify audit trails with a clear view of changes
and approvals, ensure legal compliance and
reduce business risk.
ACHIEVE
MORE
From sourcing suppliers to
paying them ...
... Canon helps consolidate
your approach to procurement,
streamlining purchase
administration, improving
the way you buy.
We offer a range of:
• Affordable
• Simple-to-use
• Modular solutions
That meet the needs of any business.
Whether it’s digitising records,
automating payment processes or
optimising an entire P2P process ...
... you can build capabilities around your
issues, your available equipment, and
your existing accounting applications.
Whatever route you take, you’ll
be surprised at how easy it is to
boost performance ...
... benefiting from greater visibility
and control of your purchasing
process – and the insights to make
better-informed financial decisions.
70%of businesses consider that
the use of scanning and
capture technology improves
the speed of response by
three times or more2
.
2
AIIM, 2012
TRUST
IN OUR
EXPERIENCE ...
Here are some examples to make
you stop and think ...
CONSTRUCTION
COMPANY PROCESSING
6,000 INVOICES A
YEAR MAKES HUGE
PRODUCTIVITY GAINS
WITH AUTOMATED SYSTEM
“When I get an invoice, I open the mail,
go to the scanner, send it to the invoice
system and it synchronises with our bank
system. And the same work that took one
week before to do, we complete in about
two to three hours.”
JOHAN SELENIUS ROSENGREN
DIRECTOR, SARAB CONSTRUCTION
SHIPYARD TAKES
CONTROL OF INVOICE
MANAGEMENT AFTER
SWITCHING FROM
MANUAL TO DIGITAL
PROCESSING
“Now we know at all times where a document
is and where it came from in the process.
Moreover, we can assign permissions on the
category level and down to a single document.
This has resulted in greater agility and control
of our work reports and invoicing.”
MICHAEL WAGER
FINANCE DIRECTOR, ASTILLEROS DE MALLORCA
INDUSTRIAL SERVICES
PROVIDER REDUCES
MISFILING AND CUTS
INVOICE RETRIEVAL TIME
FROM 30 MINUTES TO
SECONDS THROUGH
AUTOMATION
“ Switching to an automated system has not
only improved accuracy but has also increased
productivity, allowing us to concentrate on our
core roles, rather than laborious tasks such as
filing, retrieving invoices and co-ordinating with
other locations to access supporting documents.”
CHERYL WILLIS
SENIOR CREDIT OFFICER, LCR GROUP
COMMERCIAL KITCHEN
SPARES SPECIALIST
HANDLING 300 INVOICES
A MONTH REDUCES
DOCUMENT SEARCH
TIME BY 80% WITH
PAPERLESS SOLUTION
“ We have two scan profiles set up on our scanner,
one for single-sided documents and one for
double-sided. That’s all – the system does the
rest, using free text search to recognise the most
important fields on the invoices and delivery notes,
before labelling them and automatically filing them
under the relevant category.”
FRIEDRICH STALLER
MANAGING DIRECTOR, GEV
AGGREGATES BUSINESS
SAVES £30,000 A YEAR BY
INTEGRATING DOCUMENT
SCANNING, RETRIEVAL AND
ARCHIVING SOLUTION WITH
ACCOUNTANCY SOFTWARE
“ By integrating directly with Sage, Canon
transformed our key
paper-based manual
processes into highly efficient and accessible
digital data that any one of our designated
staff could retrieve at any time, and from any
of our company sites.”
MAURICE MCCRACKEN
GROUP ACCOUNTANT, WHITEMOUNTAIN QUARRIES
FLOWER PACKAGING
COMPANY CLEARS MANUAL
INVOICE PROCESSING
BOTTLENECK TO CUT
LABOUR COSTS AND
IMPROVE EFFICIENCY
“ By reducing the processing time by 40 hours,
we have saved around €25– €30,000 a year.
With the addition of the money saved from the
reduced penalty fines, the Canon solution has
resulted in a 30% cost saving overall.”
BERT RIJKMANS
INFORMATION AND COMMUNICATIONS EXECUTIVE,
VAN DILLEWIJN GROUP
SO WHAT
HAPPENS NEXT?
We believe that when people are allowed to
work smarter, they’ll drive exceptional
performance in business.
And we’d like to share the best of what we’ve
learned with you.
© Canon Europa N.V. 2014
If there are any areas of particular
interest that you would like to discuss
further, or to set up a meeting,
call Scott Ofield on 01235 433470
or email scott.ofield@cuk.canon.co.uk
BEEXCEPTIONAL and visit canon.co.uk

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The Journey to Better-Informed Financial Decisions

  • 2. YOU NEED THE VISIBILITY TO CONTROL CASH FLOW, MANAGE COMPLIANCE AND IMPROVE THE WAY YOU PAY SUPPLIERS
  • 3. If your business deals with multiple suppliers and large volumes of purchases ... ... are your Finance processes up to the job?
  • 4. Paper-based manual systems and disjointed purchasing processes are inefficient and mask vital information.
  • 5. A transparent, accurate view of suppliers, transactions, invoices and workflows can make a big difference to controlling cash flow.
  • 6. The top performers are addressing these issues now. And we’re helping them.
  • 7. CANON CAN HELP IMPROVE THE EFFICIENCY AND VISIBILITY OF YOUR ENTIRE PAYMENTS PROCESS FROM A SINGLE PLATFORM
  • 8. Enabling you to make informed financial decisions ... ... that reduce cost and risk, optimise working capital and support compliance.
  • 9. 40%of companies who use automated P2P have seen a 50% improvement in the payment process cycle1 . 1 The Institute of Financial Operations, 2014
  • 11. Our solutions address the challenges around digitisation and process automation, delivering fast, accurate data capture and efficient workflows ...
  • 12. ... so your skilled staff don’t waste their time chasing paper and retyping information.
  • 13. It’s easy to share information across the business too – even on the move ... ... improving collaboration and agility.
  • 14. VISIBILITY Instantly access real-time online data to monitor invoice progress from receipt to validation and approval. Make informed payment decisions and manage cash flow more effectively based on accurate, timely financial information. Easily assess supplier terms and costs to control procurement spend.
  • 15. EFFICIENCY Save time and cost by automating data entry and transactional workflows. Avoid late payment charges and penalties. Reduce errors from manual processing and improve invoice / PO match rates. Cut out the need – and the space – for unnecessary paper archiving.
  • 16. COMPLIANCE Improve accounting practices with more accurate recording, tracking and storage of financial records. Simplify audit trails with a clear view of changes and approvals, ensure legal compliance and reduce business risk.
  • 18. From sourcing suppliers to paying them ... ... Canon helps consolidate your approach to procurement, streamlining purchase administration, improving the way you buy.
  • 19. We offer a range of: • Affordable • Simple-to-use • Modular solutions That meet the needs of any business.
  • 20. Whether it’s digitising records, automating payment processes or optimising an entire P2P process ... ... you can build capabilities around your issues, your available equipment, and your existing accounting applications.
  • 21. Whatever route you take, you’ll be surprised at how easy it is to boost performance ... ... benefiting from greater visibility and control of your purchasing process – and the insights to make better-informed financial decisions.
  • 22. 70%of businesses consider that the use of scanning and capture technology improves the speed of response by three times or more2 . 2 AIIM, 2012
  • 23. TRUST IN OUR EXPERIENCE ... Here are some examples to make you stop and think ...
  • 24. CONSTRUCTION COMPANY PROCESSING 6,000 INVOICES A YEAR MAKES HUGE PRODUCTIVITY GAINS WITH AUTOMATED SYSTEM
  • 25. “When I get an invoice, I open the mail, go to the scanner, send it to the invoice system and it synchronises with our bank system. And the same work that took one week before to do, we complete in about two to three hours.” JOHAN SELENIUS ROSENGREN DIRECTOR, SARAB CONSTRUCTION
  • 26. SHIPYARD TAKES CONTROL OF INVOICE MANAGEMENT AFTER SWITCHING FROM MANUAL TO DIGITAL PROCESSING
  • 27. “Now we know at all times where a document is and where it came from in the process. Moreover, we can assign permissions on the category level and down to a single document. This has resulted in greater agility and control of our work reports and invoicing.” MICHAEL WAGER FINANCE DIRECTOR, ASTILLEROS DE MALLORCA
  • 28. INDUSTRIAL SERVICES PROVIDER REDUCES MISFILING AND CUTS INVOICE RETRIEVAL TIME FROM 30 MINUTES TO SECONDS THROUGH AUTOMATION
  • 29. “ Switching to an automated system has not only improved accuracy but has also increased productivity, allowing us to concentrate on our core roles, rather than laborious tasks such as filing, retrieving invoices and co-ordinating with other locations to access supporting documents.” CHERYL WILLIS SENIOR CREDIT OFFICER, LCR GROUP
  • 30. COMMERCIAL KITCHEN SPARES SPECIALIST HANDLING 300 INVOICES A MONTH REDUCES DOCUMENT SEARCH TIME BY 80% WITH PAPERLESS SOLUTION
  • 31. “ We have two scan profiles set up on our scanner, one for single-sided documents and one for double-sided. That’s all – the system does the rest, using free text search to recognise the most important fields on the invoices and delivery notes, before labelling them and automatically filing them under the relevant category.” FRIEDRICH STALLER MANAGING DIRECTOR, GEV
  • 32. AGGREGATES BUSINESS SAVES £30,000 A YEAR BY INTEGRATING DOCUMENT SCANNING, RETRIEVAL AND ARCHIVING SOLUTION WITH ACCOUNTANCY SOFTWARE
  • 33. “ By integrating directly with Sage, Canon transformed our key
paper-based manual processes into highly efficient and accessible digital data that any one of our designated staff could retrieve at any time, and from any of our company sites.” MAURICE MCCRACKEN GROUP ACCOUNTANT, WHITEMOUNTAIN QUARRIES
  • 34. FLOWER PACKAGING COMPANY CLEARS MANUAL INVOICE PROCESSING BOTTLENECK TO CUT LABOUR COSTS AND IMPROVE EFFICIENCY
  • 35. “ By reducing the processing time by 40 hours, we have saved around €25– €30,000 a year. With the addition of the money saved from the reduced penalty fines, the Canon solution has resulted in a 30% cost saving overall.” BERT RIJKMANS INFORMATION AND COMMUNICATIONS EXECUTIVE, VAN DILLEWIJN GROUP
  • 36. SO WHAT HAPPENS NEXT? We believe that when people are allowed to work smarter, they’ll drive exceptional performance in business. And we’d like to share the best of what we’ve learned with you.
  • 37. © Canon Europa N.V. 2014 If there are any areas of particular interest that you would like to discuss further, or to set up a meeting, call Scott Ofield on 01235 433470 or email scott.ofield@cuk.canon.co.uk BEEXCEPTIONAL and visit canon.co.uk