rpic-ists-webinars-maximize results manufacturing · drive monetization to increase revenue •...

Last Updated Thursday, February 8, 2018

Maximizing Results in ManufacturingLearn how your manufacturing organization can utilize technologies like Enterprise Content Management and Advanced Data Capture to reduce errors and save costs.

Meet your Speakers

February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 2

Jim FallRPI Senior Account Executive

� 20+ years experience working with manufacturing enterprises

� PLM Design automation, industrial automation

� ECM and financial process automation

� Unique mix of business planning and technical expertise to help manufacturing enterprises

Meet your Speakers


Abbey OliverRPI Senior Consultant

� Over five years experience designing, implementing, and supporting Advanced Data Capture and ECM solutions

� Formerly, Perceptive Software Senior Consultant

Agenda


� About RPI Consultants

� Manufacturing Trends & Business Drivers

� Features and Benefits of Automation

� Solutions & Applications for Manufacturing� Financial Process Automation

� Human Resources

� Logistics

� Q & A

About RPI ConsultantsRPI is a comprehensive professional services organization with over 18 years of experience designing, implementing, and supporting ERP, ECM, and Advanced Data Capture solutions.

About RPI Services


� 80+ Full-time Consultants, Project Managers, & Technical Architects

� Offices located in Baltimore, Tampa, and Kansas City, MO

� Technical Strategy & Architecture, Expert Installations & Upgrades

� On-demand Product Support & Solution Managed Services

� Business Process Analysis & Workflow Design, Solution & Product Enhancements

Manufacturing Trends & Business DriversManufacturing enterprises are complex and must operate as lean as possible to drive profits, revenue, and growth. Manufacturers need scalable solutions that are flexible, easy to manage and offer visibility and control over the information that drives your business and applications.

RPI Consultants | Learn more at www.RPIC.com! Slide 8

Trends & Business Drivers

Transform Infrastructure and the Business

Innovate and bring to marketmore value

Drive monetization toincrease revenue

• Rationalize and reduce costs• Streamline business processes and IT

operations• Improve processes to support market

evolution• Consolidate assets• Improve compliance, reduce risk• Reduce environmental impact

• Create and capture demand withinnovative products

• Gain competitive advantage• Provide personalized user experience• Create a unique proposition for brand value

that attracts and retains customers

• Create new business models, solutions, partners and services to increase average revenue per user

• Deliver personalized content• Big data – cloud – mobility – social business

Global consumers: online, aware, demanding, connected, mobile

Explosive content growth

Mobile growth shifting computing power to smart phones and mobile devices

Technology enabling more competition and choices

Trends impacting Manufacturing

RPI Consultants | Learn more at www.RPIC.com! Slide 9

Manufacturing Challenges

Global operations are complex with a myriad of dependencies, unique regulations, language and culture challenges

Manual processes slow down work and keep employees from being responsive. Disparate system that don’t communicate require double work and delays. Complex, global supply chain,

multiple overlapping systems, lack of communication and control

Real risk from quickly changing regulations with steep penalties. Difficult to keep good employees trained and in compliance with local laws.

Manual Processes, Disparate Systems

Global Operations

Complex Supply Chain

Explosive Regulations, Employee Engagement

Document Facts & Costs


� The average document gets copied 19 times

� 7.5% of all documents get lost, 3% are misfiled

� Professionals spend 5-15% time reading information, but up to 50% looking for it

� There are over 4 trillion paper documents, growing at a rate of 22% per year (Gartner)

� On average: $20 to file a document, $120 to find a misfiled document, $220 to reproduce a lost document.

� 90% of corporate “memory” exists on paper

� 90% of documents handled each day are merely shuffled

Features & Benefits of AutomationEnterprise Content Management (ECM) and Advanced Data Capture products and solutions provide the tools you need to automate costly business processes across the enterprise.

Automation Technology

� Why invest in automation? � Reduce costly errors and delays

due to manual data entry

� Increased transparency and real-time exceptions monitoring

� Integrated document and data access and retrieval

� Improved regulatory and service level agreement (SLA) compliance

� Advanced Data Capture� Advanced OCR with intelligent data

extraction & real-time validation

� Enterprise Content Management� Flexible capture, indexing, workflow

processing, and retrieval solutions

February 8, 2018RPI Consultants | Learn more at www.RPIC.com! 12

Advanced Data Capture


� Benefits & Features� Automated Data Extraction and Classification for

reduced errors and targeted exception handling

� Data Verification interface for fast and simple user interventions and corrections

� Pattern Recognition technology for faster processing and increased productivity

� Visibility Analytics for real-time process monitoring, auditing, and optimization

Enterprise Content Management


� Benefits & Features� Flexible Capture Solutions for all multiple sources of

documents and data (fax, email, imported, scanned, etc.)

� Powerful Workflow Processing to simply and consolidate even the most complex business processes

� On-demand Access and Retrieval solutions for real-time document and data lookup and auditing

� Simple and flexible Data Integration options to connect disparate data sources and business applications

Solutions and Applications for Manufacturing Within the complex structure of manufacturing organizations, ECM and Advanced Data Capture products and solutions can make a huge impact on critical business processes and functions.

Manufacturing Processes


Accounting &FinanceHumanResources

Operations

Legal &Governance, Risk & Compliance

(GRC)Engineering

IT

Sales/CustomerService

Logistics &Supply Chain

Procurement& Purchasing

Quality

Research &Development

Operations

Financial Process Automation (FPA)Automating your Accounts Payable or Financial processes helps reduce costs related to manual data entry and processing while also improving services by making financial documents more easily accessible.

FPA Challenges


Financial processes often represent some of the most costly and burdensome manual processes across the manufacturing enterprise.

� Inefficient� Manual Invoice Coding

� Physical Invoice Routing

� Manual Storage and Maintenance

� Lack of Visibility� Lost or Missing Invoices

� Approval Auditing / Tracking

� Missed Service Level Agreements

FPA Solutions with ECM


� Capture� Scan Physical Invoices

� Capture Digital Invoices (email, fax)

� Import EDI

� Advanced Data Capture � Advanced OCR

� Data Validation with ERP

� Document / Data passed to ECM

� Workflow (ECM)� Invoice / GL Coding

� Automated Invoice Routing

� Electronic Notifications & Approvals

� Data / Invoice Posted to ERP

FPA Benefits


Efficiency Visibility

Vendor Relations Control

1 2

3 4

AP Manager Director of IT

§ Solutions that are simple to administer and upgrade

§ Fits corporate IT strategy

§ Security concerns

§ Eliminate inefficiencies in invoice processing

§ Better visibility

§ Faster payment cycle time

§ Time for analysis of root cause

§ Lowest possible cost outlay

§ Visibility and control of liabilities

§ Accounting accuracy

§ Auditability and SOX compliance

Corporate Executive

Benefits of Financial Process Automation

Human ResourcesHave your new hires ready to work on day one. Reduce paper management with electronic employee files to automate processes for both your new hires and your HR department.

HR Challenges


Challenges in Human Resources� Digital Files not Linked with HRIS

� Storage of Physical Files & Paper

� Duplicity of Systems / Databases

� Lack of Global Consistency

� End to End Employee File Management

� Legal / Security Requirements

HR Pain Points


1 Finding and accessing employee files / documents Immediate digital access to all enterprise documents

2 Discrepancies between employee files and HRIS Synchronized files, integrated processing, improved accuracy

3 Liability and Risk Management for Confidential Information Integrated Document and File Security and Access Auditing

4 Hand-written Forms and Applications Web-based Forms and Document / Data Automation

Common Pain Points ECM Solutions Deliver

HR Solutions with ECM


Logistics Eliminate paper-based processes and even the smallest inefficiencies to reduce processing errors and accelerate critical business processes.

Logistics Processes


Manufacturing Distribution Retail

Manufacturing Logistics Depend on Paper� Bills of Lading

� Packing Slips

� Customs Forms

� Delivery Receipts

� Etc.

Logistics Challenges


Manual Validation Storage / Retrieval

Exception Handling Data Entry

Challenges to Paper-based Processes� Resource Intensive

� Limited Visibility

� Error Prone

� Time Consuming

Logistics Solutions with ECM


CAPTURE

Gather logistics

documents from any

source and any location

across the enterprise

EXTRACT

Content on paper

becomes information

that can be validated

and with your

core system

PROCESS

Smart workflow that

uses business rules

and hierarchies to

processes tasks,

identify exceptions and

highlight mismatches

INTERFACE

Get validated,

enhanced logistics data

into your ERP or core

business applications

DOCUMENT

Record electronic

copies to support

customers and internal

controls and audits

Summary Enterprise Content Management and Advanced Data Capture solutions provide a unique opportunity for Manufacturing organizations to reduce costs, improve service, and shorten processing times.

Last Updated Thursday, February 8, 2018

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rpic-ists-webinars-maximize results manufacturing · drive monetization to increase revenue •...

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