RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue •...
Transcript of RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue •...
![Page 1: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/1.jpg)
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.
![Page 2: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/2.jpg)
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
![Page 3: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/3.jpg)
Meet your Speakers
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 3
Abbey OliverRPI Senior Consultant
� Over five years experience designing, implementing, and supporting Advanced Data Capture and ECM solutions
� Formerly, Perceptive Software Senior Consultant
![Page 4: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/4.jpg)
Agenda
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 4
� About RPI Consultants
� Manufacturing Trends & Business Drivers
� Features and Benefits of Automation
� Solutions & Applications for Manufacturing� Financial Process Automation
� Human Resources
� Logistics
� Q & A
![Page 5: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/5.jpg)
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.
![Page 6: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/6.jpg)
About RPI Services
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 6
� 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
![Page 7: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/7.jpg)
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.
![Page 8: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/8.jpg)
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
![Page 9: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/9.jpg)
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
![Page 10: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/10.jpg)
Document Facts & Costs
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 10
� 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
![Page 11: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/11.jpg)
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.
![Page 12: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/12.jpg)
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
![Page 13: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/13.jpg)
Advanced Data Capture
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 13
� 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
![Page 14: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/14.jpg)
Enterprise Content Management
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 14
� 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
![Page 15: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/15.jpg)
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.
![Page 16: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/16.jpg)
Manufacturing Processes
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 16
Accounting &FinanceHumanResources
Operations
Legal &Governance, Risk & Compliance
(GRC)Engineering
IT
Sales/CustomerService
Logistics &Supply Chain
Procurement& Purchasing
Quality
Research &Development
Operations
![Page 17: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/17.jpg)
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.
![Page 18: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/18.jpg)
FPA Challenges
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 18
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
![Page 19: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/19.jpg)
FPA Solutions with ECM
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 19
� 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
![Page 20: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/20.jpg)
FPA Benefits
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 20
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
![Page 21: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/21.jpg)
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.
![Page 22: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/22.jpg)
HR Challenges
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 22
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
![Page 23: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/23.jpg)
HR Pain Points
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 23
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
![Page 24: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/24.jpg)
HR Solutions with ECM
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 24
![Page 25: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/25.jpg)
Logistics Eliminate paper-based processes and even the smallest inefficiencies to reduce processing errors and accelerate critical business processes.
![Page 26: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/26.jpg)
Logistics Processes
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 26
Manufacturing Distribution Retail
Manufacturing Logistics Depend on Paper� Bills of Lading
� Packing Slips
� Customs Forms
� Delivery Receipts
� Etc.
![Page 27: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/27.jpg)
Logistics Challenges
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 27
Manual Validation Storage / Retrieval
Exception Handling Data Entry
Challenges to Paper-based Processes� Resource Intensive
� Limited Visibility
� Error Prone
� Time Consuming
![Page 28: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/28.jpg)
Logistics Solutions with ECM
February 8, 2018RPI Consultants | Learn more at www.RPIC.com! Slide 28
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
![Page 29: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/29.jpg)
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.
![Page 30: RPIC-ISTS-Webinars-Maximize Results Manufacturing · Drive monetization to increase revenue • Rationalize and reduce costs • Streamline business processes and IT ... cloud –](https://reader034.fdocuments.us/reader034/viewer/2022050608/5fafc642f5d717483d208f32/html5/thumbnails/30.jpg)
Last Updated Thursday, February 8, 2018
QuestionsThank you for joining RPI’s #WebinarWednesday! Visit www.rpic.com/Webinars to view past webinar recordings or register for all our upcoming webinars!