Invenio's SAP P2P Solution
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Invenio's P2P solution for SAP streamlines the procure-to-pay process by significantly reducing administrative workload from 80% to 20% for employees through automation and supplier self-management. This system enhances efficiency, budget visibility, and supplier relationships, ultimately saving time and cut costs. The solution is built on SAP NetWeaver technology, offering a flexible and cost-effective alternative to existing systems.
Invenio's SAP P2P Solution
- 1. 1 Invenio’s SAP P2P solution An Invenio Business Solutions presentation
- 2. P2P Solution 2 Invenio’s P2P for SAP is a Procure to Pay solution with a very BIG difference.
- 3. P2P Solution 3 By re-engineering the division of LABOUR…
- 4. P2P Solution 4 By re-engineering the division of LABOUR… it saves you… TIMEand MONEY
- 5. P2P Solution 5 Let’s take a typical P2P scenario BEFORE deploying… Your employees do… 80% of the work. • Registering suppliers. • Processing / approving quotes. • Checking budget availability. • Raising PO’s. • Chasing sign-off. • Checking goods receipts. • PO Matching • Processing invoices. • Approving payments.
- 6. P2P Solution 6 Let’s take a typical P2P scenario BEFORE deploying… Your employees do… 80% of the work. • Registering suppliers. • Processing / approving quotes. • Checking budget availability. • Raising PO’s. • Chasing sign-off. • Checking goods receipts. • PO Matching • Processing invoices. • Approving payments. and your suppliers do… of the work. 20% • Submitting quotations. • Sending invoices.
- 7. P2P Solution 7 and AFTER deploying… Your employees do… 20% of the work. • Approving quotes • Approving payments (AUTOMATION TAKES CARE OF THE REST)
- 8. P2P Solution 8 and AFTER deploying… Your employees do… 20% of the work. and your suppliers do… of the work. 80% • Registration / data maintenance • Uploading quotes • Delivering goods and services • Raising invoices • Approving quotes • Approving payments (AUTOMATION TAKES CARE OF THE REST)
- 9. P2P Solution 9 From an 80%admin load…
- 10. P2P Solution 10 From an 80%admin load… …to a 20%admin load.
- 11. P2P Solution 11 From an 80%admin load… …to a 20%admin load. How much TIME and MONEY could that SAVE you?
- 12. Here is how it works 12 Reducing your admin The unique Supplier Portal enables suppliers to register and manage their own data – including submitting quotes, accepting purchase orders and submitting invoices. Copyright Invenio Business Solutions – all rights reserved.
- 13. Here is how it works 13 Improving your efficiencies Really simple one click approvals. Fully automated workflow, in-built security, budget allocation and approval processes make it easy, fast and efficient.Copyright Invenio Business Solutions – all rights reserved.
- 14. Here is how it works 14 Giving you clear insight Manage budgets and authorisations on one GLOBAL platform. For readily available visibility across all cost-centres, projects, budgets and geographical locations. Copyright Invenio Business Solutions – all rights reserved.
- 15. Here is how it works 15 Eliminating integration and consolidation headaches Purchasing information sits inside SAP so it’s always ready, always up to date and becomes a part of your existing investment in SAP Copyright Invenio Business Solutions – all rights reserved.
- 16. and…. 16 ON THE ROAD, OR IN THE OFFICE? Copyright Invenio Business Solutions – all rights reserved. Available on premise and on device
- 17. The case of Universal Music Group 17 • Universal Music Group has implemented a single global instance of the SAP FICO (Finance and Controlling) solution for its financial reporting • Their Procurement function was widely distributed across various local systems • With 7000+ internal users involved in the P2P process and working with 130,000 suppliers across the globe - the administration and control of purchasing was highly inefficient. Challenges • The Invenio P2P solution has now covers over 90% of UMG’s global business • More than 4,000 internal users are working successfully with the user-friendly • Better visibility on spending, leading to tighter budgetary control and more effective supplier management. • Improved supplier relationships through providing them with better visibility throughout the process. • The administration burden of the P2P process has come down, saving thousands of hours of administrative tasks for the business Solution Benefits
- 18. P2P Solution – the benefits 18 REDUCE internal admin costs
- 19. P2P Solution – the benefits 19 REDUCE internal admin costs IMPROVE global data accuracy
- 20. P2P Solution – the benefits 20 REDUCE internal admin costs IMPROVE global data accuracy INCREASE process compliance
- 21. P2P Solution – the benefits 21 REDUCE internal admin costs IMPROVE global data accuracy INCREASE process compliance IMPROVE supplier relationships
- 22. How does Prometheus compare? 22 INVENIO v SAP ARIBA Invenio P2P is: • Built on SAP NetWeaver technology. • “On-premise”: • No subscription costs. • Secure. • Single-tenant. • In-built into your existing SAP system. • Inherently flexible in design and process support. Supplier Relationship Management INVENIO v SAP SRM: Invenio P2P is: • More cost-effective. • Less complex. • Faster to implement. • More flexible in its SAP licensing model. • Mobile-ready for portal and authorisation processes.
- 23. A little bit about us 23 and who we are?
- 24. 24 SAP Gold Partner with extensive media industry expertise A little bit about us
- 25. 25 Innovative SAP industry solutions that help you grow and thrive A little bit about us
- 26. 26 Transparent pricing across all our engagements A little bit about us
- 27. 27 A 450 strong global team available to help wherever you are A little bit about us
- 28. Europe, Middle East & Africa Asia – Pacific UK - Global Headquarters 125 Wharfedale Road, IQ Winnersh, Reading, RG41 5RB, United Kingdom, Tel: +44 (0) 330 440 1800 Germany Kurfuerstendamm 21, Berlin 10719 Germany, Tel: +49 (0) 30 8870 61203 Mauritius Suite 1C, First Floor, Ebène Mews 57 Ebène, CyberCity Mauritius, Tel: +230 4642237 Asia-Pacific Regional Headquarters 3rd Floor, B Wing, Madhu Corporate Park Ltd, Pandurang Budhkar Marg, Worli, Mumbai 400 013, Tel: +91 (0) 22 660 44999 Delhi (Central Support and Administration) A201 2nd Floor, HL Wings MLU Pocket – 4 Sector– 11 Dwarka, New Delhi 110075, India, Tel: +91 (0)11 4222 8300 Hyderabad A Wing, Level 6, Melange Towers, Patrika Nagar, Madhapur, Hyderabad-500081, India Tel: +91-(0)-40-48189900 Pune The Senate, 2nd Floor, Vartak Heritage, 100 Ft Riverside D.P Road, Off Mhatre Bridge, Vartak Baug, Erandwane, Pune – 411 052, India, Tel: +91 (0) 20 67905959 /invenio-business-solutions @invenio_sap /user/InvenioSAP /invenio-business-solutions Thank You America USA Suite 1059, 6303 Owensmouth Avenue Woodland Hills, California 91367 USA, Tel: +1 818-917-8298 UAE DWC Business Center Dubai Aviation City-Logistics City Dubai, UAE, Tel: +971 561313537 Saudi Office # 113, SADA Business Center Opp. Al-Muhaidib Hotel, Wadi Awal Street, King Fahad Road, Kingdom of Saudi Arabia – Riyadh, P.O. Box 69806, Postal Code 11557, Tel: 00966114349707
Editor's Notes
- #29: Thank You Slide