For example if a vendor has 2/10 net 30 payment terms the bot could know to pay on the 10th day. However, with automation there are now opportunities to further increase the benefits like improving cashflows by paying on the optimized day per the payment agreements. The primary benefits are around the increased speed of processing, and the reduction in errors. In the process diagram below you can see the flow of the process and when Intelligent RPA has been used to automate the highly repetitive segments of this process.īy automating a process like this which previously involved a large amount of manual effort, there are multiple benefits. Then once the invoice is posted to Ariba the bot can then email the AP team and the vendor if necessary. Then once the invoice document is received as a PDF a bot can scan that PDF invoice and use optical character recognition (OCR) to scan the document for the necessary details. The bot that NTT developed uses the outlook integrations as well as image recognition to automate the receiving process and update the good receipt to confirm the order was completed. This ability to reuse existing work is a great way to increase ROI on process development because it can eliminate rework and accelerate project development. This existing workflow was added to the process and allowed the bot to process invoices in a variety of formats. The team was able to accomplish this by leveraging existing NTT workflows for document scanning. Large, highly repetitive tasks are perfect candidates for automation with Intelligent RPA, and NTT designed a bot that is capable of processing invoices from a variety of vendors with a variety of formats. The invoicing process can generally involve manual data entry or manual data verification which at the scale of a large business can become a large and highly repetitive task. The group worked to develop a bot to handle the source to pay process. In our seventh post we will spotlight the use case from NTT Data. I have been writing a series of spotlights for the use cases presented in that Hackathon, you can find links to the other blogposts at the bottom of this post. This Hackathon challenged partners to design and develop a use case for automation with Ariba. You can view the summary of that Hackathon in this blogpost from the Co-Innovation Lab. The other sites in the rest of the world, will be activated in the course of 2024.In December of 2020 we had a Hackathon with SAP partners that was focused on using SAP Intelligent RPA with SAP Ariba. Downstream: The modules supporting the procure-to-pay process are enabled for Umicore’s Belgian, German, Danish, Polish, Finnish and French sites.Other countries will be activated in the course of 2024. Upstream: The SAP Ariba modules supporting the source-to-contract process is implemented since mid of February 2022 for suppliers collaborating with sites located in Belgium, Germany and Denmark.The following provides a more detailed overview: We are gradually moving with our suppliers to SAP Ariba. Suppliers will be invited to connect with Umicore through the SAP Ariba platform. This improves compliance and makes it possible to do business anytime, anywhere and on any device. Through SAP Ariba, suppliers and buyers are able to connect and do business with each other on an online platform. Umicore will use SAP Ariba to manage sourcing, contracting, ordering and invoicing. Umicore has implemented the SAP Ariba platform to digitalize its source-to-contract and procure-to-invoice processed and enable a best-in-class procurement organization. Digitalization of Indirect Procurement process
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