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Published on: March 2008
Type of content: WHITE PAPER
Format: Adobe Acrobat (.pdf)
Length: 8 pages
Price: FREE

Overview:
A fully optimized order-to-cash process allows for near-automated purchase orders, timely shipment notification, and electronic invoicing and payment, all of which will reduce supply-chain costs and in turn increase profit margins. With this detailed information, you can determine the best areas to focus your automation efforts. The following transaction detail is based on industry averages inputted into the B2B Automation Savings Calculator and represents the estimated expenditure for processing manual documents and transactions related to the order-to-cash or purchase-to-pay process. According to a commissioned study conducted by Forrester Consulting, companies that automate core business processes can realize between 20-50% cost savings. This is a large range and results will likely vary by company; therefore, your potential savings has been calculated at intervals of 50 percent, 35 percent and 20 percent.