Order to cash final

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Dominic Telaro Director, Industry Solutions, I.B.I.S., Inc. Russ Goble Solutions Architect, I.B.I.S., Inc. February 12, 2013 Order to Cash

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Transcript of Order to cash final

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Dominic Telaro Director, Industry Solutions, I.B.I.S., Inc.

Russ Goble Solutions Architect, I.B.I.S., Inc.

February 12, 2013

Order to Cash

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Industrial Distribution Trends & Challenges

Market Trends• More Demanding Customers• Increased Competition• Greater Complexity of Supply Chain• Consolidation• Pressure from Amazon Supply

Operational Business Challenges• Demand, Pricing and Margins• Increase Operational Efficiency• Delivering Real-time, Actionable Information to

Employees, Suppliers and Customers• Building Brand Loyalty and Customer Satisfaction• Aging Work Force• Labor Intensive Business

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Informalsupported by manual processesInefficientIneffectiveresource intensivenot cost effectivenot user friendlylack of readily available information

Formalas per the office manual

Order to Cash

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Order Entry Approve Pick

ShipInvoiceMargins not Realized

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Order Entry

Promo Pricing

SPA

Approve Pick

ShipInvoiceCustomer Payment

Vendor Invoice• Charge Back

• SPA• Cost Deviation

• Rebates• Collection

Margins Realized

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Order to Cash

Margin realization is almost a misnomer in the Distribution industry!

Processes are weak at best Processes are manual with the assistance of Excel Best of Breed is clear but not applicable

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Margin Realization Use a Best of Breed process Include all pricing information at O/E process Must be automated Must be Auditable and Traceable Must be agile/fast Must be trustworthy!

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Demonstration