The FD Centre has now automated the process of raising invoices/credit notes and increased its reporting capabilities.
“The first benefit received is the saving of time. From a finance perspective, having automated the billing process, we are saving around three to four days a month in the UK alone. Once each country is added, I believe we’re going to save a month of an individual’s time. I estimate it will save us around £50,000 per annum in time/monetary savings. The system will ultimately pay for itself,” revealed Wayne Smith, Financial Controller, The FD Centre.
Codeless Platforms’ dedicated portal for SAP Business One provides organisations with the ability to easily build and/or deploy a portal solution that provides users with a single point of access to company data held within SAP Business One. With the addition of BPA Platform, all business systems can be integrated allowing for the automation of data transfers.
“The biggest issue we had was each month-end we had to download the CSVs from Calypso (an old custom billing system), doctor the information and then upload each sales and purchase invoice into SAP Business One via Data Transfer Workbench. That used to take a lot of time to complete; that was the main issue we faced. Following the build, all invoices are now automated within the system, which allows us to control data,” said Smith. “The other thing which took an inordinate amount of time was maintaining a list of customer receipts and which financial director (FD) or regional director (RD) invoices needed to be paid. The system links a sales invoice to FD/RD invoices and automatically unblocks FD and RD invoices once sales invoices are marked as paid, from within SAP Business One.”