3 reasons to seek out AP automation at Collaborate 19

Your Oracle ERP is the ideal solution for recording, managing and protecting your organization’s financial data and operations. But is there more you could be doing to optimize finance processes?

By automating repetitive, manual tasks and centralizing access to critical documents that reside outside your Oracle application, you reduce costs. You also improve process speed, visibility and control.

The right approach will include intelligent automation capabilities and work with the Oracle technology you already have – even multiple ERPs – so your IT strategy remains intact. By integrating systems and connecting processes and documents with records in your Oracle ERP, you start working with your ERP instead of around it.

3 important reasons

As Collaborate 19 approaches, make sure to spend your time at the conference wisely to get the most out of your Oracle investment. While planning your agenda, here are three reasons why AP automation should be at the top of your list of technology trends to explore.

1. Because ROI is the VIP

When it comes down to it, potential ROI is one of the top evaluation criteria when you’re exploring technology solutions to complement your ERP. Make a point to join us on Monday, April 8 at 4:30 p.m. for “AP Automation: 3 Ways to Boost the ROI on Your Oracle ERP” for a deep dive into this very topic.

Integrating your Oracle system with AP automation creates the perfect technology combination to accelerate manual, time-consuming tasks and transform operations for your AP department. Hyland experts will share how you can build on your existing Oracle ERP investment to lower your AP department’s cost-per-invoice and increase invoice processing efficiency and visibility for your AP team.

2. Because your AP department should be profitable – really

As interest rates rise, companies are increasingly willing to offer a discount for quicker payment. In 2018, the average AP department left $3 million to $5 million on the table for every $1 billion in PO spend, according to the Institute of Financial Management (IOFM). In 2019, that bottom-line savings is projected to increase four-fold.

Automation is key to pursuing these financial opportunities because it enables AP to prioritize invoices and more efficiently process payments. Make sure to join us for “Why AP Automation is Your Best ROI Bet in 2019” on Tuesday, April 9 at 4:30 p.m. to learn why AP automation should be your next technology investment to maximize savings for your organization. Thought leaders from IOFM and Hyland will discuss hard dollar ROI, as well as integration capabilities with your existing Oracle system, that will turn your CFO and CTO alike into AP automation’s biggest fans.

3. Because magic will (literally) be in the air

Magic is making a big comeback – from the hype surrounding the most recent America’s Got Talent winner magician Shin Lim to the throngs of popular magical acts taking the stage in Las Vegas. Get in on the trend with a visit to the Hyland booth (#236) at Collaborate, where our featured magician will thrill, mystify and entertain on the show floor.

Afterwards, take a few minutes to watch a quick demo and see how Hyland’s AP automation solutions for Oracle technologies can help you achieve your own powerful and awe-inspiring digital transformation back home.

Explore everything in store at Collaborate 19 on our conference hub – and we’ll see you there!

Danielle Simer

Danielle Simer

Danielle Simer is a marketing portfolio manager at Hyland. Her mission is to share best practices and evangelize the power of enterprise content management (ECM) as a tool to automate paper-based processes and improve operations across accounting and finance, human resources, and contract management. Danielle joined Hyland after more than six years with a research and advisory firm devoted to helping senior executives manage their departments and teams more effectively. She received her bachelor’s degree from The Ohio State University and her MBA from Georgetown University’s McDonough School of Business.

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