To compete, managers at all levels are acutely aware that they must make smarter decisions and quickly take action.  However, many lack the insight they need to make key decisions and are depending on hope that they have made the right ones. But as we know, hope is not a strategy. The statistics below were taken from a recent survey conducted by Accenture:

• 42% of managers use wrong information at least once a week
• 59% of managers miss information they should have used
• 47% of users don’t have confidence in their information

It’s not that they lack the data, but rather they lack the means to derive meaningful information when it’s needed – the right information at the right time in the right place. All areas of business are affected. There is also a need to further analyze this information to uncover new opportunities to grow revenue and reduce costs.   Solutions are available to provide this information both for the business process itself and from business intelligence (BI) solutions with vast reporting capabilities, but implementing these solutions alone is only part of the answer.  To quickly take action on opportunities, these solutions must provide real-time information at-a-glance – easily and quickly.

Dolphin Will Present Case Studies, Strategies and Proven Solutions for Accounts Payable, Cash Flow Optimization and Legacy Decommissioning

WEST CHESTER (March 11, 2010) – Dolphin experts and customers will show Financials 2010 attendees smart best practices, in-depth case studies and expert strategies for taking the time and cost out of accounts payable, accounts receivable and legacy systems migration. 

Financials 2010, March 16-19 in Orlando, offers case studies, strategies and education for teams that use, evaluate, deploy, and support SAP® solutions for financial management.  Learn about Dolphin’s solutions platform and talk to experts at booth #545.

Dolphin experts and customers will speak at the following sessions:

Key tips and techniques to optimize cash flow and working capital in SAP ERP Financials

Brian Shannon, Director of Business Process Automation, Dolphin

Wednesday, March 17, 4:00 pm – 5:15 pm
Business process optimization expert Brian Shannon uses real-world examples to illustrate how to automate and streamline organizations’ accounts payable and accounts receivable processes to optimize cash flow. The approach leverages standard SAP functionality, such as SAP Business Workflow and the SAP Content Server, to support organizations’ working capital needs. 

Shannon delivers proven tips to streamline the Accounts Payable process, reform Accounts Receivable cash bottlenecks, forecast cash flow and early pay discount opportunities, and improve the overall transparency and analytical capabilities of both of these critical working capital process components. In addition he discusses how to integrate existing Order-to-Cash or Procure-to-Pay processes and components seamlessly and will help attendees understand third-party solutions, such as e-Invoicing, OCR, Process Tracking Dashboard, Document Navigation, and Analytics that can help deliver automation and transparency to improve cash flow.

Bringing Home Accounts Payable to Gain Control of the Process

Dolphin customer with more than 150 plants worldwide.

Thursday, March 18, 11:45 am – 1:00 pm

Find out how this manufacturer tackled issues surrounding their outsourced accounts payable program by bringing these processes back in-house. Understand what deficiencies and gaps the current outsourced accounts payable and reporting solution created and how they developed an in-house process to resolve such issues. Hear firsthand details of the process they now use to address invoice receipt, workflow initiation, approvals and exceptions, posting, payments, and analytics.

Best practices for consolidating and retiring legacy systems without compromising access to important financial data and documents

Thomas Langner,  Product Manager-ILM Suite, Dolphin

Thursday, March 18, 11:45 am – 1:00 pm

Not all legacy environments are created equal. Dolphin’s Langner uses real-world examples to spotlight the tools and options available for system consolidation and legacy decommissioning, focusing on how to retain and manage critical historical financial data and documents while gaining significant cost savings by retiring and migrating data from multiple legacy systems to a single SAP global archive server. 

Attendees can visit Dolphin at booth #545 to learn about the Dolphin platform and talk with experts on business process optimization, information lifecycle management and legacy decommissioning.