Quick Study:
Effectively Improve your DSO by using Document Imaging
March 10, 2010

Did you know that on average $250 in labour are spent on recreating lost documents and that on average 19 copies are made of each document?

This quick study sequence describes 3 areas where document imaging within SAP^® allows companies to improve their DSO:

1. Capture the outbound documents being exchanged with customers or freight service partners
2. Capture the inbound documents being exchanged between your organization and your customers
3. Improve your cash apps and collections processes

Read our Information Brief on how to accomplish an improvement in your DSO: Click HERE to download (no registration required).

Here is today's topic:

3 - Improve your cash app and collection processes: By electronically capturing the checks and remittances processed by the banks' lockboxes and making them available as electronic images, a cash apps clerk can apply a payment by keying off from an image. And this check and remittance image is ready for data entry the first thing in the morning. No waiting on a courier! This cuts down the time till the cash is posted and credit holds are lifted from new orders, resulting in a much quicker turn around from a sales order to the receipt of a payment. The job for customer service and collections agents can be made so much easier without having to contact various departments in order to locate original documentation.

KGS ContentServer4Storage has been specifically developed to satisfy the requirements of SAP^® data and document archiving needs. It is a unique solution in this field, fully SAP^® certified and able to cope even with the highest performance requirements on every operating system and with full integration into different storage and HSM solutions. The KGS product suite consists of the following products: KGS Migration4ArchiveLink, KGS DocumentRouter, KGS Activator, and KGS LabelPrint. The KGS document router integrates with providers of formatted output ensuring that your electronic documents are always linked to the corresponding SAP transactions and are only a click away!

SolutionXchg is the #1 reseller and implementation partner for KGS software in North America. The SolutionXchg team brings to you on average more than 15 years of SAP^®; and ECM consulting experience with a unique focus on quality of service and customer satisfaction.

Your Solution Exchange Team                       

www.solutionXchg.com