I Receivables
I Receivables
I Receivables
Objectives:
to introduce iReceivables for potential savings in A/R billing and collections cost structure. to show how bill disputes can be autoprocessed, eliminating the need for paperbased claims. to show how iReceivables self-registration offers a robust and secure online access for customers.
Agenda:
1. Product Introduction 2. Typical users and uses 3. Salient Features 4. Simplified Dispute Processing 5. Secure online access without VPN 6. Multi-dimensional Savings 7. Q & A
Product Introduction:
iReceivables is a jet set, bolt-on module for Oracle Receivables. It reduces the cost structure of billing and collections by empowering customers as well as staffers of the deploying organization. The product requires minimum setups and has one of the quickest implementation paths.
Employee and Customers use iReceivables to Review, Print, Dispute and Pay their invoices online - as an on-demand service Internal staff like collectors, salespersons, and customer service representatives can use iReceivables, to review customer accounts and identify recent trends.
Salient Features:
1. Web Interface 24/7 access for Customers 2. Configurable Account Information pages 3. Online Aging information 4. Interactive Invoice and Statements 5. Multiple Customer Access 6. Payment by Credit Card / Bank Account
Salient Features..contd:
7. Self Registration for customers 8. Customer Search capabilities 9. Online Dispute launching and monitoring 10. Multi Print and Multi Pay functionality 11. Out of the box solutions for online payments integration with several vendors
Invoice Page
Dispute Processing
All Self Service applications including iReceivables that are accessible to external users via the internet require use of Demilitarized Zone (DMZ) protected with firewalls to ensure that only authorized traffic is allowed to cross firewall boundaries.
Multi-dimensional Savings:
1. Customer Support Services
Customer can view, examine and print their own invoices results in drastic reductions in customer services calls volume.
Multi-dimensional Savings:
2. IT Services Self-Registration features relieves IT services from creating new EBS user accounts and password. If self registration is successful, this initiates the HZ User Creation workflow to validate and automatically create user records in EBS.
Multi-dimensional Savings:
3. Accounts Department Customer can enter information about the dispute. Once the user submits the dispute, the system creates a credit (CM) request. Approved CM get applied to Invoices automatically. This automated process relives Accounts department from entering and maintaining paper based disputes and avoiding lengthy correspondence and delayed responses.
Multi-dimensional Savings:
4. Collection Department Customer can check aging information online and tend to Pay their invoices more promptly. Online Payment facility allows collectors for speedier collections as now a customers can pay online using credit card while on the call with a Collector.
Multi-dimensional Savings:
Time savings by Accounts Dept. Time savings by Customer Services
Questions? Comments?
THANK YOU
Ajaz Ahmed ERP Solution Architect / Lead Functional Analyst Royal College of Physicians and Surgeons of Canada [email protected] Tel. 613-730-8177 | ext 156 www.royalcollege.ca