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SAP Mid-Month Go-Live: Got the T-shirt

November 10, 2010 By 2 Comments

Conventional wisdom says you don’t go-live with SAP financials in the middle of the month (strictly speaking I should say the middle of the accounting period, but I’ll say month as a generic term for the posting period).  I recently went through a mid-month SAP financials and logistics go-live and so far it has been a success.

Initially the project team had the expected you-can’t-do-that reaction when the idea of a mid-month go-live was suggested.  We took three main steps to determine whether or not we were crazy or had a viable go-live option:

  1. We asked SAP.  As one of the main participants on the project we got them to do an internal review with some platinum consultants with the objective of telling us why we could not go-live mid-month.
  2. We asked our project team, both client and consulting resources.  Again, the goal was to tell us why we couldn’t do it.
  3. We Googled like maniacs to find something to support and justify the conventional wisdom.  We failed to find anything substantial that would deter us.

Armed with the conviction that there was no reason we couldn’t go-live mid-month we set about defining the details of how we would pull it off.

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Cforia Webinar July 23, 2009 – Improve SAP Accounts Receivable Visibility

July 15, 2009 By Leave a Comment

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Learn how to increase visibility of your company’s accounts receivables.

Most SAP implementations do not provide good visibility into one of the most important assets that your company has, namely your accounts receivables portfolio.

Join Cforia on Thursday July 23, as Cforia Software shares a business improvement process that will help your company improve its receivables visibility.  This will allow your company to implement improved Accounts Receivables workflow.

Attend this webinar to learn the benefits of, and guidelines for maximizing visibility into your AR portfolio:

  • Know exactly how many calls, letters and the AR metrics contribution of every Collector in your organization.
  • Creation of an audit trail that tracks customers calls, correspondence and outcomes.
  • Track credit approvals, and chargeback authorizations.
  • Use root-cause analysis to troubleshoot chargebacks.
  • Streamline end of month Cash Forecasting so that it is completed in minutes, without manual spreadsheets.
  • Have excellent visibility into how your Business Process Outsourcer (BPO) is handling your account.

A practical demonstration will show how Automation Tools can help your receivables department reach increased levels of visibility.

Click here to register

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Cforia Webinar July 22, 2009 – Credit, Collectons and Chargeback Automation Project Planning

July 15, 2009 By Leave a Comment

Cforia Software LogoLearn how to increase your Credit Department’s value through
automation and process improvement.

Many companies are looking for answers to help them adapt to the current economic environment.  Your customers are requiring more contact to pay on time, while your management is requesting reduced head count and better cash forecast reporting.

Join Cforia on Wednesday July 22nd as they along with Quote to Cash Solutions (Q2C) present a credit, collections and chargeback automation project planning template that will maximize cash flow and improve customer satisfaction through improving Accounts Receivables Departmental productivity.

Attend this webinar to lean how to create a successful project plan to automate Credit, Collections & Chargebacks.

  • How to determine what is ripe for automation in “Your” company.
  • Deciding the best approach and calculation “ROI”.
  • Effective implementation.
  • The advantages of:
    • Process integration
    • Credit scoring
    • Automating the collections and dispute management process.
  • A checklist of tools to look for

The formal presentation will be followed by an open Question and Answer session.

Click here to register for the Cforia webinar.

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Cforia Webinar June 24, 2009 – SAP Receivables Collection Prioritization and Automation to Maximize Cash Flow

June 11, 2009 By 1 Comment

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Learn how prioritization of your company’s receivables will increase cash flow.

Most SAP Implementations do not provide prioritization and automation of the receivables collection process.

Join Cforia Software on June 24, 2009, as they share a business improvement process that will help your company improve its receivables management to drive down DSO and delinquency rates without increasing staff.

Attend this webinar to learn the benefits of, and guidelines for prioritizing and automating every action taken throughout your Receivables and Deductions departments.

  • Learn why report driven workflows cause loss of productivity through decreased automation
  • Serve up data to your Receivables Department that allows them to immediately identify the highest priority items
  • Avoid that productivity hit associated with working on muliple systems, and how to avoid the time burner
  • The cost of not converting legacy data into SAP, and what to do if it is too late
  • Raise Collector productivity and Cash Flow by calculating and prioritizing the correct amount to ask for

A practical demonstration will show how Automation Tools can help your receivables department reach increased levels of efficiency.

SAP Receivables Management Prioritization Webinar Registration Page

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Cforia Webinar June 18, 2009 – Lockbox Auto Cash Mangement and Application

June 10, 2009 By Leave a Comment

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Learn how effective cash mangement automation can free up finance resources from manual keying of lockbox data.

Many SAP, Oracle, JD Edwards, PeopleSoft, Baan and Lawson implementations do not provide robust auto cash management and application funtionality.

Join Cforia Software on June 18, 2009 as they and Cashbook Limited share a business improvement process that will help your company achieve auto cash application rates in excess of 90% to increase productivity and accuracy.

Attend this webinar to lean the benefits of, and guidelines for significantly improving your company’s cash management.

  • How to achieve straight through processing from Lockbox files into your ERP system
  • Automatically handle customer provided remittance files including EDI, XML, Excel, Scanned and Hard Copy
  • Automatically reconcile bank statements to your ERP system’s General Ledger
  • Work transparently with multiple currencies
  • Use elctronic payments to reduce cost and increase transactional accuracy

A practical demonstration will show how Automation Tools can improve cash management.

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Cforia Webinar May 20, 2009 – Learn the Benefits of tracking SAP Clean and Dirty Receivables Separately

May 1, 2009 By Leave a Comment

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Most SAP Implementations do not track clean (uncontested, high collection probability) and dirty (invoice line items subject to deductions and disputes) separately.

Cforia Software shares a business improvement process that will help your company better understand the meakeup of your Account Receivable Portfolio and improve the financial performance at the same time.

Attend Cforia’s webinar on May 20, 2009 as Chris Caparon, Vice President Professional Services, discusses the benefits of, and guidelines for seperately tracking clean and dirty receivables.

  • Improve Cash Forecast Accuracy
  • Avoid over statement of New Receivables Value
  • Address auditor concerns about valid long term receivables by a means other than automatic write off’s
  • Handling of Litigation Accounts
  • Raise collector productivity and Cash Flow by calculating and prioritizing the correct amount to ask for
  • Seed up routing to the Deductions Department and increase recover rate

A practical demonstation will show how Automation Tools can track Clean and Dirty Receivables separately.

Click Here to View Replay

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SAPInsider Financials 2009 Show

March 17, 2009 By

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DataXstream will be exhibiting with Cforia Software at the SAP Insider Show in Las Vegas, March 17 – 20th. Come and see how Cforia Software can improve your company’s financials.

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