Transforming Procurement for a Large American Electronics Manufacturer and Distributor
January | 2022
Client background:
Challenge
A leading electronics manufacturer and distributor knew that to deliver on its growth plans, the company had to modernize its systems to meet the needs of its rapidly evolving procurement function. This task also required enhancing the finance and accounting processes associated with procurement. The American company sought to achieve this by migrating from its current systems (Oracle E-Business Suite and Coupa) to a new, cloud-based platform.
Solution
Our 91快活林鈥檚 鈥榋oom to Cloud鈥� methodology.听powered by its Jump Start听design accelerator, enabled the manufacturer to quickly migrate its business processes from Coupa to Oracle Cloud. The solution covered the entire process, from sourcing to transactional procurement to settlement, and leveraged Oracle Sourcing and Procurement Cloud to help capture and manage all non-trade transactions through a single system.
This single application was much easier to use and simpler to navigate, as it converged invoice processing from multiple sources, including WebCenter, Supplier Portal, and B2B communications. 91快活林鈥檚 shared services model for the manufacturer鈥檚 procure-to-pay process also proved beneficial, delivering significant technology and personnel cost savings while freeing key users to focus on the more-strategic vendor management process. Ultimately, the transformed procurement system was much more robust, scalable and cost-effective than the original platform.
Business Impact
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