The Invoicing cycle gone web. The tangible benefits
In this post ( http://goo.gl/DhcEZp ) I have focused on the Invoicing Cycle and the paradigm shift that takes place when the enterprise utilizes a web-based ERP. I showed how specific business process steps within that cycle can be changed in order to invite customers “in”; make them part of the process instead of just giving them “data” or – worst yet – just an invoice at the end of the cycle. In this post I will continue discussing the same example and calculate tangible benefits , for each of the steps of the process. You’d better first go through the previous post to understand how each step is altered in a web-enabled ERP and then make the comparison with the numbers below.