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Oneoks Accounts Payable Journey Prior to 2010 oneok and oneok Partners accounts payable organization was decentralized, paper based and with a manual entry method Our vision of jos a bank coupon code august 2014 a best-in-class accounts payable organization included best online black friday clothing deals the following: Centralized structure Profit center versus a cost center Transition accounts.
In addition, it includes an ability for either buyer or supplier to propose an early payment date and discount for a one-time payment using electronic mail or specialized software.
2011 Discount Savings 1M11 2012 Ariba, Inc.
Now customize the name of a clipboard to store your clips.Finance Finance Collaborative Working Capital Collaborative Accounts Finance Management Procurement Accounts Payable Receivable Electronic Invoicing Discount Professional PO Automation Scanning Workflow Receivables skittles sweepstakes Finance Supplier Portal Matching Compliance P-Card Settlement Supplier Enablement IT IT Payment Automation Assessment Services Connectivity Services3 2012 Ariba, Inc.Name* Description Visibility Others can see my Clipboard.United States, home, dynamic Discounting for the Digital Economy.For the other targeted suppliers, Ariba has the largest team of professionals dedicated to targeting, onboarding, and supporting suppliers.Dynamic Discounting includes the ability to agree upon terms that vary the discount according to the date of early payment.Working Capital Tension Situation and Objectives of Buyers and SuppliersBuyers SuppliersHistoric Cash Reserves:.9T* Payment Terms StretchedLow Interest Rates: 0 -.3 Working Capital Tension Limited bank creditInvestor pressures for greaterreturns Low visibility into cash flowsSupply Chain Risk Cash flow is critical4 2012 Ariba, Inc.MC oneok: Ariba Rapid Ramp ROI Delivery.D.A range of concepts is available to implement dynamic discounting into supply chain finance (SCF dynamic discounting can be seen as a comparatively simple form, whereby the supplier grants a cash discount for early payment of its invoices the amount of the reduction and the.2nd we offer suppliers dynamic discounting, which aligns their need for cash with your cash use and savings objectives.Eureste oneok, Director of Treasury and Finance Matt Suggs Mediafly, Vice President Enterprise Sales2 2012 Ariba, Inc.Select another clipboard Looks like youve clipped this slide to already.Historically, its not always been easy to achieve arrangements that work for both supplier and buyer and because of practical problems, it hasnt always been easy for buyers to actually pay early.Upcoming SlideShare, loading in 5, like this presentation?Dynamic Discounting Metrics 900 indirect suppliers and 600 merchandise suppliers currently transacting on the Ariba Network Within the first 12 months, 92 of suppliers enable were transacting on the Ariba Network 100 suppliers participated in early payment discounts in 2011 Dollar Tree offers both dynamic.
Strategic Partner - ariba Currently in implementation phase of the following with expected go live June 2012 Invoice/PO automation Invoice professional Invoice conversion services Discount professional services (Rapid Ramp Service) started immediately after contract signing October 2011 First wave approximately 500 suppliers First calling campaign.
And 3rd, we expand the savings pie even by connecting you to nearly 1 million suppliers in the Ariba Network, many of whom you are already doing business with.