Respond to at least two of your peers with meaningful content.
1st students discussion
- What factors contributed to Novartis’s invoice processing being so complex?
Multiple countries and languages often requiring manual resolution by Novartis personnel, causing delayed payments.
- How did (information technology) IT help the company solve that problem?
A WAN server from EMC/Captiva which would help to connect those “600 business units operating through 360 independent affiliates in 140 countries around the world.” Also, invoice software from EMC/Captiva to extract paper document data, convert it to digital images and disseminate the data, regardless of language, to the Novartis’s accounting and management systems (ERP), thus automating the invoice process.
- What other uses and functions does InputAccelserve, and how will this be useful to Novartis over the long term? (You may want to visit the EMC/Captiva website,https://www.emc.com(Links to an external site.)(Links to an external site.), for more information on InputAccel’s )
“By accelerating the capture of invoices, businesses gain better visibility into their overall accounts payable process, allowing businesses to take advantage of early payment discounts that can provide significant cost savings.” (https://www.ecmconnection.com/doc/emc-captiva-inputiacceli-for-invoices-0001
2nd students discussion
1. The factors that contributed to the invoice process being so complex were the sheer numbers of business units(600) plus the independent affiliates(360) and the countries (140) it does business with around the world. All of these most likely have to have different invoicing procedures and processes.
2. IT were the the supermen in the equation(this is totally biased since i am a system administrator and i am one of the IT supermen). IT was able with the support of Novartis figure a way anyone working to invoice a company could invoice anyone. They took the nuance out of the crazy and vast numbers of invoices that were previously used and thus making it so there did not need to be only one person on group who dealt with invoices pertaining to countries or independent affiliates or business units. Now you could plug in the numbers and send the proper invoices to the proper place.
3. EMC Captiva primarily automates the capture of paper or electronic documents and then transforms them to digital information. EMC also provides Network attached storage for VMware virtualization systems. In the past EMC was the optimal way to run a VMware environment. with a VMware environment you can run a whole virtualized network so that you can cut costs of business by giving your servers more power and them moving from full client computers to thin clients ThinPCs and thus saving people a pretty penny in the long run. EMC and VMware have a ton more things they sell that help you run business and have the power to grow exponentially at the pace of your business.