Making a Real Impact on Your Bottom Line
By Lance Shaw on Mar 15, 2013
This week, we've been focusing on how your business can realize significant cost savings by implementing automated capture and imaging solutions within your existing processes. If you haven't already seen the screencast overview that illustrates the benefits of doing so, please take a look and share it with your colleagues at work. We think it will be 7 minutes of your time well spent.
To further peak your interest, today we want to highlight a couple of recent customer examples from those that have already started using Oracle WebCenter Content and Imaging solutions along with their e-business processes. The first customer that we will take note of is Texas Industries, or TXI. As a mid-size company that is a leading supplier of cement, aggregate and consumer product building materials, TXI is very decentralized with 100 plants across 5 states. Manual processing in many locations was proving very costly, to say nothing of the costs associated with managing, shipping and tracking of invoices and related documents.
After implementing Oracle WebCenter Imaging, they have reduced the number of invoices that have to be manually verified by over 25%, reduced their invoice cycle time from around 30 days to less than 5 and reduced their shipping and storage costs by 50%. Significant savings that helped TXI realize a fast return on their investment and fund further innovation.
Another company worth noting is Development Dimensions International, or DDI. As a leading provider of Talent Management and Learning Systems, DDI works with thousands of customers and individual clients. Enhancing back-end processes while securing sensitive content in a compliant fashion has paid immediate dividends. Since implementing Oracle WebCenter Content and Imaging solutions in conjunction with their Oracle E-Business Suite, DDI has seen an 80% reduction in the costs associated with technical support and service and reduced reliance on manual, paper-driven processes has helped them save 20% on storage and management costs.
With today’s budgets and expectation to be as efficient as possible, it behooves any size company that relies on back-end e-business systems to evaluate how those processes run today and what can be done to make them more cost-effective. Oracle WebCenter Content and Imaging solutions offer a powerful way to quickly realize cost savings be enhancing the systems you already rely on to keep your business running.
We hope you find this information informative as you look to improve the way your organization handles internal and external business processes. Thanks for visiting our blog and we hope to see you again soon!
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