Cut the cost of
The hidden costs of processing incoming invoices are frightening
on average between $50 and $80 per invoice! Pushing paper
invoices around your offices almost inevitably leads to
delays and late-payment penalties or missed early-payment
With IFS Applications 2002, you can use
IFS Personal Portal to streamline invoice approvals. Users
are alerted when an invoice arrives and reminded when the
payment date draws near. They can access details of the
invoice, including a scanned image of it; and approve payment
without needing any indepth knowledge of the financial systems.
Keep complex collaborative
programs on track
When a large and complicated project involves collaboration
with multiple partners and suppliers, administrative chores
multiply. It can be difficult to monitor quality and keep
the work on time and on budget especially when much if not
most of the work is being done out of house.
IFS Applications 2002 is designed to solve
just this kind of problem. IFS/Collaboration Portals™
give all parties your own project staff, partners and suppliers,
as well as your customers easy access to “to do”
lists, management data, performance measurements and project
documents. Information can easily be shared and updated
at all times.
Reduce your foreign
Doing business in multiple currencies is risky and expensive:
You’re exposed to fluctuations in exchange rates and
currency exchange fees. IFS Financials allows you to analyze
cash flows according to currency and make sensible decisions
to reduce costs, for instance, by hedging against exchange
rate fluctuations or by changing the currencies in which
you issue invoices.
Secure the resources
you need for new projects
In the early stages of planning a project, allocation of
skilled and qualified personnel is often a matter of optimistic
guesswork. It’s hard to get up-to-date details of
people’s skills, qualifications and availability.
Two new features in IFS Human Resources™,
“My Available Project Resources” and “Competence
Finder,” give planners access to reliable information
with which they can build sound project plans. You can instantly
find out who has the skills you need and if necessary, bring
people together to provide the right combination of skills.
You’ll know when people will be available, how much
they will cost and what gaps you have to fill.
in your maintenance organization
A large facility may have hundreds or even thousands of
engineers involved in service and maintenance activities.
Each person’s work is influenced by the activities
of others; each person needs access to manuals and documents
that may be in use by others. And scheduled activities are
always being overtaken by unforeseen events.
It’s not unusual for people in a
large maintenance organization to waste 50 percent or more
of their time searching for documents, waiting for one task
to be finished before another can be started or waiting
for parts and material.
IFS Enterprise Asset Management™
helps you cope with the complex dynamics of this environment.
Managers can use Gantt charts and other tools to schedule
interdependent activities and optimize resource usage. Engineers
can access up-to-date documentation electronically, instead
of chasing around for the manuals they need. And communication
via handheld computers and messaging to mobile phones helps
you cope with life’s little emergencies.