1. SeefinDM with technology partners DCS –
Financial Solution Services
Integration with Financial Systems – Life can get
easier
2. Seefin Data Management
EXECUTIVE SUMMARY
Seefin Data Management Ltd will act as
an outsource facility, providing a
complete data management service to
our clients. Our services will add value
to our clients existing set up working to
pre-determined schedules deadlines
and costs without compromising quality
or accuracy
3. DCS Company Overview
Mission Statement
Develop technology which enables our customers to
evolve from the use of paper documents to
electronic transactions and gain the full benefit of E-
Commerce.
4. Applications
Receivables
Digitising Sales Delivery Dockets
Payables
Digitise Purchase Invoices and Electronically Approve them to
company rules
Purchasing
E-Procurement tool with requisitioning rules
Sales Invoicing
Low volume ad-hoc
Contracts and RFQ’s
In-tend relationship and Simple RFQ
5. User’s of DCS P to P Applications
Schroders
Leeds Bradford Airport
TG4
Ofgem
Regional Education
Authorities Ireland
(250 Schools/Colleges)
UK Colleges
Housing Associations
Greenstar
Readymix
Spring Grove Services
Greenstar NA
Talbot Underwriting
Some of our customers…
Over 70 Sites implemented and over 250 Locations using the
DCS Portal Solution.
6. DCS Value Add
Experience
Proven Solution with Scalable platform
Seamless Integration with all existing finacial
Software applications
Structured Implementation
Best Practice Model
Industry Knowledge
No upfront cost – Pay per unit processed
8. DCS Purchase To Pay
Applications
Accounting
System
DCS Purchase Management DCS Invoice Management
Requisition
Approval
Order
Delivery
Confirmation
Delivery
• Invoice Scan/ OCR
Invoice Review, &
Matching
Invoice Approval
Accounts Payable
• Data LoaderE
n
v
i
ro
n
m
e
n
t
Purchase Order
(XML,Fax,E-mail,Print)
(XML, CSV,
Spreadsheets,
EDI)
Payment Approvals
9. Reporting Module
Requistion To Issue
Elapsed Time
0.0
5.0
10.0
15.0
1 2 3 4 5
Week Number
ElapsedDays
Maximum
Average
Minimum
Orders Raised By Type Of
Supplier
0
50
100
150
200
250
1 2 3 4 5
Week Number
TotalOrders
Off-
Catalogue
Total
Sourced
Approved
Suppliers
Preferred
Suppliers
Contracted
Suppliers
Invoices Matching
Successfully
0
200
400
600
800
1000
1200
1400
1600
1 2 3 4
We e k Numbe r
TotalInvoices
No P.O. No.
On Invoice
Code
Missing
Authority
Missing
Price
Mismatch
Quantity
Mismatch
Order
Missing
Matched
First Time
Percentage of Orders
Requiring Further Approvals
0%
50%
100%
1 2 3 4 5
Week Number
Purchasing-
Approved
Line-
Approved
Self-
Approved
Spend By Supplier
Category
-
20,000
40,000
1 2 3 4 5
Week Number
TotalSpend
in£
Contracted
Preferred
Approved
Other
Off-
Catalogue
10. Integration to Accounting Systems
• Integration through additional option that is easy to use
and keeps audit trail
• Integration Points
Accounting Ledger Files
Order/Invoice
Processing Steps Actual
Hard
Commitment
Soft
Commitment
Requisition Raised
Requisition Approved
Purchase Order Placed Posted
Dispatch Note Rec'd
GRN Raised Posted Reversed
Invoice Entered
Invoice Matched
Invoice Approved Posted Reversed
Posted
O
P
T
I
O
N
A
L
O
P
T
I
O
N
A
L
11. Benefits enjoyed by our Customers currently
using the DCS Solutions
• Local visibility of spend enabling Manager control budgets more
effectively
• Improved visibility and Audit control
• Significant reduction in the time taken to prepare accounts
• A single consistent approval process has been implemented the
entire Purchase to Pay process that everyone understands
• The removal of paper between the offices/sites and the Head
Office
• Reduction in the time it takes to process orders and invoices
• Paperwork no longer gets lost or delayed Commitment
Accounting
• No lost invoices = reduction in late payments
13. Invoice Process Benefits
Over head reduction – Pay per Invoice
Processed only.
Fixed licence & maintainence cost
No lost invoices = reduction in late
payments
Auditable Approval Process
Reduction in Data Entry & Duplication
14. Process Benefits
Faster processes
- process step reduction: 10%-40%
- cycle time reduction: 40% - 80%
Better processes
- Manager friendly
- Accurate & Timely Reports
15. Purchasing Benefits
Harder on Costs
- Eliminate Maverick Buying
- Improved Discounting
Process cost reduction
Hidden factory Costs
Compliance with Purchasing Guidelines
Catalogues
16. Reporting/Control Benefits
Commitment Accounting = Visibility
Automatic Accruals
Transparent Control – System Manages
Process Steps
Traceability Request through to Payment
Ability to answer queries quickly
Speed = Accuracy
17. Other Seefin Services
Expenses in a bag – post us your expenses and you
receive back a file with associated scanned images – ready
for approval.
Non Standard Payroll – SeefinDM process your
time sheets and return your payment file and exception
report – in 36 hours.
Data Capture – from Application forms,
Questionnaires, Stock control sheets etc.