FIN03 - Weird and Wacky AP Processes

Wednesday, October 11
11:30 AM - 12:30 PM
Location: Canal B - Delta Mezzanine Level M

Format: Presentation
Level: Basic
CPE: 1
Version: Any

In this session we will discuss the different areas of Payables Management that can be automated, how to automate them, and the products available to do so.

Learning Objectives:

Mike McDowell

The Critter Catcher

A skilled executive with over 25 years experience in the operations and accounting field, 17 of those years as a Financial and Operations Officer. HIs primary focus is on automation, doing more work with less staff, and quality assurance, Since 2003 he has worked with Dynamics GP and was a founding member of the Great Plains User Group (GPUG). Mike is a past President of the GPUG Board (2012), the current Chairman of the Board (2015-2016) for the Association of Dynamic Professionals Exam Committe, and is frequently a speaker/instructor at GPUG and Microsoft events.


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Greg Hauenstein

Senior Account Executive

I love helping clients succeed - whether that involves going paperless, redesigning business processes, leveraging automation for the first time, extending other applications like Microsoft Dynamics, or creating new solutions with technology.

What Success Means
Clients' create success through the mutual exploration of real business problems or goals they have not been able to achieve themselves. The time spent with each other allows us to agree on what truly matters to the organization and move beyond discussions of features. A client’s success is realized when they can create a solution that generates measurable returns.

In the past 3 years, I have explored ideas for improvement with over 300 organizations. The solutions presented are unique to each client’s situation, involving different technologies to help them succeed. Clients have been able to realize over $18,000,000 in annual value through the application of these solutions. Some examples include:
♦ Creating an automated invoice processing solution to annually process $1.2 billion in payables and generate $10,000,000 in additional revenue capacity.
♦ Developing cloud document management strategies with multi-year investments of over $1,000,000 eliminating the need to store 30 years of employee files.
♦ Creating a new process with a national rental car agency to process tolls ensuring over $4,000,000 of annual revenue is captured and savings $840,000 a year in labor costs through systems integration and creating a seamless process from infraction to billing the customer.
♦ Eliminated $3,000,000 of compliance risk for a healthcare group using capture and process improvement technologies.


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