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5 Ways to Reduce Costs with PDF Integration

5 Ways to Reduce Costs with PDF Integration

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PDF is the global electronic format for sending and receiving purchase orders, invoices and shipping documents, and automated PDF processing can be critical for your business. This Babelway webinar explores how PDF integration can quickly improve business processes and reduce costs, along with key aspects to consider before implementing PDF integration, including technical and legal details.

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Page 1: 5 Ways to Reduce Costs with PDF Integration

5 Ways to Reduce Costs with PDF Integration

Page 2: 5 Ways to Reduce Costs with PDF Integration

Agenda

• Introducing Babelway

• Key Reasons to Deploy B2B integration

• What is Automated PDF Integration

• The Benefits of Automated PDF Integration

• Use Case: How to Achieve Integration

• Q&A

• Introducing Babelway

• Key Reasons to Deploy B2B integration

• What is Automated PDF Integration

• The Benefits of Automated PDF Integration

• Use Case: How to Achieve Integration

• Q&A

Page 3: 5 Ways to Reduce Costs with PDF Integration

About

INNOVATOR in B2B integration software

Founded in 2007 in Belgium

STRONG AND HEALTHY GROWTH

12 people

Over 200 customers

Over 500.000 messages every month

Page 4: 5 Ways to Reduce Costs with PDF Integration

Our business: B2B integration

B2B Integration is the activity of automating the exchange of data and documents between companies, so that they flow automatically from one company’s IT

system to another’s. Partners need to agree on a communication protocol (ex: FTP) and a message format (ex: PDF).

B2B Integration is the activity of automating the exchange of data and documents between companies, so that they flow automatically from one company’s IT

system to another’s. Partners need to agree on a communication protocol (ex: FTP) and a message format (ex: PDF).

Page 5: 5 Ways to Reduce Costs with PDF Integration

Our difference:

Babelway is an integration platform that enables users to build exchanges with their partners in a self-service mode, using any protocol or format. Users maintain full control over their environment, but can access the platform via web browers

without any software to install

Babelway is an integration platform that enables users to build exchanges with their partners in a self-service mode, using any protocol or format. Users maintain full control over their environment, but can access the platform via web browers

without any software to install

Page 6: 5 Ways to Reduce Costs with PDF Integration

Poll

How many PDF invoices and other PDF documents do you need to process each year?1.0-100

2.101-1000

3.1001-5000

4.5001-10,000

5.10,000+

6.I don’t know

How many PDF invoices and other PDF documents do you need to process each year?1.0-100

2.101-1000

3.1001-5000

4.5001-10,000

5.10,000+

6.I don’t know

Page 7: 5 Ways to Reduce Costs with PDF Integration

The ideal solution for B2B integration

Integration is a business process: instead of an IT project, in which business lacks controlIntegration is a business process: instead of an IT project, in which business lacks control

11

Always up-to-date: instead of a solution that does not complywith the latest technology or regulations

Always up-to-date: instead of a solution that does not complywith the latest technology or regulations

22

No ‘No Man’s Land’: instead of a solution requiring anintermediary for integration and message tracking

No ‘No Man’s Land’: instead of a solution requiring anintermediary for integration and message tracking

33

Independent from partners: instead of a solution imposed byyour partners that does not fit your business needsIndependent from partners: instead of a solution imposed byyour partners that does not fit your business needs

44

Low cost: instead of a solution requiring high investment in internalsoftware and IT resourcesLow cost: instead of a solution requiring high investment in internalsoftware and IT resources

55

Page 8: 5 Ways to Reduce Costs with PDF Integration

What is automated PDF integration?

PDF integration refers to PDFs received from trade partners that go directly into your ERP or accounting system

PDF integration refers to PDFs received from trade partners that go directly into your ERP or accounting system

Page 9: 5 Ways to Reduce Costs with PDF Integration

Why PDF over other formats?

Simple to generate, sign, share and receive Simple to generate, sign, share and receive 11

Difficult to modifyDifficult to modify22

Intuitive and user-friendly alternative to paperIntuitive and user-friendly alternative to paper33

Well-known, bringing supplier confidenceWell-known, bringing supplier confidence44

PDF invoices via email are the global standard PDF invoices via email are the global standard 55

Page 10: 5 Ways to Reduce Costs with PDF Integration

Why automated PDF integration?

The Accounts Receivables Network, “Benchmarks: Billing Practices,” 2010.

Page 11: 5 Ways to Reduce Costs with PDF Integration

Manual vs. automated PDF processing

Manual

Automated

ERP/ Accounting Systems

Page 12: 5 Ways to Reduce Costs with PDF Integration

Automated PDF processing with archiving

Automated withArchival

ERP/ Accounting Systems

Page 13: 5 Ways to Reduce Costs with PDF Integration

The benefits of automation

Cheaper and fasterCheaper and faster11

More accurate More accurate 22

AutomaticAutomatic33

No explicit trade partner agreements requiredNo explicit trade partner agreements required44

Archive Archive 55

Page 14: 5 Ways to Reduce Costs with PDF Integration

Use Case

Page 15: 5 Ways to Reduce Costs with PDF Integration

Use Case

The electronic file is then submitted to the Exact platform. This enables to receiver to see a PDF representation of their supplier’s invoice, as well as automatically

populated fields, which the accountant can edit manually if necessary

The electronic file is then submitted to the Exact platform. This enables to receiver to see a PDF representation of their supplier’s invoice, as well as automatically

populated fields, which the accountant can edit manually if necessary

Page 16: 5 Ways to Reduce Costs with PDF Integration

What’s holding you back?

EDI seems too expensive and complex

EDI seems too expensive and complex

Full automation would require

many new channels

Full automation would require

many new channels

I’m still unsure about legal

requirements

I’m still unsure about legal

requirements

Page 17: 5 Ways to Reduce Costs with PDF Integration

There are important considerations

Automated PDF integration may not be appropriate if:

•You regularly need to exchange complex data, and require a full EDI solution•You exchange a very low volume of PDF documents (1-2 times per year)•You have a comprehensive EDI solution in place with your trade partners

Automated PDF integration may not be appropriate if:

•You regularly need to exchange complex data, and require a full EDI solution•You exchange a very low volume of PDF documents (1-2 times per year)•You have a comprehensive EDI solution in place with your trade partners

Page 18: 5 Ways to Reduce Costs with PDF Integration

Legal requirements

AuthenticityAuthenticity11

IntegrityIntegrity22

ReadabilityReadability33

Secure archivingSecure archiving44

Opt-inOpt-in55

Page 19: 5 Ways to Reduce Costs with PDF Integration

Babelway can help!

Babelway offers an external service that

translates all PDF documents into an XML format, with no charge for creating these new

channels

Babelway offers an external service that

translates all PDF documents into an XML format, with no charge for creating these new

channels

Babelway is fully compliant with European

regulations, and guarantees the integrity

and authenticity of all documents for senders

and receivers

Babelway is fully compliant with European

regulations, and guarantees the integrity

and authenticity of all documents for senders

and receivers

Babelway’s archiving system is automated and fully secure, storing both

an EDI version and readable version of your

document

Babelway’s archiving system is automated and fully secure, storing both

an EDI version and readable version of your

document