To increase transparency in decision-making, we developed a mechanism for prioritizing planned payments when creating documents and periodically (on actual delay).
The basis for monthly cash flows planning was an application for the first level payment - preliminary allocation of funds (PAF), for weekly planning - an application for payment of the second level - allocation of funds (AF), for day planning - the final application for payment, the request for an advance payment (RAP).
We achieved an improvement of control over current payments due to the refinement of the existing payment management functionality, namely, the development of manual payments control (without Purchase Order / Invoice) and changes in the processing of PAF, AF, RAP, as well as the development of a super-budgetary RAP-based payment mechanism.
We automated reporting and analytics:
- Developed a report "Payment Calendar" in ERP
- Developed a report on extra-budgetary payments in ERP
- Developed an analytical report "Payment Calendar" in SAC with the result simulation ability
- Implemented data loading into BPC / SAC
- Developed an analytical report "Flows by day" in SAC
- Developed an analytical report on direct flows in SAC
- Created PC Dashboards
An increase in the process efficiency for the user was facilitated by the development of the automatic creation of PAF for Invoice (refinement of multiple invoices selections, mass processing in the existing functionality), the development of a program for transferring unpaid RAP to the next week and the removal of unpaid RAP of the past month, the development of loading PAF, AF by income, development of the program for automatic AF creation, development of data entry forms in SAC.