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KARYA Technologies Case Studies - AR Auto Receipt Matching

Enterprises throughout the world adopt Business Management Solutions like Oracle E-Business Suite to consolidate and enhance Business Process Integration & Analytics. A robust and well-knitted ERP, the Oracle E-Business Suiteenhances organizational competitiveness by providing best practises to transact, monitor and control business.

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KARYA Technologies Case Studies - AR Auto Receipt Matching

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  1. AR Auto Receipt Matching KARYA Technologies is a comprehensive Global Enterprise Solutions Provider and System Integrator. We deliver world-class Enterprise Solutions to our global clients within optimal Time and Cost. Problem Solution Result • AR The balance Reconciliation delayed process in spite EBS 12.1’s was more sequence based than invoice based. Days Sales tracking was Outstanding and always of the KARYA Recommended EBS 12.2.5 AR Auto Receipt Application which supports two new methods for improving the automatic receipt matching for their cash receipts reconciliation reduced by 20% time AR a • Increased efficiency reducing intervention Operational 40%, manual AutoCash Rule, as it by by • The first method generates a score for the receipts and applies the receipt based on the score threshold • Enabled period closure and cash flow statements This Receipts This increased their unapplied Amount continuously requiredmanual attention. resulted in unexpected sometimes. Near on-time matching • The second method uses a kind of heuristic based approach known as knap sacking the receipt amount to be applied and the Customer’s transaction and This also attributed to delay in AR reconciliation process, closure and cash flow statement generation period open Industries Infrastructure Office address: KARYA Technologies Inc. 1240 Normandy Dr, Blue Bell, PA 19422, USA Phone: (215) 583 4456 www.karyatech.com

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