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Showing posts with the label Customer statement

Unleashing the Power of the Plex DCS: From Digital File Storage to Compliance Engine

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  For many manufacturers, the Document Control System (DCS) in Plex is hiding in plain sight. Every day, shop floor operators and managers click the familiar paperclip icon to attach drawings, work instructions, inspection forms, certificates, and other important files. Yet many organizations use only a fraction of what Plex DCS can do. When treated as a simple storage location, the DCS becomes little more than a digital file cabinet. But in a high-stakes manufacturing environment, document control should do much more than store files. It should ensure that the right people have access to the right revision, that approvals happen on time, and that obsolete documents do not remain in circulation. That is where Plex DCS becomes a powerful compliance and quality-management engine. Three capabilities in particular can significantly improve document-control matu...
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Automate the schedule of AR invoices and statements using the Plex ERP Document Delivery module.

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Manual invoicing and emailing of customer statements can be a time-consuming and resource-intensive process. According to a study by Skynova, most businesses handle up to 500 invoices each month and spend at least five days processing invoices .  The same study also found that 57% of invoice data is entered manually and 49% of businesses require two to three people to approve an invoice. These manual processes can lead to delays in payment and inefficiencies in the accounting process. Invoicing automation can help reduce the time and resources spent on manual invoicing. According to Skynova,Only about half of invoices (52%) are received electronically. The rest are paper invoices that need to be physically sorted, entered, and filed, adding additional steps to the invoice process. The following module in Plex manufacturing allows automatically delivery AR invoices and customer statements via email which can lead to improvement and reduce of the waste of resources associated by manu...
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