Oracle WebCenter for TIBCO Software
TIBCO Software Achieves Cost Savings by Automating Invoice Processing with Oracle WebCenter
TIBCO Software’s manual invoice processing was inefficient, labor intensive, and time-consuming. Accounts Payable (AP) resources were utilized to manually enter more than 50,000 invoices into Oracle E-Business Suite (EBS). It quickly became necessary for TIBCO to reduce invoice processing time and costs with AP automation. They also faced a strict timeline as the Flash component of Kofax MarkView, TIBCO’s legacy application, would be de-supported at year-end.
TIBCO looked at two options to meet their needs: Upgrade MarkView or move to Oracle WebCenter. TIBCO selected Oracle WebCenter to automate business processes and reduce manual data entry, specifically by:
AST did a fantastic job in implementing OWC (WebCenter), replacing the existing Kofax (MarkView) application that was on life support and was to become obsolete in December 2020 (due to Adobe Flash dependency). Considering OWC as a tightly integrated add-on for our existing Oracle application portfolio, we had very high expectations for the new system. AST was able to enable OCR processing along with very detailed workflow approval custom requirements, including an imaging data conversion exercise from the MarkView platform to OWC in a very seamless manner. Overall, It was a great team effort and AST pulled off this implementation successfully within 16 weeks.
Mohit Sood Sr. Manager Enterprise Applications, TIBCO Software Inc.AST did a fantastic job in implementing OWC (WebCenter), replacing the existing Kofax (MarkView) application that was on life support and was to become obsolete in December 2020 (due to Adobe Flash dependency). Considering OWC as a tightly integrated add-on for our existing Oracle application portfolio, we had very high expectations for the new system. AST was able to enable OCR processing along with very detailed workflow approval custom requirements, including an imaging data conversion exercise from the MarkView platform to OWC in a very seamless manner. Overall, It was a great team effort and AST pulled off this implementation successfully within 16 weeks.
Mohit Sood Sr. Manager Enterprise Applications, TIBCO Software Inc.AST’s efficient implementation of Oracle WebCenter for AP Automation has led TIBCO to achieve streamlined, cost-effective invoice processing. AST successfully transformed the client’s Accounts Payable processing with automation in just 16 weeks, leveraging a shared, enterprise-level infrastructure built on Oracle WebLogic.
AST implemented a global, multi-currency WebCenter AP Automation solution for 24 countries with Optical Character Recognition (OCR) capabilities and EBS approval workflows.
TIBCO’s digital transformation has resulted in the following key benefits:
AST’s expertise in AP Automation and Oracle WebCenter has enabled TIBCO to successfully eliminate manual entry and paper processing, while accommodating complex global business needs at a significant cost savings.