Miria's Active Pay application automates accounts payable processes like invoice data entry using IBM's Datacap and FileNet products. It provides benefits like faster processing, reduced costs and errors, and increased accuracy. Active Pay is a cloud-based or on-premise solution that streamlines invoice processing for multi-location companies. Case studies show it can eliminate manual data entry, reduce costs, and integrate with ERP systems.
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Sales Play - Example 1
1. Quick Reference Guide for Mirias Active Pay
Leveraging IBMs Datacap and FileNet
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www.miriasystems.com 1 of 2
Mirias Accounts Payable
application is built on top of
IBMs Enterprise Content
Management (ECM) suite of
products: Datacap & FileNet.
It is comprised of two
components: Active Pay &
Active Mailroom
Active Mailroom employs
IBMs Datacap and it serves
as an automated mail room.
It essentially reads each
document (via scan, fax or
email) and intelligently
decides where it should be
routed and who will see it.
Active Pay leverages IBMs
FileNet, and it automates the
entire AP Process including
identifying vendors, locating
data in various formats, and
line item capture with no
programming required.
CFOs, Controllers and
Accounts Payable Managers
are seeking ways to reduce
the cost and time associated
with processing paper
invoices. In addition, the
manual data entry of
invoices is time-consuming
and prone to errors. Active
Pay is housed within a
central web portal and is the
perfect solution for multi-
location retailers who are
centrally managed.
This allows for streamlined
collaboration between the
various locations and its
headquarters.
Through our highly
configurable Cloud-based or
On-premise platform,
retailers are able to
automate any number of
invoices faster, and at an
affordable cost.
Faster Throughput - There
are many independent
studies that measures the
average number of invoices
that can be processed
manually by an AP operator.
A manual process delivers
only 20 invoices per hour.
However, benchmarking
against Mirias Active Pay,
we see a 244% improvement
up to 100 invoices per
hour.
Reduced Costs - By
automating the data entry
process, AP staff are able to
focus on high value tasks.
Reduced Errors - Clients
using Active Pay report the
elimination of data entry
errors (plus corresponding
reconciliation).
Flexible - Ability to input
data and invoices from
multiple sources including:
scanner, fax, email, e-Invoice
and mobile.
Dynamic Discounts - AP staff
can process invoices quickly
and accurately and therefore
negotiate early payment
discounts outside of
established payment terms.
Manual data entry slows
processing & turnaround
time and contributes to input
errors. This in turn causes
lost invoices or incorrect
payments. Most importantly
the manual process adds
significant cost to Accounts
Payable.
Active Pay, automates data
entry of key fields (and line
items), from invoices for
integration to ERP and
accounting systems. This
speeds data entry, raises
accuracy and enables the AP
staff to focus on high value
tasks. A typical 100% ROI
can be seen in 9 to 12
months. In addition, the
Accounts Payable team can
shift their focus to high value
tasks.
Overview
Target Profile
Value Proposition
Pain Points
Benefits
2. Quick Reference Guide for Mirias Active Pay
Leveraging IBMs Datacap and FileNet
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www.miriasystems.com 2 of 2
How many full time
employees are dedicated
to invoice data entry?
How many paper invoices
per day are you
indexing/processing?
Do you know what it costs
you today to process an
invoice?
Are you having trouble
keeping up with the
number of invoices you
are receiving?
Does your staff spend a
lot of time tracking down
missing or misfiled
invoices?
Are you expecting an
increase in invoices in the
future?
How many various
locations & approvers do
you have?
Miria is an IBM Premier
Business Partner. Our
solutions operate on top
of IBMs Enterprise
Content Management
(ECM) suite of products:
Datacap & FileNet.
By utilizing IBMs Datacap
& FileNet, there is no
expensive programming
to implement a solution.
The Datacap & FileNet
rules enable a business to
build simple to complex
workflow rules with a
simple point and click
interface.
Mirias Active Pay, is a
single integrated product
which offers robust
recognition, validations
and seamless delivery, all
on the same platform.
Active Pay is priced by
user, not by number of
invoices and/or
documents
QUAKER STEAK & LUBE
A Restaurant Chain with 25+
locations in the U.S.,
processing 25,000 invoices,
per year and 27 users.
Implemented:
Active Pay
Active Mailroom
Integrated with:
MenuLink Inventory Data
System
MAS90 Accounts Payable
System
The Result:
Eliminated Manual
Double-Entry
Reduced Shipping &
Handling Costs
Provided Real-Time
Visibility of Inventories
and Spend
CARAUSTAR
A Manufacturer operating 20
locations across the U.S.,
processing 150,000 Invoices
per year, and 32 users.
Implemented:
Active Pay
Active Mailroom
Integrated with:
JD Edwards
The Result:
Eliminated Manual-
Intensive Data Entry
Provided Invoice Storage
and Retrieval Solution for
Compliance
Gave Company a
Roadmap to Optimize
Financial Business
Processes
VERITIV
A B2B Distribution & Logistics
Leader operating 180
distribution centers across
North America, processing
more than 2 million
documents per year, and
1,000 users. Formed by
Merger of xpedx and
Unisource.
Implemented:
Active Pay
Active Mailroom
Integrated with:
JD Edwards
Infinium Financial
Max Procurement
SFD Procurement
The Result:
Met Aggressive
Conversion and
Deployment Timeline
Provided New Common
Standard and Single ERP
for Merged Companies
Ron Siena
VP, Channel Sales & Support
rsiena@mirasystems.com
484-446-3304
Competitive Advantage
Success Stories
Contacts
Qualifying Questions