Procure to pay
The Procure to Pay cycle is, in most businesses, the single largest area for cash outflow and accordingly, ought to be an area of key focus. The effectiveness of the management of this key functional area could determine the success of the entity’s performance, its competitiveness and ultimately its survival. CEC provides a Procure to Pay reporting suite that enables business managers to make more effective decisions and manage their businesses more efficiently. This suite of reports is designed to enable all parties in the Procure to Pay process to identify and improve activities crucial for performance on a strategic and on an operational day-to-day basis.
Inventory Management
Business success often depends on its ability to deliver the right product to the right place at the right time. Effective inventory management is a key function of business that is responsible for the coordination of planning, sourcing, purchasing, storing and controlling materials in an optimum manner so as to provide a pre –defined service to the internal production processes as well as the external customer, in a manner that maximises the business’s return on investment. CEC has harnessed the combined experience of several professional inventory management experts that have all served at the coal–face of their respective areas of expertise, to produce a unique Business Intelligence Solution for Inventory Management.
Finance and Compliance
The incidents of financial mismanagement and corporate failures recently experienced the world over, clearly highlight the urgent need for tighter financial and process controls and greater management responsibility. In large part, many of the failures were attributable to a lack of information visibility. A consequence of this has been the establishment of several pieces of legislation to foster an environment of heightened compliance and management control. The CEC Finance and Compliance module delivers legislated and other relevant business content that impacts decision-makers and control and finance functionaries using a powerful range of pre-determined reports designed to address the specific areas of control for which management bear accountability enabling organisations to continually monitor compliance with laid down controls.
Enterprise Data Integrity
Enterprise data integrity is a function that analyses the utilisation and quality of master, configuration and transactional data in any ERP system. This is a critical area as it highlights the integrity of the data used for managing activities on the ERP system. The CEC solution contains data testing algorithms that analyses and reports on the process of population and validity of critical configuration, master and transactional data within the ERP system providing information on the number of data records containing the specified problems and from a tactical and data cleanup point of view, the percentage of records containing the selected errors.
Communication Warehouse
Communication is the lifeblood of any organisation and the ability to enable the flow of constructive communication and information is critical to the success of any organisation. The purpose of the Communications Warehouse suite of products is to provide the workforce with tools to enhance user productivity, efficiency and effectiveness during day to day operations.
Business Process Management
In most companies managers will acknowledge that they have business process problems but do not have the capability to measure and report on these problems in order to highlight business process inefficacies. Due to this lack of the ability to perform diagnostics, analysis and heath checks on business processes many companies find themselves in an environment with little or no meaningful business process reporting. CEC Business Process Management contains pre-defined analysis tools within the following two focus areas: Utilisation, diagnostics and analysis and business process health checks, enabling managers to manage and highlight shortfalls within these areas.
Scoreboard
CEC has developed a scoring system different to the typical products as describe above. The scoreboard comes with a set of pre-determined performance indicators, rolled up in pre-determined levels, yet, still fully customisable. The aim is to provide the business with 75% of their scoreboard pre-built, providing instant results and return on investment.
Competence development
CEC supplies a solution that creates, improves, manages and retains scarce and critical talent specialising in the advanced application of World Class Procurement, Financial Management, and specific Supply Chain areas. CEC training and coaching is aimed first at addressing Executive and Senior Management development requirements and from this vantage, Intermediate and Junior level training is derived.
|