Situation
This global asset management firm recognized the need for comprehensive process optimization, modernization, and automation to deliver improved invoice-to-pay processes for their Accounts Payable team and all other business centers. The organization required a sophisticated technological solution that would support custom configuration of an outside-of-the-box Oracle Fusion solution while incorporating organizational process improvement, future state planning, and robust efforts to optimize risk and control hierarchy workflow. The primary scope included custom configuration of Oracle Fusion along with comprehensive process optimization, while additional scope encompassed revision and overhaul of the Global Travel & Expense Policy, expense controls, and comprehensive reporting capabilities.
Our Solution
Thought Logic partnered with the CFO, CAO, accounting stakeholders, and key business leaders to develop and execute a modernized invoice-to-pay solution including process improvement, automation, systems configuration, data and resource governance, and change management activities. Our approach included evaluating existing processes and technology to develop optimized controls, processes, and system configurations that would deliver desired outcomes. We developed and executed a comprehensive communications and change management plan to inform, train, and demonstrate the solution before implementing in a phased approach, ensuring smooth organizational adoption and sustainable process improvements across all business functions.
Stakeholders
Our Clients
Our Solution Team
Achievements
The engagement successfully transformed AllSpring’s invoice-to-pay operations from manual, time-intensive processes to automated, efficient workflows that deliver measurable cost savings while maintaining robust controls and compliance standards.
