Leveraging iProcurement to Increase Cash Flow

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Leveraging iProcurement to Increase Cash Flow

• Derk Weinheimer
• Deloitte Touche LLP
• March 21, 2003

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Agenda

• The Idea
• The Benefits
• How to Do It
• Legal Considerations
• Questions

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The Idea

• Extend Oracle iProcurement to member or partner
  organizations
• Oracle iProcurement is web-based - anyone can
  access it without additional software needed
• Minimal additional setup required

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The Benefits

• Additional source of revenue for your
  organization
• Pass along savings to member/partner
  organizations
• Combined spend can increase buying power and
  leverage greater discounts

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How to Do It

• Create a separate Set of Books
• Create one Operating Unit
• Unlimited approval authority
• Restrict requisition view by Group or Requester

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How to Do It - Continued

• Use P-Cards
• Load item catalog associate with contract POs
• Set Create_Distributions_Flag to N (at
  Responsibility level)
• PO Line default 2-way match and set Invoice
  Close Tolerance to 100

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How to Do It - Continued
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Legal Considerations

• Review Justice Departments rules on acceptable
  vs. unacceptable consortium buying to stay within
  the antitrust safety zone.

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Questions?
Email dweinheimer_at_deloitte.com