Oracle WebCenter Content

Oracle WebCenter Content is being used for an AP invoicing solution. It is being used by the AP business team in our organization. It gives a life cycle to our supplier's invoices and gives one repository and source of truth for all supplier invoices and it also provided easy access to the invoices. And to also make sure to prevent duplication and timely payment to the suppliers.

My company uses Oracle WebCenter Content for automating part of our Accounts Payable (AP) processes by ingesting new invoices. The AP department is very happy with the functionality of the OCR (optical character recognition) feature. The product integrates nicely with the Oracle Payables module. The imported invoices can easily be categorized, indexed, etc.

We implemented Oracle Fusion Payables along with WebCenter content. WebCenter has optical character recognition capability which reduces data entry effort by 80%. Accounts payables invoice processing is a paper-intensive process. We have a shared service center which processes about 1500 invoices a day. We were looking for a scalable solution and Oracle Fusion Payables with WebCenter solved the problem.
WebCenter content can extract index and archive the data. As per regulatory requirements, we are supposed to store all AP invoices for 7 years. We were storing them physically in cabinets in the office. With the current real estate boom, we were spending a significant amount on rentals. With WebCenter Content, these invoices can be stored, indexed and archived in the cloud. This frees up space in our office and saves money. Our auditors also loved this as data is organized in a much better way and it can be easily retrieved with a click of the button.
WebCenter content is an enterprise-class content management system which can securely store any type of documents from any source. Further WebCenter content can be integrated with any major ERP in the market.

This was selected as a solution to be used as the platform for a planned enterprise-wide records management system. An important feature was the the ability to manage both existing paper records, as well as current and future electronic records. The optional RMA records management module offered a Records life-cycle management ability that we did not previously possess.

I am an enterprise content management consultant. My company designs and builds implementations of content management solutions for public and private sector organizations who need to manage hundreds of thousands upwards to millions of documents for web and non-web use. Oracle WebCenter Content is built on a robust content and document management repository with fully customizable metadata and that scales extremely well. WebCenter Content provides enterprise-wide content management, not just web content management (though it does that too). The system uses web service APIs to allow third-party as well as other Oracle tools to leverage its capabilities so it is highly adaptable to almost any business need.