Context and objectives
An international animal nutrition group engaged our expertise to conduct a study on bringing its French entities into compliance with forthcoming electronic invoicing requirements, with the objective of optimizing and standardizing its existing processes (for example, identifying opportunities in third-party creation processes and in enhancing data reliability).
Our mission
Our team has mapped the P2P and O2C flows by third-party category (B2B, B2C, and B2G) and by geographic region. Enriching this mapping with the associated IT processes has highlighted:
- The compliance requirements strictly related to the reform
- The structural evolutions of current processes enabling compliance but, above all, substantial value-added gains in their efficiency (determination of VAT codes, definition of order structures to make them directly reconcilable with invoices…)
Objective: transform the constraint into an opportunity.
Results
Formalization and sharing within the project team of identified cross-cutting issues.
A complexity/priority matrix covering all compliance actions to be undertaken
The proposal of an allocated roadmap by workstream enabling all the benefits of the reform to be leveraged: process standardization, return to standard…
Objective: maximum value for a limited investment.
