Commercial Organisations
The AOB Portal is widely used by over 50 leading NHS Organisations with close to 1,500 Suppliers. The system can help your organisation fully automate and streamline the existing Credit Control process by providing clear reconciliation to your client's Accounts Payable position. It can also significantly simplify the dispute resolution process and improve financial reporting.
The AOB Portal is designed to facilitate on-line, real time reconciliation of all the relevant financial information between the participating organisations. It provides clear and transparent accounts making it easy to track any variances.
The AOB Portal is designed to deliver a fully auditable dispute resolution by using on-line comments and document attachments functionality.
The AOB Portal is a secure system accessed over the internet and doesn’t require any on-site licenses\installation. It is designed to be used across all levels of the finance team:
Directors of Finance have:
– An always up-to-date, visual overview of their financial position against each of their clients
– The ability to instantly agree that position with their clients
Financial accounts staff have:
– An easy-to-use initiative tool that virtually eliminates the need to communicate by telephone, email etc. with clients
– An instant audit tool that records all communication with clients and any actions taken
AOB Portal Benefits
AVEREGE FINANCE DEPARTMENT
FINANCE DEPARTMENT USING AOB PORTAL
Visual view of your position vs. your counterpart
Visual view of your position vs. your counterpart
Visual view of your position vs. your counterpart
Full downloadable audit trail of financial report
Full downloadable audit trail of financial report
Full downloadable audit trail of financial report
Constant need to phone and email your clients
Constant need to phone and email your clients
Constant need to phone and email your clients
Miscoded invoices easily spotted
Miscoded invoices easily spotted
Miscoded invoices easily spotted
All processes automated
All processes automated
All processes automated
Ability for DDFs to agree global position
Ability for DDFs to agree global position
Ability for DDFs to agree global position
Strategic visualisation of ledger
Strategic visualisation of ledger
Strategic visualisation of ledger
Fully automated data load process:
The AOB Portal includes sophisticated and flexible data management functionality that is capable of processing and validating any number of AP & AR data formats to fully automate the data import process. Sales and Purchase ledger data is automatically loaded into the secure cloud-based AOB database overnight from all the participating organisations.
Ability to track, identify and resolve any variances using simple, transparent and user-friendly web-based system
In a single screen, the AOB portal displays and compares relevant transactions from all the participating organisations clearly highlighting any issues.
All value variances (highlighted in red) and missing invoices (highlighted in yellow) can be identified in a matter of seconds.
Online dispute resolution
The system includes real-time communication mechanics enabling users to complete all dispute resolution on-line and maintain a full audit trail.
The AOB Portal facilitates on-line document (any number and format) storage and access.
Ability to receive and generate Excel based statement
The AOB Portal has been designed to easily receive and generate Excel based statements to ensure that the system can be used with the counterpart organisations that haven’t currently signed up to the project.
Full set of operational reports
Extensive reports designed using QlikView platform– the best in class business intelligence tool. The AOB Portal provides a full set of operational reports including Income and Expenditure analysis, Aged Debtors and Creditors control, Counterpart Reconciliation reports, etc.
