esonance Order-to-Cash (O2C) is a customer-facing solution that enables suppliers to transact electronically with their customers as well as to manage the entire business process from RFQs to Invoicing.

Manage and process RFQs and POs from customers, and responding to these in the format mandated by the customer

Submit electronic invoices in customer-mandated formats, irrespective of the number of formats and protocols required across the customer base

Provide catalogs including customer-specific catalogs with punch-out capabilities through ResonanceNet

Transmit Advance Ship Notices (ASN) and proactive delay notifications

Available on-demand or on-premise, depending on your business needs

Suppliers can leverage the benefits of ResonanceNet for industry-specific customer interaction.

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Key Capabilities:

Invoice Submission - Submit invoices to each customer in their mandated formats and with mandated attachments; seamless integration with your back-end system to pick up invoices

Catalogs - Customer-specific and general catalogs with punch-out functionality

Automate Customer Transactions End-to-End - Receive and respond to several key transactions in the order processing and fulfillment cycle: RFQ / response, PO / Acknowledgment, Delivery Order, Shipment Confirmation and ASN, Sales Order Changes and Goods Receipt (at customer end).

Logistics Tracking - Interface with tracking systems of standard carriers and freight-forwarders.

Customer Portal - Provides a web-front to the order processing and fulfillment system.

Customer Invoicing

Suppliers can submit invoices out-of-the-box to their customers or to standard eInvoicing portals they may use in the customer / portal mandated formats and with the relevant attachments.

Submit e-invoices directly to your customers (e.g. ConocoPhillips and Chevron)

Submit through portals (e.g. Digital Oilfied Services and Oildex) to their member customers (e.g. Occidental Petroleum, EnCana, Devon, EOG and Anadarko)

Solution implementation is either on-premise or on-demand (no hardware / software infrastructure required at your end)

Supports industry standards like PIDX and RNIF 2.0 for invoice processing and other business functions

Once implemented, the solution picks up your invoices and any relevant attachments from your back-end accounting / billing system. Depending on the customer destination for the invoice, the invoice is transformed into the appropriate protocol and format and submits the invoice to the customer. Any response from the customer is also delivered back to you.

Real-life Benefits:

Reduced cost of electronic compliance required with different systems by different customers

Faster invoicing = faster payments = reduced days of sales outstanding

Accept incoming orders and submit acknowledgments

Readily support customer mandated programs such as Vendor Managed Inventory (VMI) and automated replenishment

Improve customer satisfaction by providing online shipment tracking