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Underwritten by:
#AIIMYour Digital Transformation Begins with
Intelligent Information Management
Presented DATE
Working Faster and Smarter in a Digital
Transforming World With 5 Essential Capabilities
An AIIM Webinar presented November 6, 2019
Underwritten by:
#AIIMYour Digital Transformation Begins with
Intelligent Information ManagementYour Digital Transformation begins with
Intelligent Information Management
Underwritten by:
Today’s Speakers
Peggy Winton, CIP
President
AIIM
Chris Loy
Content Management Senior Solutions Consultant
Konica Minolta Business Solutions U.S.A., Inc.
Host: Theresa Resek, CIP
Director
AIIM
Underwritten by:
Peggy Winton, CIP
President
AIIM
Introducing our Featured Speaker
Underwritten by:
The path to Digital Transformation…
§ is not paved by simply
digitizing a single process
or adopting a new
technology
§ it’s about accelerating
business activities through
the flow of information
Underwritten by:
Underwritten by:
Frees workers from manual tasks…
… so they can focus on high
value delivery of products and
services
Underwritten by:
Energy Back Office Processes
Market Segments
Underwritten by:
It Isn’t Easy!
© 2018 AIIM - use with attribution permitted
Automating Governance and Compliance, Overall N = 275
2%
25%
21%
16%
10%
7%
5% 6%
2%
5%
X 2X 3X 4X 5X 6X 7X 8X 9X 10X
The volume of information keeps growing.
Underwritten by:© 2018 AIIM - use with attribution permitted
Automating Governance and Compliance, Overall N = 275
30TB = 30,000 GB
50TB = 50,000 GB
Underwritten by:© 2018 AIIM - use with attribution permitted
Enhancing Your RPA Implementation with Intelligent Information, Overall N = 226
8%
18%
23%
19%
11%
9% 9%
1%
2%
90% 80% 70% 60% 50% 40% 30% 20% 10%
Think about ALL of the information in your
organization. What percentage do you think is
UNSTRUCTURED?
Over 60% of information
sprawl is unstructured – i.e.,
content.
COMPLETE END-TO-END FUNCTIONALITY
Capture Documents & Data
Whether paper or electronic, we
can capture almost any file type
and quickly extract necessary
information, automatically
sending it to all relevant systems.
Manage Information in One
System
Combine the ability to manage
processes, documents and data in
one system so our information
flows seamlessly throughout your
organization.
Access Content from
Anywhere
Your information finds you and
becomes instantly available to the
people who need it, wherever
they are, from almost any device
or application.
Measure Process and System
Performance
Receive real-time insights into the
status of your processes, the
completeness of your records and
the health of your vision – so you
can take action when and where
it is needed.
Integrate with Line-of-
Business Systems
Make your overall business
processes streamlined and
continuous – with integrations
that let you work without needed
to exit from your content systems.
Store, Protect and Destroy
Content
Minimize risk and support
compliance by securely storing,
protecting and destroying your
information in accordance with
applicable regulations.
Underwritten by:
24%
58%
15%
3%
Critical Important Somewhat
important
Not important at
all
How important are your Digital Workplace
initiatives relative to your overall strategy
of Digital Transformation?
For 82% of organizations,
there is a clear link between
the two.
Your Digital
Transformation…
…takes 5 Essential
Capabilities
Underwritten by:
Capability #1: Break down silos and ensure
seamless information flows
Underwritten by:
The Dreaded Shared Drives…
Underwritten by:
One Platform for Enterprise Content
One
Platform
LOB
Line of Business Application
Underwritten by:
Capability #2: Use content automation to your
greatest advantage
From expensive, complicated, long implementation
cycles
To automation solutions that are nimbler, more
agile, and more easily deployed by the business
Underwritten by:
Increasingly Intelligent RPA
Underwritten by:
Automated Execution
Underwritten by:
DELOITTE: Joint Venture (JV) Accounting
RPA automates the JV production accounting change
process for oil & gas companies
• Handles high volumes of adds/deletes/changes
• Automates the purchase order (PO)-generation process in support of JV
arrangements
• Operational 24 hours a day, seven days a week
• Accelerates cycle times by improving throughput and accuracy
• Scales rapidly once process instructions are defined for bot to follow
• Automates traditionally manual and repetitive JV-related accounting tasks
• Frees-up finance department resources to focus on value-added activities
Underwritten by:
Capability #3: Integrate content capabilities
into Line of Business applications
Underwritten by:
27%
48%
23%
3%
A significant
problem
A problem Not a problem at
all
No opinion
How significant a problem is managing the
documents and content that workers need to
get their jobs done?
Getting the right information
to the right person in context
is a problem for 75%.
Underwritten by:
Capability #4: Transition to cloud-based content
services
Underwritten by:
One
Platform
LOB
Line of Business Application
Cloud Solution with LOB Integration
Underwritten by:
Capability #5: Make use of machine- and
human-generated content at scale
A single platform to manage enterprise information
Single place to securely
manage content
Single point of integration with
existing applications
Single platform to
configure applications
Build solutions quicker than your business units can buy them
• Sabine’s Story
• Using OnBase to Achieve Success
• Sabine’s Continued Development
Sabine Oil & Gas
Corporation
• Originated in 2007
• Achieved leasehold position
through acquisitions in 3 key
areas
• Total 291k Net Acres
• Land Administration Tasks
– 25k Oil & Gas Leases
– 3k JIB & Rev Records
– 25k Unique Owner Accounts
Sabine Oil & Gas Corporation
Lease Records Statistics (Annual Avg)
Staff 6
New Leases 2050
Process Time (days) 120
Division Order Statistics (Annual Avg)
Staff 9
Processed
Documents
2600
Process Time (days) 70-90
Outstanding
Royalty Suspense
~$50mm
Sabine Oil & Gas Corporation
Lease Records Statistics (Annual Avg)
Staff 6
New Leases 2050
Process Time (days) 120
Division Order Statistics (Annual Avg)
Staff 9
Processed
Documents
2600
Process Time (days) 70-90
Outstanding
Royalty Suspense
~$50mm
Lease Records Statistics
(Annual Avg)
AFTER
Staff 6 1
New Leases 2050 2237
Process
Time (days)
120 75-90
Division Order Statistics
(Annual Avg)
AFTER
Staff 9 4
Processed
Documents
2600 4000
Process
Time (days)
70-90 30-60
Outstanding
Royalty
Suspense
~$50mm ~$12mm
Underwritten by:
• 10 employees to 5,000+ since 1989
• Issues with overall capture quality
• Multiple Departments
THE CHALLENGE
Underwritten by:
• 34 initial batch classes
• 165 total batch classes
• Serving virtually every department
• Accounting, Revenue, Land, Water Tracking,
Production Control, Pipeline, Division Orders
THE SOLUTION
Underwritten by:
Chris Loy
Content Management Senior Solutions Consultant
Konica Minolta Business Solutions U.S.A., Inc.
chris.loy@kmbs.konicaminolta.us
Thank You!
Underwritten by:
Additional Resources
Chesapeake Energy Case Study for RPA
Simplified Oil & Gas Content Management
Benefits of One Platform Content
Management for the Oil & Gas Industry
Oil/Gas/Energy Logistics: Savings of $8k
monthly with a One Platform Solution
[Webinar Slides] Working Faster and Smarter in a Digital Transforming World With 5 Essential Capabilities

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[Webinar Slides] Working Faster and Smarter in a Digital Transforming World With 5 Essential Capabilities

  • 1. Underwritten by: #AIIMYour Digital Transformation Begins with Intelligent Information Management Presented DATE Working Faster and Smarter in a Digital Transforming World With 5 Essential Capabilities An AIIM Webinar presented November 6, 2019
  • 2. Underwritten by: #AIIMYour Digital Transformation Begins with Intelligent Information ManagementYour Digital Transformation begins with Intelligent Information Management
  • 3. Underwritten by: Today’s Speakers Peggy Winton, CIP President AIIM Chris Loy Content Management Senior Solutions Consultant Konica Minolta Business Solutions U.S.A., Inc. Host: Theresa Resek, CIP Director AIIM
  • 4. Underwritten by: Peggy Winton, CIP President AIIM Introducing our Featured Speaker
  • 5. Underwritten by: The path to Digital Transformation… § is not paved by simply digitizing a single process or adopting a new technology § it’s about accelerating business activities through the flow of information
  • 7. Underwritten by: Frees workers from manual tasks… … so they can focus on high value delivery of products and services
  • 8. Underwritten by: Energy Back Office Processes Market Segments
  • 9. Underwritten by: It Isn’t Easy! © 2018 AIIM - use with attribution permitted Automating Governance and Compliance, Overall N = 275 2% 25% 21% 16% 10% 7% 5% 6% 2% 5% X 2X 3X 4X 5X 6X 7X 8X 9X 10X The volume of information keeps growing.
  • 10. Underwritten by:© 2018 AIIM - use with attribution permitted Automating Governance and Compliance, Overall N = 275 30TB = 30,000 GB 50TB = 50,000 GB
  • 11. Underwritten by:© 2018 AIIM - use with attribution permitted Enhancing Your RPA Implementation with Intelligent Information, Overall N = 226 8% 18% 23% 19% 11% 9% 9% 1% 2% 90% 80% 70% 60% 50% 40% 30% 20% 10% Think about ALL of the information in your organization. What percentage do you think is UNSTRUCTURED? Over 60% of information sprawl is unstructured – i.e., content.
  • 12. COMPLETE END-TO-END FUNCTIONALITY Capture Documents & Data Whether paper or electronic, we can capture almost any file type and quickly extract necessary information, automatically sending it to all relevant systems. Manage Information in One System Combine the ability to manage processes, documents and data in one system so our information flows seamlessly throughout your organization. Access Content from Anywhere Your information finds you and becomes instantly available to the people who need it, wherever they are, from almost any device or application. Measure Process and System Performance Receive real-time insights into the status of your processes, the completeness of your records and the health of your vision – so you can take action when and where it is needed. Integrate with Line-of- Business Systems Make your overall business processes streamlined and continuous – with integrations that let you work without needed to exit from your content systems. Store, Protect and Destroy Content Minimize risk and support compliance by securely storing, protecting and destroying your information in accordance with applicable regulations.
  • 13. Underwritten by: 24% 58% 15% 3% Critical Important Somewhat important Not important at all How important are your Digital Workplace initiatives relative to your overall strategy of Digital Transformation? For 82% of organizations, there is a clear link between the two.
  • 15. Underwritten by: Capability #1: Break down silos and ensure seamless information flows
  • 16. Underwritten by: The Dreaded Shared Drives…
  • 17. Underwritten by: One Platform for Enterprise Content One Platform LOB Line of Business Application
  • 18. Underwritten by: Capability #2: Use content automation to your greatest advantage From expensive, complicated, long implementation cycles To automation solutions that are nimbler, more agile, and more easily deployed by the business
  • 21. Underwritten by: DELOITTE: Joint Venture (JV) Accounting RPA automates the JV production accounting change process for oil & gas companies • Handles high volumes of adds/deletes/changes • Automates the purchase order (PO)-generation process in support of JV arrangements • Operational 24 hours a day, seven days a week • Accelerates cycle times by improving throughput and accuracy • Scales rapidly once process instructions are defined for bot to follow • Automates traditionally manual and repetitive JV-related accounting tasks • Frees-up finance department resources to focus on value-added activities
  • 22. Underwritten by: Capability #3: Integrate content capabilities into Line of Business applications
  • 23. Underwritten by: 27% 48% 23% 3% A significant problem A problem Not a problem at all No opinion How significant a problem is managing the documents and content that workers need to get their jobs done? Getting the right information to the right person in context is a problem for 75%.
  • 24. Underwritten by: Capability #4: Transition to cloud-based content services
  • 25. Underwritten by: One Platform LOB Line of Business Application Cloud Solution with LOB Integration
  • 26. Underwritten by: Capability #5: Make use of machine- and human-generated content at scale
  • 27. A single platform to manage enterprise information Single place to securely manage content Single point of integration with existing applications Single platform to configure applications Build solutions quicker than your business units can buy them
  • 28. • Sabine’s Story • Using OnBase to Achieve Success • Sabine’s Continued Development
  • 29. Sabine Oil & Gas Corporation • Originated in 2007 • Achieved leasehold position through acquisitions in 3 key areas • Total 291k Net Acres • Land Administration Tasks – 25k Oil & Gas Leases – 3k JIB & Rev Records – 25k Unique Owner Accounts
  • 30. Sabine Oil & Gas Corporation Lease Records Statistics (Annual Avg) Staff 6 New Leases 2050 Process Time (days) 120 Division Order Statistics (Annual Avg) Staff 9 Processed Documents 2600 Process Time (days) 70-90 Outstanding Royalty Suspense ~$50mm
  • 31. Sabine Oil & Gas Corporation Lease Records Statistics (Annual Avg) Staff 6 New Leases 2050 Process Time (days) 120 Division Order Statistics (Annual Avg) Staff 9 Processed Documents 2600 Process Time (days) 70-90 Outstanding Royalty Suspense ~$50mm Lease Records Statistics (Annual Avg) AFTER Staff 6 1 New Leases 2050 2237 Process Time (days) 120 75-90 Division Order Statistics (Annual Avg) AFTER Staff 9 4 Processed Documents 2600 4000 Process Time (days) 70-90 30-60 Outstanding Royalty Suspense ~$50mm ~$12mm
  • 32. Underwritten by: • 10 employees to 5,000+ since 1989 • Issues with overall capture quality • Multiple Departments THE CHALLENGE
  • 33. Underwritten by: • 34 initial batch classes • 165 total batch classes • Serving virtually every department • Accounting, Revenue, Land, Water Tracking, Production Control, Pipeline, Division Orders THE SOLUTION
  • 34. Underwritten by: Chris Loy Content Management Senior Solutions Consultant Konica Minolta Business Solutions U.S.A., Inc. chris.loy@kmbs.konicaminolta.us Thank You!
  • 35. Underwritten by: Additional Resources Chesapeake Energy Case Study for RPA Simplified Oil & Gas Content Management Benefits of One Platform Content Management for the Oil & Gas Industry Oil/Gas/Energy Logistics: Savings of $8k monthly with a One Platform Solution