In this webinar, we’ll share the 5 Essential Capabilities every digital transformation initiative needs to succeed.
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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
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
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.
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
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%.
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