Leveraging iProcurement to Increase Cash Flow

1. Leveraging iProcurement to
Increase Cash Flow
Derk Weinheimer
Deloitte & Touche LLP
March 21, 2003

2. Agenda
 The Idea
 The Benefits
 How to Do It
 Legal Considerations
 Questions

3. The Idea
 Extend Oracle iProcurement to
member or partner organizations
 Oracle iProcurement is web-based -
anyone can access it without
additional software needed
 Minimal additional setup required

4. The Benefits
 Additional source of revenue for your
organization
 Pass along savings to member/partner
organizations
 Combined spend can increase buying
power and leverage greater discounts

5. How to Do It
 Create a separate Set of Books
 Create one Operating Unit
 Unlimited approval authority
 Restrict requisition view by Group or
Requester

6. How to Do It - Continued
 Use P-Cards
 Load item catalog – associate with
contract PO’s
 Set “Create_Distributions_Flag” to “N”
(at Responsibility level)
 PO Line default = 2-way match and set
Invoice Close Tolerance to 100%

7. How to Do It - Continued
Set of
Books
Legal Entity
Operating
Unit
Group 1
User
Group 2
User User User

8. Legal Considerations
 Review Justice Department’s rules on
acceptable vs. unacceptable
consortium buying to stay within the
“antitrust safety zone.”

9. Questions?
Email: dweinheimer@deloitte.com