As organizations move their digital infrastructure to the cloud, many are discovering that integration poses a significant challenge – possibly finding themselves in the middle of an ecosystem with applications and services siloed off and disconnected from each other.
For the purposes of this Use Case, the focus is on Cash Management where Invoicing is generated within ITAS but the Invoice Authorisation (pre-payments for example) is managed in a 3rd party Financial Management system.
This case study illustrates a typical life cycle of a Letter of Credit. Both Importers/buyers and exporters/sellers can use ITAS to manage the contract, logistics and finance processes including Letters of Credit.
This article highlights the issues faced by organisations who receive data feeds from their brokers and/or trading terminals.
A common scenario for our Liquid Products customers, is one where goods are moved from and to Stock Tanks at locations (Terminals) that use Weighbridges to measure the weight of the trucks on entry and exit.
For the purposes of this Use Case, the focus is on Cash Management where Invoicing is generated within ITAS but Accounts Payable/Receivable facilities are managed in a 3rd party Financial Management system.
Each Government e-Invoice mandate will likely have its own specific requirements regarding data, formatting, messaging, security and workflow. Traditional approaches that involved tightly integrating ITAS processes to each mandate are not only costly to develop and support, but are also vulnerable to subsequent changes at the Local Tax Authority end.
ITAS offers a full end-to-end Document Management subsystem that allows our customers to manage document storage, indexing and retrieval through Trader Desktop and Web Portal. Integration with ITAS applications such as TRADE allows auto-indexing on document generation, as well as simple document identification/access through keyword matching, for example,
A common requirement for customers working with physical stock within a warehouse location, is the ability to identify and track items through ITAS. Although the software does not directly communicate with scanning devices, by providing an API it does allow scanning devices and any proprietary software to request and update information held against stock items.