LANDCORP FARMING LTD has floated a tender for Accounts Receivable Optimisation. The project location is New Zealand and the tender is closing on 12 Dec 2019. The tender notice number is , while the TOT Ref Number is 38343949.
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Procurement Summary
Country : New Zealand
Summary : Accounts Receivable Optimisation
Deadline : 12 Dec 2019
Other Information
Notice Type : Tender
TOT Ref.No.: 38343949
Document Ref. No. :
Competition : ICB
Financier : Self Financed
Purchaser Ownership : -
Tender Value : Refer Document
Purchaser's Detail
Purchaser : LANDCORP FARMING LTD Ben Butt
043814050 New Zealand
Tender Details
As a result of the successful automation of the Accounts Payable (AP) function in 2016, P?mu is now looking to undertake a similar process for the Accounts Receivable (AR) function. Currently, the processes in place for recognising revenue are manual and labour-intensive, particularly in regard to livestock revenue.
P?mu are interested in what potential avenues exist which could automate the processing of at least 6000 Buyer Created Invoices (BCI) per annum. By optimising the AR function, we are looking to reduce time spent on repetitive tasks, increasing productivity and allowing a focus on value-add work. More timely revenue recognition from livestock and produce sales (and vice versa for livestock purchases) is also anticipated.
We are interested in what solutions are out in the market that may meet our requirements. This is an exploratory exercise that will allow us to build a business case for how to proceed with the optimisation of P?mu`s AR function. We do not want detailed proposals or sales pitches at this point.