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Document Management is the key for the gaming technology
company to reduce costs and streamline workflow
Bally Technologies,
a leader in slots, video machines, casino management systems and networked
solutions for the global gaming industry, has selected Quadrant Software
to help streamline its business and transform the company’s Journal
Entry, Accounts Receivable, and Purchase to Pay processes into paperless
operations.
IntelliChief, Quadrant Software’s document
management, imaging and workflow solution, is being implemented
in conjunction with their FastFax and Formtastic solutions
for enterprise faxing and electronic forms respectively. This
Paperless Process Management solution suite will work in conjunction
with Bally’s Infor XA System i business application.
Hitting
the Jackpot with Paperless Processing
The total annual return on investment (ROI) from the Paperless
Process Management project with Quadrant Software is expected
to be around $780,000.
Bally Technologies also identified the following benefits of
such a solution:
- Increased turnaround times on critical processes
- Improved response rates to customers and vendors
- Enhanced employee productivity
- Immediate savings related to reduction of paper and
storage
Part of the expected savings of this project has to do with
the elimination of pre-printed forms by using Formtastic to
design professional looking forms that can be automatically
merged with Infor XA’s spool file to create a document
that can be emailed, faxed, printed and saved into IntelliChief’s archival
database for later retrieval. Other savings will come from:
- Elimination of costs associated with off-site storage for
paper files
- Reduction of costs associated with paper, photocopies and
related supplies
- Elimination of costs associated with pre-printed forms
and fax machines
High Stakes on IntelliChief
Bally’s goal is to reduce their reliance on paper and
to gain better visibility into their processes and streamline
operations. The whole solution will be focused on leveraging
their Infor XA installation and providing them with electronic
versions of transactional documents such as Purchase Orders,
Invoices, Acknowledgements, Contracts, Journal Entry reports,
among others. By having everything electronic, Bally will gain
significant process improvements including:
- Quick retrieval of backup documents directly from Infor
XA screens
- Easily provide documentation for audits in compliance with
Sarbanes-Oxley (SOX) in the required timeframe
- Availability of order history online without having to
manually research and spend time locating interrelated documents
and notes
- Ability to follow up on resolution status for Journal Entries
To speed up critical tasks like invoice approvals and purchase
requisitions, IntelliChief’s workflow engine
will be used to keep the electronic document flow moving, escalating
activities when needed, generating alerts and automatically
forwarding pending documents to the appropriate person. This
will lead to:
- Better visibility to approval routing and use of escalation
procedures ensuring timely processing of critical information
- Elimination of the need for manual signatures on paper
forms shortens the time for cutting P.O.s and paying invoices
- Leverage vendor early payment terms and avoid late fees
on lagging invoice payments awaiting approval
A bonus for employees who routinely use spreadsheets, word
processors and other PC-based documents is the ability to transform
them into an imaged file with indexes that lets you attach
them to a process or an existing document and make them available
in the system in case they are needed at a later date. The
process is made possible with IntelliChief’s Print
Capture Driver and is as simple as a typical 'file-print' command.
All Bets Are On The Table
As the project begins, Quadrant Software is confident that
its solution will satisfy Bally Technologies and uncover
even more opportunities for cost savings and process improvements.
The implementation is expected to be completed sometime in
the Spring of 2008.
IntelliChief will definitely give Bally Technologies the upper
hand to tackle its critical processes and Quadrant Software
looks forward to getting the game started.
For more information about IntelliChief visit www.quadrantsoftware.com,
email sales@quadrantsoftware.com or
call 508-594-2700.
About
Quadrant Software
Quadrant Software, an IBM Business Partner, has over a decade
of experience providing Paperless Process Management (PPM)
solutions. Started as a pioneer in fax server technology, today
Quadrant Software provides enterprise-class PPM applications
to Global 2000 companies world-wide and in a variety of industries.
This includes document management, electronic forms, fax servers,
MICR checks, barcode labels, imaging and workflow products.
Over the years, they have helped companies reduce expenses,
increase productivity, and improve communication. Quadrant
Software has offices in Massachusetts, Florida, and the U.K.
About Bally Technologies
With a history dating back to 1932, Las Vegas-based
Bally Technologies designs, manufactures, operates and distributes
advanced gaming devices, systems and technology solutions worldwide.
Bally’s product line
includes reel-spinning slot machines, video slots, wide-area progressives,
and Class II, lottery and central determination games and platforms.
As the world’s No. 1 gaming systems company, Bally also offers
an array of casino management, slot accounting, bonusing, cashless and
table management solutions. The Company also owns and operates Rainbow
Casino in Vicksburg, Miss. Additional Company information can be found
at www.ballytech.com.
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