Industry Process Catalog for CloudSuite Equipment

Industry Process Catalog for CloudSuite Equipment is preconfigured content targeted at your organization’s industry. It provides a collection of assets including configurations, processes, and test cases that bring leading industry practices that cover your organizations core needs.

This content can streamline the implementation process of this CloudSuite, helping you to save time and money and takes the guesswork out of deployment.

The result is an affordable solution that delivers a predictable outcome can meet your organization’s requirements today and into the future. It can also reduce the total cost of ownership, provide a faster ROI and time-to-benefit that is measured in weeks instead of months or years.

Significant industry values include:

Rental

  • Rental fleet planning including fleet procurement, preparation and sale;

  • Rental customer relationship management processing for handling requests, creating and monitoring rental quotations and creating rental agreements;

  • Support for rental parts sales from ordering to invoice including parts returns and credits;

  • An extensive rental management process starting with order fulfillment offering a number of sourcing options, delivery of the rental equipment to the customer, change of site, return of the rental equipment, off-rent, turn-around service and agreement management which offers a wide range of invoice, and payment options.

Service

  • Service management processes including pre-defined service definitions, work requesting, work order planning and scheduling, work order feedback including labor time, expenses, meter readings and includes service invoicing;

  • Maintenance customer orders have been configured to provide a streamlined solution to manage work that will ultimately be billed back to the customer or as part of the warranty claim process.

Parts Sales - Financials

  • Accounts receivable processes include automatic processing of bank statements, recording of manual payments and credit management;

  • Accounts payable processes include invoicing options such as those linked to purchase orders, invoices without purchase orders, preliminary invoices and batch invoices. Payment management as well as AP reconciliation are also configured;

  • General ledger options include cash desk validation, processing accrual, manual vouchers and reconciliation of the balance and bank ledgers;

  • Fixed asset processes including depreciation methods such as revenue-based, updating inventory value, FA physical inventory and selling and scrapping assets.

  • Tax management including support for US sales tax;

  • Cost accounting for internal and inventory accounting is also available.

The IPC solution includes:

  • Business process maps

  • End-to-end process descriptions

  • Detailed work instructions and other reference documents

  • A preconfigured database HTML content

The IA solution is for organizations of all sizes.

See the M3 Industry Process Catalog (IPC) - Release Information Overview in KB2151034 for more information.