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Which side are you on?. Financial Systems issues. Why do they keep banging on about this?. Pay the right people Pay them on time Pay them at the right time Save paper Save people. FDI = Financial data interchange. Yes but still - Why bother? Speed of payment Eliminate errors at rekeying
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Which side are you on? Financial Systems issues
Why do they keep banging on about this? • Pay the right people • Pay them on time • Pay them at the right time • Save paper • Save people
FDI = Financial data interchange • Yes but still - Why bother? • Speed of payment • Eliminate errors at rekeying • Eliminate recharge costs
FDI - What can you pay with it? • Everything!? • Including • Things you never ordered on your LMS/ ILS • Except • Petty cash • Foreign currency • Purchase card • Disputed invoices
How to get there • Finance } • Audit } Probably all want it • I.T. } - in theory • Library staff/ management } • And the System suppliers …?
Getting there 1 • Finance • Their requirement • Their specification • Audit • The Armalite and the Ballot box
Getting there 2 • I.T. • Well actually it’s our specification • testing, testing • Partners – who’d have ’em? • Library staff/management • It doesn’t seem like less work • Just do it!
Getting there 3 • System suppliers • The technical specification • Consortia/ different authorities • New finance systems • Changed finance requirements
Getting there 4 • Stock Suppliers • EDI • Consolidated invoices • Numbers and Dates on invoices • Payment address v order address
Was it worth it? Should we do it? • In a wordyes