Two Processes: Two Systems?, Paper360º January/February 2021

There are two large process areas that cover the majority of governance activities within a modern pulp and paper company: Administrative (ADM) activities, and the Order-to-Cash (O2C) process. Much of the day-to-day work that occurs in managing a paper company can be placed within one of these two areas.

Included within the ADM area is the pay-to-procure process, which encompasses requisitions, purchase orders, material receipt, raw materials/stores inventory management, and accounts payable. Maintenance activities—because of their relationship with purchasing and the storeroom—are considered part of the ADM processes, as are capital projects, asset management, and HR/payroll. Finance millwise | RESOURCE MANAGEMENT Two Processes: Two Systems?The days when senior management could afford a limited understanding of a company’s systems and strategy in supporting the ADM and O2C processes are rapidly disappearing.PAUL LAIL applications, including the general ledger, are part of the ADM area and capture the financial impact of the transactions performed in each of these associated application areas. 

TAPPI conference proceedings and presentations, technical papers, and publication articles provide technical and management data and solutions on topics covering the Pulp, Paper, Tissue, Corrugated Packaging, Flexible Packaging, Nanotechnology and Converting Industries.

Simply select the quantity, add to your cart and your conference paper, presentation or article will be available for immediate download.