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Event Odoo Experience 2020 starts on September 30, 2020 at 2:00:00 PM +0200
Accounting Automation: how much money we saved and how?
Location: Studio6 - 10/1/20, 10:30 AM - 10/1/20, 11:00 AM (EDT) (30 minutes)

Accounting Automation: how much money we saved and how?
Simon Stappen Managing Partner  at much. GmbH

Simon Stappen is a Managing Partner at much. GmbH (Odoo Silver Partner from Munich, Germany). He helps start up and medium sized companies get funding and develop core IT systems. He loves to improve digital businesses, promote and enable data driven management and make digital businesses scale(able). Simon holds a M.Sc from the Technical University of Munich in Finance and Computer Science.

How much money can be saved when automating accounting? This question was answered in a five-month study at much. GmbH in collaboration with the Chair of Financial Accounting of the TU Munich School of Management. Even though the findings are based on four companies using the German Accounting Standard (HBG), the insights are directly transferable to any country and company.

This talk is for strategists wishing to quantify and benchmark automation savings, process optimizers looking for the next step and Odoo partners that want to implement advanced processes for their customers. The talk will present the most important findings of our study (including cost savings figures), blue prints to automate accounting processes and lastly will give insight on how to do this with Odoo. After this talk, you will know the basic processes in accounting and how to optimize them. You will gain an understanding of the needed tools and how to bring them together in Odoo Enterprise. Furthermore, you will have the figures and arguments to convince management and clients to automate their accounting processes.


How big is the potential savings from paper to automated P2P accounting?
In what P2P accounting step can you save the most?
How long does it take to amortize your ERP investment in a medium sized company with 500 in and outgoing documents?