Extracting timestamp out of records

I have system records which are in following format

RECORD_DATE=20130124145912|NAME=XYZ|PHONE=XXXXX|

Normally there is delay of 2-3 hours before these records reach Splunk server.

Splunk is displaying reports based on the time it receives records, can I configure Splunk to build all reports based on RECORD_DATE?

RECORD_DATE is in YYYYMMMDDHHMMSS format.

I have use strftime function for some of my reports, but this doesn't work for timeline.

strftime(strptime(RECORD_DATE ,"%Y%m%d%H%M"),"%Y-%m-%d %H:%M")

I want Splunk to use RECORD_DATE for timeline