Global chemical manufacturing company automates invoice process through 400,000 USD agreement with ReadSoft.
This world-leading manufacturing company receives service invoices, physical material invoices and freight invoices primarily in paper format at decentralized manufacturing plants, jumpstarting a repetitive manual invoice process. Paper invoices are scanned upon receipt, routed for approval and mailed to a centralized AP processing center where the invoices were scanned a second time and entered into SAP.
With a time and labor-intensive process in place, the company sought an invoice automation solution to eliminate the costly supply chain setbacks associated with paper invoice processing, including limited visibility and control over invoices and lengthy invoice processing cycle times. To gain critical control over its AP process, the organization recognized ReadSoft’s role in delivering a more streamlined invoice process, tightly integrated with SAP and equipped with invoice processing reporting capabilities to track consistent progress and ROI.
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Not only large manufacturing companies, but companies of all sizes, are realizing the advantages automation solutions such as this one. ReadSoft is one of a number of excellent solution providers that can help a company drastically reduce paper use and manual data entry, while improving workflow and visibility. To learn more about how to seamlessly integrate a new solution into your SAP platform, download a FREE copy for PayStream’s report, titled Automation Solutions for SAP.