Process efficiency & reduction of processing costs

Efficiency gains from digitising the purchase-to-pay process:

• Use your cash discount period
• Reduce your Procure2Pay cycle times by 40-50%
• Reduce or cut out manual processing
• Remove manual controls
• Streamline document matching
• Improve data quality
• Better visibility and transparency across procurement
• Reduce time-to-fill cycle times
• Improved control and security
• Reduction of invoice processing costs by 50-75%
• In 2018 the American Productivity and Quality Center (https://www.apqc.org) reported that “top performers” (Top 25% of businesses evaluated) spent an average of USD 2,07 per invoice, whereas the bottom 25% spent USD 10 or more. Why? Main reason: Automation.

Let’s do it together. We are looking forward to hearing from you.