When paper piles up in an Accounts Payable (AP) department, it’s practically impossible to streamline purchase order processing. Without an efficient storage and retrieval system, which paper-based AP processes lack, it’s stressful to meet regulatory compliance with company policies. After a similar struggle, $7-billion-dollar company Commercial Metals Company (CMC) realized going paperless in AP was the only way to speed up purchase order processing, and this decision allowed them to regain hundreds of productive hours and save hundreds of thousands of dollars!
The Director of Shared Services at CMC worked with Digitech Systems reseller, CASO Document Management, to implement ImageSilo® because it offered the robust imaging, secure storage and file retrieval capabilities, and workflow tools CMC needed to automate AP processes without the need for IT resources! In their case study, you will see how easily PaperVision® Enterprise WorkFlow completed the centralization of CMC’s AP efforts by electronically routing purchase orders through their standard approval process. Their story also highlights how these automation solutions allowed CMC to accomplish more than simply eliminating paper throughout their processes—Read their case study to learn more about their benefits, such as:
- Decreased purchase order processing times by a third, saving hundreds of productive hours
- Reduced annual shipping costs by 5 figures
- Saved over 6 figures each year in personnel costs
- Enhanced third-party compliance to near 100%
Do you think you could go paperless and reap the benefits like CMC? Learn more about their story of automation implementation to see how you could be the next AP success story!
- Learn more about process automation solutions, and calculate your potential savings on our Process Automation page
- Take a glance at this process automation infographic that visualizes how you can efficiently process every invoice without paper, just like CMC’s AP story
- Not sure how to compare Digitech Systems’ solutions to other products? Read through Keypoint Intelligence’s Buyers Lab report on ImageSilo’s Platinum rating!
- Want to learn more about the opportunity in automation? Watch this recorded presentation to understand more about Robotic Process Automation (RPA) and the automation life-cycle
- Check out this similar Case Study that highlights how GPC Contracting Co., a professional construction and insulation company, implemented our process automation suite and expanded their business!
- Want to learn how paperless processes advance other industries? Skim over this healthcare industry infographic showing the benefits of digitizing health record systems, or read through this blog explaining the automation of claims processing