When paper piles up in an Accounts Payable (AP) department, it’s practically impossible to streamline purchase order processing, and paper invoices are twice as costly to process compared to automated invoices. In order to drive down operating costs, AP department managers are implementing automation solutions that can efficiently store and retrieve invoices, which paper-based AP processes lack. WorldWide Logistics, an established logistics and transportation management company realized automating their AP processes was the only way to speed up invoice processing, and this decision allowed them to regain hundreds of productive hours, streamline proceses, and increase their revenue by 30%!
The Executive AP of Technology at WorldWide Logistics worked with Digitech Systems reseller, Imagetek, to implement ImageSilo® because it offered the robust imaging, secure storage and file retrieval capabilities, and workflow tools they needed to automate AP and HR processes without the need for IT resources! This case study shows how easily WorldWide Logistics staff were able to streamline invoice processing with PaperVision® Enterprise WorkFlow by electronically routing invoices through their standard approval process. This story also highlights how implementing an automation solution allowed WorldWide Logistics to accomplish business goals and save money while speeding up business processes—Read their case study to learn more about their automation benefits, such as:
- Allowed the company to offer freight payment services and increased revenue by 30%
- Enabled a handful of people to effectively process thousands of invoices each week
- Saved hundreds of hours of file search time each year for employees in the carrier management department
- Reduced disaster recovery response time from 2-3months to minutes
Are you ready to go paperless and reap the benefits like Worldwide Logistics? Learn more about their automation implementation in this case study to see how you could become the next AP success story!
- Why does the editor of Document Imaging Report, call PaperVision® Capture one of the best and most versatile capture solutions and automation tools available? Find out by reading this report.
- Check out this similar Case Study that highlights how Commercial Metals Company (CMC), a $7 billion dollar manufacturing company, implemented our process automation suite to automate their AP department!
- How can automation streamline your Accounts Payable (AP) processes? Check out this infographic to learn the benefits of automating AP processes.
- You can automate processes in any industry! Read this case study to see how a school in Illinois was able to automate their Human Resources (HR) and Accounts Payable (AP) departments, allowing more money to be put to work for the students. Read this education brief to learn about protecting student records.