The client has offices in the world's major financial centres and covers global foreign exchange, commodity, equity, freight, precious metals, property and pulp & paper markets. It also provides back office functions for numerous organisational entities.
PROACTIS was selected to improve invoice processing:
- Automate the workflow for approvals and authorisations
- Improve reporting on suppliers by providing reliable and consistent information
- Improve efficiency by automating the process and the posting of journals entries to the GL
- Improve control framework by automating and tracking approvals
Simon Dadswell, Marketing Director of PROACTIS, said: "PROACTIS Invoice Automation ensures full control over the invoice handling process, workflows, rights and business rules. We have delivered a faster standard process for all invoices and the registration of new suppliers. The results are improved cash flow and efficient data access."
PROACTIS cloud-based invoice automation software solutions enable organisations to streamline their financial processes to gain full visibility, compliance and control over spend, while increase operational efficiency and reduce costs.