Betfred extends its Purchase-to-Pay strategy to include Accounts Payable Automation from PROACTIS
PROACTIS, a global Spend Control and eProcurement solution provider, today announced that existing Purchase-to-Pay customer Betfred, the well-known UK based bookmaker will be adopting invoice automation from Intelligent Capture, a newly acquired PROACTIS company.
An existing customer of the PROACTIS Purchase-to-Pay solution, Betfred sought to further improve efficiencies and reduce costs within the Accounts Payable process. Through detailed discussions of the current inefficiencies and potential solutions, Betfred selected the Intelligent Capture solution that will address both the paper and PDF purchase invoices that are received, with advanced data capture technologies, a dedicated query resolution process and seamless integration into PROACTIS Purchase-to-Pay. This will enable Betfred to drive out current bottlenecks, enable greater financial controls, streamlined processes and reduce costs.
By selecting the Intelligent Capture solution, Betfred are driving full automation and control of the entire purchase to pay process with PROACTIS, from the creation of the electronic purchase order through to receipting, invoice capture, query resolution and matching.
“Intelligent Capture met with us and discussed our existing processes and areas where we felt we could drive greater efficiencies. They showed a real enthusiasm and passion to make our processes better and in doing so were very focussed on how costs could be driven out while maintaining quality and control, discussing all of the options and coming forward with recommendations,” commented June Manock, Head of Internal Control at Betfred. “The fact that Intelligent Capture was also part of PROACTIS Group provided us with even greater confidence that we were making the right choice in having a fully automated end-to-end solution from PROACTIS.”
“The addition of the Intelligent Capture solutions, pedigree and experience has provided a compelling platform of capabilities to existing and potential customers of PROACTIS seeking to reduce costs through automation and adoption of best practice processing,” commented Ilija Ugrinic, Commercial Director at Intelligent Capture, “We are delighted that Betfred has selected Intelligent Capture and in doing so is automating the entire purchase to pay process with solutions from PROACTIS.”