Case Study: eInvoicing Enables Screwfix to Expand Cost-Effectively

Charlotte Sutton
Charlotte Sutton,
Screwfix Direct is the UK’s largest direct supplier of tools, accessories and hardware to trades people, organisations and DIY enthusiasts. The company was growing rapidly but struggling to keep pace with the processing of its expanding flow of supplier invoices without investing in yet more staff resources. 
The Solution
An automated solution from PROACTIS – supplied as a managed service – now streamlines the processes of invoice receipt and approval and reduces the manual intervention.
The Result
Screwfix has been able to grow its business without growing its invoice processing resources. Increased productivity, no requirement to increase headcount and efficiencies from elsewhere in the business have rewarded Screwfix with annual savings of £100,000.
“Despite invoice volumes growing substantially, we have managed not to recruit the additional staff we thought we would have to. This has saved us in the region of £70,000 per year. With the additional efficiencies and productivities, we are enjoying annual savings of over £100,000 continuously,” says Paul Roy, Director of Operational Finance, Screwfix Direct. 

Read the full case study: Screwfix Nails Down Costs with PROACTIS
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