An automated solution from PROACTIS – supplied as a managed service – now streamlines the processes of invoice receipt and approval and reduces the manual intervention.
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