PROACTIS Blog

Savings #2 - What happens if…I integrate, streamline and automate my Purchase-to-Pay process?

Charlotte Sutton
Charlotte Sutton,
PROACTIS
With an enterprise-wide Purchase-to-Pay (P2P) framework, organisations have been able to ensure compliance with established approval policies to avoid wasteful purchases while making it easier than ever to get the goods and services they need from the suppliers that deliver the best value.
With AP Automation, many have been able to remove the bottlenecks and complexity that causes cost, inefficiencies and delays. They've replaced manual, paper-based processes with streamlined systems for faster cycle times, swifter payments and lower costs.

Here are just some true stories from PROACTIS customers...


One of Europe's commercial forestry companies – with employees in Ireland, the UK and the Netherlands implemented a P2P solution. As a result, it saw a 45% reduction in paper invoices while 99% of payments are now made by Electronic Funds Transfer. AP administration costs have been reduced dramatically.





Four of the largest universities in The Netherlands use leading edge solutions to reduce the overall cost of purchased goods and services, improve ­financial control and mitigate risk. 






A leading vertically integrated supplier of aggregates, ready-mixed concrete and paving services, operating across 44 states in the United States, has streamlined process controls on transactions and increased spend under 
management.






One of the largest police authorities in the UK with 35 administrative departments raising 80,000 orders a year has been able to automate its entire P2P process, reduce processing costs and create a full audit trail.








An operator of logistics, distribution and light industrial warehouses across Europe with approximately £4.9 billion turnover is consolidating its multiple legacy systems into a single P2P and AP Automation system to enable even greater growth.




A global provider of parts used in the power industry, oil and gas industry, and pulp and paper plants has achieved almost 100% corporate compliance of indirect purchases and supplier selections. This was despite the complexity of the company having direct employees located in 15 countries and representatives in over 60 more.







A national charity with approximately £50 million annual spend throughout fi­ve regions, 35 organisation-centres and 172 independently-run centres has transformed its P2P process. It has replaced manual, paper-based buying processes with an electronic process that is now driving increased policy and supplier compliance, improved budget management and spend visibility which is being used to better leverage organisation-wide buying power.



To find out more, visit our Purchase-to-Pay page. Or alternatively, read the next article in this series titled 'Savings #3 - What happens if... I work more effectively with my suppliers?'
 

 
 
 
 
 
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