How Sapper helped a distribution and marketing giant?
Our client, a global leader in selling, marketing, and distributing food and non-food products was dealing with invoices and payments in a semi-automatic manner. So, they reached out to Sapper to streamline and fully automate their accounts payable processes.
Their previous process was able to meet the partial requirement of digitization of non-EDI invoices. However, there were still a lot of anomalies which needed manual intervention to vet and resolve. Sapper not only improved the accuracy of invoice matching but also helped to decode the data and resolving the inconsistencies. Saving time and money has been a huge benefit for the customer, but indirectly their end customers and suppliers were also happy as they started receiving payments on time.
AP Automation brought them huge savings as the penalty over the late payments dropped significantly and it is reducing over time as ML models are maturing. Also, they could utilize their people in other strategic work.
The Invoice Processing automation is tested for a large volume of data. It helped the customer to achieve processing for a volume of 20,000 invoices per month across 6000+ associates.