CHALLENGES: Long payment cycles & reconciliation issues

Large organisations with a global reach such as International SOS often encounter difficulties achieving visibility over their payables and receivables. What makes the situation for International SOS distinctive is that the company goes through both an accounts payable (AP) and an accounts receivable (AR) process when serving its customers. Manual processes and lack of collaboration led to extended payment cycles and account reconciliation issues at the company.

CHALLENGES: Manual data entry slows the pace of order processing

Delivering its over 10 million products to Singapore, Malaysia, the Philippines, Australia, New Zealand and the Middle East region, MISUMI processes 12,000 orders every year. These orders were handled manually, which resulted in errors and valuable time being eaten up by manually exporting and importing orders into the Zetta ERP.

CHALLENGES: Modernising a highly manual AP invoicing process

Because its AP process was manual, processing a single supplier invoice could take days or weeks or even longer; it was all dependent on how quickly it got approved.

Without visibility into approval workflows and general performance metrics, LTP Sports had a hard time understanding its cash position and the status of its supplier invoices. At this point, the company knew its AP processing was in dire need of modernisation.

CHALLENGES: Addressing the growing pains of manual AP

DMC Global needed a way to centralise its AP process to eliminate the bouncing back-and-forth between various systems and finally achieve the global visibility, cost savings and efficiency it was lacking to be able to continue growing at its current and future rate. Disjointed processes and filing cabinets packed with paper invoices were keeping its staff occupied with tasks that cost time and resources, without adding any real value.