Case Studies #Accounts Payable

We worked with the client to implement the new procedures and studied the results over the 30-60-90 day implementation cycle. The results were impressive: Payment lead-time was reduced from 29 days to 20 days (time from receipt to the ability to process for payment) Observed error rate reduced from 20+% to less than 1% 32% reduction in processing time per invoice, led to a reduction of overtime in the department from 22% to 11%