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E-Invoicing Saves Schneider Electric $500k in First Year

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Editor Coda
2021/09/15

Schneider Electric were facing a multitude of problems within their AP department. 90% of their invoices were paper-based, teams were located at 3 different offices dealing with several legacy accounting systems and multiple vendor master files.

They wanted to optimise and streamline invoice processing with the goal of reducing errors, increasing controls and cutting costs.

Download this case study to discover how Schneider Electric:

  • Realised an annual saving of $500k in the first year
  • Achieved an 85% STP rate
  • Freed up staff and resources for more value-adding tasks
  • Are able to offer multiple submission methods for suppliers

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