Read Watch

Marc Jacobs Automate their AP in 3 Weeks with ROI in Under 12 Months

{{article.author.firstname}} {{article.author.lastname}}
Sally Hardcastle
Feb 24, 2021

The fashion industry is fast-moving and businesses need to be agile to compete. Marc Jacobs had a number of preferred suppliers they needed to keep happy, but a lengthy and fragmented AP process meant invoices were not always paid on time. The need for automation was clear, so the decision was made to introduce a cloud-based solution which allowed invoices to be approved on the go. MediusFlow’s AP workflow, integrated with Microsoft Dynamics AX, was implemented and rolled out in only 3 weeks, and the results were near instantaneous.

Watch this short-video to discover how:

  • They are now processing 93% of invoices without any manual intervention
  • They achieved a positive ROI in less than 12 months
  • Their suppliers are incredibly happy, with the average invoice lead time reduced from 45 days to just 11 days

 

Marc Jacobs Case Study

To read this article you have to be registered.

Become a member to access all content and / or download it