Introduction
Accounts Payable Flow with Buildsimple

Efficient invoice processing through
digital transformation

The digitization of the invoice receipt process is revolutionizing the processing of incoming invoices by replacing paper-driven and cumbersome procedures. With a modern, cloud-based solution, invoices are digitized and integrated into the eFile, significantly reducing turnaround times and processing time. The introduction of ISR Accounts Payable Flow and the use of Buildsimple for data extraction optimize the use of cash discounts and improve efficiency. The entire solution, from process analysis to implementation, ensures fast and cost-efficient invoice processing with minimized total cost of ownership.

Registered office: Munich

Employees: approx. 630

Turnover: approx. € 324 million (2022)

CHALLENGES AND REQUIREMENTS

Replacement of the paper-driven and cumbersome invoice receiptprocessing
Reduction of throughput andprocessing times for incoming invoices; optimization of cash discount utilization
Integration of invoicesin the eFile as an additional input channel
Digitization of incoming invoices using a cost-effective, modern cloud-basedsolution

SOLUTIONS

Analysis and design of the invoicinging process and elimination of existing weaknesses
Introduction of ISR accounts Payable Flow with connection to the existing eFile and their invoice documents
Implementation of Buildsimple for the classification and extraction of invoice documents - the specialized data extractionis used in other processes

Employee quote

ISR Accounts Payable Flow: Faster and more efficient

The introduction of ISR Accounts Payable Flow with Buildsimple, the process times and costs of processing incoming invoices are drastically reduced. The return on investment was achieved in less than 3 years.

Mark Hommola

Head of Business Unit "Business Process Automation"
ISR Information Products AG

WHAT THE CUSTOMER APPRECIATES ABOUT US

Conception, implementation and integration of all partners involved in the ecosystem of the customer
Turnkey solution with low internal internal effort: From analysis of the process, through design & implementation of the solution through to handover into operation