Implementation of
Accounts Payable Flow with Buildsimple

Efficient Invoice Processing through
Digital Transformation

The digitalization of the invoice receipt process revolutionizes the handling of incoming invoices by replacing paper-based and cumbersome procedures. With a modern, cloud-based solution, invoices are digitized and integrated into the e-file, significantly reducing lead times and processing durations. The implementation of ISR Accounts Payable Flow and the utilization of Buildsimple for data extraction optimize cash discount utilization and enhance efficiency. The comprehensive solution, from process analysis to implementation, ensures rapid and cost-efficient invoice processing with minimized Total Cost of Ownership (TCO).

Headquarters: Munich

Employees: approx. 630

Revenue: approx. €324 million (2022)

CHALLENGE AND REQUIREMENTS

Replacement of the paper-based and cumbersome invoice receiptprocessing process
Reduction of lead and processingtimes for incoming invoices; Optimization of cash discount utilization
Integration of invoices located in the e-file as an additional input channel
Digitalization of incoming invoices through a cost-effective, modern cloud-based solution

SOLUTIONS

Analysis and design of the invoice receiptprocess and elimination of existing vulnerabilities
Implementation of ISR Accounts Payable Flow with integration of the existing e-file and its invoice documents
Implementation of Buildsimple for the classification and extraction of invoice documents – the business dataextraction is utilized in subsequent processes

Employee Quote

ISR Accounts Payable Flow: Faster and More Efficient

Through the implementation of ISR Accounts Payable Flow with Buildsimple, process times and costs for invoice receipt processing are drastically reduced. The Return on Investment (ROI) is achieved in less than 3 years.

Mark Hommola

Head of Business Unit “Business Process Automation”
ISR Information Products AG

WHAT THE CLIENT VALUES IN US

Conception, implementation, and integration of all involved partners within the customer's ecosystem
Turnkey solution with minimal internal effort: From process analysis, through design & implementation of the solution, to operational handover