Save $20,000 per month
Issue: Unable to process Accounts Payable quickly enough to take benefit of 2% discount for paying within 10 days of the invoice.
Scope: Gross monthly Payables approx $1,000,000.
Identified client had highly inefficient process for handling invoices which included PnL coding, approval procedure, and check writing.
Resolution was a re-design and implementation of the process, with minor technology changes