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MITSUBISHI ELECTRIC 
CASE STUDY

mitsu power
 
 

With so many invoices being manually entered every day by Mitsubishi Electric employees, the business wanted to speed up their invoice processes and free up staff time.

Their main requirements were to move to an automated system in order to eliminate building frustration, and do this with minimal disruption.

Read the Mitsubishi Electric case study to learn how they transformed their Accounts Payable function to process 90% of their invoices automatically into SAP.

 

 "When an invoice arrives there is no need to touch SAP, it all happens automatically
Emma Taylor, Accounts Payable Manager

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discover streamline for invoices driving innovation

In an increasingly digital world there is no room for lost time as a result of bottlenecks, delays with the circulation of paper, lack of visibility or numerous errors and fraud risks linked to a poorly controlled process. Small or large, all companies are faced with these problems.

The digitisation of supplier invoices, and the digitalisation of financial processes propels organisations and businesses towards greater productivity and operational efficiency with a significantly improved image.

Speed of action, transparency of processes and actionable corporate responsibility can all be assisted with cloud based applications and platforms.

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Want to know more? follow the itesoft blog for further insights...

5 BIGGEST MISTAKES IN ACCOUNTS PAYABLE
AND HOW TO FIX THEM

I have spoken to countless Accounts Payable and Finance professionals in my time, hearing horror stories about how they process invoices and make payments.In this article I have picked my top 5 favourite answers to the question “So how do you currently process your supplier invoices?” and what my response would be.

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WANT YOUR INVOICES PAID WITHIN 30 DAYS?
TRY 1.2

Out of 6,376 reports of UK companies’ payment practices, 3,913 companies reported taking over 30 days to get invoices paid. That’s 61% of companies.
Why is this? It could be due to a number of factors, I would place a large wager on the biggest factor being the lack of automation and the use of paper invoices. 

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