Scanning/OCR is sometimes a first step for organizations looking to automate invoice processing. At NSG Group, one of the world's leading manufacturers of glass and glazing systems, achieving only 20% touchless processing with its scanning/OCR system did not justify a broad rollout.

 

Instead, NSG Group moved beyond scanning/OCR with Ariba e-invoicing, where the PO-Flip (R) service functionality allows suppliers to "flip" POs into invoices. By automatically matching the order to the invoice, this smart invoicing approach helps drive straight-through processing rates of 90%+.

 

“Smart invoicing is really the key,” said Jonathan Fallows, NSG P2P Finance Manager. “We don’t want to just receive invoices; we want them to flow through AP in a touchless process, requiring no interaction with our AP team.”

 

The ability to support global e-invoicing, and the compliance requirements that differ by country, were other requirements that Jonathan cited for an efficient and effective global e-invoice process.

 

To hear the complete story, listen to the webinar recording: How e-invoicing helped NSG align finance and procurement, and take PO compliance from 50% to 90%