Improved AP performance delivers immediate £400,000 savings
ADT and Tyco Fire set up a Shared Service Center and implemented Basware invoice automation solution. As a result, they saved £400K annually, and increased productivity: invoice handling times have been reduced by 75% and annual processing volumes quadrupled from 10,000 to over 40,000 per full-time employee.
“Cost cutting is a huge priority for any business. When you see numbers like that, it really highlights the efficiencies and cost savings that automating your processes can bring.” - Steve Katona, Accounts Payable Manager ADT and Tyco Fire & Integrated Solutions