Automating Invoice Processing Brought Significant Savings
Finnair, a Finnish airline, has seen firsthand how inefficient processes can swallow up large amounts of capital. Before, Finnair handled annually 115,000+ invoices manually, resulting in lost invoices and high handling costs per invoice.
“Invoice automation has actually improved Finnair’s competitive
position by providing us with greater operational transparency
and responsiveness. It enables a more solid connection with
line-of-business people across the Group and strongly infl uences,
and improves, purchasing decisions.”
Director Cash Management