Daniel Garuti, Vice President and accounting supervisor of Loomis, Sayles & Company, was charged with finding ways to reduce costs, create efficiencies and gain visibility into the company’s accounts payable processes. Corporate executives wanted to also promote more environmentally sustainable initiatives and reduce the amount of paper-based invoices. Basware Invoice Automation delivered Loomis Sayles these goals with an ROI within 14 months.
“Basware solution saves significant time and money, enables enhanced tracking and easy auditing, and provides the accuracy, efficiencies, visibility and control we need.
We’re even using it to monitor suppliers and look for opportunities to consolidate invoices and capture early payment discounts.”
Daniel Garuti, Vice President and accounting supervisor,
Loomis, Sayles & Company, L.P.