Webinar: Lloydspharmacy Reduces Costs and Increases Control - with Invoice Automation and e-invoicing

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Lloydspharmacy originally operated on a paper-based system, however, this inevitably caused problems such as lost invoices and duplicates being received. Missed discount opportunities and even penalties for late payment were also significant challenges, while the month-end accrual process was a lengthy and labour-intensive procedure. What’s more, with storage at the company’s head office in short supply, documentation had to be held remotely, making invoice retrieval slow and cumbersome.

The webinar shows how invoice automation and a focus on e-invoicing with suppliers has enabled the company to achieve the following benefits:

  • Reduced central resource
  • Faster payment
  • Greater visibility
  • Improved data analysis
  • Greater cost control