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DIGITIZING INVOICE HANDLING WITH BASWARE

Read how Wienerberger placed Basware’s e-invoicing solutions at the heart of their P2P operations to digitize their invoice handling and help drive greater efficiencies across their financial operations.

"I would recommend the Basware PDF e-Invoice solution to everybody. If you're willing to digitize your invoices, this is by far the best way forward for a decentralized organization."

Aleksandar Vuchkov, Wienerberger

THE SITUATION

  • Wienerberger processes c.400,000 vendor invoices per year

  • P2P decentralization led to a lack of transparency and consistency

  • Manual processes were time-consuming and prone to errors

  • Digitization was required in order to drive accuracy and cost savings

THE CHALLENGES

  • Wienerberger’s P2P landscape comprised multiple systems

  • Some entities were willing to embrace digitization more than others

  • Transitioning 51 entities to Basware required a strategic approach

THE SOLUTION: Basware PDF e-Invoice

  • So far, 19 out of 51 entities onboarded with Basware PDF e-Invoice

  • 100% increase in the volume of electronic PDF processed 2019 vs 2020

  • Increased transparency - Line level capability now available at no extra cost

  • Excellent data extraction quality resulted in significant increases in direct invoice postings

  • Productivity gains - 2.5xFTEs across invoice processing tasks

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