Automating Accounts Payable with Basware
How Toyota group modernized its finance and administration function and improved job satisfaction and performance for the company’s accounts payable team with Basware
Dealing with invoicing peaks at the end of the month for 2,500 invoices per month doesn’t seem an overly onerous task – unless you’re doing it by hand. When you consider the high invoice values for electric and thermal forklifts, however, automating processes in order to reduce errors and litigation management workloads is a no-brainer.
Not only has Basware helped Toyota Industrial Equipment eliminate all the tedious manual work for their accounts – saving them about eight working hours a month, or 60% of the time they spend on payments – they have also saved around 50 working hours a month when it comes to dispute management.