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Toyota

Automating Accounts Payable with Basware

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  • Industry:
    • Manufacturing
  • Regions:
    • Europe
  • Solutions:
    • AP Automation
    • E-Invoice Receiving

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.

Read the case study to learn more about: 

  • How budget monitoring has been significantly optimised thanks to e-invoicing and invoice validation, paper has been eliminated and invoices can now be tracked and
  • The important role that SYLEG, one of Basware’s partners, played in choosing and rolling out Basware’s invoice automation solution – which has enabled the automatic processing of supplier invoices and even expense management.
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