Accounts Payable Automation solutions that make it all happen for Manufacturing Businesses
Organizations in the manufacturing sector have unique AP needs. Handling a variety of different types of suppliers can be extremely time-consuming and labor-intensive, and the amount of pressure to increase efficiency, reduce costs, and build good relationships with suppliers can be overwhelming.
So why do so many manufacturing companies still use labor-intensive, antiquated processes?
With Basware, now it all just happens. Our AP Automation solutions allow manufacturing companies to automate AP processes to achieve invoice processing efficiencies and cost savings, rein in maverick spending, and offer real-time visibility into overall spend.
The benefits of AP Automation for the Manufacturing sector
Paid on time
ABB Case Study
As the global leader in power and automation technologies, ABB receives and processes millions of invoices each year in countries all around the world. Trying to keep track of all these invoices and manage AP processes was a very labor intensive and time-consuming process.
The flexibility of Basware’s technology and its ability to adapt to local variations of ABB’s standard accounts payable process, enabled ABB to implement the solution in 18 countries.
We were particularly impressed with Basware’s ability to connect to multiple ERPs. Additionally, the solution’s multilanguage and multicurrency capabilities, along with Basware’s global operations, were essential to support our global organization.
When it comes to financial processes, manufacturing organisations are still mired in paper and manual, labor-intensive processes. Simultaneously, they are under tremendous pressure to increase efficiencies, contain costs, and strengthen supplier relations.
Download our industry factsheet to find out more about how your business can benefit from AP Automation.
Why customers work with Basware to make automation happen
Cutting-edge technology powered by AI & ML that eliminates all manual processes
Global compliance capabilities and the ability to integrate with 250 ERPs across more than 175 countries
40 years of specialized experience implementing best practices and reducing risk across finance operations
What other industries do you support with AP Automation?
At Basware, we are proud to deliver an AP Automation solution that's versatile to meet the needs of many industries. We firmly believe that no industry should be left out when it comes to streamlining their accounts payable processes, which is exactly what companies achieve with our solution.
Whether you're operating in the biopharma, construction, consumer goods, education, energy and utilities, financial services, healthcare, hospitality, manufacturing, oil and gas, real estate, retail and ecommerce, or transportation and logistics industry, rest assured, we've got you covered.
Each of these industries has unique needs and challenges, and our solutions are tailored to meet those specific demands. To see how we serve your industry, visit our industry-specific pages and explore how we can make a difference in your accounts payable operations.