Why pay more when you could cut running costs?
Every step in a company generates costs. For this reason,
the individual departments such as invoice verification or purchasing are
largely digitized. A workflow engine controls the individual work processes in
your business process chain. The objective is the automated control of the
individual process steps such as the factual examination of an invoice.
Check the agent determination. Is the vacation replacement regulated? Missing invoices either cause additional costs due to reminders or prevent the exploitation of discount savings potential. Project that over the whole year. A nice sum comes out of that.
Analyze your blocking reasons and process blockers. For example, how many invoices from a particular vendor had to be processed again due to incorrect goods receipts?
Examine your lead times. How often do price changes for the order take place during invoice verification? Faster lead times save not only costs, but also nerves!
How high is the degree of automation of your digital business processes? Documents that have gone through further process steps without changes except for manual approval can be automated.
Maintain and clean your master data. Annoying duplicate entries slow down processes. Required master data can, for example, be checked and maintained based on frequency and use in invoice verification and the ordering process.
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