Case Study

Elix Polymers - Processing Invoices Faster Thanks To Accounts Payable Automation

Elix Polymers - Processing Invoices Faster Thanks To Accounts Payable Automation

Pages 2 Pages

CASE STUDY ACCOUNTS PAYABLE INDUSTRY • Manufacturing ERP • SAP ELIX POL YMERS PROCESSING INVOICES FASTER THANKS TO ACCOUNTS PAYABLE AUTOMATION BACKGROUND ELIX Polymers is a leading manufacturer of ABS (Acrylonitrile-Butadiene-Styrene) resins and derivatives in Europe to key markets including healthcare, automotive, electrical and electronic devices. The company was looking for an accounts payable (AP) solution to automate the 8,000 supplier invoices processed manually at its headquarters in Tarragona, Spain, and at its North American subsidiary. ELIX Polymers was manually processing its supplier invoices, 75 percent of which were received via email and 25 percent via postal mail. This resulted in significant administrative time and a disconnect with the company's SAP ® ERP system

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