Case Study
European Motor Distributors - Driving AP Performance With Cloud-Based Accounts Payable Automation
CASE STUDY ACCOUNTS PAYABLE INDUSTRY • Automotive ERP • MS Dynamics NAV EUROPEAN MOTOR DISTRIBUTORS DRIVING AP PERFORMANCE WITH CLOUD-BASED ACCOUNTS PAYABLE AUTOMATION BACKGROUND European Motor Distributors (EMD) is a subsidiary of Giltrap Group Holdings, a large automotive group in New Zealand. Consistent growth over the recent years created a challenging workload for the company’s accounts payable (AP) team. EMD relied heavily on paper-driven processes. This included manually entering data from the 3,500 invoices received each month in PDF format, into EMD’s financial software. On receiving the documents, the AP department printed out and circulated each invoice for approval. The approval process included verification of the invoice amount and coding. Once approved, invo