How 75% faster invoice processing lets Wenspok Companies manage cash more strategically
How 75% faster invoice processing lets Wenspok Companies manage cash more strategically
3 PagesWenspok Companies, a Wendy's franchisee group, transformed their accounts payable (AP) process with Stampli after an unsuccessful experience with a previous provider. By integrating Stampli with their Sage Intacct ERP, they achieved a 75% reduction in invoice processing time (from 28 days to 7), an 87% reduction in approval time (from 16 days to 2), and a 73% faster monthly close for credit card transactions. Stampli's automation, including its AI tool "Billy the Bot," improved cash flow visibility, operational agility, and freed up the finance team for higher-value tasks.
