Case Study

Improved Accounts Payable Performance: Immediate £400,000

Improved Accounts Payable Performance: Immediate £400,000

Pages 3 Pages

PAYABLE PERFORMANCE: IMMEDIATE £400,000 IMPROVED ACCOUNTS CASE STUDY: ADT & TYCO FIRE ESTABLISHING A SHARED SERVICE CENTER (SCC) OPERATION WITH AN INVOICE AUTOMATION SOLUTION DELIVERED ADT AND TF&IS SIGNIFICANT COST REDUCTIONS WHILE INCREASING ACCOUNTS PAYABLE (AP) PRODUCTIVITY . INVOICE CYCLE TIMES WERE REDUCED BY 75% AND ANNUAL PROCESSING VOLUMES GREW FROM 10,000 TO OVER 40,000 PER FTE. When Tyco International companies ADT Fire and Security plc, the world leader in electronic security, and Tyco Fire & Integrated Solutions, the UK’s premier fire protection provider, set out to modernize their invoice handling, they faced a significant task. Processing more than 250,000 invoices, across 20 regional sites in the UK, using decentralized ERP systems was creating significant

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