Case Study
Invoice Automation Adds Value To ABB’s Accounts Payable
ADDS VALUE TO ABB’S ACCOUNTS PAYABLE INVOICE AUTOMATION CASE STUDY: ABB WITH MILLIONS OF INVOICES RECEIVED ANNUALLY IN COUNTRIES AROUND THE GLOBE, IT WAS INEFFICIENT FOR ABB TO CONTINUE RELYING ON MANUAL INVOICE PROCESSING METHODS. THE COMPANY TURNED TO BASWARE’S INVOICE AUTOMATION SOLUTION WITH THE GOALS OF INCREASING EFFICIENCY , ACHIEVING A HIGHER DEGREE OF VISIBILITY AND STANDARDIZING THE INVOICE HANDLING PROCESS. ESTABLISH SHARED SERVICE CENTERS As the global leader in power and automation technologies for utilities and industry, ABB receives and processes millions of invoices each year in countries all around the world. Trying to keep track of all these invoices and manage accounts payable (AP) processes was a very labor intensive and time-consuming process. With a