Sonae Transforms Accounts Payable Process with Automation from Kofax
Sonae Transforms Accounts Payable Process with Automation from Kofax
3 PagesCASE STUDY Sonae Transforms Accounts Payable Process with Automation from Kofax. Work Like Tomor?w. €13 million SAVED ANNUALLY Enables FASTER SUPPLIER PAYMENTS 75% OF ACCOUNTS PAYABLE PROCESS NOW TOUCHLESS Multinational retail giant Sonae has enhanced the efficiency of its accounts payable function, harnessing automation to deliver 100% paperless and 75% touchless processes. Using Kofax CaptureTM and Kofax TransformationTM, the company can process approximately three million invoices from 23,000 suppliers quickly and accurately, while saving an estimated €13 million annually.Nuno Guerreiro commented, “We wanted to move to a paperless and touchless process without compromising on control. We knew that implementing these three strategic actions would allow us to dramaticall
