Knowledge Centre
Case Study - Avnet
What do they do?
As one of the World’s largest global distributors of electronic parts, enterprise computing, storage products and embedded subsystems, Avnet provides a vital link in the technology supply chain. A Fortune 500 company, Avnet has more than 13,000 global employees with sales in over 70 countries. With a customer base that includes large, global organisations for which Avnet manages the entire distribution cycle, efficient communication and critical supplier interaction.
Why did they need our help?
“Given our high order volumes, paper invoices were simply creating too many inefficiencies,” said Doug Adams, European Supplier Finance Director. “For a number of our suppliers, however, EDI methods are not a viable option. As a result, we were devoting time and resources toward the manual processing of approximately 10,000 invoices per month.”
Why Bottomline?
Following a thorough evaluation of potential vendors and their capabilities for transactional document automation, Bottomline emerged as the clear choice for Avnet to address this. In addition to the breadth and depth of the functionality Bottomline’s solution offered, contributing factors in the company’s decision were the control individual users have in creating documents, the ability to integrate with multiple ERP systems and the comprehensive product training offered by Bottomline
What do they have to say about us?
“As an organisation that has proactively sought to drive cost reduction and take advantage of the benefits of automation, we’ve been very pleased with the success of our Bottomline implementation. Not only are we less reliant on our IT department, but in a very short time we’ve been able to redefine our approach to handling inbound paper invoices, make better use of our existing AP staff and continue to drive down our invoice processing Costs.”
Doug Adams, European Supplier Finance Director
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