| Announcement |
23 April 2010 |
TDG Accounts Payable Document Management
TDG is one of Europe’s leading supply chain management companies with over 6,500 employees across the UK and Europe. With around 8,000 suppliers submitting in excess of a quarter of a million invoices each year, the accounts payable workload was substantial and any efficiencies will have a significant effect on TDG’s
document management costs.
TDG has implemented Bottomline’s Transform Intelligent Capture Services to automate its
accounts payable process. Over the first 15 months they have seen their invoice processing backlog awaiting resolution, fall from around 7,500 to under 200.
The percentage of invoices that are processed without manual intervention (Straight Through Processing) has grown from under 20% to nearly 60% with scope for further improvement in the coming months.
“We selected Bottomline because they had all of the infrastructure in place to support our operation from day one, as well as having a history with us through our extensive use of their payment and print management solutions.”
Nigel Rouch, Senior Project Manager TDG
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