Molson Coors is one of the world’s largest brewers with a global footprint and operating segments. Six years ago, they made the decision to automate their paper-based invoice processes .The company began a multi-phase project to increase AP automation both internally and to benefit their multi-tier suppliers.
This case study outlines the steps Molson took to enable AP Automation in their environment and for their trading partners. In the first year of deployment, the results are dramatic:
- Cost to handle PO / Invoices dropped to $2.50 / transaction
- Yield: potential cost savings of $300,000
- Increased on-time invoice payments to 95%
- 750 hours saved in processing
Download the Case Study and learn more.