Summary
Konica Minolta subsidiary Stonebridge Solutions helped Adbri (formerly Adelaide Brighton) automate accounts payable, lifting straight through invoice processing from 30% to over 85%.
CHALLENGE
- About 100,000 invoices processed manually a year
- Frequent payment exceptions needing manual work
- Heavy reliance on email to track invoice status
SOLUTION
- OpenText Vendor Invoice Management for SAP
- Kofax OCR to extract data from invoices
- Automated data entry into ABL’s SAP system
BENEFITS
- Over 85% of invoices now processed automatically, up from 30%
- Fewer exceptions, less manual intervention
- Reduced headcount needs despite volume growth
- Full visibility into invoice status
Customer Success Story: Adbri
Adbri is a leading Australian construction materials producer with over 1,500 employees nationwide. Its finance team processed around 100,000 invoices a year manually, causing frequent payment exceptions and heavy email tracking.
Konica Minolta subsidiary Stonebridge Solutions implemented OpenText Vendor Invoice Management for SAP with Kofax OCR to automatically extract and enter invoice data. The Cement and Lime division now processes over 85% of invoices automatically, up from as low as 30%, while other divisions have absorbed growth without adding staff.
We were comfortable that the Stonebridge Solutions team would do a great job of implementing the solution. Indeed, the project came together seamlessly.
Mark Tosolini · Group IT Manager, Adbri
Ready to automate your accounts payable?
Talk to us about document and workflow solutions for your business.
