Summary
Konica Minolta helped WD-40 Company Australia automate invoice processing with FileBound, cutting paper use and saving a day of processing time each month.
CHALLENGE
- Around 100 paper based invoices processed weekly
- Manual approvals requiring physical signatures
- Wanted to reduce paper use as part of environmental commitments
SOLUTION
- FileBound document management and workflow platform
- PSIcapture for automated invoice intake
- Integration with WD-40’s ERP system
BENEFITS
- Invoice processing time cut by a day each month
- Finance team restructured for better efficiency
- Paper based processes eliminated
- Faster, easier audits with instant invoice lookup
Customer Success Story: WD-40 Company
WD-40 Company, based in Epping NSW, manufactures well known maintenance and cleaning products. As part of its environmental commitments, it wanted to cut paper use in its invoice processing, handling around 100 invoices a week manually.
Konica Minolta introduced FileBound with PSIcapture, automatically routing invoices for approval and integrating with WD-40’s ERP system. The change saved a day of processing time monthly and eliminated paper waste, prompting WD-40’s US parent company to adopt FileBound too.
WD-40 Company has a much happier finance team as a result of implementing FileBound. It has eliminated the wasted paper and the excessive time that was spent on data entry in the past.
Sue Nicholls · Finance Manager, WD-40 Company Australia
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