Property Brokers real estate company has over 41 branches and over 550 people covering provincial New Zealand.

Business requirements:

• Improve overall invoice management process through automated capture of invoices and electronic matching and routing for approval
• Reduce time and cost associated with manual matching, distribution of invoices and keying of information
• Provide visibility and accountability by being able to track invoices in real-time through the workflow approval process
• Eliminate overpayments or double payments through rigorous automated checks for duplicates and improved visibility of billing history
• Provide better service to the business by enabling retrieval of invoices and the associated audit logs within a couple of clicks
• Ensure continuity and reliability of information through integration with Accredo (accounting system)

Solution:

• Esker Accounts Payable Automation platform processes 1.200 – 1,300 invoices a month
• Solution implemented includes intelligent capture, touchless matching and electronic workflow capabilities

Outcomes:

• Automated invoice and expense approval process
• Visibility provided to branch and department managers on costs
• Reduced time and costs related to manual data entry and invoice handling
• Cloud-based solution allows users to approve and view invoices
• Monthly invoice processing close-off time reduced

To learn how property brokers mastered Accounts Payable Automation, click here.