CASE STUDY

FCL Transforms its Paper-based AP Operations

with SCANMAN AP Automation for JDE

Solutions

SCANMAN AP Automation

AP Reporting on ReportsNow DAS

Industry: Wholesale & Distribution

Country: Canada

Achievements

60% Improvement in total turnaround time

C$72K Reduction in late fees

Most invoice are processed within minutes

FCL CO-OP

Challenges

At FCL (Federated Co-operatives Limited) there was a strong need to automate paper-based AP processes. The AP team was facing four main challenges.

Get Invoices to the right payable group

Invoices often ended up with the person or team who made the order instead of the right payable group

Avoid late fees, penalties and charges

AP processes were often higher than industry standards, resulting in late fees, charges and penalties

Low visibility on invoice status

The AP team lacked visibility into invoice tracking

Inefficient invoice capture and approval

FCL didn’t have a process to capture electronic invoices and approvals

Industry: Wholesale & Distribution

Country: Canada

Achievements

60% Improvement in total turnaround time

C$72K Reduction in late fees

Most invoice are processed within minutes

Solutions

SCANMAN AP Automation

AP Reporting on ReportsNow DAS

FCL CO-OP

Challenges

At FCL (Federated Co-operatives Limited) there was a strong need to automate paper-based AP processes. The AP team was facing four main challenges.

Get Invoices to the right payable group

Invoices often ended up with the person or team who made the order instead of the right payable group

Avoid late fees, penalties and charges

AP processes were often higher than industry standards, resulting in late fees, charges and penalties

Low visibility on invoice status

The AP team lacked visibility into invoice tracking

Inefficient invoice capture and approval

FCL didn’t have a process to capture electronic invoices and approvals

"The SCANMAN team was very responsive, and able to get things done quickly. Thanks to the seamless integration with JD Edwards, its AP automation is very easy to use, and it has enhanced our AP team efficiency, helped us avoid late penalties fees, and take control of paper-based operations.”
Duane DeRosier | FCL
Associate Vice President Finance & Systems

RESULTS

AP Automation Improvements

FCL saw significant improvements just a few months after implementing SCANMAN AP Automation and ReportsNow DAS for JD Edwards. Here are some of the results achieved by the company.

LATE FEES
-C$ 0 K

Invoice processing became faster and resulted in a decrease in late fees

IMPROVEMENT
0 %

In total turnaround time over a period of six months

MINUTE
0

Most invoices are processed within minutes, and exceptions are handled in maximum five days.

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