In this episode, we explore how a multinational publishing and education company operating in over 70 countries optimized its Accounts Payable (AP) processes through Business Process Management (BPM) solutions provided by Datamatics. The client faced challenges in managing a high volume of invoices—approximately 250,000 annually—due to manual processing, leading to reduced productivity and increased operational costs. Datamatics implemented an end-to-end outsourcing BPM solution, centralizing operations from mailroom activities to check printing and payment register posting. This automation led to significant improvements, including a 30% cost savings on outsourced work, better realization of early-payment discounts, enhanced cash flow with reduced Days Outstanding, and a transition to a paperless AP office, providing better control over invoice handling. ​

🔗 Read the full case study here: https://www.datamatics.com/resources/case-studies/bpm-optimizes-accounts-payable-process-for-a-leading-education-publisher

Tune in to discover how Business Process Management can transform financial operations and drive substantial cost savings in the publishing industry! 🎧📚