New England Advisory Firm Reduces AP Processing Time by 40%

By NE Docs | June 8, 2015

New England Advisory Firm Reduces AP Processing Time by 40%

As businesses grow, they tend to encounter growing pains. For BlumShapiro, New England’s largest business advisory firm, this involved an increasing volume of invoices. As the firm continued to grow through several acquisitions, their manual processes were becoming increasingly expensive and inefficient. Manually searching for misplaced invoices and handling paper documents proved to be one aspect of BlumShapiro that did not scale well.

As a business firm that provides accounting and business consulting services, it was critical for BlumShapiro to automate and streamline their own AP processes. The solution? Accounts Payable Automation.

“…they were able to reduce their invoice processing time by 40%” According to Martine Rheaume, the Assistant Controller at BlumShapiro, they were able to reduce their invoice processing time by 40% by automating their AP processes.

Having invoices routed directly into a workflow has eliminated the need to search for lost invoices and has streamlined their invoice reviewing and approval processes.

One of Massachusetts’ largest regional accounting and business consulting firms has found the value in AP automation – have you?

About BlumShapiro:

BlumShapiro services clients from six offices in Massachusetts, Connecticut, and Rhode Island. Their clients include those in construction, distribution, retail, and healthcare.

Share this post on...Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin

Leave a Comment

Your email address will not be published.