NewswireToday - /newswire/ -
Leopardstown, Dublin, Ireland, 2012/02/21 - SoftCo is pleased to announce that Bulmers Limited has chosen SoftCo to deliver an AP Automation solution to handle its growing volume of supplier invoices - SoftCo.com.
SoftCo, a global supplier of document management and business process automation solutions, is pleased to announce that Bulmers Limited has chosen SoftCo to deliver an Accounts Payable automation solution to handle its growing volume of global supplier invoices. Bulmers Limited is part of the global C&C Group, producing some of the most famous cider and lager brands in the world.
Bulmers had an urgent requirement to implement a workflow and document management solution to streamline the process of approval and payment for almost 40,000 supplier invoices annually. Bulmers chose SoftCo to deliver a solution to address the challenges within its AP processes, to create greater efficiencies and to cut costs. After a close engagement that involved working closely with key Bulmers stakeholders, SoftCo designed a customised solution to optimise the invoice approval process end-to-end:
• Bulmers AP staff now use SoftCo R8, a compliant process automation and document management platform, to capture all supplier invoices.
• Automatic three-way matching means a significant volume of invoices are queued automatically for payment.
• 'Problem' invoices are escalated for action within the SoftCo AP process.
• Integrated workflow means that Bulmers AP staff receive email alerts and can address any issues via the SoftCo R8 system.
• Cleared invoices are queued in CODA Financials ERP for payment.
• All supplier invoices are archived in the compliant SoftCo R8 platform.
"The feedback from staff has been very positive. Problem invoices are actioned much more quickly than when we operated a manual approval system. And because staff act faster, we can pay suppliers faster and have better relationships with them," said Elaine O'Connell, AP Manager for Bulmers Limited.
About Bulmers Limited
Bulmers Limited of Clonmel, a company within the C&C Group, owns the trade mark BULMERS® in the Republic of Ireland. Bulmers Ltd of Clonmel, Ireland, is not connected with HP Bulmer Ltd. of Hereford, UK. BULMERS ® Original Vintage Cider produced by Bulmers Ltd. of Clonmel, Ireland, is sold outside the Republic of Ireland under the name MAGNERS® Original Irish Cider.
About SoftCo Limited
SoftCo (softco.com) develop software solutions that reduce costs, streamline business processes and enable organisations to meet compliance obligations. SoftCo is a global organisation with offices in Dublin, New York, London and Johannesburg. Our clients' businesses vary, but their challenges are the same: old-fashioned or paper-based ways of handling information are causing delays, straining staff and wasting money. SoftCo have transformed the way these companies do business, delivering significant competitive advantage through streamlined business processes.