Measured Outcome
0 %
reduction in invoice processing time
0 %
Paperless
The Numbers
Founded in 2006
120 Employees
100 invoices per month
Testimonials
“On average, the time it took to process an invoice in 2020 was 63 days, from date of transaction to payment. Since going live with Kefron AP, we are averaging 22 days. So an immediate and significant impact”
Angela Davis
Director of Finance & Corporate Services
Pancreatic Cancer UK
“Invoices can now be sent directly to Kefron AP by suppliers and staff, where they are read by the system, allocated a code and forwarded to the right approver.”
Angela Davis
Director of Finance & Corporate Services
Pancreatic Cancer UK
Challenge
Pancreatic Cancer UK’s finance team faced significant accounts payable processing challenges including misplaced and miscoded invoices. The pandemic added pressure on an already buckling process which led to a doubling in invoice processing time. The decision was taken to look for a solution to help manage invoice processing and approval that was straightforward to implement, and that could integrate with their accounting solution, Infor SunSystems.
Solution
Since going live in February 2020, Kefron automates on average 100 invoices per month. All invoices are sent directly to Kefron AP by suppliers and staff where they are dynamically data captured, allocated a code and forwarded to the right approver via integration with Infor SunSystem.
Outcome
Kefron eliminated the time consuming manual processes experienced by the finance team which decreased errors, resulting in no more miscoded or missing invoices. Kefron AP has also given Pancreatic Cancer UK the staff expenses process end to end which was an unexpected improvement which was not in the initial scope of the project.
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