How CPL Learning reduced time spent on purchase ledger activities by a third with PaperLess for Sage?
CPL Learning is a Digital Compliance & Engagement provider that required a software that would allow the institution to reduce overall time in processing invoices and also reduce invoice storage costs.
With PaperLess Document Management the Learning Institution achieved £4,000 savings a year on storage costs while reducing time spent on processing and approving invoices by one third.
“…the time spent prior to installing PaperLess on processing invoices was lengthy with manually inputting the supplier, description, nominal code and values for each invoice. Invoice recognition does all this for you at a click of a button.”
CPL Learning Director of Commercial Operations & Head of Finance
What were the benefits experienced after the implementation of PaperLess Software?
Well, we would have to say that the time spent looking for invoices and seeking approval for invoices has reduced massively. In the past we had to spend time trudging through files to find an invoice, now with PaperLess we can quickly and easily look up this invoice directly from within Sage.
What were the savings achieved with the implementation of PaperLess for Sage?
… we estimate that the time spent on purchase ledger processing has been reduced by 1/3...
How has PaperLess changed the way invoices are processed across the company?
Before PaperLess processing invoices was a time-consuming and manual process… PaperLess Automatic Invoice recognition now does all this for us at a click of a button.
Invoice processing automation and automatic invoice recognition are now part of our daily routines and are key elements on the productivity levels of our accounts team.
Another important change is related to the way invoices are approved across the company. Even though we had not originally thought was possible, the fact is that Paperless invoice approval module was very easily to implement and adopt across the company.
… these time savings allow us to submit our monthly management accounts quicker.
What are Sage users saying about PaperLess Document Management for Sage?
“… as the company further expanded the way that things were done was not sustainable… we could not keep increasing the headcount indefinitely so PaperLess Invoice Processing automation levels were definitely the right choice for us.”
Gerard Murray, David Wood Baking Accounts Department
Nicholas Reyes-Ramirez, Everyman Media Group’s Finance Assistant
“The approvers in our business enjoy the ease of use of the system as well as having instant online access to all invoices relevant to them. The approval process for approvers is simply a click of a mouse!”
Alan Lynch, Fitzgeralds Woodlands House Hotel Financial Controller
UKFast Finance Director, Joseph Ryland
Email: [email protected]
Phone Number: +44 (0) 207 135 2007