Arcplace has been helping finance departments with the digitization, automation and archiving of document related processes since 2006. By combining this experience with the latest technologies, Arcplace helps finance teams to be leaders in digital transformation and process efficiency.
Arcplace can help to deploy new invoice automation or P2P solutions or to modernize existing solutions by adding or replacing specific components in the process chain shown below.
The digitization of the supplier invoice process is a known use case that allows companies to achieve quantifiable cost savings. The figure shows the maturity levels of this process and the elements that allow achieving them.
Numerous studies have shown that the costs of processing a single supplier invoice manually is in the range of 12 to 30 CHF. First generation solutions typically allow saving a third of these costs. As shown in the figure below, significant additional savings are possible by modernizing or enhancing these "first generation" solutions.
Do you want to know more about the solutions for finance departments? Please contact us.
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