To handle the increasing number of invoices received from its various suppliers around the world, Carambar & Co has chosen to implement ITESOFT Streamline for Invoices, a cutting-edge automation solution for processing supplier invoices.
23 May 2018 – Until now, the Carambar & Co Group has handled its supplier invoices using manual processing methods, which are highly time-consuming in terms of human resources. With an average of 30,000 invoices per year from around the entire world – expected to rise to 40,000 now that the company is relocating its production lines to France – the need to automate the process became clear.
The company therefore contacted ITESOFT, the French leader in process and document digitalisation, working with finance departments on transforming processes electronically for more than 30 years. By leveraging Streamline for Invoices, Carambar & Co will save time and be able to reassign staff for tasks with higher value added, such as analytical accounting, steering and more.
Streamline for Invoices is a new-generation invoice processing application that is both extremely customisable and fast to implement, while enabling customers to enjoy unparalleled automation rates.
As an SaaS (Software as a Service) solution, Streamline for Invoices offers all customers the benefit of shared learning. This approach appealed to Carambar & Co, as explained by the company’s IT director, March Boullier: “Streamline for Invoices is based on a shared platform that leverages the history of actions taking place in supplier databases for other ITESOFT customers. Therefore, all platform users benefit when performance is optimised. For us, this approach guarantees rapid deployment without requiring a learning phase, while also ensuring the best possible automation rates over time.”
The solution’s performance and flexibility were clearly among the company’s selection criteria, but ITESOFT’s ability to assist with the roll-out was also an important factor in making the decision. Marc Boullier adds: “When we were exploring the solution, we appreciated the involvement, professionalism and dedication of ITESOFT’s teams.”
This automation effort will enable Carambar & Co to reduce its processing costs while focusing its employees’ attention on control and steering tasks. The solution will also reinforce the quality of the company’s relations with its suppliers, notably by offering better control over payment times.
Frédéric Massy, Marketing Director at ITESOFT, is pleased with this new prestigious customer reference: “Carambar & Co is an innovative and agile French company. We are proud that our Streamline for Invoices offering is able to help them reach their performance and growth goals.”