[INFOGRAPHIC] Accounts Payable Success -- A Story of Shared Services

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Albemarle is a leading developer and manufacturer of specialty chemicals with two shared services centers supporting global invoicing operations. Seeking a cloud-based SAP®-integrated solution to replace its aging fax server, Albemarle leveraged Esker’s Accounts Payable (AP) automation solution with outstanding results.

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90%ELECTRONICPROCESSING

RATE

Prior to Esker, Albemarle wasprocessing 13,000 invoices per month

— manually. Today, its electronicprocessing rate is at a time-saving

and cost-reducing 90%.

Utilizing Esker’s email invoicingcapability has allowed Albemarle to

reduce the number of paperinvoices recieved by mail from

60% to 10%.

Albemarle is a leading developer and manufacturer of specialty chemicals with two shared services centers supporting global invoicing operations. Seeking a cloud-based SAP®-integrated solution to

replace its aging fax server, Albemarle leveraged Esker’s Accounts Payable (AP) automation solution with outstanding results.

Here is a snapshot of their AP success story.

ELECTRONIC PROCESSING

HIGHER PRODUCTIVITY LEVELS

60

85

MANUAL

AUTOMATED

200TOP PROCESSOR

Posting invoices in SAP with minimal intervention and 100% visibility has allowed Albemarleto go from an average of 60 invoice transactions per day per AP processor to 85 per day

per processor. The top processor has reached as high as 200 invoices in a single day!

INCREASED SUPPLIER SATISFACTION

By reducing processing errors and ensuring timely payments, Albemarle has been able to providea more consistent, responsive and favorable experience for its 8,500 suppliers globally.

+8,500 SATISFIEDGLOBALSUPPLIERS

60%

10%

AP SUCCESS!THE ALBEMARLE STORY

INVOICES

INVOICES

INVOICES

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Download the Case Study:

Albemarle: Gaining Worldwide Automated AP Capabilitywith SAP®-Certified Partner, Esker

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Web: www.esker.com | Blog: www.quitpaper.com

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