Industry Calendar
80% Touchless Invoicing in 2 Years (Tungsten)
Wednesday, September 21, 2022, 10:00am
by This email address is being protected from spambots. You need JavaScript enabled to view it.
Upfield is the largest plant-based consumer product company in the world. It is also a “digital first” business, spun off from Unilever in 2018. At this time, 100% of AP invoices were paper based. By 2020, a staggering 75% of Upfield’s 8,000 suppliers were invoicing the company electronically.
This webinar is a story of:
- How the shared services managed the transition post-spin off
- Some of the main challenges to shared services and P2P during the transition
- How the team focused on e-invoicing and supplier onboarding
- How they are now at an impressive 80% touchless rate for their 250,000 invoices