Company
Date Published
Author
Sucheth
Word count
1301
Language
English
Hacker News points
None

Summary

The implementation of automated purchase order-sales order verification by a mid-sized distributor significantly reduced costs, improved efficiency, and enhanced customer satisfaction. By automating the process before shipping, the distributor was able to catch discrepancies and prevent costly delays, interest charges, and lost business opportunities. The new system integrated with their existing Business Edge ERP and document management system, streamlining purchase and sales order capture while maintaining the sales team's workflow. This resulted in a 90% Straight Through Processing rate, 90% accuracy in data extraction and matching, and reduced operational errors, interest charges, and working capital constraints. The distributor was also able to redirect senior accounting talent to strategic work and improve their overall cash flow management.