Case Study: Global Pharmaceutical Company Cuts AP Cost-Per-Invoice by Half, Ariba Helps the Company Build on its eProcurement Foundation

Sponsored By Ariba

Topics:

Accounting > Working Capital

Banking & Capital Markets > Treasury Services

Finance & Risk Management > Benchmarking/Metrics

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Abstract:

Forrester Research recently completed a case study of a global pharmaceutical company that transformed its invoice process. This company processes nearly two million invoices per year through shared service centers, but was suffering with a 20-day backlog of unprocessed invoices—causing many to be overdue for payment even before they were touched by an AP clerk.

Learn how this global pharmaceutical company transformed its invoice processes and cut its cost per invoice by 50 percent.

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Released: June 25, 2009

Length: 3 pages

Format: PDF (109 kb)

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