The FD Centre Improves Time Management and Reduces Costs Deploying Portal for SAP Business One
Financial Director specialists use BPA Platform to automate invoicing processes and increase reporting capabilities
"The first benefit received is the saving of time. From a finance perspective, having automated the billing process, we are saving around three to four days a month in the UK alone. Once each country is added, I believe we're going to save a month of an individual's time. I estimate it will save us around £50k per annum in time / monetary savings. The system will ultimately pay for itself (and some)," revealed Wayne Smith, Financial Controller, The FD Centre.
"The other thing which took an inordinate amount of time, was maintaining a list of customer receipts, and which Financial Director (FD) or Regional Director (RD) invoices needed to be paid. The system links a sales invoice to FD / RD invoices and automatically unblocks FD and RD invoices once sales invoices are marked as paid, from within SAP Business One. Again, that's a huge time saving."
"The third time saving is the speed of sending reports. The data and information we get enables us to start making decisions quicker and at a higher level. One of the reasons we're trying to bring each country in house is having visibility of what's happening in each country."
Information is extremely important for The FD Centre (https://www.thefdcentre.co.uk/
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Stuart Tarrant - Head of Communications