Accounts Payable

YOU CUT WASTE, ERRORS AND COSTS WHILE DRIVING EFFICIENCIES AND PROFITABILITY

What if Bucar Group managed all your paper invoices?

You had your suppliers submit invoices to you electronically?

You only had to manage exceptions?

How would this impact your business?

Get innovative technology, reliability and exceptional service that enables you to turn accounts payable into a competitive advantage. In many companies, AP remains a significant administrative inefficiency, resulting in higher processing costs. Bucar Group solutions transform the way companies manage accounts payable. Bucar Group’s approach delivers savings per transaction at a high rate.

Bridging the Gap in AP Processing

Typical paper process  Best in class
Process cost $17 $3
Days to process 21 4
Discount capture 15% 90%

CASE STUDY – ACCOUNTS PAYABLE SERVICE CUSTOMER

BUILDING PRODUCTS MANUFACTURING

Situation:
The company was processing and paying all their invoices manually. Had a reputation for slow and inefficient processing resulting in long invoice cycle times and late payments.

Sales volume: $150 million
Employees: 300
Customers: 4,000
Customer of Bucar Group:  2 years

Solution:
Bucar managed all paper invoices. Suppliers submitted invoices electronically. Company only had to manage exceptions.

Result:
The solution made a material impact on invoice processing cycle time (20 steps in 45 days to 5 steps in 7 days). In addition, we recognized 50% savings on invoice processing costs, reduced late payments and penalties, and triggered the reduction of three full-time headcount.

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CONTACT BUCAR GROUP for a free assessment and benchmarking of your order-to-cash functions.

CONTACT OUR CUSTOMERS to learn how we help them optimize the order-to-cash process (We’ll coordinate introductions).

Pittsburgh, PA • email: Solutions@bucargroup.com  •  p:412-298-4723

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