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|
|Days to process||21||4|
CASE STUDY – ACCOUNTS PAYABLE SERVICE CUSTOMER
BUILDING PRODUCTS MANUFACTURING
Sales volume: $150 million
Customer of Bucar Group: 2 years
Bucar managed all paper invoices. Suppliers submitted invoices electronically. Company only had to manage exceptions.
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.