LexisNexis are using our Accounts Payable Plus (AP+) solution (integrated with PeopleSoft) to help manage their invoice approval operation for 15,000 suppliers and 70,000 annual documents.
Isobel George, Accounts Payable Manager at LexisNexis, referred to their old finance culture as “An area that did a lot of churning, but produced little butter.” The Accounts Payable process is now totally automated throughout.
In the video below, Isobel discusses the business drivers for change with Avanquest’s Mike Rae (or you can view Isobel’s ppt presentation in which she identifies the business drivers for change to a fully automated AP process, projected cost savings and ROI).
http://www.processflows.co.uk/wp-content/Video/avenquestlexusnexdraft2.mp4
