Bidco Africa Ltd
Bidco Africa Tackle Accounts Payable Challenges with OpenText
OpenText™ Vendor Invoice Management for SAP® Solutions provides process automation, greater visibility, and the ability to handle growth
After just four months in production we’re already automatically processing 55 percent of our invoices, massively reducing the workload on our AP team. The efficiency of the solution also means we’re now processing invoices in one to two days, down by 75-85 percent of the seven days it used to take us.
Challenge
- Lack of automation delays processing vendor invoices
- Unable to determine current liabilities due to poor invoice visibility
- Difficult to identify process bottlenecks and assign resources to fix
- Scaling invoice processing for additional business units/production plants
Product(s)
Value
- Invoice processing time reduced by 75%-85% through automation
- 55% of invoices processed automatically
About Bidco Africa Ltd
Bidco Africa Ltd is the largest and fastest growing manufacturer and marketer of consumer products in the Eastern, Central and Southern regions of Africa. Headquartered in Kenya, the company produces, markets, and distributes a broad range of products, including edible oils, cooking fats, margarine, baking products, hygiene products, detergents, laundry bars, and animal feeds.