Ascend Software
Crakmedia Accounts Payable Automation Case Study
Pages
3
Time to read
3 mins
Publication
Language
English
Pages
3
Time to read
3 mins
Publication
Language
English
This case study details Crakmedia's implementation of Workday for accounts payable automation in 2024. Initially, Crakmedia faced significant challenges due to a manual invoice processing system that involved handling 2,000 invoices monthly, requiring extensive time and resources. The company partnered with Ascend to streamline its operations, selecting them for their focused and simple approach to invoice automation. The implementation took just over two months, and specific customizations were made to meet Crakmedia's unique operational needs, including compliance with Quebec tax regulations. After going live, Crakmedia achieved a 30% reduction in invoice processing time, with projections indicating a potential 50% reduction in the long term. Key factors contributing to the success of the implementation included adapting to existing workflows, seamless integration with Workday, and a strong partnership approach with Ascend. This transformation enables Crakmedia to focus on higher-value financial activities and strategic initiatives moving forward.