Medius
Case Study on R.M. Williams and Medius AP Automation
Pages
9
Time to read
5 mins
Publication
Language
English
Pages
9
Time to read
5 mins
Publication
Language
English
This case study details the implementation of Medius AP Automation at R.M. Williams, a company known for its leather goods. The accounting team faced challenges with an abundance of paper invoices, which were time-consuming to manage. The introduction of Medius AP Automation transformed their processes by digitizing invoices and streamlining workflows. The solution employs AI, machine learning, and optical character recognition to capture and process invoices efficiently. With seamless integration into their ERP system, the implementation was smooth and user-friendly. The Finance team noted significant improvements in efficiency, with automated coding and real-time reporting enhancing visibility and cash flow management. The system allows for better management of both purchase order and non-purchase order invoices, reducing the workload on the Accounts Payable team. As a result, R.M. Williams can process over 20,000 invoices annually, freeing staff to focus on analysis and efficiency improvements across the company.