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Case Study: Marc Jacobs Reached 93% Touchless Invoice Processing with First-Year ROI

By: Medius
Medius

Marc Jacobs has been able to redirect employees from the considerable time spent maintaining spreadsheets and managing AP information. One year from deployment, Marc Jacobs expects to have made $150,000 in productivity gains, manage complex supply chain and allow team members to get back to the creative work of designing and delivering next seasonís collection.

By modernizing their back office, Marc Jacobs was able to:

  • Reach 93% touchless invoice processing
  • Cut invoice approval lead time by more than 75% - from 45 to 11 days
  • Break even on the investment with a solution that was implemented in under 4 weeks

By modernizing their solution for invoice processing, Marc Jacobs can easily manage its complex supply chain and get back to the creative work of designing and delivering next seasonís collection.

Tags : ap automation, invoice processing, invoice automation, accounts payable automation, accounting software, accounting automation, microsoft dynamics automation
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Published:  Oct 01, 2019
Length:  8
Type:  White Paper