Electronic invoices

Digitizing paper invoices in ServiceNow for a top 5 consumer goods company

Is the number of suppliers and paper invoices you have to manage each month getting out of control? Sometimes even advanced procurement systems do not really provide functionality for electronic invoices. Olympe helped a world leading consumer goods company reduce the time wasted on handling printed invoices.

Olympe’s CEO developed the first working prototype within 24 hours of receiving the requirements. The application was put into production in less than a week. It included a Microsoft optical character recognition service to read key fields from the submitted invoices and auto-populate them in the application. As it accessed sensitive supplier data, Olympe delivered the application on-premises.

The invoice management team experienced a 20% reduction in effort. The new system was rapidly adopted by the company and its suppliers.