Schneider Electric saves $500,000 in the first year with e-invoicing
Schneider Electric's AP department partners with Tungsten Network, onboards suppliers & promotes digitization benefits for invoice automation success.
Within six months, 38% of suppliers had converted to e-invoicing, with a further 16% in the process of switching. By that time, Schneider electric had already realized $200,000 in operational savings and could project $500,000 in annual savings with Tungsten Network fully deployed. With e-invoicing, Schneider has experienced fewer errors, faster cycle time and more invoices processed straight through without requiring manual intervention.
Découvrez Schneider Electric
Schneider Electric est une multinationale française spécialisée dans la gestion de l’énergie et des automatismes. Alliant technologies pour systèmes énergétiques innovantes, automatisation en temps réel, logiciels et services, l’entreprise fournit des solutions intégrées pour bâtiments résidentiels et tertiaires, centres de données, infrastructures et industries. Le partenariat entre Schneider et Tungsten Network remonte à 2008.