As one of the top construction companies in the United States, the client embarked on a digital transformation of how it develops, designs, and delivers projects. Accounts payable had not kept pace: invoice volume across projects, subcontractors, and suppliers was processed largely by hand, with the cost, cycle time, and control exposure that implies.
The AP operation cut its operational costs by 60 percent, processes invoices four to five times faster, and has realized $5 million in total savings. The spend ecosystem is now supportable and evolvable as the company continues to grow.