The Caravan and Motorhome Club improve automated vendor payables
Document Options services extended to provide invoice reading as a service. FIS Invoice Monitor software provides automatic three-way matches for invoice postings and approvals workflow.
The Caravan Club and Motorhome Group have been established for more than a century and offer services and support to their members within the camping and motorhome community. The club boasts more than 200 active sites within the UK.
Within their payables department, the Caravan and Motorhome Club did have issues with late payments to suppliers.
Increased document automation levels and invoice visibility were essential when processing at both their head office, in East Grinstead, and also at site level which are managed by wardens.
The Caravan and Motorhome Club were approached by Document Options, an established FIS partner and document capture specialist, who suggested an enhanced invoice scanning service.
Using FIS / fci – invoice data collection software, Document Options would not only scan the invoice but also provide the data-file with the key invoice content.
Jon Laws, Financial Controller of The Caravan and Motorhome Club stated, ‘removing the scanning and keying parts of the process and moving them to Document Options, who are equipped with the technology and scanning hardware, proved the best business fit for us. In addition, because FIS are one of SAP’s leading global partners, their SAP expertise mitigated any risk with configuration and SAP integration’.
Liz Parish, Head of Accounts Payable added ‘We have already seen a marked increase in automatic booking rates and the reporting functions with FIS / edc ensure we have visibility of outstanding invoices – so we can avoid late payments. The reception of the new system within the business has been excellent’.
