The company faced invoice peaks at the end of each month which made the Accounting Department’s tasks extremely tedious and time consuming.
Each year, the company processes around 30,000 invoices, an average of 2,500 invoices a month. These figures can increase when business is thriving, a fact which rapidly led Toyota Industrial Equipment to weigh up the importance of implementing an effective solution to facilitate the management of supplier invoices.
In addition, litigation management was another weak area for the company. The number of litigation cases to be dealt with was leading to significant time loss on several levels
Basware's AP Solution - A perfect fit for Toyota
Implemented by SYLEG, one of Basware’s official partners, the Basware AP Automation solution enables automatic processing of supplier invoices, and even expense management
“As an official partner to Basware, Syleg played a key role in the implementation of the solution. Its expert knowledge of the constraints associated with the accounting function and its ability to take these constraints into consideration, the remote configuration of the product and Syleg’s high degree of responsiveness where adjustments were required ensured that the project was a real success,” says Mikaël Bourdin, Head of Accounting.
