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Overview
In 2018, when LifeScan was divested from its parent company and into private equity ownership, ERP Project Manager Abu Subhan was charged with finding a new Procure to Pay system. One of his initial remits was to find a system that integrated with the new owners’ existing systems.
There was an Accounts Payable license agreement in place, which was costed on a percentage of turnover. LifeScan’s large revenue, however, meant it was an expensive choice. They also needed a comprehensive Accounts Payable solution that would integrate and work with their procure to pay system.
LifeScan held a competitive review and whittled the choice down to four bids, involving two-day selection workshops where each vendor showcased their services and solutions.
Results
3,200
invoices per month
99%
invoices processed within 2 days
99%
invoice accuracy
“It was one of the best decisions we’ve made to go with the Tungsten platform. Its ease of use and adaptability meant we had to do hardly any development to make it work. All procurement users and our AP department are benefitting from Tungsten Workflow. The team was great… In fact, it feels like the Tungsten team are an extension of our team.”
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