Exela, well-known within the industry as an innovator in automating and streamlining F&A operations, was the obvious choice as a subject matter expert (SME) partner brought in by a multinational technology and consulting organization. This organization charged Exela with providing AP automation process expertise and designing and implementing the technology framework that would meet their customer’s objectives.
Responsible for devising the end-to-end solution, Exela played the key role of effectively digitizing all paper-based records and building the technology framework for the entire AP process which began with a centralized mailroom. Here invoices were securely received, captured and digitized. Once in the system, Exela applied a process for cross-checking data and eliminating errors. Additionally, a custom workflow was applied to then index, process and route all of the clean invoices for storage in Exela’s proprietary repository.
Due to rapid, overwhelming success, the solution was replicated across three other regions.