Gravity payable’s team, once a robust group of seven, struggled with an accounts payable system that couldn’t keep up with a changing and growing business, leading to inefficient invoicing, payment processing and data analysis. The consequences of a constrained process were far-reaching, from misallocated invoices to overburdened employees, and a consistent need to re-check the accuracy of financial transactions. The team was at full capacity coping with the system as it was and there was no valuable time left for growth and development. There was a strong desire to streamline the manual invoicing and payment processes to keep up with the demand of the business.
To tackle these challenges, Gravity adopted two crucial solutions: OpenOrder, to control the entire order management process and track spend, and OpenInvoice®, a cloud-based accounts payable platform.
With these solutions in place, every incoming invoice is now associated with pre-approved purchase orders, allowing for seamless tracking back to the relevant business unit. Depending on the delegation of authority, certain invoices undergo automatic approval and payment processes. The end-to-end tracking capability ensures efficient management of orders, leading to expedited payments for suppliers.
The implementation of Enverus Business Automation solutions transformed Gravity’s operations, enabling them to overcome challenges and streamline processes. This transformation is not just about software; it’s about redefining how teams collaborate and, ultimately, succeed. The collaborative nature of Enverus solutions facilitated a cultural shift, where vendors and finance teams work together to achieve a common goal. As a result, Gravity now efficiently processes more invoices with a leaner team of just three members.
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