Holcim Success Story

Achieve Results and Competitive Advantage with Effective Accounts Payable Processes

Holcim uses OpenText solutions for automation and controls that improve invoice processing and management

Challenge

Accounts Payable (AP) was not centralized; 40% of invoices required manual follow-up; limited insight into AP processes and reporting capabilities; non-existant audit trail on invoice approvals.

Solution

• OpenText Vendor Invoice Management for SAP® Solutions

Value

Holcim now has a more reliable system with lower total cost of ownership. All invoices are processed centrally with a standardized process that's auditable. The organization has established higher accuracy in providing data and insight into invoice statuses. Overall costs have been lowered and efficiency has improved.

About the Organization

Holcim is one of the world's leaders in producing cement, aggregates, ready-mix concrete & asphalt. The Holcim group company holds an interest or has operations in more than 70 countries on all continents, and employs 90,000 people.

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