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Pioneer Foods

Pioneer Foods Tackles Supplier Reconciliation Challenges with OpenText

Pioneer Foods logo

OpenText Business Center for SAP Solutions helps streamline processes, reduces errors, and lowers costs

Without OpenText Business Center for SAP Solutions, we would not have been able to reach the levels of automation that we have achieved with our reconciliation process to date. We are now saving at least 50 percent of the time it used to take for manual reconciliations, thanks to the solution.

David Nel, Accounts Payable Manager, Pioneer Foods

Challenge

  • Difficulty in reconciling all supplier statements in time available, delaying payments
  • Need to release staff to perform higher value tasks
  • Reporting was incomplete and time-consuming
  • Growing workload could not be met

Product(s)

Value

  • Increased ability to take early settlement discounts and staff costs lowered
  • At least 50 percent reduction in reconciliation time
  • Instant access to GR/IR reports, saving many hours
  • Able to handle increased volumes with a smaller team

About Pioneer Foods

Pioneer Foods, established in 1997, is one of the largest South African producers and distributors of a range of branded food and beverage products. Operating mainly across South Africa, it provides wholesale, retail, and informal trade customers with products of a consistently high standard. Pioneer Foods also exports to more than 60 countries across the globe. It operates a number of production facilities producing a range of products that includes some of the most recognizable and best-loved brand names in South Africa, including: Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko, and White Star.