Case Study

Vanderfield Pty Ltd

“Implementing FileBound has dramatically… created a sense of urgency in everyone’s day-to-day routine. Where once we only had a monthly solution for supplier processing, that process has been cut down to a two to three-day cycle. Paying our suppliers on time and having transparency of those documents when we run our monthly reconciliations has been incredibly valuable to us — and doing it at the speed FileBound allows helps my team to move on to more customer service and revenue-generating tasks.” — Jason Jones, Chief Commercial Officer, Vanderfield

Vanderfield needed to uphold its commitment to meeting the machinery needs of the agriculture and residential markets, so they set out to find a better way to manage their supplier documentation, including centralizing and adding visibility to their cash flow process. Vanderfield’s goal was to implement a centralized automated workflow and document management solution to help with their Accounts Payable (AP) solution.

Benefits of FileBound’s Accounts Payable capabilities:

  • Reduced order to invoice approval process by 90 percent
  • Instant access to supplier documentation
  • Annual savings of over $80,000 in various costs
  • Increased engagement with suppliers

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