Hoya Vision Care, the global leader in optical lens manufacturing, has optimised its accounts payable operations across Europe by standardising on the use of PaletteInvoice across its European offices.
The company currently processes over 100,000 complex invoices per year using PaletteInvoice. Paper-based invoices received at its offices across Europe are scanned using ReadSoft, and sent into PaletteInvoice for verification. Hoya uses Palette’s Matching Module to handle 3-way matching with purchase orders and other documentation from its SAP system, and for invoice approval. PaletteInvoice is used as a browser to view the invoices that have been loaded into SAP.
As well as reducing the average processing time for invoices, PaletteInvoice has streamlined Hoya’s authorisation procedures. As PaletteInvoice can be accessed remotely in the cloud via users’ web browsers, staff can log in securely and manage their invoices wherever they have a web connection.
Michiel Copier, General Manager of European Finance Headquarters for Hoya said: “We wanted a solution that could standardise our accounts payable processes across Europe, and simplify workflow for our staff while giving complete visibility and auditability. PaletteInvoice has delivered the control we wanted, and ease of use for our staff by enabling them to check and authorise their invoices wherever they are working.”
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