Stena Line, the world’s leading ferry operator, is using PaletteInvoice to automate its invoicing management cycle, and has almost halved the number of days taken to process unapproved, aged invoices. The company handles over 160,000 complex, multipage invoices annually.
With 1200 people across the group using PaletteInvoice, the solution has also eliminated the paper trail between the company’s offices and ships, which has accelerated AP operations within the business.
As PaletteInvoice works smoothly over both ship-to-shore satellite links and conventional IP networks, the solution has automated invoice processing both on vessels and at Stena Line’s offices. The company can now process both ship-borne transaction invoices for passenger retail sales and for vessels’ operational supplies, as well as invoices received at local offices. This gives closer control over its invoice workflow management, maximising staff productivity and streamlining operations across the Group.
The full case study is available at Shipping and Marine magazine: http://www.shippingandmarine.co.uk/article-page.php?contentid=13597&issueid=412