Case Study: Miedema achieves 95% automatic reconciliation and saves 2 hours daily with Continia

Miedema Groep goes paperless with Continia

Miedema Groep, a supplier of construction materials, faced the challenge of a time-consuming, paper-based finance department that handled over a thousand invoices monthly. The manual processes of storing documents in cabinets and processing payments were inefficient. To achieve their goal of complete digitalization, they implemented Continia's Document Capture and Payment Management solutions.

By using Continia's solutions, Miedema automated invoice scanning and payment reconciliation. This resulted in a 95% automatic match rate for transactions, a significant increase from 30-35%. The finance department saved over two hours daily, eliminated all physical filing cabinets, and improved efficiency so much that they could handle their volume without needing to hire additional staff. Continia's tools streamlined their entire financial operation.

Miedema

Ulko Stelpstra

Financial Manager