Corcentric
128 Case Studies
A Corcentric Case Study
VF Corporation, a global apparel and footwear company, faced an inefficient and antiquated document delivery process. A team of up to eight staff members manually created, printed, and posted all outgoing invoices, which was time-consuming, costly, and prone to errors. They sought to outsource this process to save time and cost while meeting customer demand for electronic options. They engaged Corcentric to overcome these challenges.
Corcentric implemented its EIPP solution to automate VF Corporation's invoice production and delivery. This provided the credit control department with complete transparency and real-time visibility over the process through a branded portal. The results were significant, saving 100 staff days per month and automating over 150,000 documents monthly. The solution also contributed to a reduction in DSO and generated substantial cost savings by moving over 35% of document distribution to an electronic format.