Case Study: ELIX Polymers achieves faster invoice processing and improved AP visibility with Esker

Processing Invoices Faster Thanks to Accounts Payable Automation

ELIX Polymers, a leading European manufacturer of ABS resins with operations in Spain and North America, was manually processing about 8,000 supplier invoices a year (75% by email, 25% by post), creating administrative overhead and a disconnect with its SAP ERP system. The company needed an automated accounts payable solution to speed processing, improve accuracy and regain visibility over approvals and invoice status.

ELIX deployed Esker’s cloud-based Accounts Payable solution, which uses intelligent image recognition, machine learning and automated workflows to capture data, match invoices to purchase orders, route approvals and process emailed invoices by company code and approver. The result was faster invoice processing, greater AP visibility via dashboards, improved supplier relationships and on-time payments, reduced manual effort and seamless integration with SAP.

ELIX Polymers

José Antonio Martín Sierra

Head of Accounting