Case Study: LTP Sports achieves 1.19-day invoice processing with Esker’s AI-driven Accounts Payable solution

Slashing Invoice Processing Time with Accounts Payable Automation

LTP Sports, Canada’s largest wholesale distributor of premium bicycles, parts and accessories (190 employees, customers in Canada and the U.S.), was held back by a nearly fully manual accounts payable process. Invoices required manual data entry and routing, approvals could take days or weeks, and the finance team had no easy visibility into invoice status, cash position or AP performance.

LTP implemented Esker’s AI-driven Accounts Payable solution—automated approval workflows, Esker Synergy data capture and real-time dashboards—to centralize AP, enable touchless invoice processing and quickly identify stalled approvals. The outcome was industry‑benchmark performance (average invoice processing time of 1.19 days), simpler reporting, fewer payment delays and more staff time for supplier relations and growth.

LTP Sports

Michael Derrick

Junior Accountant