Case Study: Algoma Steel achieves 40% touchless invoice auto-posting and improved AP visibility with Esker

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Preview of the Algoma Steel Case Study

Transforming AP with Greater Transparency, Efficiency & Accuracy

Algoma Steel, a longtime Canadian steel manufacturer processing about 15,000 invoices monthly through SAP, struggled with an antiquated, paper-based accounts payable process that generated a “blizzard of paper,” required a full-time filer, slowed approvals, reduced visibility for suppliers and auditors, and clashed with the company’s modernization and environmental goals.

Algoma implemented Esker’s AI-powered cloud AP solution to capture invoice data, perform automatic three-way matching and enable touchless processing integrated with SAP. The change delivered clearer end-to-end visibility, faster approvals (minutes instead of days), remote-ready operations during COVID, redeployed staff to higher-value work, fewer errors and a 40% increase in touchless auto-posting while sharply reducing paper use.


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Algoma Steel

Sharon Seeler

Algoma Steel


Esker

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