Case Study: Vanderfield achieves 90% faster accounts payable with FileBound

Vanderfield reduced their Accounts Payable process by 90 percent with Upland’s FileBound

Vanderfield, an Australian agricultural machinery company with multiple rural locations, needed a better way to manage accounts payable and supplier documents. Its paper-based, manual process was inconsistent, hard to centralize, and made it difficult to track cash flow and process about 5,000 invoices per month. FileBound was chosen to provide workflow automation and document management that could integrate with Vanderfield’s ERP system.

FileBound implemented a centralized AP solution in less than six weeks, giving Vanderfield instant access to invoices and supporting documents across all locations. The result was a 90% reduction in the order-to-invoice approval process, a two- to three-day cycle instead of a monthly one, and annual savings of over $80,000. FileBound also improved transparency, reduced missing and duplicate invoices, and helped Vanderfield pay suppliers on time with less effort.

Vanderfield

Jason Jones

Chief Commercial Officer