Case Study: London Metal Exchange achieves faster, more controlled purchase-to-payment processing with Glantus

London Metal Exchange - Customer Case Study

London Metal Exchange (LME), the world centre for industrial metals trading and price-risk management, needed a way to handle more than 30,000 purchase invoices a year with limited accounts payable resources. With a fast-moving business, complex approval processes, and an existing IT environment that had to be respected, LME turned to Glantus and its Adest purchase-to-payment products to support future growth and reduce manual effort.

Glantus implemented an automated purchase-to-payment solution using AdestAP, AdestPO, AdestWeb, AdestWorkflow and AdestExpenses, integrated with LME’s Open Accounts ERP system. The new process digitized purchase orders, invoice capture and matching, approvals, and expense management, cutting manual processing, reducing errors, improving controls and reporting, and enabling LME to scale from 120 staff to over 300 with the same streamlined finance processes.

London Metal Exchange

Hannah Cavander

AP Supervisor