Case Study: Monómeros achieves 99.77% faster accounts payable processing with Laserfiche

Monómeros Innovates Accounts Payable and Tackles e-Invoicing Requirements

Monómeros, the Colombian agroindustrial company, needed to modernize its accounts payable process and meet new e-invoicing requirements that demanded digitization of purchase orders, payment terms and credit notes. Its AP workflow was heavily manual, relying on data entry and physically moving invoices between staff, which pushed cycle times as high as 72 hours. Monómeros turned to Laserfiche, using its document management and business process automation capabilities alongside SAP ERP integration.

Laserfiche helped Monómeros digitize and automate both internal and external invoice handling with a structured workflow for invoice intake, assignment, entry and payment. The result was a major efficiency gain: average AP cycle time dropped from 72 hours to 10 minutes, a 99.77% improvement. With Laserfiche, Monómeros also improved traceability, compliance, inventory management and sustainability while processing about 1,500 invoices per month.

Monómeros

Esteban Echeverria

IT Superintendent