Case Study: Scoular identifies $2M in duplicate invoices with OpenEnvoy

Scoular Leverages Real-Time Tech to Identify 2 Million Dollars in Duplicate Invoices

Scoular, a global agribusiness company with over $6 billion in revenue, faced significant challenges in its accounts payable processes. The company was burdened by manual invoice reconciliation, which lowered employee engagement and made it difficult to audit freight invoices or recover overpayments. They sought a solution from OpenEnvoy to automate their payables and bring greater efficiency and accuracy to their accounting function.

OpenEnvoy implemented its real-time AP automation solution, which included co-innovating new dispute tracking functionality and customized dashboards for the Scoular team. The results were substantial, with the system identifying $1.95 million in duplicate invoices and flagging $3.7 million in overbillings for review within six months. This provided Scoular with a return on investment of more than 20x, freed up staff from manual tasks, and prevented costly credit holds by resolving billing issues in real-time.

Scoular

Leslie Dieck

Controller