Case Study: Screwfix achieves £100,000 annual AP savings with Proactis

Screwfix achieves annual AP savings of £100,000

Screwfix, the UK’s largest supplier of tools and hardware with over 500 stores and 5,000+ employees, faced rapidly growing invoice volumes (c.350,000 invoices p.a.) and needed to scale Accounts Payable without increasing headcount. They engaged Proactis to deliver a single, managed AP automation solution for both paper and electronic invoices and to drive a move to 100% electronic invoicing and end-to-end AP transformation.

Proactis implemented a standardised, integrated AP automation service with seamless integration to Unit4 Financials, automating invoice receipt, approval, exception handling and electronic storage. The Proactis solution boosted visibility and compliance, supported a 35% increase in invoice processing, and delivered around £100,000 in annual savings while cutting cost and complexity across the business.

Screwfix

Paul Roy

Director of Operational Finance