Case Study: KLP achieves faster, more automated invoice processing with Rydoo Accounts Payable

KLP: Switched to Rydoo Accounts Payable, saving time and improveing invoice processes

KLP, Norway's largest pension company, faced a challenge with its convoluted invoice management system. As a financial institution subject to strict regulations, it required a secure, user-friendly accounts payable automation solution that could seamlessly integrate with its SAP financial system. KLP turned to Rydoo to implement its Rydoo Accounts Payable platform to streamline its processes.

Rydoo provided a solution featuring AI and automated invoice processing that integrated smoothly with SAP via a cloud connector. The implementation resulted in direct savings of at least NOK 250,000 annually and automated nearly 70% of invoice postings. Rydoo's system also provided greater flexibility, efficiency, and better documentation for KLP's AP workflow.

KLP