Case Study: Leading Global Investment Bank achieves major e-invoicing transformation (targeting 80% electronic processing) with SAP Ariba

Moving from 100 Percent Paper to 80 Percent E-Invoicing

A leading global investment bank set out to modernize its procure-to-pay process, moving away from 100 percent paper invoicing. The organization faced high costs from paper-based, manual invoice processing, difficulty managing ERP-generated orders, and a need to improve overall system ease-of-use.

The bank targeted key regions and implemented Ariba Network with PO and Invoice Automation, moving PO automation out of the ERP and mandating electronic POs and invoices to consolidate processing. As a result it onboarded 3,700 suppliers, reduced BPO costs by 35%, now processes roughly 500,000 electronic invoices per year, raised e-invoicing to about 60 percent in target regions (with an 80 percent goal), consolidated PO and invoice processing on Ariba, and shifted roughly 70 percent of invoice transactions away from legacy PO processes.