Case Study: Interconnect Solutions Company achieves "transaction crushing" and streamlined invoicing & payments with Simfoni’s OneVendor solution

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Preview of the Interconnect Solutions Company Case Study

Isc achieves “transaction crushing” with Simfoni’s onevendor invoicing & payments Solution

Interconnect Solutions Company (ISC) was struggling with reactive procurement, uncontrolled PPV, last-minute buying and a fragmented invoicing/payments process that burdened Accounts Payable and inflated transaction costs. To address these issues ISC engaged Simfoni and its end-to-end Procurement as a Service (PaaS), including Simfoni’s OneVendor Invoicing & Payments solution.

Simfoni implemented its OneVendor Payments Program so ISC now receives a single consolidated invoice to Simfoni, who handles supplier payments on ISC’s behalf, eliminating the need to process hundreds of individual invoices. The change delivered measurable time and resource savings, reduced errors and rework, improved supplier relationships, and gave ISC full visibility into spend via Simfoni’s Spend Analytics — a transformation ISC describes as “transaction crushing.”


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Interconnect Solutions Company

Nick Kendall-Jones

Chief Executive Officer


Simfoni

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