Case Study: Volvo Financial Services streamlines invoicing and reduces disputes with TradeCentric

How Volvo Financial Services Streamlines the Invoicing Process with TradeCentric

Volvo Financial Services, a part of the Volvo Group, faced challenges in meeting its customers' increasing demands for B2B eCommerce integration, particularly for automating invoice processing. Their in-house integration method was labor-intensive, slow to build, and difficult to scale across their expansive dealer network with multiple back-end systems. This was especially apparent when a major customer requested integration with the SAP Ariba platform.

By implementing TradeCentric's PunchOut, Purchase Order Automation, and Invoice Automation solutions, VFS automated its manual invoicing tasks. This partnership with TradeCentric allowed VFS to quickly accommodate integration requests, drastically reduce customer disputes, and save countless hours on invoice management. The results included optimized sales growth, greater supply chain transparency, and the ability to provide a best-in-class B2B Connected Commerce offering.

Volvo

Joey Wells

Director of Payment Solutions