Company information
DIS had a number of challanges
Realized that with their continuous growth, one had to streamline and automate their financial processes - the first step was the automation of their creditor invoices.
Before, DIS handled all their creditor invoices manually, so unimaginably many manual entries and a lot of routine work. They could well see the scenario; in line with their growth, they are getting more and more suppliers, so the person who spent a little 25 hours a week handling 80% of their creditor invoices was not enough and it was not on the administrative side that one wanted growth, so something should be done.
The choice fell on Kofax ReadSoft Online
Martin Lønsmann, the BI Analyst at DIS, prepared a business case in which he presented a number of KPIs:
- Good match between investment against expected earnings;
- Significant resource savings;
- Expected return on investment (ROI) approx. Six months;
- Quick access to support;
- Quick realization of the solution;
- User-friendly design - high priority;
- Scalability.
Kofax ReadSoft Online is a cloud solution that is easy to access, short implementation time, and always on the latest version, so there are no upgrade projects. Today, DIS handles small 25,000 invoices annually internationally. A conservative estimate over three years, DIS expects to hit around 40-45,000 invoices, so, therefore, the solution should also be scalable.
More benefits of Kofax ReadSoft Online
DIS quickly gained value from their Online solution, it works well, and they have already seen several improvements and savings. An essential parameter in the success was that the users were always on the sidelines and provided input on how the invoicing process could be streamlined and what data needed to be lifted, interpreted, verified, etc.
- Today, all suppliers send their invoices to an individual mailbox, which automatically forwards to Online's mailbox, based on a number of predefined rules.
- In 3 months, invoice handling has reduced time consumption by 50%, which has given the employee more time for value-creating work.
- The employee has experienced a significant reduction in routine work, which has resulted in greater job satisfaction.
Martin Lønsmann
BI Analyst - DIS
DIS
It is an international knowledge company that provides consulting services, consulting, and total solutions to the industry. DIS was founded in 1997 and today has branches in Denmark, Poland, Spain, Germany, and the USA and counts 17 offices worldwide and employs more than 500 engineers. In Denmark, the name is DIS, and in the rest of the world, it is CREADIS.
Martin Lønsmann
BI Analyst - DIS
Dynatos
Is a certified value-adding partner and authorized to distribute Kofax licenses with associated implementation, support, and maintenance in the Nordic region. Dynatos today has over 60 dedicated employees who are continually striving to get better by combining expertise, new ideas, and innovative technology. Kofax is the leading cloud solution for data capture, interpretation, and validation of invoice data on Microsoft Azure. Kofax ReadSoft Online is a standard solution and suitable for companies that want a high degree of automation, scalability, fast implementation, and a user-friendly interface.