Reputation is incredibly valuable, particularly in the banking and professional services sector, where an organisation’s financial conduct should mirror the same professional integrity promoted throughout the rest of the business and its customers. In today's business enviroment the company’s financial reputation with suppliers has a huge impact on pricing and profitability.
Uni Credit tells you how they not only gained several benefits from automating their accounts payable function but improved their supplier relationships. When UniCredit Bank implemented Basware's invoice automation solution they didn’t have plans to reduce the staff in their AP Department, or to increase the volume of invoices they were handling – they had two critical goals; control and compliance.
Ray Archer, Accounts Payable Supervisor at UniCredit, discusses why they chose Basware and how the increased visibility of financial information the solution has provided, has greatly improved both the auditing and budgeting processes, as well as the bank's reputation and relationship with suppliers.