For years, processing purchase orders and invoices was mainly a manual process at Alphamatic. This meant tons of paper that was difficult to track, errors that required effort-intensive customer follow up and delays in payments. To remedy the situation, Alphamatic decided to digitize things.

The company joined the Ariba Network and began leveraging the cloud-based applications delivered on it to collaborate on purchase orders (POs) and invoices. It has quickly seen results.

Specifically, the company has achieved:

• 60 percent reduction in time spent on follow-ups for payment
• 50 percent faster payment for online invoices
• 40 percent increase in business from one of its largest customers

Chan Woei Liang, sales director, Enterprise Business Solutions, Alphamatic Systems:
“With the Ariba Network, it is very easy to track POs and invoices online. We’ve reduced the time spent on follow-ups for payment significantly, and have even seen business growth.”

Dr. Chakib Bouhdary, president, Ariba:
“Business is different today. It demands a new, more collaborative way of operating, and Ariba is fueling it by bringing the connectivity and convenience of personal networks to the enterprise. With Ariba, companies can simplify complex and inefficient processes and enable new ones that enhance their performance and productivity.”

With more than 1.7 million companies connected and transacting over $700 billion in commerce on an annual basis, Ariba Network is the world’s largest, most global business-to-business trading platform. Click here to learn more about the benefits it can deliver to your organization.

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