Piet Waardenburg,
Procurement Manager
Managing the Entire Procurement Process From Purchase to Pay
The largest company in Europe specializing in waste management services, SITA, was looking to centralize its procurement and financial management and needed a system that would support this model. SITA's functions in the Netherlands and Flanders area handle more than 100,000 purchase orders and 128,000 invoices annually. Such high quantities can only be managed successfully with uniform approval procedures, a centralized operating model and well-tuned systems.
Key Challenges:
- Purchasing and invoice handling laborious and time-consuming
- Huge number of suppliers and maverick purchasing
- Lost invoices, long processing times
- The process is not supporting the shared service center model
Solutions: Basware Purchase Management, Basware Invoice Processing, matching solutions
With Basware Enterprise Purchase to Pay solutions SITA Netherlands was able to automate the procurement process. Thanks to Basware's solutions, SITA's invoice approval process is faster as invoices are automatically matched to purchase orders.
Key Benefits:
- Improved transparency of the whole audit trail
- Basware Purchase Management generated savings of up to ten euros per purchase thanks to improved efficiency and time savings
- Predictability of business operations and management's control improved
