E-Invoicing Enables 7 Finance Super Powers

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Presented by

Chris Darlington (Global Process & Systems Lead, Finance & Procurement).

About this talk

Retail giant John Lewis began its e-invoicing journey in Procurement. Initially, Chris Darlington, Global Process Lead S2C & Finance, wanted to connect users to preferred and approved suppliers and reduce OTOVs. Now fully into implementation, they process 2.2 million invoices, and the metrics are jaw dropping: · 97% of all invoices are pure electronic (not PDF) · 98% of invoices match against a PO · 91% of invoices are completely touchless – electronic straight through · The average time it takes to process an invoice is 4 days Join us for this webinar to hear John Lewis’ remarkable story. Chris will share how the above numbers became possible, and how this new-normal has transported Finance Service Delivery into a higher realm of finance capability. You will discover how John Lewis, in partnership with Coupa: · Consolidated its supplier base · Ensured optimisation in the tail · Established hyperconnectivity between Coupa and the Finance estate by building 61 connectors, ensuring one version of the truth and a clear horizontal perspective across S2P Join us to hear how 7 brilliant new capabilities/offerings are live thanks to the rock-solid, absolutely top-notch electronic invoicing process at John Lewis.
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