Alliance Data reduces invoice handling costs by 50%

Alliance Data’s success with e-invoicing lies in its investment in preparation. Alliance spent time to understand and establish key metrics to measure the initiative’s impact and was ready to aim high for 100% supplier enrollment.

Overview

Alliance Data Systems (ADS) is North America’s largest and most comprehensive provider of transaction-based, data-driven marketing and loyalty solutions serving large, consumer-based industries. It has revenues of more than $3.6 billion in 2012.

In 2010, Alliance Data worked with a third party to benchmark its invoice performance with similarly sized companies and found it was underperforming on metrics such as invoices processed per full-time employee and processing cost per invoice.

Alliance Data has already achieved some outstanding outcomes. “As a result of acquisitions and organic growth, we are processing an additional 5,500 invoices per month, but we are still delivering increased productivity through e-invoicing with no additional headcount in Accounts Payable,” says Todd.

Download the case study for more details

Results

50%
reduction in cost per invoice
122%
increased productivity per FTE
50%
reduction in average payment time from 53 to 26 days

“Tungsten Network’s global presence and its ability to be compliant across a number of international regulatory jurisdictions were important to us. We were also looking for a provider with a large worldwide network with several of our suppliers already enrolled, that could offer format flexibility for our suppliers.”

Yolanda Quevedo, Accounts Payable Manager, Alliance Data

Interested in learning more?

Explore our suite of AP & AR solutions, and continue your journey towards achieving world-class performance.

Solutions & Resources

Maak een gratis afspraak

Wij hebben het grootste zakelijke transactienetwerk ter wereld ontwikkeld dat voldoet aan de regelgeving en ondersteunen internationale bedrijven hiermee op hun reis naar prestaties van wereldklasse.

Begin uw reis vandaag.

Neem contact met ons op