Hyundai Motor Company Australia Gains
Valuable Financial Insight
Kofax Capture and Kofax TotalAgility Provide Greater Transparency
and Accountability Through Invoice Processing
The Challenge
In 2009, Hyundai Motor Company Australia (HMCA) set out to...
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Hyundai Motor Company Australia Gains
Valuable Financial Insight
Kofax Capture and Kofax TotalAgility Provide Greater Transparency
and Accountability Through Invoice Processing
The Challenge
In 2009, Hyundai Motor Company Australia (HMCA) set out to
improve its invoice processing by deploying Kofax Capture™ and
Kofax TotalAgility™.
At stake was not merely improved efficiency,
but also greater insight into a vital area of the business.
As anyone in finance knows, invoice processing is one of the
most important day-to-day activities in any business.
Without good
management of that process and a clear understanding of the
company’s vendor obligations, a business can accrue late fees, lose
money paying inaccurate invoices, and miss opportunities to cash
in on discounts for early payments.
Efficient and timely invoice
processing is also important for building stronger relationships with
vendors.
Over the years, invoice payment had become an opaque and
inefficient
Less
