How Kier have built supplier trust using Causeway Tradex for digital prompt payment
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How has the use of Causeway Tradex for electronic invoice management transformed the way in which Kier Group operates? Enjoy this OnDemand webinar as we are joined by Dan Foley, Finance Shared Services Director at Kier Group, who explains exactly how the technology has been implemented, with a particular focus on meeting prompt payment rules.
What's on the agenda?
With a cost the the UK economy of over £27bn, late payments are a barrier to growth, create risk and stifle innovation.
As a true e-invoicing solution, Causeway Tradex enables straight through processing, which allows payments to be approved and paid within a timely manner and without exceeding the payment terms clock.
In this webinar, we explore:
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Why trust is something you have to earn
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The role of automated invoice processing
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Setting targets to adhere to prompt payment
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How Kier Group use Causeway Tradex
By implementing Causeway Tradex, Kier Group now provides a single e-invoicing solution for its valued supply chain. This allows suppliers who operate across many divisions of Kier Group to submit invoices in the same streamlined way.
Today, 94% of all invoices received into Kier come through the Causeway Tradex portal. The business' straight-through-processing has increased many fold and invoice queries have also dropped.
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Transform your invoice management with Causeway Tradex
Contact us today for a software demonstration.
Improve efficiencies by removing manual processes.
Automated matching and reconciliation of POs, GRNs and invoices.
Lower operating overhead by saving more than 50% on the cost associated with manual invoice processing.
Improve supplier relationships with faster invoice payments.