Baird & Warner Showcases AP Efficiency with Cor360 Approval Workflow
At Baird & Warner, the largest, locally owned independent residential real estate services company in the Chicago area, the challenge came out to create a paper-free workplace and increase efficiencies. The pressure was on. With nearly 300 employees and 2,000 sales professionals in 25 offices, they needed a solution that was easy to use. They chose Corcentric. Within six weeks of working with the product, employees were seeing the benefits. They eventually reduced the amount of invoices paid with paper checks by 40% and scaled up their business by 50% to 75% with the existing staff. This case study shares their experience moving in to automation.
Not only did Baird & Warner need to convert the 18,000 non-PO paper invoices received each year to e-invoices, they needed to “see” the status of orders placed and delivery verifications. Corcentric provided:
- 24/7 visibility into status of invoices
- Accurate month-end accrual reporting
- Centralized processing
- Scalability for business growth without additional resource expense
The case study clearly describes how Baird & Warner was able to shift resources from the tedious task of payables to actually generating revenue. Learn how you can do the same.