LuLu Group accelerates goods receiving and streamlines invoice processing
Key Takeaways
⇨ LuLu Group achieved a remarkable 70% straight-through processing (STP) rate for millions of invoices, significantly increasing operational efficiency.
⇨ The digitalization of their accounts payable (AP) processes led to a 50% acceleration in the goods receiving process.
⇨ OpenText played a crucial role in transforming LuLu Group's financial operations through advanced digital solutions.
LuLu Group enhanced their accounts payable processes by digitalizing with OpenText, achieving a 70% straight-through processing rate for millions of invoices and accelerating goods receiving by 50%.
