SPIE Netherlands and SPIE Building Solutions, part of a leading multi-technical services provider, were processing nearly 500,000 invoices a year using outdated OCR software. Their legacy system couldn’t support multiple users, required extensive manual effort, and lacked integration with SAP and IFS ERP systems. To improve accounts payable efficiency and scale with growth, SPIE implemented Tungsten AP Essentials, delivered by partner Simac. The cloud-based automation solution reduced invoice processing time by 50% and increased data recognition accuracy from 50% to 75% without increasing headcount.
About SPIE
SPIE Netherlands is part of the SPIE Group, a leading European provider of multi-technical services in the areas of energy and communications. With a strong focus on sustainability and digital transformation, SPIE Netherlands supports the design, installation, and maintenance of systems for smart cities, buildings, and industrial facilities.
About SIMAC
Simac is a leading IT solutions provider headquartered in the Netherlands, specializing in digital transformation, system integration, and intelligent automation. As a trusted implementation partner, Simac helps organizations streamline operations and drive innovation through tailored technology solutions.
Products
Invoice Automation: InvoiceAgility
InvoiceAgility delivers a unified solution to handle invoices of practically any kind, from anywhere. With heightened accuracy and rapid processing, from weeks down to minutes, costs per invoice
Tungsten AP Essentials™
Ensure invoice accuracy in no time with invoice approval software built to upgrade your workflows and outcomes.
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