Xavier Jégard, Director of Accounting, Consolidation and Taxation at ERAMET shared with us the challenges he faced when driving Eramet’s invoice digitization project, the various players involved, as well as the best practices.
You can find the video below.
Here you can find some key statements from his interview:
“We’ve accelerated our transition towards full digitalization of our P2P process as a result of the pandemic. We had begun this process before the outbreak of COVID-19 and we had a number of clear objectives in mind. The first was harmonization and standardization: we had different systems and different ERPs and we needed to fix that. Secondly, and more ambitiously, we wanted to eliminate paper-based processes in order to increase productivity and reduce costs.
When we first set out on this project we encountered some resistance on the part of colleagues within the business. We also needed to convince suppliers to join the platform and start to submit their invoices electronically. After the pandemic hit, colleagues asked us to accelerate the implementation of digitized processes. Suppliers also came to us proactively to send us their invoices electronically in order to accelerate the payment process. In the space of just a few days, we were able to speed up our transition by weeks.”
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