Seven Billion Dollar Energy Company Broadens Prodagio AP Deployment and Gets Double Green

A leading regional energy company is expanding the use of Prodagio AP across the enterprise to all their approvers and requestors.  This is part of an overall initiative to reduce cost and increase effectiveness across the company.  The expansion to Requestors eliminates the manual, paper based approach to check requests and other unique Non-PO items, which will shave days and complexity off their current snail mail based process.  Standard features, like Prodagio AP, give companies the ability to manage and control their transaction types.

Another benefit from this expansion is improved reconciliation.  All business users now have the ability to research invoices and payment requests quickly from their desks – no calls or emails necessary to double check information.  This will reduce time and improve accuracy during reconciliation.  Prodagio AP provides visibility across all transaction types – PO vs. Non-PO - Paper vs. electronics.

The company already realized operating cost savings goals from the initial Prodagio AP implementation.  Along with saving and efficiency gains, the company gained needed control and visibility into all invoices in the enterprise.  With Prodagio AP, this improved awareness is tied to the ability to take direct action, which has positively impacted cash flow for the company, as they can better utilize both supplier conditions and form accruals.  With all the reduction of paper and process, their carbon footprint is reduced making it a double green win both economically and ecologically.