A leading Norwegian discount chain faced significant challenges in managing a constant flow of invoices from their extensive store network across Norway. The finance department was overwhelmed with manual document management and paperwork.
Europris
A leading discount chain focused on achieving significant time and cost savings through the automation and digitization of their finance department. By implementing advanced technology and customizable solutions, they aim to streamline operations and optimize resource usage, ultimately contributing to business growth and success.
Norwegian discount retail industry
Compello
Compello provided a solution that enabled the retail chain to achieve an automation rate of 94%. By implementing AI and smart rules, the company digitized and automated its entire invoice process, from receipt to posting, leading to significant time and cost savings.
“With over 280 stores, this retail chain handles an enormous amount of invoices and documents. We have worked closely together over the years to implement automated processes that save them time and money in their daily work,” says Sondre Beck Solberg, Customer Success Manager at Compello.
“We have seen a reduction in costs related to invoice handling. We have freed up resources that can now focus on more value-creating tasks”
Anette L.
Europris
By digitizing their invoice flow, the chain reduced manual work, minimized errors, and decreased administrative costs. Automation also allowed a reduction in workforce from 15 to 2-3 employees for handling 420,000 invoices. With Compello’s customizable solution, they simplified processes and optimized financial operations.
“We have seen a reduction in costs related to invoice handling. We have freed up resources that can now focus on more value-creating tasks, while simultaneously reducing costs associated with manual work and error handling.” – Anette L.
Through a long-term collaboration, the company transitioned from an on-premise solution to a full cloud journey, reaping significant benefits in finance automation. They continue to work with Compello to further enhance their invoice processing capabilities and focus on value-creating tasks.
“Compello is committed to delivering innovative solutions that support business growth and success, and we are proud to do this together with such a forward-leaning chain,” concludes Sondre Beck Solberg.
