Reducing factory downtime and fraud with PO approval automation
Overview
Within the manufacturing sector, delays in acquiring parts, supplies, or raw materials can significantly impact operations.
Much of this delay stems from manual processes, particularly within the Purchasing Department, where approval of Purchase Orders (POs) can consume valuable time.
Recognizing the potential of cloud technology to enhance efficiency, Sogefi Brazil, a prominent Suspension Division within Sogefi Group, partnered with Infor to revamp their PO approval process.
Within a brief 30-day period, Sogefi leveraged the Infor™ OS Platform to overhaul their system, achieving an impressive 97% on-time approval rate, a significant improvement from the previous 60%. Summary of results:
- 42% faster PO approval rate reduces factory downtime and service delays
- 97% on-time PO approval improves employee satisfaction
- 100% compliant process ensures segregation of duties
- Less than 30 days time-to-value
Watch the customer story to learn more.
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