247TailorSteel, an industrial sheet metal manufacturer, started working with ISP-Invoice from ISPnext for digital invoice processing in the summer of 2019. The company has experienced strong growth in recent years, with nearly 18,000 customers and a growing flow of more than 10,000 incoming invoices per year.
More than 10,000 invoices per year were largely printed out and processed manually, making the approval process time-consuming and leaving little room for further growth.
After extensive research, 247TailorSteel chose ISPnext for its expertise in e-invoicing, and implemented ISP-Invoice for digital invoice processing and a workflow-driven approval process.
A faster and clearer approval process, significant time savings, and no need to hire additional staff in accounts payable despite the company’s strong growth.
Gaining control over a growing flow of invoices
As 247TailorSteel grew strongly, the number of incoming invoices increased sharply as well. With a largely manual process, it became increasingly difficult to process these efficiently and clearly.
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Manual processing of a growing number of invoices
When the company exceeded 10,000 incoming invoices per year, which were still printed out manually, digitisation became necessary.
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Time-consuming approval process
The manual process made approving invoices very time-consuming, putting extra strain on the finance department.
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Limited overview of status and contacts
There was insufficient overview of which invoices needed approval, what their status was, and who to contact about them.
"A clear vision. They are not afraid to challenge you on the current work process."
Digital invoice processing with ISP-Invoice
247TailorSteel implemented ISPnext’s ISP-Invoice for the complete digital processing of incoming invoices, with support in redesigning the existing work process.
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Choosing ISPnext after extensive research
After research and comparing packages, 247TailorSteel chose ISPnext for its expertise in e-invoicing, core business for ISPnext, not just an afterthought.
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Digital processing of invoices
Invoices are no longer printed out manually but processed digitally within ISP-Invoice, making the process faster and clearer.
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Redesigning the approval process
ISPnext helped and advised in letting go of the old accounts payable work process and setting up the new one.
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Overview for approvers
Approvers get an overview of the invoices to be approved, their status, and the relevant contacts, greatly speeding up the approval process.
Significant time savings without additional staff
Thanks to ISP-Invoice, invoice processing at 247TailorSteel is faster and clearer. Despite the company’s strong growth and increasing invoice volume, there was no need to hire additional staff in accounts payable.
What it delivers for 247TailorSteel
- No more manual printing and processing of invoices thanks to digital invoice processing
- Faster approval process with full overview of status and contacts
- Significant time savings in accounts payable
- No need to hire additional staff despite strong company growth
- Personal support in redesigning the work process and friendly, clear support
Frequently asked questions about e-invoicing at 247TailorSteel
After extensive research and comparing packages, 247TailorSteel chose ISPnext for its expertise in e-invoicing, core business for ISPnext, not just an afterthought.
The company processed more than 10,000 incoming invoices per year largely manually and printed them out, making the approval process time-consuming.
A faster and clearer approval process, significant time savings, and no need to hire additional staff despite the company’s strong growth.
ISPnext helped and advised in letting go of the old accounts payable process, and together they determined what the new process should look like.
Contact with the support department is experienced very positively: friendly and clear, including for improvements still needed after implementation.
247TailorSteel wants to further optimise its Microsoft Navision accounting package and is working towards clearer reporting to management.
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