Chadwell Supply is a wholesaler of appliances, electrical fixtures, and more. Using a manual AP system made it difficult for staff to route invoices and receive timely approvals. Learn how Medius APA made three-way-matching easy and helped Chadwell reach 75% touchless capture.
Background on Chadwell Supply and their set-up
Benefits of Medius AP Automation
Who is Chadwell Supply?
A family owned business since the 1970’s, Chadwell has 19 locations throughout the US providing appliances, electrical and HVAC systems, windows, doors and floors.
What was the challenge?
It was important to match invoices to purchase orders and receipts, but a manual system made it almost impossible. Valuable resources were going to waste.
How did we help?
With automated three-way matching, Chadwell super-charged its approvals and now processes 100K invoices per year.
Hear from AP Manager Mayra Perez as she discusses how Medius helped the company grow from 12 to 18 branches, while maintaining their invoice volume and headcount.
“We like to see how many invoices are actually touchless and see how much more time we have now.”
Mayra Perez
AP Manager
Accounts payable staff are on the front line of business change and often are tasked to implement cash flow policy changes in near real time. In many ways, AP has become the control tower for managing spend within the organization. However, many of them are stuck with legacy tools and outdated processes, creating massive inefficiencies. The real promise of AI and machine learning within accounts payable is not just streamlining processes but eliminating them. This report from IDC explores how AP automation of today is evolving to become autonomous AP of tomorrow.
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Want a holistic view of spend?
Finance teams require data at the point of decision to spot potential risks or duplicate invoices as they occur. Download our CFOs Guide to AP Nirvana to find out how a holistic view of spend can give you answers when you need them.
Automated to autonomous AP
Examine the pressures driving AP departments to adopt automation to mitigate risk and improve efficiency and how the AP automation of today is becoming the autonomous AP of tomorrow. Download IDC report.