Bohus is Norway's largest nationwide furniture and interior design chain. With 300,000 invoices received per year, the company needed a centralized and automated process. Find out how all this was achieved with Medius AP Automation.
Background on Bohus and their set-up
Who is Bohus?
With 59 retail stores, an online business, and sales of approximately NOK 3 billion, Bohus is Norway’s largest nationwide furniture and interior design retailer.
What was the challenge?
With a lack of visibility and centralized workflow, it was difficult to track and control costs. Bohus also knew that better security and analytics were needed.
How did we help?
Bohus now has a centralized system with better efficiency and control. Improved procedures, processes, and visibility have helped improve the company's profit margin.
"We have reached a higher level of professionalism both in the processing of invoices and the accounts payable process, but also due to the fact that we operate in the cloud and do not need to worry about servers, security and availability."
Per Magnus Frantzen
Bohus CFO
Explore four financial hurdles facing finance professionals
Download quick facts about fraud, slow payments, siloed teams, and low job satisfaction (AND how to overcome them!) from the Medius Financial Professional Census Report.
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.
