Bohus doubled the performance at half the cost
17 Jan 2018
Bohus is Norway's largest nationwide furniture and interior design chain. A steady stream of supplier invoices is generated with 59 physical stores, an online store and sales of approximately NOK three billion (USD 360 million) - 300,000 supplier invoices per year, to be exact. The accounts payable process is now best in class following the upgrade to Medius AP Automation in the cloud. An ambitious investment that saves millions - every single year.
"The amount of money we saved by investing in Medius is roughly equivalent to the annual salaries of ten full-time employees, and we cut the costs of this work by nearly NOK 5 million (USD 600K) annually. It is therefore a fact that the investment has paid off quickly", said Per Magnus Frantzen, CFO at Bohus AS.
Download the case study to learn how they did it.