Management of supplier invoices for the HD Group
HD Group, a leading conglomerate of companies dedicated to tourism and the hotel sector, presented us with one of the most significant challenges it faced: optimizing all of its financial management and the processing of supplier invoices and contracts. In this success story, we break down how Grupo HD has managed to automate a substantial part of its invoicing process and improve its financial efficiency.
The challenge
Grupo HD sought to improve several key areas of its business. In particular, following this alliance, we have been able to make an impact in three areas:
's invoice management for group suppliers
The implementation of the requisition and contract modules
Likewise, the ultimate goal of the collaboration was to optimize the financial operations of the group and its brands through the electronic invoicing software from easyap.
Task automation
Automatic posting
Reduction of manual errors
Simplification of procedures
Results
Thanks to our joint efforts, the automation of this process has become a reality. Without going any further, our solution has had an impact in the three areas mentioned above:
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Supplier invoice management
In October 2023, HD Group automatically reconciled 67.23% of invoices at the first instance and 14.63% at the second instance. In total, this represents an impressive 82% of invoices reconciled automatically. This efficiency has significantly reduced manual workload, minimizing errors and allowing finance teams to focus on strategic tasks.
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Automatic accounting
Automatic accounting is another area in which we have played a crucial role. Thanks to the software's ability to integrate with Grupo HD's accounting systems, we have streamlined the invoice registration and reconciliation process. The reduction in manual errors and the accuracy of the accounting have significantly improved financial decision-making.
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Requisitions and Contracts Module
We have simplified the management of requisitions and contracts within Grupo HD. The modules dedicated to these areas have provided greater visibility and control over transactions and agreements. This has not only optimized the procurement process, but also contract management, ensuring that agreed terms are met and breaches are avoided.
Conclusion
In short, HD Hoteles Group has undergone a true digital transformation in its financial management thanks to easyap. The automation of supplier invoice management, automatic accounting, and the implementation of requisition and contract modules have boosted its efficiency and operational accuracy.
Data such as that cited above reflects the positive impact of easyap on Grupo HD. As in other success stories, we have once again demonstrated our commitment to excellence in the financial management of our clients, helping companies of all kinds to achieve maximum efficiency in their operations. This is a testament to the power of automation and our relationship with our clients to achieve their financial success.
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