Horsch Maschinen GmbH SUCCESS STORY OF A CUSTOMER PROJECT
As a globally leading manufacturer of agricultural machinery, Horsch Maschinen GmbH continued to experience increasing invoice volumes. It was a great challenge for the employees to process approx. 20,000 incoming invoices per month, which required a considerable expenditure of time. At the same time, lawful invoicing – particularly in Germany – had to be ensured.
The implementation of FIS/edc and FIS/Invoice Refinement Service was a decisive step towards automation: invoices are now processed in an automated way. Intelligent document recognition and specific assignments to persons responsible considerably reduce the workload of the team. The possibility of background postings ensures additional gains in efficiency.
INDUSTRY
manufacturing of agricultural machinery
ENTERPRISE
3,300 employees at the Schwandorf location
TARGET
FIS/Invoice Refinement Service for processing e-invoices
TECHNOLOGY
FIS/edc for incoming invoices
CHALLENGES
- High volume of invoices with 20,000 incoming invoices per month
- High amount of time and effort when processing incoming invoices
- Duplicate follow-up activities entail a high loss of time
- Invoicing in conformity with the German law must be ensured
- Target: efficient and automated invoicing
SOLUTION AND CUSTOMER BENEFITS
- Efficient and automated incoming invoice processing with FIS/edc for incoming invoices
- FIS/Invoice Refinement Service for processing e-invoices
- The solution guarantees invoicing in conformity with the law
- Intelligent document recognition reduces manual efforts
- Invoices are automatically assigned to the person responsible by means of the vendor number
- Additional process acceleration through the possibility of background postings
Horsch Maschinen GmbH
At the beginning of the 1980s, Michael Horsch developed the “Sä-Exaktor” for his uncle, i.e. a direct seed drill machine that can be used to place the seeds under the straw residues. This machine laid the foundation for HORSCH Maschinen GmbH that was founded by Michael Horsch in the Bavarian town of Schwandorf in 1984. The company grew steadily in the 2010s in particular and pushed ahead with its internationalization strategy. Now, agricultural engineering by HORSCH is represented on every continent and the company has branch offices and sister companies in different countries, such as France, Poland, Great Britain, Canada and the USA. Environmental protection and human health are main concerns of the manufacturer of agricultural machinery. The family-owned company is run by Michael Horsch, Cornelia Horsch, Philipp Horsch and Theodor Leeb.
Invoicing in conformity with the law FIS/Invoice Refinement Service
FIS/Invoice Refinement Service is used to process and verify incoming e-invoices automatically and adopt them in the SAP system in a structured way. This includes checking the completeness and correctness of all relevant information to ensure the legally compliant processing of invoices. Incomplete or erroneous invoices are recognized and reported at an early stage. This guarantees invoicing in conformity with the law at any time and completely without manual postprocessing.
We are looking forward to talking to you REQUEST PERSONAL CONSULTING
