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Mondi Group

Mondi Wrap Up Their Vendor Invoice Processing with OpenText

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Automation, Audit, and Ease of Access Speed up Invoice Processing Reducing Costs, Aiding Compliance and Reporting

We're able to process the same volume of invoices each month, with a team half the size it was previously, having redeployed a number of staff to other areas of the business.

Craig Barrett, Financial Accounting Manager, Mondi South Africa Division

Challenge

  • Manual paper-intensive invoice processing was slow and costly
  • Compliance drivers placed additional strain on resources: checking VAT numbers, bank details, etc.
  • Lack of integration of business processes to SAP, with low adoption of SAP best practicer

Value

  • Improved compliance to South African Revenue Service requirements
  • Seamless integration into SAP platform with access to both invoice data and documents speeding up enquiry handling
  • Vendor invoice process automation leading to cost reductions

About Mondi Group

Mondi Group is an international packaging and paper group, with production operations across 30 countries and over 25,700 employees. Key operations and interests are in central Europe, Russia, and South Africa, with over 100 operating sites. For more information, visit: www.mondigroup.com