Conextrade has, with its innovative solutions, optimally covered all our requirements in automated digital invoice processing.

Following significant growth of EKZ Group at home and abroad, the number of accounts payable invoices rose to around 110,000 per year. The goal was to move away from paper and towards an efficient, digital, automated and environmentally friendly solution. Conextrade offers this through automated invoice receipt.

Thomas Altenburger, Head of the Finance & Accounting department, had the creditor processes and the digitisation possibilities analysed. The result was that very significant optimisation potential existed. EKZ then decided to work with external professional providers in order to digitise the process. The company has been using "E-invoicing" since 2008 and at that time already received 30% of incoming invoices as "E-invoicing" instead of paper. The incoming paper invoices were scanned and processed by EKZ itself. Over time, however, there were always new challenges. The ageing hardware, the need for a back-up scanner for emergencies and software updates posed challenges for EKZ. The situation became untenable and a suitable solution had to be found. Instead of a time-consuming and costly upgrade of the scanners, the OCR software and the workflow, Thomas Altenburger looked for a more efficient and economical solution.