Network Rail runs, maintains and develops Britain’s rail tracks, signalling bridges, tunnels, and many key stations, transporting around 1.7 billion passengers yearly and maintaining 32,000 bridges and tunnels.
With a huge invoice amount going through every day and a long processing cycle, Network Rail chose ITESOFT to improve, optimise and automate their accounts payable process.
Discover all the benefits Network Rail are getting with AP automation:
- Lowered processing cycle times from 1.2 days (industry average is 3+ days)
- Reduced operating costs: AP teams now reduced from 20 people to 14
- 82% invoice matching automation
