Monday 8th October, 2018
Allied Bakeries has selected Top Image Systems to implement an automated invoice processing solution that is integrated with their SAP system.
Allied Bakeries is a wholly owned subsidiary of the Associated British Foods (ABF) Group, which totaled £15.4bn in revenue in 2017. The ABF Group comprises five business segments—Grocery, Sugar, Ingredients, Agriculture, and Retail. Allied Bakeries operates within the Grocery segment, manufacturing such UK household brands as Sunblest, Kingsmill, Allinson’s, and Burgen.
The company operates a Shared Services Center (SSC) in Liverpool for its centralised Accounts Payable function.
Top Image Systems eFLOW AP for SAP will provide Allied Bakeries with full OCR and automated workflow components, fully integrated within their SAP system. Accounts Payable staff can access eFLOW AP for SAP through a single user interface, in their familiar SAP environment, to maximise process efficiency.
The initial implementation will handle in excess of 100,000 invoices per year, incorporating a variety of source input formats.
“We are committed to delivering innovative solutions to help Finance teams drive down transaction costs through continuous process improvements, as well to providing real-time visibility into their finance operations,” said Brendan Reidy, CEO of Top Image Systems.
He added, “Allied Bakeries is part of Associated British Foods, with operations in 50 countries, and we are excited to be selected for this strategic system deployment.”