Customer Success Story: Entercom ditches the paper and reduces costs
We often discuss the value of implementing an AP/AR document management system that integrates with an existing ERP solution, and one Metafile customer, Entercom, recently saw that value in action. As one of the five largest broadcasting companies in the U.S., Entercom uses Microsoft Dynamics SL to manage its accounting functions, using a centralized system to process invoices and other transactions for its 23 locations. Within the system, there are 76,000 records from 12,000 to 15,000 vendors who have been active over the last two years.
While Microsoft Dynamics SL offered significant capabilities in connecting the accounts payable process for all of the locations, the company was not capitalizing on the system's potential as it was manually processing paper invoices. Entercom decided to implement an accounts payable automation and workflow solution using Metafile's MetaViewer solution, which provides the ability to scan paper invoices, index them, route them for approval and archive them.
The company began by integrating MetaViewer with its Microsoft Dynamics SL at the corporate level, preceding a planned, strategic rollout to local offices. The company has plans to establish 21 scan stations (some locations have consolidated business offices) where paper invoices will be scanned into MetaViewer locally before being coded at Corporate and subsequently routed back to the office for the necessary approvals.
Entercom anticipates MetaViewer will greatly improve efficiency by allowing employees who currently spend large amounts of time on payables to focus on other areas as well as helping to reduce expenses. Read Entercom's full success story here.
