Liebert Corporation

Paper-Based AP Processes Become Digital with Minimal Changes

A DataServ Client since 2004

Key Results:

a computer server room

Executive Summary

Liebert Corporation, a subsidiary of Fortune500 Vertiv, is a global manufacturer of power and environmental control systems. Since it’s official beginning in 1965, Liebert had been utilizing a heavily paper-based AP process. The inefficiencies generated by such a cumbersome manual process included misplaced paperwork, an inability to track price variances, a time-consuming short pay process, and inefficient processing of checks.

Outcomes

Liebert began routing all inbound invoices to designated P.O. boxes which are managed by DataServ to receive and separate incoming invoices. The mail was then collected by DataServ, prepped, scanned, and put through the Invoice Processing Machine (our intelligent SaaS OCR). Once the header and line data is captured, the invoices are auto-routed into different digital work queues based on the data contained on the documents.  

Taking this enormous amount of manual labor away from Liebert provided 30+ days of additional visibility and allowed the manufacturer a more wholistic view of their AP department, including:  

  • Immediate discrepancy detection, allowing for previously unachieved continuity in Liebert’s AP process.  
  • Reduction in the overall AP approval process timeline; What once took weeks now takes only a few days.  
  • A custom digital pricing report that could be accessed by Liebert’s buyers to ensure the price quotes matched the outgoing payments.

Business Impact

The challenge presented by Liebert pushed the DataServ team to develop a highly sophisticated workflow process. Liebert now has a system that not only leverages automation, but also allows their buyers and AP staff to work closely together to compare notes ‘on the fly’ and resolve exceptions early in the process. 

Today, Liebert’s employees can access their digital AP documents quickly and securely from multiple locations around the world. On the back end, DataServ provides the full document lifecycle management of the imaged documents. 

Thoughts from Liebert

“The improvements our department gained with DataServ were almost instantaneous. Many of our processes have improved, including our short-pay and approval processes, which before were challenging and involved many people and a lot of time.

“Liebert is a worldwide corporation, and there are invoices that need approval from all over the country. Consolidating all invoices to be mailed to specific P.O. boxes allows the Accounts Payable staff to digitally route invoices for approval. What in the past took sometimes weeks, now takes only a few days!

“We can already see more ways for making the process more efficient. This program is wonderful to work with. Our expectations have been exceeded, and we look forward to many years with DataServ.”

  • Wendy White, AP Supervisor, Liebert Corporation

Thoughts from Liebert

“The improvements our department gained with DataServ were almost instantaneous. Many of our processes have improved, including our short-pay and approval processes, which before were challenging and involved many people and a lot of time. “Liebert is a worldwide corporation, and there are invoices that need approval from all over the country. Consolidating all invoices to be mailed to specific P.O. boxes allows the Accounts Payable staff to digitally route invoices for approval. What in the past took sometimes weeks, now takes only a few days! “We can already see more ways for making the process more efficient. This program is wonderful to work with. Our expectations have been exceeded, and we look forward to many years with DataServ.”

Let’s Start a Conversation

Regardless of where you are at in your AP automation journey, DataServ will meet you there and help you evolve.

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Key Results:

a computer server room

Executive Summary

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Outcomes

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Business Impact

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Thoughts from Spartech

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Let’s Start a Conversation

Regardless of where you are at in your AP automation journey, DataServ will meet you there and help you evolve.