Magnox Limited streamlines and automates invoice processing with Proactis

WETHERBY, England–(BUSINESS WIRE)–Proactis, the global spend management and B2B eCommerce company, today
announced that Magnox Limited, the management and operations contractor
responsible for safely managing 12 nuclear sites in the UK, is using the Proactis
Invoice Capture Managed Service
to drive process efficiency and cost
reduction within invoice processing.

Magnox, owned by Cavendish Fluor Partnership, previously relied on
manual paper handling and invoice entry. This time-consuming process has
been replaced by a fully automated solution. All invoices are now
captured and sent via Proactis to its ERP solution, Unit4 Business World
On!. Invoices, regardless of their format, paper or electronic, are
handled directly by the Invoice
Capture Managed Service
, removing the need to scan and key-in
invoice data.

If a PDF invoice is sent by email, this is automatically imported –
“intelligent” data capture extracts key, defined invoice values and
cleanses them for accuracy. When an invoice is not compliant, such as
missing or invalid values, Magnox resolves the issue through the
web-based query desk, which includes the ability to engage suppliers
directly to assist with the resolution. This dedicated process is
critical to driving a structured resolution to query invoices.

Carl Jenner of Magnox states: “The Proactis service means we no longer
need to handle incoming invoices, irrespective of how they are sent, or
the manual entry of information. This frees up staff to focus on more
value-add activities and the web based query capability drives further
efficiencies for us. The ability to view it from our existing Unit4
system ensures we have instant access to each invoice as we need it and
we have welcomed the knowledge and expertise from Proactis, especially
as a strategic partner of Unit4.”

The control that comes with automatically capturing, scanning and
importing invoices improves the resolution of non-compliant invoices and
drives transparency throughout the process, and significantly reduces
wasted time and money previously spent on discrepancies.

Magnox is also adopting further solutions from Proactis to assist with
the entire Source-to-Pay
process. The Procurement team has selected solutions for supplier
management, sourcing as well as the electronic marketplace, all
integrating seamlessly with Business World On!, helping both Procurement
and Finance drive optimum efficiency and effectiveness across the entire
organisation.

About Proactis
Proactis
helps organisations around the world to operate faster, leaner, smarter
by rethinking the way they do commerce to thrive in the digital economy.
We enable both buyers and sellers to eliminate wasted time, money and
talent by transforming the way they buy and sell goods and services,
while eliminating risk.

Proactis solutions are used daily by over 3 million people in 100+
countries, serving 1,000 enterprise clients. Our integrated spend
management solutions streamline every aspect of buying and paying for
all types of goods and services, while our integrated digital marketing,
selling and invoicing solutions streamline B2B sales processes.

proactis.com

Contacts

Proactis
Chris Ridley
Chris.ridley@proactis.com
+44
(0)1937 545070