“User friendly and able to navigate through all the invoices and downloads in a most efficient manner. Greatest AP system ever invented. I love it. Way better than SAP. No more e-mailing the store managers for approval. No more printing of the invoices and entering in Sage. The benefit of this system is that it is so efficient in the processing of daily High Volume invoices. I also want to add how great it is to for coding, you can save the GL code to a vendor and when reviewing before an upload to the accounting system, you are able to change it if required. It has made my job so much better.”
– Jackie Simancas, AP Coordinator at QSR Group Inc.
QSR Group Inc. grew from 33 locations across two brands to 55 locations in the past two years. Their 5 year goal is to grow to 100 locations and are on track to achieving their goals. Operating a few stores is manageable from an invoice processing perspective but when you are a multi-unit and multi-brand operator it’s a whole new ball game. It is typical for multi-unit operators to stick with existing processes way longer than needed due to the fear of change. What most operators find after they switch to an automated process is that they regret not doing it sooner.
QSR Group Inc. needed a solution that not only saved them time and money with their current restaurants but also gave them the ability to scale as they grow their restaurant count. Factura.ai surpassed their expectations of how seamless the accounts payable process can be, how much more productive their AP department is and now, they do not have to add additional resources to process more invoices as they grow.
Ultimately, of course, there’s a bottom-line implication as well. And according to Samantha Reid Accounting Supervisor, “factura.ai has reduced our accounts payable administrative work by ~90% and has improved the time we close our monthly books. We are so happy we moved to an automated AP platform. It’s also a proven foundation for how we manage operations and continue to improve for the future.”