Ahold Delhaize is a Dutch multinational company and one of the world’s largest food retail groups. Its name comes from a fusion between Ahold (Dutch) and Delhaize (Belgian). Its business format includes supermarkets, convenience stores, hypermarkets, online grocery, online non-food, drugstores, and liquor stores. Its 21 local brands employ around 410,000 associates in around 7,137 local grocery, small format and specialty stores.
Our challenge
Improvements for Ahold Delhaize
We can divide our points of improvement for Ahold Delhaize into 4 categories:
- Poor vendor relations
- Excessive cost per invoice
- Difficulty in preparing accruals
- Fragmented and inefficient
- Paper-based and labor-intensive
- Lack of standardization
- Inadequate AP process control (compliance risk)
- Limited visibility of liabilities
- No insight into process bottlenecks
- Fragmented stand-alone systems
- No workflow or data management
- No integration with General Ledger or Accounts Receivables
Let’s get to work!
Our recipe for success
We gave them our best tools to overcome the obstacles they were facing.
SAP Invoice Management by OpenText helps streamline invoices, order confirmations, and delivery notes. It accelerate processes and leverage machine learning while increase visibility and boost productivity. It also enhances control over financial processes.
OpenText Capture Center uses the most advanced document and character recognition capabilities available to turn documents into machine-readable information. Capture Center captures the data “stored” in scanned images and faxes and interprets it using OCR, ICR, IDR, adaptive reading, and other technologies. As a result, Capture Center reduces manual keying and paper handling, accelerates business processing, improves data quality, and saves you money.
OpenText Archive Center is a highly scalable, multi-tenant archive helping organizations manage the explosion of unstructured data (eg. email and files) while ensuring it is cost effectively and securely stored in the cloud, on premise or as a hybrid
OpenTextT Imaging Enterprise Scan is a perfect IT solution for organizations wanting to capitalize on the business value of converting paper documents to electronic format. By automating the entire capture-to-storage process from scanners, fax, e-mail and other sources, it helps enterprises:
The result
As well as Ahold Delhaize as we are very happy with the result. We ended up with:
- Streamline accounts payable operations
- Reduce costs and improve productivity
- Financial process management
- Gain visibility
- Increasing cash flow
- Timely and accurate financial reporting
- Compliance
