Penti is a textile and retail brand managing high-volume procurement and invoice flows across a structure that spans manufacturing to store operations. At this volume, having vendor invoices approved by the right person, in the right order and without delay is decisive for both cash planning and supplier relations.
Conforcus implemented the SAP MM Invoice Approval solution at Penti: incoming invoices are matched to purchase orders and goods receipts, routed to tiered approval by amount and cost centre rules, and every decision is stored on the document with its rationale. Invoices awaiting approval are tracked from a single screen.
Invoice approval moved from e-mail traffic to a traceable SAP process, with a marked reduction in missed payment terms and duplicate invoice risk.