Client Information

Customer Barona Group
Branch Work-related multi industry
Area Finland
Business system Microsoft Dynamics NAV
Invoices/year 80 000
Employees 5000
Process automated Invoice processing and Approval workflow

Business Platform reform underway

Pasi Vilhunen, CFO of Bravedo comments the decision to choose Palette’s invoice processing solution. Changes were implemented simultaneously in all companies and financial processes are now centrally managed. Purchase ledger and financial administration of the companies were closed involved in planning the change. The company wanted to be able to concentrate on essentials through automation. All the companies are using invoice automation solution together with Palette’s contract module, which matches recurring invoices directly to contracts without manual intervention.

Now the processes are transparent with tools to manage them and reports are clear. The average circulation time of an invoice has dropped from 16 days to 4 days. The transparency of the process helps to tackle bottle necks, even out workload and steer the actions efficiently. Workload can be monitored on personal level and collection of information for reporting and management is quickly done.

“We needed a solution giving transparency to our financial administration. We used to run our systems with blind eyes but now we are on the track and can react quickly.”

”We were looking for an outright real-time reporting solution because we are searching for internal efficiency. We are now able to optimize our financial administration processes and enhance performance. Our time can be allocated for other duties and through automation the company will collect remarkable savings. The rational for the investment was clear; in the next five years the company will gain savings of hundreds of thousands”.

Bravedo will also implement Palette’s mobile solution allowing invoice processing despite time and location by smartphone, tablet or portable PC. In addition, automation of the accounts payable process will be extended to companies outside Finland, first to Sweden.

“Automatization allows us to concentrate on our work and to further develop it. We strive to be innovative and agile and expect our suppliers to work respectively. Cooperation with Palette has been smooth and we appreciate Palette’s ability to respond to our needs quickly.”

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