Ariat is a premium performance brand with the goal of making the highest quality footwear and apparel for the world’s top equestrian athletes. Founded on technology and innovation, the company manufacture boots in the United States, Mexico, Asia, and Europe.
Stratas implemented a Purchase to Pay automation solution for Ariat which has transformed the way they process and approve invoices.
The Start of the Journey
Ariat started looking into P2P automation as they wanted to eliminate manual invoice processing and increase the visibility of financial processes within accounts payable. Initially, the process was manual and paper-based. Additionally, physical invoices were being kept in storage boxes. As a result, this was a time-consuming way of working.
The Benefits of Purchase to Pay Automation for Apparel Retailers
Invoice scanning is now automatic. Therefore, the accounts payable team at Ariat are now able to process invoices quickly and efficiently within Data Forge P2P. This has saved the business a significant amount of time and enabled the team to focus on more valuable tasks.
There is no longer a requirement for physical archiving of invoices, as every invoice is digitised within the system. This means that the Ariat team now have a full audit trail of who has authorised invoices, which can be easily searched in the event of an audit.
“Our accounts payable department is nearly paperless due to Data Forge.”Jo Carter, Accounts Payable, Ariat
Improvements in Productivity
Since implementing the solution, the entire process for managing supplier invoices has been streamlined. As a result, this has made the job easier for day-to-day users. Additionally, it has positively impacted the wider business as managers find it very easy to authorise invoices within the system. This has cut the cycle time substantially.
“My job within accounts payable is a lot easier and more streamlined.”Jo Carter, Accounts Payable, Ariat
Managing Invoices Remotely
Having Data Forge P2P in place ensured that Ariat was well equipped for remote working. This is because everyone in the team has access to the invoices they need to manage and approve from anywhere, as long as they have an internet connection.
“We would not have been able to work remotely if we did not have the Data Forge P2P system in place.”Jo Carter, Accounts Payable
“The support we have received from Stratas is very good. The team are always there to clear up any queries we may have. Overall, I would most definitely recommend this solution to other companies.”
Learn more about Ariat.