Wenger Manufacturing, a global leader in extrusion cooking systems, has provided complete process solutions for plant-based proteins, pet foods, and aquatic feed for more than 80 years. The company is committed to ground-breaking innovation. With this legacy and heritage, it was natural for the company to challenge the status quo within their own Accounts Payable (AP) department when frustrations started to boil over.
100 Reasons to Automate Accounts Payable
Each week, Wenger’s AP staff cut approximately 100 checks in a totally manual process. That was 100 checks to approve, 100 checks to print, 100 checks to sign, 100 checks to place in envelopes, 100 checks to add postage and mail weekly.
Of greater importance, it was 100 payments that could be delayed in the postal service, which was happening more and more frequently. It was 100 envelopes that could be lost, which meant that the entire process had to be repeated. And it was 100 checks that could be intercepted by fraudsters, and those had been, thankfully, caught on more than one occasion before damage could be done.
Mitchell Allen, Controller at Wenger Manufacturing, said that “replacing our manual AP activities with an automated process was paramount, as was moving as many of our customers as possible to electronic payment methods. We wanted to get away from checks as much as we could because of the time and the risks involved.”
