Liberty London navigates a digital transformation and continuous improvements with Medius AP Automation
In 1875, Arthur Liberty could never have imagined that his shop would evolve into a world famous brand. Success has not been without challenges, however. In this video you’ll hear how Liberty received immediate benefits with Medius AP Automation and also learned how to fine-tune the solution to create even greater value in the future.
AP Automation success story
Liberty Retail Ltd
— Website: Liberty USA | Designer Department Store Selling Luxury Brands (libertylondon.com)
— Industry: Fashion Retail
— ERP: Infor M3;MS Dynamics AX
— Country: United Kingdom
— Solutions used: Medius Accounts Payable Automation, Procurement
Benefits of Medius AP Automation
— Increased touchless capture to 79%
— Cut invoice processing time from 2 weeks to less than 5 days
— Created 3-way match of invoice to PO and receipt
— Process 35K invoices per year
Liberty Retail Ltd
— Website: Liberty USA | Designer Department Store Selling Luxury Brands (libertylondon.com)
— Industry: Fashion Retail
— ERP: Infor M3;MS Dynamics AX
— Country: United Kingdom
— Solutions used: Medius Accounts Payable Automation, Procurement
Benefits of Medius AP Automation
— Increased touchless capture to 79%
— Cut invoice processing time from 2 weeks to less than 5 days
— Created 3-way match of invoice to PO and receipt
— Process 35K invoices per year
Who is Liberty of London?
A London based retailer of fashion, beauty and home products, Liberty London is a luxury brand known throughout the world.
What was the challenge?
Invoices were received across multiple locations. With a completely manual process, documents were often lost and supplier payments were delayed.
How did we help?
Medius reduced manual intervention and improved visibility across the entire approval process. Analytics provide insights for even more improvements.
Introduce peace-of-mind into your AP processes
The team at Medius made things so easy in terms of getting things done. They came on board asking all the right questions. Gone were the days of walking things around the office.
Ashley Matadeen, Product Owner
Liberty of London
In their words: AP KPIs that matter to Liberty London
Hear how Liberty London improved its invoice processing and achieved a lift in KPIs that are central to their business.