AP automation allowed NET Centers to focus resources on mission-critical activities
Welcome to The River!
Northeast Treatment (NET) Centers is a Philadelphia-based non-profit that provides trauma-informed health and social services to more than 10,000 clients a year across 15 locations. After nearly 50 years in operation, the organization realized that as it was growing, its unsustainable workflows around expense reporting and vendor invoices were severely limiting operational agility. Robert Ferrandino, NET Centers' Controller, gives an example: “We had employees from field offices that would drive to the main office to submit physical paper expense reports, then expense the mileage from that trip. But also, they were spending time that could’ve been used for more programmatic services."
In this panel-based webinar with CFO.com, learn how Chrome River's suite of automated solutions allowed NET Centers to eliminate bottlenecks, improve financial visibility, and reduce waste across the organization. Hear about the benefits they experienced:
- mobile expense submission through an intuitive user interface for more productive business travelers
- automation of manual tasks in expense/invoice processing, resulting in prompt reimbursement and vendor payment
- transparency due to centralization of data, enabling visibility into payment reimbursement status, better financial reporting, and improved donor/investor relations
- real-time insights to inform proactive decision-making and negotiation of discounts or more favorable payment terms
- the ability to configure policy rules, approval processes, and user notifications into a solution that will adapt to the organization's future needs
Every unnecessary dollar and every minute spent on tedious, manual back-office processes represents resources that could be channeled into accomplishing your core mission. NET Centers realized it could minimize administrative work and create a leaner operation with modern expense and invoice management. Use the form on the right to download the recording. Be sure to share it with your colleagues so your organization can understand the possibilities and you'll come back saying Take Me to The River.
Chrome River provides expense and invoice automation solutions that let business flow for more than 1,000 organizations worldwide. The company’s easy-to-use, enterprise-scale solutions enable future-readiness for its customers. As a result of this focus on innovation, Chrome River is rated as a Leader in expense management by analyst firm IDC. Chrome River’s commitment to delivering a superior customer journey by creating long-term value for its customers, makes it a preferred choice of CFOs, CIOs, AP teams, travel managers and business travelers. Details on Chrome River’s customers can be found on the company’s web site.
More than 2 million business travelers around the world trust Chrome River. To learn more, contact Chrome River at 888-781-0088, or visit chromeriver.com and its social pages on LinkedIn, Facebook, Twitter, and Instagram.
Our firm saved over 1 million dollars in travel expenditures [last year] as a result of implementing the Chrome River Expense Pre-Approval process.
It is taking us just one quarter of the time to manage the expense process as it used to.
Chrome River takes all the guess work out, forces the user to be crystal clear on where they put their money and allows us to effortlessly reimburse them.