Morgan Lewis gained 100% spend visibility across 31 offices
Welcome to The River!
Manual, paper-based AP processes are a recipe for late expense reports, lost invoices, and an incomplete view of spend. Morgan Lewis, an international law firm with 31 offices across 3 continents, even grappled with damaged vendor relationships and write-offs from invoices that were missing at period- and quarter-close. At 70,000+ invoices and 50,000+ expense reports each year, their manual, paper-based workflows were simply "chaotic."
If your organization struggles with long, labor-intensive approval cycles and lack of visibility into global spend, you can't miss this Proformative webinar. Learn how Morgan Lewis leveraged Chrome River's expense and invoice management solutions to improve efficiency and visibility in their finance processes.
Todd Guthier, Morgan Lewis' Manager of Accounts Payable and Cash Applications, explains the search for the latest technology to streamline workflows and "take the guesswork out of the approval process." Todd was able to centralize expense reports and supplier invoices into a single system, giving his AP team "100% visibility" into international spend. They reduced processing delays of several weeks and made it possible to "get an invoice approved and completed for payment the same day."Hear all the benefits Morgan Lewis enjoys:
- allowed the AP team and submitters to instantly retrieve the status of reimbursements and supplier payments
- increased visibility into cash flow
- eliminated processes involving paper and inter-office mail
- moved the AP team from data entry tasks to analytical endeavors
- reduced friction by enabling automatic capture of transaction data from invoices submitted by vendors
- used insight into total spend to negotiate supplier discounts
Be sure to share this webinar recording with your colleagues to learn about 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.