After six years of exporting invoice transactions from Salesforce into Excel and manually entering them into NetSuite, Boomi’s finance team was ready for a change.
While Boomi’s manual approach to invoice management was the best option when the company was young and invoicing volumes were low, such a high-touch system simply wasn’t viable as the company scaled.
To automate subscription invoicing, eliminate manual data entry and speed revenue recognition and cash collection, the company turned to its own integration platform.
With the Boomi Platform, the finance team was able to:
- Reduce time required to audit invoice processes
- Automate processing of 800 invoices per month
- Shorten time to create an invoice from 10 minutes to 1 minute
- Accelerate revenue recognition and cash collection
Now, the billing system operates efficiently and reliably, freeing up team members' time to prepare for the expanding scope of operations that accompany the company’s accelerating growth.