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Case Study Isaac Construction Accounts Payable Automation

When reputation matters,


Accounts Payable Automation
is the answer.
As a company which prides itself on paying on time,
Isaac Construction was facing new challenges in
handling its Accounts Payable processes effectively
Following an acquisition of a Blenheim-based The entire project has been 'a pleasure'.
Construction business. After looking to Fuji Xerox You don’t hear that about many
New Zealand and the Esker Accounts Payable implementations. But Fuji Xerox has
automation solution, Isaac Construction today shown that when you get all the right
easily and accurately handles thousands of invoices
people in at the start, and you have a
every month, while enjoying complete visibility
across its expanded operations. clear idea of what needs to be done, an
enterprise software project doesn’t have
to be a headache.
Arlee Folkers, Group CFO,
Isaac Construction
Christchurch-based Isaac Construction SITUATION SOLUTION
has earned a reputation for excellence
by making sure everything it does is at Even prior to the acquisition, Isaac After testing the market for potential
the highest possible level of quality. Construction’s Accounts Payable team solutions, Folkers engaged Fuji Xerox
Employing a team of more than 300 were a busy pair, often spending time New Zealand for the implementation of
specialists, the company delivers a wide chasing documents explains Group CFO Esker’s leading Accounts Payable
range of services, including construction, Arlee Folkers. “One of the many problems automation software. The implementation
surfacing, bitumen products, transport, with paper is you send it for authorisation, process started with several
quarrying and professional contract and it sits on someone’s desk. Another is presentations and then a workshop.
management services. Isaac Construction that people aren’t always sure where “This proved invaluable and you could tell
recently acquired Blenheim’s Simcox invoices should go, so they get passed Fuji Xerox had done many of these
Construction, adding a further 80 staff from person to person and can slip deployments in the past. They involved
members active in civil construction, through the cracks.” everyone who would be touched by
infrastructure works and earthmoving. Accounts Payable automation – and they
While understandable and a practical
sequenced it very well, so people weren’t
reality in a company handling more
in the room unless necessary.”
than two thousand invoices every
month, these situations are at odds with Attendees included a project manager a
Isaac Construction’s policy of paying its technical specialist and account manager
suppliers on time. “We’ve always done from Fuji Xerox, Isaac’s Accounts Payable
our best to pay on time. It’s reputational; employees, the company accountant, a
when you get it right, people like to work representative for the Nimbus Enterprise
for you - but paper has its limitations,” Resource Planning solution used by the
Folkers notes. business and an IT specialist.

Upon the purchase of Simcox


Construction, those limitations of paper
became painfully clear as increased
volume exacerbated the situation.
“This really compounded the problem
as Blenheim is a remote office and we
had no way of seeing what was
happening in the procurement cycle.
There were also differences in our
Accounts Payable processes which were
proving challenging for staff members,”
Folkers says.
Having managed multiple enterprise RESULTS The visibility and workflow delivered by
software projects throughout her career, Esker also ensures Isaac Construction
Folkers also brought in an external With Esker, suppliers are required to maintains its reputation with suppliers at
project manager for added oversight. send all invoices to a dedicated its Christchurch and Blenheim operations.
“The thoroughness of the preparation, Isaac Construction inbox which is "We’ve gone from ‘two and a half’
including seeing how all the various auto-forwarded to Esker. The Esker people focused on Accounts Payable,
systems talk to one another, set the system ingests them, routes to the down to two. And they now have room
scene for what was the best right people for approval, and then to breathe,” says Folkers.
implementation I’ve ever been involved schedules payment in accordance
with vendor terms. She describes the entire project as
in,” she enthuses.
‘a pleasure’. “You don’t hear that about
This was helpful, Folkers adds, because Because the entire system is electronic, many implementations, but Fuji Xerox
her Accounts Payable staff members paper is all but eliminated. has shown that when you get all the
were eager to get the solution in, having Most importantly, Folkers says right people in at the start, and you
been at the forefront of inadequate Isaac Construction now enjoys have a clear idea of what needs to be
paper processes. “They were complete visibility across the Accounts done, an enterprise software project
experiencing frustration and continual Payable process. “If someone rings about doesn’t have to be a headache.”
problems which had them feeling like their invoice, we can answer immediately Best of all? “I know I’ll never have to look
they weren’t on top of the job.” because we can see it, when and to for an invoice again.”
The exercise kicked off in February 2019 whom it’s been submitted, as well as
and the project went live in July 2019. where it is in the process. And once an
invoice is in our system, we can track
every single one with absolute ease.”

As a cloud solution, and with a


mobile app, Esker also allows Accounts
Payable and other staff who need to
approve invoices, to check and review
from anywhere. “We’ve also noticed
intelligence in the Esker system.
Esker has accelerated our For example, a client’s bank account
Accounts Payable process and changed but they didn’t notify us.
Esker picked it up, though, and sent an
it has relieved the pressure on alert so we could verify the legitimacy
staff members who were of the change.”
pushed to the limit.
AT A GLANCE F UJ I X E R O X E N T E R P R I S E C O N S U LT I N G

Organisation: Information exchange is at the heart of every business. But is yours


optimised, digitised and efficient? Fuji Xerox Enterprise Consulting is
Isaac Construction
the specialist in creating automated document data flows that
www.isaac.co.nz
accelerate your processes and streamline your business. Our team
offers a proven track record backed by leading technologies for
Industry:
Accounts Payable automation, Data Capture and transformation,
Civil Construction Enterprise Content Management, Robotic Process Automation and
more. We’ve helped some of New Zealand’s top companies and
Challenges faced: processes. Imagine what we can do for you. Learn more about our
tailored approach at
• Accounts Payable processing largely relied on paper-based
www.betterbusiness.fujixerox.co.nz
approval
• Time consuming data keying Founded in 1962, Fuji Xerox Co., Ltd. is a leading company in the
Document Services & Communications field, offering solutions
• Double handling of documents
and services to help customers resolve their business challenges.
• Manual exception handling Fuji Xerox is a 75-25 joint venture between FUJIFILM Holdings
• Lack of visibility in invoice processing Corporation and Xerox Limited, and its direct sales force covers
• Inability to route invoices for approval Japan and the Asia-Pacific region including China. We employ more
than 47,300 people globally, with more than 80 domestic and
Solution: overseas affiliates / sales subsidiaries.

• Esker Accounts Payable automation solution that integrates with


Nimbus Enterprise Resource Planning system

Outcomes: Fuji Xerox New Zealand Ltd


79 Carlton Gore Road, Newmarket,
• Eliminate paper in the Accounts Payable process
Auckland 1023
• Visibility of status of invoices
0800 4 XEROX (0800 493 769)
• Real-time budget control and alerts
www.fujixerox.co.nz
• Complete process audit trail and KPI management www.betterbusiness.fujixerox.co.nz
• Web-based and mobile interfaces for geographically spread
business users Xerox, Xerox and Design, as well as Fuji Xerox and Design are
registered trademarks or trademarks of Xerox Corporation in
• Reduced resources to process invoices from “two and a half Japan and/or other countries.
people” down to two

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