Digitization of the accounts payable workflow at STS Systemtechnik Schänis GmbH

How can a Accounts payable workflow How can an SME efficiently digitize its processes? STS Systemtechnik Schänis GmbH demonstrates how a paper-based invoicing process can be digitized and incoming invoices processed efficiently.

 

A creditors workflow that fits perfectly: SCHÄNIS shows how processes can be digitized pragmatically.

STS Systemtechnik Schänis GmbH has been consistently driving digitalization forward for years. The goal is to simplify administrative processes and use resources more efficiently. A key step in this process was the decision to digitize the existing paper-based workflow for incoming invoices and to implement a suitable accounts payable workflow.

Together with redIT, a streamlined, needs-based solution was developed that integrates seamlessly into the SME's daily operations and creates tangible added value. In this interview, Christoph Gasser, Head of Finance, HR & IT, tells us more about the project.

🏢 STS Systemtechnik Schänis GmbH

The STS Systemtechnik Schänis GmbH Since 1924, SCHÄNIS has been a key partner for the metalworking industry. The company, with approximately 70 employees, combines three core areas – locking technology, fastening technology, and stamping technology – and focuses on quality, reliability, and genuine partnership. As a modern Swiss SME, SCHÄNIS combines long-standing experience with a clear future orientation and sees itself not only as a supplier but also as an equal partner, providing expert advice and support to its customers with innovative ideas.

INITIAL SITUATION

What are your two biggest challenges in the Digitalization & Automation of processes?

Christoph Gasser: “As an SME with a broad product portfolio that must constantly adapt to market needs, we depend on consistently driving digitalization and automation forward. This is the only way we can sustainably digitalize processes like our accounts payable workflow and remain competitive.”

This topic is also relevant for many other SMEs:

Do you want to make your processes in the area of ​​digitalization and automation more efficient? We can help you specifically to optimize and automate your workflows.

👉 More about our offer: Digitalization & Automation

❓ Why did you decide to digitize your incoming invoices and implement a creditors workflow?

Christoph Gasser: "Incoming invoices were the last area in our accounting department that we hadn't yet digitized, and where the invoicing process was still largely manual. The main reason was that the solutions available on the market were far too complex and expensive for our needs. We process a relatively small number of incoming invoices, and all contacts are easily reachable. Nevertheless, we missed the advantages of digital filing and the traceability of the approval processes."

A brief digression – Our accounts payable workflow solution

To ensure that the accounts payable workflow at companies like SCHÄNIS is not only digitized but truly simplified, redIT relies on a streamlined and flexibly adaptable solution. This solution enables the digital capture of incoming invoices, automation of the accounts payable workflow, and efficient management of the entire invoicing process. In this blog post, you'll learn how we digitize your accounts payable workflow and what added value our solution offers. https://redit.ch/productivity-kreditorenworkflow/

Here is an overview of the four most important core functions.

Automated invoice processing
Thanks to automated invoice processing, many manual entries are eliminated, which significantly reduces errors and noticeably speeds up the entire approval process.
Standardized approval processes
Clear and standardized approval processes ensure that invoices are released quickly, transparently and without errors.
AI-based data extraction
AI reads invoice data precisely and in seconds – eliminating manual input and making the entire process significantly more efficient.
Seamless ERP integration
The individual connection to the ERP system allows for direct integration of the accounts payable workflow, resulting in a smooth and automatic data exchange.

IMPLEMENTATION

What did redIT do in implementing the accounts payable workflow, and what did you particularly like about their approach?

Christoph Gasser: "redIT adapted their existing tool to our needs and reduced it to the essential elements for us. Since our ERP system is already very well developed, we were able to limit ourselves to just a few elements."

What challenges arose during the implementation of the accounts payable workflow and how were these solved by redIT?

Christoph Gasser: “Even with the redIT solution, the tool’s functionality was practically too extensive for our needs. We had to find the right scale together and also build mutual understanding. As is often the case in such projects, one or two ideas only emerged during the course of the implementation project.”

BENEFITS & ADDED VALUE

What specific improvements has the accounts payable workflow brought to your process?

  • No longer dependent on paper receipts

  • Processing speed reduced by at least one day

  • The findability of the documents has been massively improved.

  • Accounting workload significantly reduced

Which functions or features of the solution offer you the greatest added value?

Christoph Gasser: "Besides the above, I like the adaptability of the solution. For example, after the initial implementation, we were able to introduce further categories and statuses for the invoices ourselves, which we hadn't originally thought of, but which are now very helpful for special cases."

 

Do you want to simplify your accounts payable workflow and reduce manual effort?
We help you digitize your incoming invoices and automate your accounts payable workflow. 👉 Learn more now Accounts payable workflow erfahren

OUR COOPERATION

What particularly impressed you about the collaboration with redIT?

Christoph Gasser: "From the very beginning, I sensed a genuine desire to address our needs. This included direct and respectful communication with redIT at all times. Furthermore, redIT was very flexible in accommodating requests for adjustments that arose during the course of the project."

How would you describe the collaboration with redIT in three short bullet points – both during the project and beyond? 

Christoph Gasser: 🌟 Customer- and solution-oriented – 🤝 Communication on equal terms – ✅ Reliable

Christoph Gasser, STS Systemtechnik Schänis GmbH

"redIT developed a solution that perfectly met our needs. Despite a few minor adjustments during the project, it remained completely within the agreed timeframe and budget." 

 Christoph Gasser

Head of Finance, Human Resources & IT STS Systemtechnik Schänis GmbH

Interested in this solution?

FAQs about the digitized accounts payable workflow

What is an accounts payable workflow?

An accounts payable workflow describes the process from incoming invoice to posting and payment. Invoices are recorded, checked, approved, and then transferred to the ERP system.

Why should you digitize your accounts payable workflow?

Digitizing the accounts payable workflow reduces manual work, minimizes errors, and creates greater transparency. Processes become faster and more efficient, and the status of every invoice is traceable at any time.

What are the advantages of a digital accounts payable workflow?

A digital accounts payable workflow offers, among other things, the following advantages:

  • Automatic recording and processing of invoices
  • Transparent and structured approval processes
  • Reduced manual effort
  • Higher process speed
  • Improved integration with existing systems

This significantly increases the efficiency of the accounting and the traceability of the processes.

How does a digital accounts payable workflow work?

A digital accounts payable workflow automates the entire process:

  1. Incoming invoices are recorded digitally (e.g. via email or scan).
  2. Invoice data is automatically extracted
  3. Invoices are forwarded for review and approval.
  4. Once approved, they will be automatically transferred to the ERP system.

All steps are transparent and traceable at any time.

What technologies are used to implement the accounts payable workflow?

Our solution is based on Microsoft 365 and the Power Platform, specifically with SharePoint, Power Automate, and Power Apps. This allows the workflow to be flexibly adapted to existing processes. [redit.ch]

Can a creditors workflow be integrated with existing systems?

Yes, a digital accounts payable workflow can be integrated into existing ERP systems. Invoice data is transferred automatically, thus avoiding duplicate data entry.