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Quadient Collaborates with Lush Cosmetics to Transform Accounts Payable Operations with its AP Automation Software
Globenewswire· 2026-03-31 06:30
Core Insights - Quadient's Accounts Payable (AP) automation software has been selected by Lush UK to modernize and streamline its finance operations, enhancing efficiency and control [1][5]. Group 1: Implementation and Benefits - Lush UK processes over 4,000 supplier invoices monthly and has simplified its invoice processing by implementing Quadient's AP automation software as part of its Xero standardization [2][5]. - The integration of Quadient AP with Xero consolidates multiple legacy tools, enabling invoice capture, validation, approval, and posting within a single platform, which includes features like PO matching and automated data extraction [3][4]. - The implementation has reduced non-purchase-order invoice processing time from 10 minutes to 4 minutes, while purchase-order invoice processing now takes only 2 to 3 minutes due to automated approvals [5]. Group 2: Operational Efficiency - Prior to Quadient AP, Lush relied on a fragmented approach with various invoice processing systems, leading to inefficiencies and delays in invoice processing [4]. - The new system supports Lush's management of Goods Received Not Invoiced (GRNI) reporting, enhancing governance across finance operations and reducing manual intervention [6]. - Quadient's automation allows finance teams to track invoices more easily and move towards a more intelligent, automated accounts payable workflow, thereby improving overall efficiency and scalability [7]. Group 3: Company Overview - Quadient designs AI-driven automation solutions for business communications, empowering over 350,000 customers to manage communications effectively [8]. - The company is listed on Euronext Paris and is part of the CAC Mid & Small and CAC Technology indices [8].
Quadient Recognized as a Leader in Accounts Payable Automation by Independent Analyst Firm
GlobeNewswire News Room· 2025-09-03 16:00
Core Insights - Quadient has been recognized as a Technology Leader in the SPARK Matrix™: Accounts Payable Automation, 2025 report for the third consecutive year, highlighting its strong position in the accounts payable automation market [1][2]. Company Performance - Quadient achieved a top five ranking in the SPARK Matrix for accounts payable automation, showcasing its ability to transform incoming invoices into structured data, which enhances processing efficiency and integration with financial systems [2][3]. - The company's AP solution streamlines the entire accounts payable process, utilizing AI-powered data entry to reduce costs and provide real-time visibility into AP spending [2][3]. Product Features - A notable feature of Quadient's AP solution is its robust multilingual capability, which supports global operations and enhances compliance across multinational AP processes [3]. - The solution also offers flexible multi-currency and cross-border payment options, real-time analytics, and seamless ERP integrations, contributing to operational efficiency [3]. Company Commitment - Quadient emphasizes its commitment to innovative financial automation that leverages AI while maintaining a focus on user experience, as stated by the Chief Solution Officer [4]. - The company aims to provide essential financial insights without the need for extensive manual data retrieval, enhancing user accessibility to critical information [4]. Industry Context - QKS Group, the organization behind the SPARK Matrix report, is a leading global advisory and research firm that supports technology innovators and adopters in their growth and digital transformation journeys [5].
Quadient Recognized as a Leader in Accounts Payable Automation by Independent Analyst Firm
Globenewswire· 2025-09-03 16:00
Core Insights - Quadient has been recognized as a Technology Leader in the SPARK Matrix™: Accounts Payable Automation, 2025 report for the third consecutive year, highlighting its strong position in the accounts payable automation market [1][2]. Company Performance - Quadient received a top five ranking in the SPARK Matrix for its ability to transform incoming invoices into structured data, which facilitates efficient processing and integration with financial systems [2]. - The company's AP solution streamlines the entire accounts payable process, leveraging AI for data entry, providing real-time visibility into AP spend, and automating approval workflows [2][3]. Technological Features - A notable feature of Quadient's solution is its robust multilingual capability, which supports global operations and enhances compliance across multinational AP processes [3]. - The platform offers flexible multi-currency and cross-border payment options, real-time analytics, and seamless ERP integrations, contributing to operational efficiency [3]. Customer Engagement - Quadient emphasizes its commitment to customer success through personalized engagement and has received exceptional ratings in customer impact and technological excellence [3]. - The recognition from QKS Group underscores Quadient's focus on delivering innovative financial automation solutions that prioritize user experience [4]. Company Background - Quadient is a global automation platform that supports businesses in their digital transformation and operational efficiency, listed on Euronext Paris and part of the CAC® Mid & Small and EnterNext® Tech 40 indices [6].