Customer Success Story: Swinerton Builders has been in business for over a century and knows how to stay modern for ensured longevity. Automating supplier payments with Nvoicepay was the latest tech innovation adopted by Swinerton, resulting in a streamlined accounts payable workflow that ends for the AP team after approvals.
Paula Mortensen, Accounts Payable Manager for Swinerton, identified two main pain points with their current process: suppliers wanted electronic payment options, and Swinerton did not want the liability of maintaining those suppliers' sensitive banking data. Additionally, Swinerton was aware of the fact that they were missing out on rebates from credit card payments. Nvoicepay offered a solution that resolved all of Mortensen's concerns: our comprehensive services collect and securely stores all supplier data, Nvoicepay assumes liability for all payments made with our software, and we're able to make credit card payments in such high volume that we can actually earn revenue from rebates for our customers. For Swinerton, those rebates totaled over $1 million in the first year.
"It is exciting moving forward with the solution and actually getting rebates. Now we're catching up with the times and being able to pay vendors electronically."
Paula Mortensen, AP Manager
Download the PDF to read Swinerton Builders' complete journey from paper checks to automated ePayments with Nvoicepay.