Implementation of Comarch AP/AR Automation at Technicolor

Technicolor, a worldwide technology leader in the Media & Entertainment sector, is at the forefront of digital innovation. Technicolor’s operations are based on three segments namely Technology, Entertainment Services, and Connected Home.

Technicolor has been contributing to the development of video technologies and services for one hundred years. The company now occupies leading positions worldwide in the supply of digital production, postproduction and distribution solutions and services for a variety of content creators, Pay-TV operators and network service providers. By solving real problems and addressing industry challenges in its operating businesses, the Group builds relevant innovation.

Implemented solution

Comarch AP/AR Automation

An innovative and cost-efficient solution for better control of the entire invoice management process. It decreases the workload associated with manual processing, accelerates the acceptance of documents, and collects data entered at every stage of the process.

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Implementation of Comarch ECM at Technicolor

Business challenges

 

The scale of Technicolor’s international operations resulted in the need to manage large volumes of procure-to-pay processes for which optimization in below areas was expected:

  • Automate registration of incoming financial documents
  • Process tracking
  • Compromised reporting and KPI measurement
  • Integration with ERP solutions
  • Adjustment of workflow to business processes
  • Flexibility in the workflow

Thus, the main goal of Comarch AP/AR Automation implementation was to structure the end-to-end accounts payable process while providing desired automation and user-friendliness. Moreover, Technicolor required robust workflows to exactly reflect their business processes and to eliminate unnecessary emails and phone calls.

 

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