AP Automation for Renewable Energy
Many renewable energy companies struggle with manual processes that slow down cycle times and create bottlenecks in the accounts payable process.
This case study is about an integrated solar company that develops and owns solar and storage projects. Cypress Creek is the fourth largest utility-scale O&M provider in the US, and implemented Rillion for accounts payable automation.
Rillion offers AP automation in the Cloud with invoice processing, mobile approval workflows, complex PO matching and a searchable, time-stamped audit trail.
Eliminate manual data entry, reduce repetitive and time-consuming tasks and speed up your approval workflow. Avoid late payments and keep good relationships with suppliers.
A fully automated AP process can offer dramatic improvements. It lets the finance department focus on strategic tasks such as profitability analysis and increasing vendor loyalty.
– how it works
This case study is about an integrated solar company that develops and owns solar and storage projects. Cypress Creek is the fourth largest utility-scale O&M provider in the US, and implemented Rillion for accounts payable automation.
Many renewable energy companies struggle with manual processes that slow down cycle times and create bottlenecks in the accounts payable process. This paper highlights solutions that reduce manual work, increase visibility and transparency, and optimize accounts payable processes for a leading renewable energy organization.
Rillion grows with your business, with a modular approach that meets all your AP requirements. Talk with one of our experts to get the best solution for your organization.
Both paper and emailed invoice data is automatically entered and captured by the system.
The system automatically sends out reminders to approvers with pending invoices.
Invoices are automatically sent to the proper approver, according to your pre-set rules.
The matching engine automatically matches invoices to POs, saving you a tremendous amount of time and manual effort.
Rillion integrates with popular ERPs. Our success team will get you up and running with your accounting system.
Using artificial intelligence and capture automation, data is intuitively extracted from both paper and emailed invoices with 95% accuracy rates for paper and a 100% accuracy rate for electronic formats.
Rillion automatically sends invoices to the proper approver, according to pre-set rules. If needed, you can add approvers to an existing workflow and ad-hoc routing is possible.
Match vendor invoices to internal or external purchase orders and goods receipts. Our Cascading Matching engine automatically matches hundreds of lines – saving you time and money.
A step-by-step history of invoice transactions is recorded, including communications between internal staff and suppliers. Rillion creates a complete searchable invoice archive for reference and auditing purposes.
"I like that with Rillion you see a pie chart of the expenses. So each month I can see that at a quick glance."
Nikki Milian | Smiles First
"What Rillion provides is great for what I need, and it has all the tools that I need in order to process all invoices and get them approved in line with my project managers and my account payables."
Adrian Galvin | VMG Construction
"We manage nearly 300 solar sites. Each solar farm is its own company, and each installation has its own tax implications with our investors. We’re using Rillion for the audit function, to handle enquiries for all of these accounts."
Gerry Trejo | Cypress Creek
"We searched for a flexible purchase-to-pay solution that could help us control purchasing, and secure supplier loyalty, that would also live up to our internal authorization framework."
Eva Petré-Rege | Coor Service Management
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Rillion provides accounts payable automation (AP Automation) to satisfied organizations in over 50 countries worldwide. With high ratings for ease of use and great support, 96% of Rillion customers feel that the platform fulfills expectations, and 95% consider Rillion to be a worthwhile investment.
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"With our contracts being matched to vendor invoices for over 300 locations, Rillion has reduced our manual workload and really optimized our AP operations."
Carrie Self CPA | Tacala