Chemist Warehouse - Accounts Payable Automation

Sales & Marketing
|
June 9, 2021
2 min read

One of Australia’s largest retailers, Chemist Warehouse receives thousands of supplier invoices daily. The discount pharmaceutical company implemented accounts payable automation in 2016 to ensure that invoices were paid correctly and on time. The efficiencies from this business practice have allowed Chemist Warehouse to scale and grow year on year and maximize supplier discounts. Chemist Warehouse sought help from ACMO to stabilize their Tungsten TotalAgility Platform which was experiencing application instability and reaching the end of its version support from Tungsten Automation, formerly Kofax. ACMO was tasked with resolving the exponential amount of invoice exception failures that were occurring, improving the overall system performance, and upgrading from Tungsten TotalAgility v7.3 to v7.7.

About Chemist Warehouse

Chemist Warehouse Group is an Australian business operating a chain of retail pharmacies, proudly owned and operated by Australian registered pharmacists. The company has grown from a single shop in the outer Northern suburbs of Melbourne and is now Australia’s largest pharmacy retailer with over 550 stores and employs over 15,000 staff. The company brands itself as offering discounted prices for pharmaceutical goods. Chemist Warehouse trades in all states and territories and serves over 1.5 million customers and dispenses 1 million+ prescriptions a week.

About ACMO

Based in Sydney, ACMO helps enterprises streamline and simplify their business processes using Intelligent Automation solutions. ACMO is a Silver Tungsten Automation, formerly Kofax Partner in Australia with the technical consulting team having over 30 years of combined Tungsten Automation, formerly Kofax product suite experience. The award-winning company designs and delivers comprehensive automation solutions and provides ongoing support and maintenance to customers all over Australia and New Zealand.

The Solution

The ACMO Service team utilised their proprietary health-check template to identify performance bottlenecks and create a plan to stabilise and upgrade the platform with minimum disruption. The agile development practices helped the team to handle changing priorities and action items that were important to the customer. The system upgrade involved setting up a non-production environment, API updates, and end-to-end integration testing to ensure all went well in production. New processes and workflows were introduced to perform routine housekeeping, handle exceptions proactively, and automatically communicate any issues that require attention.

You might want to know Switching from Manual to Accounts Payable Automation

The Results

Chemist Warehouse can now process their 20,000+ invoices a day using a stable, fast, and efficient system. By addressing the exception workflow and the manual error rate monitoring, Chemist Warehouse is now confident for on-time supplier payments.

“We’ve succeeded in accelerating our invoice approval process and can keep in line with the amount of processing needed from the rapid expanse of all our new retail stores. Based on the success and expert support from ACMO, we can confidently look at expanding automation to other parts of the business”, explains Mark Finocchiaro Managing Partner and Director of Chemist Warehouse. “The upgrade and new automation workflows will allow us to stay ahead of the competition. It has given us a 90% reduction in errors, improved performance, cost savings, and enhanced productivity.”

Download a copy of the case study here

Chemist Warehouse - Accounts Payable Automation

Sales & Marketing
|
June 9, 2021
2 min read

One of Australia’s largest retailers, Chemist Warehouse receives thousands of supplier invoices daily. The discount pharmaceutical company implemented accounts payable automation in 2016 to ensure that invoices were paid correctly and on time. The efficiencies from this business practice have allowed Chemist Warehouse to scale and grow year on year and maximize supplier discounts. Chemist Warehouse sought help from ACMO to stabilize their Tungsten TotalAgility Platform which was experiencing application instability and reaching the end of its version support from Tungsten Automation, formerly Kofax. ACMO was tasked with resolving the exponential amount of invoice exception failures that were occurring, improving the overall system performance, and upgrading from Tungsten TotalAgility v7.3 to v7.7.

About Chemist Warehouse

Chemist Warehouse Group is an Australian business operating a chain of retail pharmacies, proudly owned and operated by Australian registered pharmacists. The company has grown from a single shop in the outer Northern suburbs of Melbourne and is now Australia’s largest pharmacy retailer with over 550 stores and employs over 15,000 staff. The company brands itself as offering discounted prices for pharmaceutical goods. Chemist Warehouse trades in all states and territories and serves over 1.5 million customers and dispenses 1 million+ prescriptions a week.

About ACMO

Based in Sydney, ACMO helps enterprises streamline and simplify their business processes using Intelligent Automation solutions. ACMO is a Silver Tungsten Automation, formerly Kofax Partner in Australia with the technical consulting team having over 30 years of combined Tungsten Automation, formerly Kofax product suite experience. The award-winning company designs and delivers comprehensive automation solutions and provides ongoing support and maintenance to customers all over Australia and New Zealand.

The Solution

The ACMO Service team utilised their proprietary health-check template to identify performance bottlenecks and create a plan to stabilise and upgrade the platform with minimum disruption. The agile development practices helped the team to handle changing priorities and action items that were important to the customer. The system upgrade involved setting up a non-production environment, API updates, and end-to-end integration testing to ensure all went well in production. New processes and workflows were introduced to perform routine housekeeping, handle exceptions proactively, and automatically communicate any issues that require attention.

You might want to know Switching from Manual to Accounts Payable Automation

The Results

Chemist Warehouse can now process their 20,000+ invoices a day using a stable, fast, and efficient system. By addressing the exception workflow and the manual error rate monitoring, Chemist Warehouse is now confident for on-time supplier payments.

“We’ve succeeded in accelerating our invoice approval process and can keep in line with the amount of processing needed from the rapid expanse of all our new retail stores. Based on the success and expert support from ACMO, we can confidently look at expanding automation to other parts of the business”, explains Mark Finocchiaro Managing Partner and Director of Chemist Warehouse. “The upgrade and new automation workflows will allow us to stay ahead of the competition. It has given us a 90% reduction in errors, improved performance, cost savings, and enhanced productivity.”

Download a copy of the case study here

Here is our comparison chart of the top 6 eSignature software solutions in 2022

Annual Cost per user $AU
Number of users allowed
Signing packages/year
In-person eSignature
Reusable Templates/drag and drop editor
Collect Payments
Automatic reminders & notifcations
Bulk Send
On-premise deployment
Cloud deployment
Hybrid deployment
Signature biometrics
Multiple input fields
Guided Signing
Delegate Signing
Stage Signing
Fully Customizable Signing Workflows
100% Personalised Branding
Custom Settings/ user rolls
Multifactor authentication
Mobile app
Enterprise-grade security
Free Trial available
API integrations
Audit trail
Supported Languages
US ESIGN, HIPAA
GDPR, eIDAS compliant
Upload documents as part of signing (photos)
Personal
Standard
Business Pro
Advanced
$168
$408
$660
Custom Quote
1
5
5
Custom Quote
60 (5/month)
100
100
Custom Quote
X
V
V
V
Y
Y
Y
Y
N
N
100
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
N
N
Y
Y
Y
Y
N
N
N
N
Info N/A
Info N/A
Info N/A
Validate signer fields
in real-time
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
N
N
N
Y
Y
Y
N
N
N
N
N
N
Y
Y
Y
Y
Y
Y
SOC 2Type II
Y
Y
Y
Y
N
N
N
N
Y
Y
Y
Y
44
44
44
44
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
Professional
Enterprise
$336
Custom Quote
Unlimited
Unlimited
250
Custom Quote
Y
Y
Y
Y
N
N
Y
Y
Y
Y
Y
Y
Y
Y
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
Y
N
Y
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
43
43
Y
Y
Y
Y
Y
Y
Essentials
Standard
Premium
$291
$970
Custom Quote
1
2 or more
5 or custom
Unlimited
Unlimited
Unlimited
N
Y
Y
5 templates
15 templates
Y
N
N
N
Y
Y
Y
N
Y
Y
N
N
N
Y
Y
Y
N
N
N
N
N
N
Y
Y
Y
Y
Y
Y
N
Y
Y
N
Y
Y
N
N
Y
N
Y
Y
N
Y
Y
Y
Y
Y
Y
Y
Y
SOC 2 Type II ISO 27001
SOC 2 Type II ISO 27001
SOC 2 Type II ISO 27001
Y
Y
Y
Y
Y
Y
Y
Y
Y
22
22
22
N
Y
Y
Y
Y
Y
N
Y
Y
Free
Essentials
Business
Enterprise
Free
$335
$864
Custom Quote
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
N
N
N
N
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
N
N
Y
Y
Y
Y
N
N
N
N
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
N
Y
N
N
N
N
Y
Y
Y
Y
SOC 2 Type II
SOC 2 Type II
SOC 2 Type II
SOC 2 Type II
Free
Y
Y
Y
N
N
N
Y
N
Y
Y
Y
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Y
Y
Y
Y
Info N/A
Info N/A
Info N/A
Info N/A
Business
Premium
Enterprise
Cloud
$141
$264
$529
$894
10
10
10
10
Unlimited
Unlimited
Unlimited
Unlimited
1
2+
2+
2+
Y
Y
Y
Y
N
N
Info N/A
Info N/A
N
Y
Y
Y
N
Y
Y
Y
N
N
N
N
Y
Y
Y
Y
N
N
N
N
N
N
N
N
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
N
N
Y
Y
Y
Y
Info N/A
Info N/A
Info N/A
Info N/A
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
Standard
Pro
Acrobat Sign
$264
$418
Custom Quote
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Y
Y
Y
Y
Y
Y
N
Y
Y
Y
Y
Y
N
Y
Y
N
N
N
Y
Y
Y
N
N
N
N
N
India Only (Aadhar)
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
Y
Y
Y
Y
Y
N
Y
Y
N
Y
Y
N
N
Y
Y
Y
Y
N
N
Y
Y
Y
Y
N
N
Y
Y
Y
Y
34
34
34
Y
Y
Y
Y
Y
Y
N
N
N

Try before you buy

Using our handy comparison chat you can now see the cost-to-feature breakdown of the top 6 e-Signature providers. All these providers offer a free trial of their software, so it’s worth doing some personal investigation and trying out the software yourself. ACMO offer a free 7-day trial of Kofax SignDoc via our Signmore solution.

Understand How is ACMO helping businesses accomplish more with intelligent automation

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