Case Study – Stacks Pharmacy
Stacks Pharmacy Group Embraces Seamless SmartOffice AP Automated Accounts Payable Processing
Founded in 2000 by owner and managing director Ade Stack (MPSI), Stacks Pharmacy Group has grown exponentially. The company now incorporates seventeen pharmacy outlets located across Ireland, as well as Care Home Services, which serves the Irish nursing care sector with quality medication management services. Since its foundation, Stacks has been driven by the founder’s vision of quality, friendliness, and trust — not only to the customers her pharmacies serve, but also to the suppliers with whom her organisation engages.
Coping with 7,000 Invoices Every Month
Smart Office AP Automated Accounts Payable Processing
The Outcome (streamlining)
Streamlining the AP Process with 24/7 Visibility
Stacks Pharmacy Group, as well as its suppliers, have benefited significantly from automated accounts payable processing. Because AP workflows are fully automated, the Group’s accounts payable officer can spend more time examining pricing in detail, ensuring that invoices are accurate and that supplier payments are made within agreed terms.
The Group has reduced its physical handling of 7,000 paper invoices per month down to almost nil. Because the time-consuming chore of handling paper invoices has been reduced, the time it takes to manage accounts payable has also been reduced. The Group also saves on physical paperwork storage because it is no longer required.