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
“The manual system was cumbersome,” reflects Managing Director Ade Stack. “It is very important to keep our suppliers happy by paying them on-time and within their terms because we respect their efforts, and our customers rely on their products.”
“However, our manual processes could occasionally delay payments, while sometimes allowing inaccurately priced invoices to go unnoticed. I recognised that we needed a more efficient system to streamline our accounts payable process.”
SmartOffice AP Automated Accounts Payable Processing
Streamlining the AP Process with 24/7 Visibility
“With SmartOffice AP, we save 90 percent of the time we had historically spent processing supplier invoices,” the Group Managing Director observes. “The Smart Office application gives me the visibility I require to control my suppliers’ paperwork, while allowing me to know at any moment in time what my outstanding debts are, no matter where in the world the physical invoices are located, or if they’ve been processed or not.