Manufacturing industry: How to streamline accounting in a high-volume, fast-paced environment

A non-stop industry with thousands of documents to manage

The manufacturing industry operates at full speed, every day. With multiple suppliers, production lines, and logistics hubs in motion, financial teams must process a constant stream of paperwork: invoices, delivery notes, purchase orders, and goods receipts — often more than 2,000 documents per month.

These documents are not only numerous, but also complex. They contain technical product details, varied units of measurement, and references that differ by supplier, format, or country. Managing them manually leads to delays, errors, and ultimately, loss of control over operating margins.

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Main financial challenges in the manufacturing sector

1. Matching invoices, delivery notes, and POs

Discrepancies in quantities, SKUs, or pricing are common. Manually validating each document is time-consuming and often results in errors that delay payments and strain supplier relationships.

2. Fragmented documentation across multiple sites

Manufacturers often operate across multiple plants or warehouses. Financial data is decentralized, making it difficult to ensure traceability, consistency, and smooth month-end closings.

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