Since rolling out OneSCM to their mid-tier suppliers, Molson Coors has seen significant improvement in the efficiency of its AP operations. The cost to handle PO/invoice transactions has dropped by approximately $2.50 per transaction. The company has a three year target to move 120,000 invoices from manual to automated, resulting in a potential annual cost savings of $300,000. Because of the lower upfront investment with the OneSCM portal, Molson Coors projects a modest 12% IRR and an 18-month break even (on a gross basis).

In addition to the cost savings due to automating previously manual processes, Molson Coors has seen a decline in errors, including the reduction of late payments to suppliers and fewer overpayments due to PO/Invoice mismatches.

“Companies can save thousands of dollars by implementing the OneSCM platform,” Rick Kneebone, IT Senior Business Partner, Molson Coors. “And with the low implementation costs, ROI comes very quickly.”