John Lewis is now rolling out the Didos specialist invoice matching engine from Itim following its introduction at sister company Waitrose.
Didos was introduced at both John Lewis and Waitrose as a single goods for resale (GFR) invoice processing system to enhance the John Lewis Partnership’s invoice processing, and significantly cut costs and improve efficiency.
Didos provides invoice matching, automatically approving most invoices for payment, eliminating supplier overcharges and providing controlled methodologies for handling any invoicing and receipting errors that may arise.
Simon Fulford, project lead analyst at Partnership Services, the business services division of JLP, said: “We are experiencing a significant reduction in time spent processing invoices and the feedback we have had from the administrators is very positive considering they were using systems that had been in place for over 15 years. Using Didos will translate quickly into bottom line benefits across all areas of the John Lewis Partnership.”