Octavius

How Octavius saved 80 hours of AP staff time in half a financial year
Staff hours saved per 1,000 invoices
16
Staff hours saved in H1 of financial year
80
Invoices processed every month
2,000+
Industry
Engineering
Product
Invoicing
Company size
£300m+ revenue
ERP
Coins
The Business

Octavius is a specialist transport infrastructure and civil engineering business, supplying key public bodies such as Local Authorities, Network Rail, National Highways, and Transport for London. They ensure their work provides a safe, efficient transport network, working closely with customers and partners to keep trains running and traffic moving on the roads. Starting as a small engineering company in 1966, the business has grown significantly, with revenues of over £300 million.

The Challenge

Before selecting an automation provider, Octavius's finance team processed all their supplier invoices manually, a time-consuming approach that often led to errors and delays. These issues could affect relationships with suppliers due to late payments, creating a need for a digital solution that could improve processing times and increase accuracy without disrupting supplier processes.Initially, Octavius partnered with an automation provider, but the solution didn't meet their service expectations. Seeking a provider that could deliver both operational efficiency and exceptional service, they transitioned to Open ECX.

Pain point 1

Fully manual invoice processing was creating consistent errors and delays, with knock-on effects for supplier payment timelines and the health of key supply chain relationships.

Pain point 2

A previous automation provider had failed to meet service expectations, leaving Octavius back at square one and needing a partner they could actually rely on for the long term.

Open ECX's automated Invoicing solution has significantly improved our processes, saving 80 hours of staff time during the first half of the financial year.
Octavius

The Solution

Open ECX's Invoicing solution integrates seamlessly with Octavius's existing COINS ERP system, creating a seamless, single source of truth between their financial processes to ensure visibility of consistent and accurate real-time data.This streamlined setup allowed for a smooth transition and onboarding process, managed by Open ECX's highly skilled technical support team, who worked closely with Octavius to ensure quick troubleshooting and seamless integration. Suppliers were onboarded onto the system within a matter of weeks, so the Octavius team could quickly realise the efficiency benefits of the solution.

Through adopting Open ECX's Invoicing solution, Octavius has eliminated manual steps in invoice processing and reduced the risk of errors. The team now benefits from a streamlined process that delivers 100% data accuracy, improved processing speeds, and automated workflows for efficient accounts payable processing.

How it worked
1
Open ECX integrated directly with Octavius's COINS ERP, creating a seamless, automated invoicing flow with a single source of truth across all financial processes and no manual touchpoints.
2
Suppliers were fully onboarded within weeks, with Open ECX's highly skilled technical support team managing the transition and working closely with Octavius to resolve any issues quickly.
3
Weekly calls with Open ECX's technical and customer support teams ensured real-time troubleshooting, proactive updates, and continuous optimisation after go-live.

The Outcomes

Open ECX's automated solution has transformed Octavius's invoicing process, delivering accuracy and enhanced efficiency with improved processing speeds to support fair payment to suppliers. For every 1,000 invoices processed through Open ECX, the business saves approximately 16 hours of staff time, enabling the finance team to focus on more strategic tasks.

A standout benefit for Octavius has been Open ECX's exceptional customer support. Octavius receives consistent, hands-on assistance from both technical and customer support teams. With weekly calls, Octavius receives proactive updates, real-time troubleshooting, and continuous optimisation, ensuring a consistently high-performing invoicing system. The Open ECX team's collaborative approach has exceeded Octavius's expectations, giving them full confidence in the reliability of the solution.

Outcome 1
16
Staff hours saved per 1,000 invoices
Outcome 2
80
Staff hours saved in first half of financial year
Outcome 3
2,000+
Invoices processed every month
Open ECX's automated Invoicing solution has significantly improved our processes, saving 80 hours of staff time during the first half of the financial year.
Octavius
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