Tyson Foods discusses how they selected an eInvoicing, supplier self-service and dynamic discounting vendor, the factors they considered, early results from the transition, and their vision for future efficiencies and savings.
Hear Susan Boyd, Director of Payment Services at Tyson Foods, discuss the organization’s transformation from a home grown, in-house portal with customized workflow to a comprehensive supplier portal with supplier self-services, flexible electronic invoicing options and robust early payment discount functionality.
Susan highlights the multi-departmental business case by showcasing the value for procurement, finance, accounts payable and IT. While IT was resistant to change at first, Tyson had a proof-of-concept up and running in less than 3 hours, and shortly after, enrolled their first supplier.
Susan will cover the process of selecting a vendor, why Tyson choose eInvoicing, supplier self-services and dynamic discounting, early results and the project vision.