Director of Finance and Accounts Payable, Medline Industries, Inc.
Sarah Stokes began her journey with Medline as an AP mailroom associate, knowing that opportunity and growth were within reach. Her focus on standardization and streamlining processes quickly made an impact on the AP department, and six years later she was named Director of Finance, Accounts Payable. In this role, her hands-on approach to the training and development of the team in India has been vital to the formation of a global shared services center. After best-in-class processes were implemented, key performance indicators were measured at regular intervals to evaluate the health of the organization as a whole. Continuous process improvement and automation have been the driving forces behind the success of Sarah and the Accounts Payable department, leading her to initiate an RPA journey in the organization by automating its invoice process. Due to the overwhelming success of this project, RPA is now becoming a company-wide initiative.
Multinational Medical Supply Manufacturer Streamlines AP Processes with RPA and ABBYY Invoice Automation
4:45pm - 5:15pm ,
Thursday, October 24
Medline Industries, one of the largest privately-owned companies in the US, enjoys double-digit, year-over-year growth. As a result, its AP department was nearly bursting at the seams keeping up with the increased invoice volume and rising costs associated with manual offshore processing. Find out how Medline’s enterprising finance leaders took the reins and led the organization to embrace a digital transformation strategy enabled by “new automation technology."