Doktryna Zysku
Finance

Organizing the invoice flow in an accounting office

We reduced document flow time from 5 days to 1.5 business days. We implemented a new approval system that eliminates bottlenecks.

Flow time: 1.5 days
ClientAccounting Gliwice Plus
IndustryFinance
TimelineJune–August 2024

Accounting Gliwice Plus was struggling with arrears in processing cost invoices. Our goal was to eliminate manual data entry and cut work time by more than half.

Process auditWorkflow optimizationDocument managementTeam training

The challenge

The office was receiving an average of 340 invoices per month from 47 clients. The entire process was based on email and binders, which caused documents to get stuck in the system for an average of 5 business days. Employees often duplicated their efforts, and errors in manual entry of VAT rates happened in every fourth invoice. As a result, the team was overwhelmed at the end of every month.

Our approach

The Profit Doctrine team conducted a 3-day information flow audit. We identified moments where documents were waiting for the chief accountant's decision without any justification. Instead of implementing expensive ERP-class systems, we focused on organizing the cloud folder structure and introducing a simple 3-step invoice approval protocol.

The solution

We introduced clear file naming and a dedicated email address for incoming invoices. Every document is now categorized within a 4-hour time window. We limited the number of people with access to approve payments to two key employees, which eliminated decision-making chaos. We also added a short script verifying the conformity of the Tax ID (NIP) with the government registry before posting.

Results

Streamlining the process allowed the team to recover time for advisory services instead of constantly putting out fires in paperwork.

1.5 days
Document flow time
78%
Decrease in manual errors
11h
Time savings per week

Timeline

  1. June 2024
    Audit of document flow process at the client's site
  2. July 2024
    Implementation of new approval scheme and staff training
  3. August 2024
    Performance testing and final procedure optimization

"At first I was skeptical about whether this would change anything. After three weeks, it turned out the team finishes work earlier, and invoices are posted as they come, not at the last minute."

Marek Wiśniewski Owner, Accounting Gliwice Plus, Accounting Gliwice Plus September 2024