The Spiegel Group
The SPIEGEL Group is a media company based in Hamburg, Germany. With more than 1,100 employees in its editorial offices, its documentation department, its publishing house and its subsidiaries, the company has been providing classification, orientation and enlightenment for over 70 years.
Over the past seven decades, the group has developed into a renowned multimedia media company with various subsidiaries and holdings. Its products are characterised by outstanding journalistic quality and independent reporting.
The journalistic flagship – DER SPIEGEL – was founded in 1947 and stands for critical and investigative journalism. Today, the SPIEGEL brand reaches more than 14 million people every week across all channels.
Digitisation of incoming invoice processing
These diverse tasks involve working with many different partners, resulting in a multitude of incoming invoices. All invoices are factually and arithmetically checked, approved and then posted and archived in SAP by the financial accounting department.
By using the Shareflex Invoice software from Portal Systems AG, it was possible to introduce a Microsoft Office 365-based solution for the approval processes of incoming invoice processing, including SAP integration, for the SPIEGEL Group and its various subsidiaries.
As a result, a previously largely paper-based process was digitised. This has minimised invoice processing times and created greater transparency for invoices in circulation.