Sears Canada Enters into Multi-Year Agreement With ADP for Procure-to-Pay Solution
ROSELAND, N.J., – January 23, 2012 – ADP®, a leading provider of human resource outsourcing, payroll services, tax and compliance services, benefits administration and accounts payable solutions, today announced that Sears Canada Inc., has selected ADP’s Invoice Automation Suite to automate its accounts payable (AP) processes. The electronic invoicing application is part of the ADP Procure-to-Pay Solution.
Sears Canada assessed various AP automation providers earlier this year and determined that the ADP solution was the best fit for its accounts payable department. By combining robust solution functionality around electronic invoice automation and approval workflow with a strong services component including supplier on-boarding, ADP’s holistic offering is well equipped to accommodate the complexities of a dynamic organization like Sears Canada.
“On top of providing a platform with the features and functionalities that we need for our non-merchandise business, ADP’s solution will help move our accounts payable department from a paper-based operations to the ease and efficiency of electronic transactions,” said Greg Guyatt, vice president and corporate controller, Sears Canada. “And since the ADP application is compatible with a broad base of users and suppliers, the vast Sears Canada supplier network can enjoy the many benefits the electronic invoicing solution has to offer, such as ease of use, increased visibility and reduction of risk and days sales outstanding.”
ADP’s Invoice Automation Suite automates the entire AP process from invoice to payment, while reducing costs and giving clients improved controls and complete spend visibility. Its robust workflow functionality helps ensure that all invoices are routed to the appropriate users and approved in a timely manner. Suppliers are also kept informed via a collaborative online portal, which allows them to participate in and accelerate the dispute resolution process.
“ADP is excited to partner with Sears Canada,” said Leon Busch, vice president and general manager, ADP Procure-to-Pay Solutions. “We’re committed to providing a streamlined solution that automates back-office processes and moves transactions toward a more electronic environment, enabling Sears Canada to optimize its AP operations and focus on its core business.”
Sears Canada is a multi-channel retailer with a network that includes 196 corporate stores, 280 hometown dealer stores, 32 home improvement showrooms, more than 1,700 catalogue merchandise pick-up locations, 108 Sears Travel offices and a nationwide home maintenance, repair, and installation network. The company also publishes Canada’s most extensive general merchandise catalogue.
For more information on ADP Procure-to-Pay Solutions, please visit http://www.adp.com/solutions/employer-services/procure-to-pay-solutions.aspx.
Automatic Data Processing, Inc. (NASDAQ: ADP), with about $10 billion in revenues and approximately 570,000 clients, is one of the world’s largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resources, payroll, tax and benefits administration solutions from a single source. ADP’s easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company’s website at www.ADP.com.
For more information, contact:
ADP Public Relations
Jill Lewis, Weber Shandwick for ADP