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Haviland Enterprises Streamlines AP Process with Datacor ePayments
Technology Category
- Networks & Connectivity - NFC
- Sensors - Chemical Sensors
Applicable Industries
- Electronics
- Packaging
Applicable Functions
- Logistics & Transportation
Use Cases
- Last Mile Delivery
- Time Sensitive Networking
The Challenge
Haviland Enterprises, a large chemical distribution company, was facing significant inefficiencies in its vendor payment process. The company was relying heavily on manual, paper-based processes for their payment runs, which were conducted multiple times a week across multiple locations in three states. This resulted in an ever-growing workload for the AP team. Additionally, despite many vendors expressing a preference for electronic payments, Haviland lacked the resources to securely store sensitive data. The company was in need of a solution that could automate the payment process, reduce workload, and securely handle sensitive vendor data.
About The Customer
Haviland Enterprises, Inc. is a chemical distribution company that serves the needs of companies worldwide, including those in the US, Canada, Mexico, and Brazil. Founded in 1934 as a small research and testing lab, it has grown to become one of the largest privately held chemical distribution companies in the United States. Haviland consists of two separate divisions: Haviland Products Company, which serves the industrial market with custom formulation, specialty blending, packaging, and distribution of a wide variety of chemical products; and Haviland Consumer Products, which formulates, blends, packages, and distributes more than 85 different swimming pool products for more than 75 different private label customers, serving some of the largest mass marketers of private label products.
The Solution
Haviland Enterprises found its solution in Datacor ePayments. The software offered a partnership with Corpay to process payments, which represented a significant time-saver for the AP team and reduced the barrier to automation. The implementation of Datacor ePayments required minimal setup and involvement from Haviland's accounting and IT staff, as most of the work was handled by Corpay and Datacor. The software not only automated the payment process, but also mitigated Haviland’s payment security risk by offering ACH payment to vendors without the need for Haviland to securely store and update their data. Furthermore, Datacor ePayments provided an indemnification policy, shifting the liability of ensuring payments reach vendors to Datacor.
Operational Impact
Quantitative Benefit
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