Nvoicepay: Customer | Refinery29
+

Refinery29

Refinery29 is the leading media company focused on women. It boasts a global audience footprint of over 249 million. Refinery29 has received numerous accolades including being listed on Crain’s Fast 50, Fast Company’s Most Innovative Media Companies, and Inc.’s fastest growing media companies in America.

Industry: Media

ERP: NetSuite

Employees: 300

Revenue: $100 million

Website: https://www.refinery29.com/

I'm a big list keeper, I'm into pros and cons. And Nvoicepay by far surpassed the pros when compared to our bank.

Akriti Arya-Cohen, Director of FP&A

Challenges

  • Restrained by their bank’s antiquated system, which had no visibility into payment history
  • Previous provider only handled electronic payments portion, leaving Refinery29 on the hook for check payments
  • Increased vendor-boarding responsibilities created excess manual work for the AP team

Results

time savings

Dedicating internal resources to valuable payment and cashflow analysis instead of manual tasks

cost savings

Reducing time spent on the payments process by more than 50%

increased visibility

Receiving positive feedback from vendors, who enjoy having real-time interactions with Nvoicepay’s vendor support team

Hear from Refinery29

Director of FP&A Akriti Cohen and AP Manager Nicole Paige explain why they chose Nvoicepay for Refinery29’s supplier payments.

See how payment optimization works for your organization

© 2020 Nvoicepay   |   Privacy Policy