Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
The Silent Tax of Supplier Invoice Errors
Most procurement teams think they are saving money through strategic sourcing, but a quiet leak is draining budgets: invoice processing errors. This episode examines why up to four percent of B2B invoices contain discrepancies that go uncorrected because the cost of fixing them feels smaller than the cost of paying them. We look at the hidden administrative burden, the specific workflow bottlenecks at companies like Unilever and General Electric, and the counterintuitive reality that manual approval chains are actually increasing error rates rather than preventing fraud. Lucas and Luna break…
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