Prioritizing Efficient Vendor Payments With Comprehensive Global Payments Information

Grundfos adopts Bankers Almanac® Global Payments File - ERP and Bankers Almanac® Global Payments Resource to support expanding global footprint and need to automate and streamline payments workflows.

Case Study: Grundfos

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Grundfos Utilizes LexisNexis® Risk Solutions To Help Prioritize Efficient Vendor Payments With Comprehensive Global Payments Information

Data, Sustainable, Payments
Grundfos fosters sustainability, inclusion and ongoing business success by making water accessible and reliable for all. They have set a high standard for energy efficiency and protecting the environment across their 79-year history.

The company is experiencing continued growth and entering new global markets. Adding greater efficiency and automation to vendor payments workflows are key goals for Grundfos. 
Grundfos operates in markets across the European Union, North and South America and parts of Asia Pacific and processes around 270,000 vendor payments yearly.

Grundfos is implementing company-wide initiatives to automate payments and vendor purchasing workflows. Starting with up-to-date and correct bank key details for the countries where they operate is a critical component of the success of these initiatives designed to streamline vendor workflows and strengthen vendor relationships.

Download the case study to discover how LexisNexis® Risk Solutions helped Grundfos prioritize efficient vendor payments with comprehensive global payment information and learn more about our solutions.

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