AEG is one of the leading sports and entertainment presenters in the world. AEG, a wholly owned subsidiary of the Anschutz Company, owns or controls a collection of companies including facilities such as STAPLES Center (Los Angeles, CA), O2 Arena (London, England), Sprint Center (Kansas City, MO), Citizens Business Bank Arena (Ontario, CA), Mercedes-Benz Arena (Berlin, Germany) and many more.
To solve the challenges of manually processing more than 300,000 invoices from around the world each year while furthering its sustainability initiative, AEG chose process and content management technology from Lexmark to complement its Oracle JD Edwards EnterpriseOne system in accounts payable (AP).
Lexmark has helped AEG improve efficiency and visibility in AP, allowing them to pay vendors much faster and eliminate late fees. Their success in AP has prompted AEG to look at expanding the use of Lexmark solutions to other departments such as HR, IT or legal in the future.