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Five Guys Chooses Goby to Automate Accounts Payable and Create Operational Savings

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CHICAGO–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/APAutomation?src=hash” target=”_blank”gt;#APAutomationlt;/agt;–Five Guys, the international handcrafted burgers and fries restaurant,
has chosen Goby, an AP Automation platform, to streamline, automate, and
optimize their utility bill workflows and processes at nearly 500 Five
Guys locations across North America.

Goby’s invoice automation solutions provide a single cloud-based tool to
automate Five Guys’ utility bill management process. Goby’s software is
a particular advantage when applied to utility bill data which is
notoriously more complex than other bills. It provides complete data
capture with an extremely high degree of data integrity and a systematic
analysis of performance.

Five Guys will achieve rapid ROI through tangible operational savings:

  1. Automated processes through intelligent data acquisition, capture,
    extraction, and coding of invoice data from any format
  2. Improved visibility into utility bill management performance and
    insights into opportunities for improvements and savings
  3. Validated, trustworthy data and automated identification of billing
    errors and usage outliers
  4. Mitigated risk of late fees and opportunity for early-pay discounts
    with streamlined approval workflows and notifications
  5. Scalable automation capabilities that will continue to support Five
    Guys as they grow and expand

“We chose Goby’s cloud-based technology suite for its sophisticated
utility bill management process, which will replace the time-consuming,
manual tasks our accounts payable team members previously dealt with,”
says Larry Hart, V.P. Finance and Accounting at Five Guys. “This will
empower our team with trustworthy data and allow them to focus more on
value-add projects; their user-friendly interface will increase
productivity and visibility into our utility bill management processes,
dramatically transforming our utility bill process and reporting
capabilities.”

“This is a great opportunity to introduce cutting-edge technology that
will streamline and simplify operations at one of America’s favorite
burger chains,” says Chris Happ, CEO of Goby. “We’re proud to add this
highly-admired brand to our portfolio and excited for them to begin
their enterprise data automation journey.”

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About Five Guys

Five Guys is a family owned and operated franchise restaurant group that
focuses on serving high quality burgers and fries in a clean, no frills
atmosphere. Five Guys was established in 1986 in Arlington, VA. In 2003,
Five Guys opened its first franchised location and with the help of
loyal franchisees, Five Guys has expanded from five to nearly 1600
locations worldwide. Five Guys continues to be awarded “Best” Burger
across various markets and ZAGAT Survey said “there are no better
burgers.” For more information, visit www.fiveguys.com.

About Goby

Goby is an Accounts Payable and ESG Solutions platform. Its users save
time, mitigate risks, and increase ROI with powerful invoice automation,
workflows, and analytics. Founded in 2008, Goby has 50 employees and
hundreds of clients across the globe. In 2015, Goby raised $5M in series
A funding, backed by Toronto-based GreenSoil
Building Innovation Fund
 (GBIF), with participation from existing
investor, Second Century Ventures, the venture arm of the National
Association of Realtors. Learn more at http://www.gobyinc.com/.

To learn more, visit Goby at www.gobyinc.com

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Contacts

Goby Media Relations
Danna Hileli
312.698.4387×120
[email protected]


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