Case Study: Mohawk Industries Inc.
Case Study: Mohawk Industries Inc.
5 PagesMohawk Industries (NYSE: MHK), a global flooring leader with $7.3 billion revenue and facilities worldwide, challenged its AP team to slash costs amid paper-dominated invoice processing for 8,000+ suppliers handling 550,000+ invoices yearly. Tungsten Automation's e-invoicing solution transitioned 75% of volume to electronic within months, eliminating over 400,000 paper invoices annually, capturing $3 million in early pay discounts, saving millions through labor reduction (54 to 21 staff), and ensuring Sarbanes-Oxley compliance while strengthening supplier relationships and eco-credentials.
