Case Study: Tower Products streamlines accounts payable and improves invoice processing with DocStar ECM AP Automation

Tower Products cuts invoice cycle times by 50% with DocStar

Tower Products, Inc., a leader in audio/video equipment, needed a more streamlined and efficient process for managing thousands of monthly invoices from its vendors and tracking customer orders. The company sought to automate its system to gain control and visibility over its accounts payable operations. They implemented the DocStar Enterprise Content Management (ECM) AP Automation solution to address these challenges.

The DocStar solution integrated with the company's Sage 100 ERP platform, automating invoice processing with intelligent data capture and two-way matching. This implementation resulted in significant benefits for Tower Products, including a reduction in invoice processing cycle times from seven or eight days down to four or five. DocStar's system also led to a 15-19% increase in invoice match rates and provided the finance team with greater visibility and transparency into the entire workflow.

Tower Products