Case Study: Maxim Integrated achieves paperless, streamlined AP and 95% on-time payments with Esker

Eliminating Paper Invoices And Streamlining Workflow Approval With Automation

Maxim Integrated, a global semiconductor company, was manually processing about 163,000 invoices a year across nine AP locations and a large paper archive. Its home‑grown barcode scanning system lacked standardized approvals (the CEO was approving invoices over $1,000), often had no PO attached, and left procurement and AP misaligned — creating high labor costs and inefficient workflows.

Maxim implemented Esker’s cloud-based Accounts Payable solution to enable shared services centers, electronic workflows and touchless processing. The move eliminated paper invoicing and archived 100% of invoices digitally, improved visibility and approval speed, reduced cycle times, lowered operational costs, and helped achieve a 95% on-time payment rate and better vendor relations.

Maxim Integrated

Paul Mehigan

Worldwide AP Process Owner