Case Study: US-based Leading Metals and Materials Manufacturer achieves 5-day accounts payable processing with Newgen Software

A US-based Leading Manufacturer in Metals and Materials Transforms its Accounts Payable Process with Newgen

A US-based leader in metals and materials headquartered in Mequon, Wisconsin—manufacturing steel, iron products and precision automotive parts—was processing roughly 75,000 invoices from 28,000+ vendors across five departments using manual, siloed workflows. That dependence on paper and manual entry led to high costs, frequent errors, poor visibility and payment tracking, and long invoice turnaround times (about two weeks/13 days).

Partnering with Newgen, the company deployed an end-to-end Accounts Payable Automation platform with centralized workflows, AI/OCR data capture, KPI dashboards, vendor collaboration tools and ERP integration. The solution cut average processing time to 5 days, improved straight‑through processing by 52.6%, increased first‑time‑right transactions by 15%, and delivered substantial time, cost and transparency improvements.