Case Study: Schneider Electric achieves 3× accounts payable productivity and 90% OCR invoice processing with Tungsten Automation

Schneider Electric Triples AP Productivity with Kofax Readsoft

Schneider Electric, a global specialist in energy management, needed to centralize and modernize its accounts payable function to boost productivity and reduce costs. The company created a Shared Service Center to pool resources and evaluated OCR technologies to replace a manual, paper-based invoice process.

Schneider chose Kofax ReadSoft for its strong SAP integration, allowing a smooth transition with minimal change for AP staff. By piloting dual input stations and driving OCR adoption, OCR invoice handling grew from 40% to 70% in the first year and now reaches about 90% for four business units (roughly 40,000 invoices/month), delivering more than 20% annual productivity gains and an overall processing speed at least three times faster than the old manual system while eliminating the costly microfilm archive.

Schneider Electric

Jean Garcin

Manager of New Technologies