Tungsten Network
4 Case Studies
A Tungsten Network Case Study
Mohawk Industries, one of the world’s largest flooring suppliers, needed to cut accounts payable costs and reduce paper-driven invoice exceptions while also meeting compliance demands. With a high-volume AP operation serving more than 8,000 suppliers, Mohawk turned to Tungsten Network and its e-invoicing and supplier automation solution to modernize invoice processing.
Tungsten Network implemented e-invoicing to automate Mohawk’s global invoice workflow, improve supplier payments, and strengthen visibility and control over accrual data. The results included faster supplier payments, a 46% increase in electronic invoice submissions, 650,000 e-invoices received annually, and about $3 million in annual savings, while AP headcount was reduced from 54 to 21 through attrition and reassignment.
Mark Dailey
Director Shared Services