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Grace Optimizes AP Processes to Reduce Costs and Achieve Best-In-Class Status

2-2 ½ daysInvoice cycle time

95 centsCost per invoice

$500,000Annual savings

Bogged down by paper and manual processes, W.R. Grace and Company replaced a home grown system with Tungsten data capture and workflow solutions to achieve greater integration with SAP and support the consolidation and optimization of AP processes worldwide. Since implementation, the chemicals giant has reduced cost per invoice from more than $7 to $1.50 in Asia and Europe, and from $5 to $2.25 in the U.S.

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W.R. Grace and Company
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« Process Director est l’un des meilleurs outils que j’ai vus dans la comptabilité fournisseurs : tout est disponible de manière transparente, des dates de facturation aux informations d’approbation, ce qui permet des analyses rationalisées. Avec un seul identifiant, nous prenons en charge près de 100 000 utilisateurs, ce qui a un impact significatif sur nos opérations. »
Ashwini Metuku,
Architecte principal de solution​ W.R. Grace & Co

About W.R. Grace and Company

Founded more than 150 years ago by an Irish immigrant seeking refuge from the potato famine, W.R. Grace and Company has since grown to be one of the world’s leading specialty chemicals and materials companies. Its products are used by millions each day to ensure the durability of major buildings and bridges, enhancing the performance of petroleum products and helping to preserve the integrity of food packaging.

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