USFarathane customer case: Manufacturing
70% shorter processing time and 43% lower costs, while invoice volume grew 20% – without adding staff.
USFarathane is a major automotive industry supplier with revenue of $400 million, expected to grow to $700 million. The company operated nine production facilities in the US, with plans for two more in the US and two in Mexico within 18 months. With around 60,000 invoices per year (expected to reach 80,000), the central accounts payable function was entirely paper-based.
Before the Rillion solution, internal and external communication took place via Outlook. The organization lacked visibility into information recorded across departments, accounts payable had become the unintended "rule enforcer", and the finance department struggled to maintain budget oversight, leading to recurring overspending issues.
The project started with invoice processing but was expanded to also cover indirect purchasing, contract management, expense reporting and budgeting. USFarathane chose Rillion precisely because of the solution's broad scope.
The result: 70% shorter processing time, 43% lower handling costs, and 20% growth in invoice volume without hiring additional staff – along with better visibility, mobile access to purchasing data, and a significantly shorter month-end close.
"I had considered expanding our invoice process improvements to other business areas, but did not anticipate our CFO would benefit from Rillion's technology so quickly."
Want to be the next case?
Book a demo and find out how Document People can automate your invoice flow.