For Immediate Release
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Mueller Water Products Selects Brainware to Automate Accounts Payable
Leading Manufacturer to Transform Finance Function with Intelligent Data Capture
June 7, 2010, Ashburn, VA —
Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions,
announced today that Mueller Water Products (NYSE: MWA) has chosen Brainware to automate accounts payable invoice and credit memo processing for its US operations.
The Brainware Distiller™ solution will integrate with Mueller’s JD Edwards Financial ERP system to automate the sorting of invoices, credit memos, and supporting documents; the extraction and reconciliation of header and line item detail; the two and three-way matching of invoices to their corresponding purchase orders and delivery receipts; and the automated routing of invoices for approval and exception handling.
“After reviewing many, many options, we chose Brainware to help us transform our Accounts Payable function,” said Chad Mize, Chief Financial Officer for Mueller Water Products. “By helping us free up data entry clerks for higher value analytical tasks, we will be able to focus on strategic vendor management, optimization of supplier terms, and early payment discounts. We intend to achieve world class status in Purchase-to-Pay, and the Brainware solution provides a complete automation platform to help us get there.”
“We are proud to have been selected by Mueller to help them automate and transform their accounts payable operations,” says Carl Mergele, Chief Executive Officer at Brainware. “By combining their invoice processing onto a single Brainware platform, they are positioning themselves effectively for short term and long term efficiency gains.”
About Brainware
Brainware, Inc. is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing. Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices. Brainware customers include Airbus, Alcon, Alltel, Amgen, Anadarko, BB&T, , British American Tobacco, Continental Airlines, CORT, Gardner Denver, Halliburton, Her Majesty’s Prison Service, Johns Manville, JohnsonDiversey, Kimberly-Clark, KPMG, NHS/Steria, Newell Rubbermaid, Phillip Morris International Service Center Europe, Reynolds & Reynolds, Rockwell Automation, Shell, Southern Company, Sun Chemical, The Bank of New York Mellon/SourceNet, TriZetto, and many others. For more information, please visit www.brainware.com.
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