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Mueller Co. Selects Brainware to Automate A/PLeading Manufacturer to Transform Finance Function with Intelligent Data CaptureJune 7, 2010, Ashburn, VA —Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, announced today that Mueller Co. has chosen Brainware to automate accounts payable invoice and credit memo processing for its US operations. Mueller Co., a division of Mueller Water Products, Inc. (NYSE: MWA), is the leading supplier of flow control products, including fire hydrants and valves, for potable water distribution. The Brainware Distiller™ solution will be integrated with Mueller Co.’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 options, we chose Brainware to help us transform and strengthen our Accounts Payable function,” said Chad Mize, Vice President of Finance for Mueller Co.” “By helping us free up resources for higher value analytical tasks, we will be able to add additional focus on strategic vendor management, optimization of supplier terms, and early payment discounts.” “We are proud to have been selected to help Mueller Co. automate and transform its accounts payable operations,” says Carl Mergele, Chief Executive Officer at Brainware. “By combining their invoice processing onto a single Brainware platform, Mueller Co. is positioning itself effectively for short-term and long-term efficiency gains.” Mueller Water Products, Inc. is a leading North American manufacturer and marketer of a broad range of water infrastructure, flow control and piping component system products for use in water distribution networks and water treatment facilities. The Company's broad product portfolio includes engineered valves, fire hydrants, pipe fittings, water meters and ductile iron pipe, which are used by municipalities, as well as the residential and non-residential construction industries for heating, ventilation and air conditioning, fire protection, industrial, energy and oil & gas. With latest 12 months net sales through March 31, 2010 of $1.4 billion, the Company is comprised of three operating segments: Mueller Co., U.S. Pipe and Anvil. Based in Atlanta, Georgia, the Company employs approximately 5,100 people. The Company's common stock trades on the New York Stock Exchange under the ticker symbol MWA. For more information about Mueller Water Products, Inc., please visit the Company's Web site at http://www.muellerwaterproducts.com/.
About Brainware, Inc. |
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