Private equity (PE)-backed manufacturers face constant pressure. They must grow EBITDA, cut costs, and scale fast. Many now use AI to automate core finance functions like AP.
OpenEnvoy helps these companies move faster and operate leaner by automating AP. With our AI-first platform, they eliminate manual work, prevent errors and fraud, integrate acquisitions smoothly, and improve margins.
Three PE-backed manufacturers—Raney's, Kymera International, and Sensience- leveraged OpenEnvoy's AI-first technology to meet their goals. Below is a quick introduction to each of these companies
Company |
Industry |
Private Equity Sponsor |
| Kymera International | Specialty Materials | Palladium Equity Partners |
| Raney’s | Autoparts/Distribution | Incline Equity |
| Sensience | Consumer Electronics | One Rock Capital |
The challenges facing PE-backed manufacturing companies
PE-backed manufacturers are expected to deliver strong financial performance quickly. The three common challenges are:
- Pressure to Increase EBITDA through rapid cost-cutting
- Headcount Reduction and Efficiency
- Accelerated time to value through rapid implementation of new AP workflows via OpenEnvoy during M&A activity
Traditional manual AP processes are a significant obstacle to achieving these goals. Errors, delays, and inefficiencies in invoice processing can slow growth and reduce profitability.
OpenEnvoy’s Autonomous AP transforms these processes, offering immediate and measurable financial impact that only AI can provide.
The 6 benefits Autonomous AP and OpenEnvoy deliver to PE-backed manufacturing companies
1. Lean AP teams
Business Benefit: OpenEnvoy helps companies reduce the need for clerical staff by automating manual AP processes.
Case Study – Raney’s (Autoparts/Distribution, Incline Equity): Raney’s, an e-commerce leader in heavy-duty truck parts, faced mounting transaction volumes as it grew through acquisitions. Without AI-driven automation, the AP team would have needed to triple or quadruple in size. Instead, with OpenEnvoy, Raney’s maintained a lean team while efficiently processing thousands of transactions. The company achieved 100% AP automation through OpenEnvoy, eliminating manual processes.
Without OpenEnvoy, we would have needed 3-4x the AP staff."
Van Truman
VP Finance
Raney's
2. Rapid cost savings and EBITDA impact
Message: OpenEnvoy helps companies cut costs and boost EBITDA by blocking overbillings, automating AP, and reducing errors.
Case Study – Kymera International (Specialty Materials, Palladium Equity):
Kymera International, a specialty materials manufacturer, needed to enhance profitability while managing complex transactions across multiple acquisitions. OpenEnvoy’s AI-first technology allowed Kymera to reduce overbillings and streamline AP processes, leading to significant cost savings. In just a few months, Kymera saw a direct improvement in EBITDA, driven by faster invoice processing, reduced manual intervention, and greater control over spend, which was critical in scaling operations across newly acquired entities.
We expect a 3% boost in EBITDA this year using OpenEnvoy."
Gabor Szentivanyi
CIO
Kymera International
3. Fraud elimination
Message: OpenEnvoy’s AI-driven fraud detection capabilities protect companies by identifying and eliminating fraudulent invoices in real-time.
Case Study – Kymera International:
With thousands of transactions flowing through its AP department, Kymera relied on OpenEnvoy to detect thousands of fraudulent invoices before they could impact the company’s bottom line. By flagging suspicious activities early, Kymera eliminated potential costs and enhanced its financial controls.
Duplicate invoices. Fraudulent invoices. OpenEnvoy flags them immediately and gives us complete control over the process."
Gabor Szentivanyi
CIO
Kymera International
5. Better vendor negotiations
Message: OpenEnvoy’s AI-powered spend analysis offers valuable insights that allow companies to negotiate better terms with suppliers, leading to significant cost savings.
Case Study – Sensience (Consumer Electronics, One Rock Capital): OpenEnvoy’s spend analytics help Sensience negotiate better terms with key suppliers and improve cash flow. They learned that the real value of automation comes from better preparation and process. Instead of just paying faster, they now manage vendor payments with more control and make smarter, strategic decisions.
Why do we want to automate payments to our vendors faster? I’ve been educated—it’s about getting all the steps done upfront. It’s not about money flying out of the company."
Julie Bays
Business Systems Leader
Sensience
6. Quick onboarding and seamless integration
Message: OpenEnvoy offers quick, seamless onboarding that requires minimal IT support. Its plug-and-play integration allows companies to experience immediate value without disruption.
Case Study – Kymera International: Kymera’s rapid expansion through acquisitions created challenges with integrating various ERP systems. OpenEnvoy’s plug-and-play functionality allowed Kymera to automate AP across all entities, reducing onboarding time and eliminating costly delays.
We were fully operational with OpenEnvoy within three months, thanks to its quick AI-first integration process."
Gabor Szentivanyi
CIO
Kymera
PE-backed manufacturers face intense pressure to deliver results fast. They need to boost EBITDA, cut costs, and scale through acquisitions. OpenEnvoy’s AI-first AP automation gives them the tools to do it. With strong results in fraud prevention, headcount reduction, and cost savings, OpenEnvoy helps companies move faster and operate more efficiently.
Learn how OpenEnvoy can help your company reduce costs, eliminate fraud, and scale efficiently. Talk to us today and see how Autonomous AP can transform your company.
