MADISON, Wis.--(EON: Enhanced Online News)--Esker, a worldwide leader in document process automation solutions and SAP® software solution and technology partner, announced today that it has reached an agreement with a global investment management firm. The company has selected Esker’s Accounts Payable solution to integrate with its existing SAP system in order to fully automate vendor invoice workflow.
“Companies running SAP already have a proven application in place for more efficient AP — our solution takes it a step further by integrating end-to-end capabilities within SAP to automate virtually every phase of workflow”
As a global provider of financial services with billions in assets, quality and efficiency are critical to the company’s daily accounts payable (AP) operations. A recent re-implementation of SAP to reduce costs and complexities in the process prompted the firm to look for an automated solution that could integrate with its SAP system to streamline each phase of AP — from invoice capture and review to coding and approval — without building and maintaining the workflow within SAP. In addition to citing Esker’s favorable pricing as a key factor, the company also made their selection based on how closely the Esker solution’s core functionalities matched its own SAP system requirements.
“Companies running SAP already have a proven application in place for more efficient AP — our solution takes it a step further by integrating end-to-end capabilities within SAP to automate virtually every phase of workflow,” said Steve Smith, U.S. Chief Operating Officer at Esker. “Manual data entry, manual paper routing, and lack of control and visibility are still prevalent problems within AP departments of businesses large and small. Esker is proud to be an industry leader in helping these companies not only find a paper-free alternative to traditional vendor invoice processing, but leverage a solution that can easily adapt to their unique needs.”
Esker is the worldwide leader in document process automation solutions. Addressing all types of business processes, from accounts payable and accounts receivable to sales order processing and procurement, Esker cloud computing solutions enable companies to automate the reception, processing and sending of any business document with one platform. Esker helps over 80,000 companies across the world to reduce the use of paper and eliminate manual processes while improving their productivity, efficiency and environmental impact.
With 40.3 million euros in sales revenue in 2012, Esker operates in North America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. Esker is listed on the NYSE Alternext in Paris (Code ISIN FR0000035818). For more information, visit www.esker.com. Follow Esker on Twitter at twitter.com/eskerinc and join the conversation on the Esker blog at www.quitpaper.com.
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Esker’s customer is not mentioned by name within this press release due to the fact that they wish to remain anonymous.