13.11.2013 14:00:00

Esker Signs AP Automation Deal Worth Over $520,000 with American Soft Drink Producer

Esker, a worldwide leader in document process automation solutions and SAP® software solution and technology partner, today announced that a leading beverage producer has signed on to automate the processing of its vendor invoices. The company will leverage Esker’s on-premises Accounts Payable solution to achieve a single, unified workflow process within multiple applications of SAP.

After previously relying on business process outsourcing (BPO) to manage its monthly volume of 50,000 vendor invoices, the company initiated a plan to restructure its accounts payable (AP) operations back to an in-house processing model. Driving this project was the company’s goal to eliminate a variety of AP-related issues they were experiencing. Top priorities included: the elimination of duplicate invoices, gaining visibility into what step an invoice is at in the approval process, and eliminating a number of charges being billed by the third party when invoices required multiple touches.

Recognizing Esker’s vast experience with AP customers in an SAP environment, the soft drink producer selected Esker’s SAP-integrated automation solution to centralize its AP operations. Using an "agile” approach to solution delivery, Esker was able to ensure rapid implementation — a key factor in the decision-making process. The company anticipates a wide range of benefits as a result of its partnership with Esker, including accelerated invoice processing and approval times, improved control and oversight, and reduced payment errors.

"This is a great example of how automation can be used to maximize current SAP investments while consolidating AP operations on a large scale,” said Steve Smith, U.S. Chief Operating Officer at Esker. "We’re excited about the opportunity to help this company achieve its improvement goals within AP and potentially beyond.”

About Esker

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.

© 2013 Esker S.A. All rights reserved. Esker and the Esker logo are trademarks, registered trademarks or service marks of Esker S.A. in the United States and other countries. All other trademarks are the property of their respective owners.

Esker’s customer is not mentioned by name within this press release due to the fact that they wish to remain anonymous.

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