Esker Launches New SaaS Solution to Automate Vendor Invoicing

Published 30th March 2009

Esker, the leader in document process automation solutions, today announced the release of its new SaaS (Software as a Service) solution for managing vendor invoices. The new solution offers a real alternative to traditional software solutions for companies, eliminating their need to finance, install, manage and maintain software and/or hardware. A scanner and a simple Internet connection are the only requirements to completely automate their vendor invoice processing.

With 80 per cent of vendor invoices currently received in paper format, a large majority of companies are still manually managing their processing. It is a tedious and cumbersome process that generates costs, productivity losses (manual entry, indexing, archiving, manual workflow approval routing)and potential errors resulting in payment delays.

Developed to lighten the load for those who manage and process invoices (finance, accounting, purchasing departments), this new offer from Esker provides an innovative approach allowing users to automate vendor invoice processing using a simple Internet connection, from invoice capture to payment. Based on a pay per document model, it places a complete business application in the hands of the user, effectively lifting the constraints of traditional software thanks to simple and fast implementation, low cost of acquisition and immediate return on investment.

“This solution is the result of the combined expertise of Esker DeliveryWare process management automation and on Demand services developed for Esker on Demand and FlyDoc which are today used by over 3,000 companies worldwide. Thanks to this new SaaS offer, we are helping companies eliminate paper from their business processes; reducing costs and processing time of vendor invoices, while improving their payment cycles," says Jean-Michel Bérard, CEO of Esker.

Vendor Invoice automation on Demand expands Esker’s SaaS offering which already includes Esker on Demand and FlyDoc enabling companies to use on Demand services to automate document process management.

"Vendor invoice processing is the first of a set of on Demand solutions that we are currently developing with the support of OSEO* that will be launched throughout the course of the year centered around business management processes including electronic invoicing, customer sales orders and purchase order management,” concludes Jean-Michel Berard, CEO of Esker.

With offers available worldwide, Esker has positioned itself since 2005 as one of the leading developers of document automation solutions on Demand as well as one of the major players in the SaaS market in France. In 2008, SaaS represented 26% of total sales revenue. Esker’s worldwide production platforms efficiently handle and process 60 million pages each year while serving more than 25,000 users from companies as diverse as Advantica, Barclays, BG Group, Cable & Wireless, Microsoft, Samsung and Warburtons.
Find out more www.apondemand.com


About Esker
Esker is a recognised leader in helping organisations eliminate manual processes, gain process visibility and control, and reduce the use of paper by automating the flow of documents into, within and out of the organisation. With patented document delivery automation software and hosted document delivery services, Esker offers a total solution to automate every phase and every type of business information exchange. Customers achieve significant and immediate operational efficiencies, cost savings and measurable ROI in as little as three to six months. Founded in 1985, Esker operates globally with more than 80,000 customers and millions of licensed users worldwide. Esker has global headquarters in Lyon, France and U.S. headquarters in Madison, Wisconsin. For more information, visit www.esker.co.uk