Document Process Automation Company to Provide AP Solution to Beverage Producer

Esker (News - Alert) announced on Wednesday that it would provide an automated document solution for an unnamed beverage producer that will generate invoices from SAP accounts payable applications.

Lyon, France-based Esker, S.A. automates document processing with the goal of helping businesses go paperless. It offers accounts payable automation that runs in the cloud as an SaaS (News - Alert) solution. Invoices are OCR scanned and then verified through an Esker web app before going to management for approval. The invoice’s data and image are then sent to ERP. The New York City Department of Education currently uses this solution for its AP processing.

Other SaaS solutions by Esker include accounts receivable and automated sales order processing. Document delivery by mail or fax is also offered.

Esker also has U.S. headquarters in Madison, Wis. with customers in North America, Europe and Asia.

The beverage company will use a solution that processes AP in-house, eliminating invoice duplication and excessive charges that came up in the previous solution, which was outsourced to a third party.

Automated document processing is becoming a popular solution for many organizations that find themselves burdened with a growing pile of paperwork. In addition to automation, many solutions similar to those offered by Esker offer paperless documents, use cloud technology and leverage mobile devices for entering data.

Emile Haddad, a New Hampshire McDonalds franchisee, cited several problems with paper-based records in a June interview with QSR magazine. Complying with government regulations and franchise requirements dictated that he keep documents anywhere from three to seven years. The volume of documents that accumulate within this time frame was so great, Haddad needed to rent storage to house it.

A modernized accounting system that Haddad upgraded to saves much of this information to the cloud and eliminates the need for a room full of filing cabinets.

The concept of the paperless office has been talked about for over forty years and once was the topic of a June 30, 1975 BusinessWeek article, “The Office of the Future”. The arrival of fax machines and laser printers producing mountains of paper shortly thereafter made it appear that this vision would not become a reality anytime soon.

Several factors are changing that. Companies have grown tired of cumbersome, error-prone filing systems. The market has responded by supplying cloud technology and automated document processing. As a result, the paperless office will soon no longer be a myth.

 

Edited by Cassandra Tucker