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Esker Named in Accounts Payable Report by Aberdeen Group.


Research indicates organizations with efficient automatic invoice processing systems experience significant financial benefits

MADISON, Wis adv. 1. Certainly; really; indeed.
v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis.
. -- Esker esker, long, narrow, winding ridge of stratified sand-and-gravel drift. Eskers, many miles long and resembling abandoned railway embankments, occur in Scandinavia, Ireland, Scotland, and New England; they arose from deposition of sediment in the beds of streams , the leader in document process automation solutions, is included as a key solutions provider in Aberdeen Group's research report Accounts Payable: Strategies for Success, by Andrew Bartolini et al, published January 3, 2007. Top findings conclude outsourcing invoice processing is a leading strategy for improving efficiency within the accounts payable (A/P A/P Airport
A/P Accounts Payable
A/P Advanced Placement (education)
A/P Anterior/Posterior
A/P Active/Passive
A/P Assessment & Plan (medical)
A/P Automatic Pilot
A/P Aircrew Personnel
) process and A/P automation yields compelling cost savings currently enjoyed by only 20% of the marketplace.

Esker is recognized in the Aberdeen report as a leader in helping organizations eliminate the manual tasks associated with invoice processing. The report points to these manual tasks as a key reason why organizations continue to operate their accounts payable departments on the fringe On The Fringe is a popular Pakistani television show on Indus Music. It is hosted and scripted by the eccentric television host and music critic, Fasi Zaka and directed by Zeeshan Pervez.  of the Source-to-Settle process, with poorly defined processes There are two major approaches to controlling any process:
  • The defined process control model.
  • The empirical process control model.
The defined process control model requires that every piece of work be completely understood.
 and with little or no visibility into the valuable payment and supplier data processed by the department. Customers save time, reduce costs, improve supplier relations and create a secure, compliant, and accountable document communication system by automating the flow of documents into, within and back out of their organization with Esker document automation software and services.

"Our research shows that organizations that automate the A/P function, using solutions like Esker's have achieved great savings," said Andrew Bartolini, Research Director of Aberdeen Global Supply Management research, and report co-author co·au·thor or co-au·thor  
n.
A collaborating or joint author.

tr.v. co·au·thored, co·au·thor·ing, co·au·thors
To be a collaborating or joint author of: "He and a colleague . . .
. "Companies should look to technology providers such as Esker for the keys to implementing an efficient '21st century' back office infrastructure."

"Working with customers across a variety of industries we've seen first-hand how the processing of business-critical documents, such as invoices, can be a very draining process on an organization's resources," said Jean-Michel Berard, Esker CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We're pleased that Aberdeen has recognized the significance of transforming these systems and furthermore share the research group's same vision of automation. Customers can achieve significant and immediate operational efficiencies for measurable ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  in a very short time with either Esker document process automation solutions."

To download a complimentary copy of Accounts Payable: Strategies for Success, please visit: http://www.aberdeen.com/link/sponsor.asp?cid=3714.

About Esker

Esker is a recognized leader in helping organizations 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 organization. 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 Madison is the capital of the U.S. state of Wisconsin and the county seat of Dane County. It is also home to the University of Wisconsin–Madison.

The 2006 population estimate of Madison was 223,389, making it the second largest city in Wisconsin, after Milwaukee, and
. For more information, visit www.esker.com.

[c] 2007 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and other countries. All other trademarks are the property of their respective owners.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 2007
Words:513
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