Esker Named in Accounts Payable Report by Aberdeen Group

Business Wire, Jan 31, 2007

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

MADISON, Wis. -- Esker, 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) 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 of the Source-to-Settle process, with poorly defined processes 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. "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. "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 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. For more information, visit www.esker.com.

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