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Esker Signs Cloud-Based Accounts Payable Automation Agreement with Multiradio

January 29, 2014

Telecommunications company, Multiradio, looks forward to optimizing its SAP® environment with increased visibility and efficiency in its invoicing operations

MADISON, Wis.--(BUSINESS WIRE)-- Esker, a worldwide leader in document process automation solutions and SAP® software solution and technology partner, announced today it has reached an agreement with Multiradio S.A., an Argentina-based telecommunications company. Multiradio has selected Esker’s cloud-based Accounts Payable solution to integrate with its existing SAP application in an effort to automate its vendor invoicing process.

Multiradio handles approximately 1,400 vendor invoices each month, with the average document being eight pages. Using manual processing methods, this placed a burden on Multiradio’s accounts payable (AP) department. The biggest problem was the lack of visibility once an invoice was received and the process started. Slowdowns in the processing cycle were common with invoices coming from multiple departments and control and oversight limited, often leading to late payments as well as an influx of calls from vendors.

Esker’s Accounts Payable solution will be leveraged as an on-demand automation service to integrate with Multiradio’s SAP system, effectively streamlining every phase of vendor invoice processing. Because invoices are automatically entered into an electronic workflow in SAP, visibility is ensured throughout, employees previously designated to approval workflow are freed up to complete other tasks, and the use and storage costs of paper is dramatically reduced.

“When we realized our AP process was getting too complex, the goal was to consolidate the process using a cloud solution — Esker had everything we were looking for in terms of SAP integration and workflow,” said Monica Melito, CFO at Multiradio. “We considered going the BPO route but, through my involvement with ASUG, I knew of Esker’s experience with cloud computing. We couldn’t have asked for a better solution for our first on-demand project.”

About Multiradio S.A.

Multiradio SA is a telecommunications company with 250 employees and over 30 years of experience in mobile communications, systems integration and installation services throughout Buenos Aires, Argentina. Initially established to serve the local market of mobile radios, Multiradio has expanded to other related markets. Business operations are divided into three major areas: mobile (includes the sale of cellular phones, service and customer support), radio (distribution and technical support) and telecommunications services (provision of products and services for telecommunications, broadcasting and networking).

About Esker

Esker is a worldwide leader in document process automation solutions. Addressing all types of business processes, from accounts payable and accounts receivable to 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.




Corporate Contact:

Esker Inc.

Gina Leranth, 608.828.6141

gina.leranth@esker.com

or

Investor Relations Contact:

Esker S.A.

Emmanuel Olivier, 33 (0)4 72 83 46 46

olivier@esker.fr

Source: Esker


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Source: Business Wire


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