In addition to faster payment, Esker has enabled real-time information exchanges, which has considerably improved invoice handling and our supplier relationships
MIDDLETON, Wis. (PRWEB)
December 12, 2017
Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing, today announced its joint effort with Getlink, formerly the Eurotunnel Group, a major player in European transport, to automate its supplier invoices. Thanks to Esker’s cloud-based Accounts Payable solution, the 15 companies that make up the group now have a single solution that’s integrated with their SAP® system and compatible with French-British languages, currencies and legislation. As a result, Getlink now processes supplier invoices twice as fast, has improved process visibility and traceability, and reduced the number of reminders and outstanding invoices.
Getlink’s eight-person accounting team, distributed between France and the United Kingdom, manually processes 60,000 annual invoices (e.g., services, inventory, overhead, taxes, etc.). Due to multiple companies, languages, currencies and intra-community value-added tax (VAT) management, the company’s accounts payable (AP) process is very complex.
“We were primarily looking for one AP solution for all our subsidiaries that seamlessly integrated with SAP,” said Audrey Willot, accounting director at Getlink. “Esker’s cloud-based solution offers us more flexibility and is compatible with multiple languages and international legislation. Other key criteria in our decision-making process included purchase order (PO) and non-PO invoice processing, mobility, and the assurance that an effective and reliable audit trail was in place.”
Favorable supplier response
During solution implementation, Getlink received encouraging responses from its suppliers. Automated invoice sending and processing led to shorter payment times and improved follow-up. Previously, only 15 percent of suppliers sent their invoices in PDF format. Now, over half send invoices electronically and the number is expected to reach 70 percent in the coming months.
“Our suppliers are key players in the process and they quickly understood the benefits of our automation project,” said Willot. “In addition to faster payment,…