Three recent developments in AP Automation from Top Image Systems

In a matter of weeks Top Images Systems, announced several developments; showing its increasing footprint in AP automation, scanning and mobility. The first example is that Top Image Systems and OPEN SCAN Announce a mobile image processing partnership. Next Top Image Systems and Konica Minolta Business Solutions Spain announces that they were going to deploy their eighth joint project.

Finally Top Image Systems announced to have  won a $342,000 Multi-ERP AP Automation deal at a leading European dairy producer.

Top Image Systems and OPEN SCAN Announce a mobile image processing partnership

Top Image Systems (TIS) will provide a Mobile Remittance solution based on its existing MobiFLOW technologies which, together with Open Scan’s Dynamic Receivables software, will allow companies to capture both payments and remittance advices in one electronic envelope, remotely deposit the funds, and automatically apply the cash against their open receivables.

Open Scan has a large US install base in the transportation, distribution, and manufacturing industries. TIS’ mobile remittance application will allow these customers to process payments in the field at the time of delivery to significantly reduce DSO (days sales outstanding), improve cash flow, and prevent credit holds.

The partnership with Open Scan will enable TIS to widen the distribution of its mobile applications in the US via a leading supplier of financial workflow automation, accounts receivable, and accounts payable software.

Top Image Systems and Konica Minolta Spain to deploy their eighth joint project since 2011

Following a formal partnership agreement with TIS in 2011, Konica Minolta Spain established an independent business unit to market, sell and implement eFLOW INVOICE and Digital Mailroom business process automation projects. To date, the partnership has yielded a series of successful deployments in numerous industries.

The diverse set of joint customers includes an infrastructure, renewable energy, water and services developer; a beverage importer; a business school; an internationally recognized publisher, as well as Spain’s largest fresh produce exporter.

The most recent being an accounts payable automation project in deployment at a leading Spanish jewelry and fashion goods manufacturer. Headquartered in Barcelona, the jewellery manufacturer maintains a presence in 45 countries with over 400 retail locations while also doing business online.

Top Image Systems wins a $342,000 Multi-ERP AP Automation deal

The project will entail an end-to-end Accounts Payable Automation system involving capture and workflow optimization. Top Image Systems overcame several strong competitors to win the deal. The customer selected Top Image Systems due to TIS’ solid, local references, superior technology, expert professional services and global presence.

TIS’ solution flexibility met key requirements for the project, such as integration with multiple ERP systems, including both SAP and JD Edwards. Because they operate within multiple ERP environments, the customer preferred to deploy eFLOW’s ERP-agnostic workflow solution and mobile device approval process. The multichannel eFLOW INVOICE solution will process all the supplier invoices in various formats, including deployment of the eINVOICE portal to manage electronic invoices and managing multiple languages and currencies.

The customer will achieve substantial benefits with eFLOW, including shorter invoice cycle times, transparency and better cash flow management. Using eFLOW will also provide the company’s managers with full visibility into the AP process. Moreover, this leading dairy producer expects to reduce costs by earning discounts on early payments.


Related Posts

Comments are closed.