Esker Partners with Arçelik to Provide Artificial Intelligence Driven Payments Solution
Derby, UK — June 28th, 2018 — Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing, has announced it will provide services to Arçelik, parent company of Beko and Grundig.
Arçelik will be employing Esker’s Artificial Intelligence (AI) driven accounts payable (AP) solution to automate its processes, with the technology set to be rolled out from July 2018 across a number of Arçelik’s markets including consumer durable goods, consumer electronics, small home appliances and kitchen accessories.
With a huge amount of invoice management requests passing through from internal customers, the fully automated AP solution is set to benefit Arçelik’s finance team. Features such as AI driven image capture, touchless processing and electronic workflow capabilities, will now allow Arçelik to manage cash flow in a simpler, more efficient way.
The key benefits provided through Esker’s technology include:
- Saving time in the receipt and capture of invoice data
- Paying invoices on time (reducing penalties and utilising more favourable payment options)
- Improving reporting of invoices and details
- Controlling invoices centrally with full visibility
- Enabling quicker invoice approval via web and mobile apps
- Simplifying collaboration with suppliers
- Posting invoices to ERP systems faster
Esker was chosen for its wide range of benefits and proven ability to fulfill Arçelik’s all payments objectives. “We are delighted to have been given the opportunity to work with Arçelik as an industry leader in its field. We hope to help assist them, as a trusted advisor in the area of accounts payable improvement, to achieve their required goals and realise all the benefits that are possible”, commented Dan Weston, Export Account Manager at Esker.
About Arçelik
Founded in 1955 Arçelik has operations in the durable consumer goods industry with production, marketing and after-sales services. Arçelik offers products and services around the world with 30,000+ employees, 23 different production facilities, 35 sales and marketing companies all over the world and its 12 brands serving products and services in more than 146 countries. For more information: http://www.arcelikglobal.com/en/.
About Esker
Esker is a worldwide leader in cloud-based document process automation software. Esker solutions help organisations of all sizes to improve efficiencies, accuracy, visibility and costs associated with business processes. Esker provides on-demand and on-premises software to automate accounts payable, order processing, accounts receivable, purchasing and more.
Founded in 1985, Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France and U.S. headquarters in Madison, Wisconsin. In 2017, Esker generated 76.1 million euros in total sales revenue. For more information on Esker and its solutions, visit https://www.esker.co.uk. Follow Esker on LinkedIn at Esker – Northern Europe, or on Twitter at @EskerNEurope and join the conversation on the Esker blog.