The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. Every year, SIIA hosts their CODiE Awards where they recognize companies within Education, Software and Content technology categories for their dedication to advancing the market in innovation, vision and overall industry impact.
This year, Esker’s Accounts Payable and Accounts Receivable Automation Solutions were selected as a finalist for the Best Financial Management Solution Award category. This category is defined by the SIIA as “Recognizing the best software solution that automates business accounting and money management including accounts payable/receivable, general ledger, budgeting, resource allocation, reporting, and more”.
Esker’s Accounts Payable and Accounts Receivable Automation Solutions
Esker’s Accounts Payable solution optimizes the process of data entry and approval through the use of intelligent capture, touchless processing and electronic workflow capabilities, helping companies save time and costs while improving supplier relationships. Esker’s Accounts Receivable solution allows companies to fully automate the delivery and archiving of paper and electronic invoices in compliance with worldwide regulations, while leveraging a customer portal and collections tools to enhance customer communication and more effectively manage the entire AR workflow.
“Having our Accounts Payable and Accounts Receivable solutions recognized by SIIA is a tremendous honor for our company, and a testament to all that Esker has invested into making our products unique and beneficial,” said Steve Smith, U.S. Chief Operating Officer at Esker Americas. “Effective management of financial documents is critical for today’s organizations, and we’re thrilled to be identified as one of the primary leaders in this area of expertise.”
How to Kick your Paper Habit in AP
Whoever coined the phrase old habits die hard must have worked in accounts payable (AP). Today, AP remains inundated with paper as other areas of life and business go electronic. A recent study found that paper-based invoices still make up 90% of total invoice volume for a majority of AP departments.
The cost of supporting this habit is a steep one. Not only does it prevent assurance of prompt and accurate payments, it fails to set your business apart from competitors. Discover the 12 Steps to Kick Your Paper Habit in this Guidebook.
The Worst Practices in Accounts Receivable
Raise a hand if your accounts receivable (AR) process is bad. Like just-thinking-about-it-gives-you-a-headache kind of bad. Sound familiar?
OK maybe it’s not all doom and gloom but — take it from us — if you process customer invoices manually, there’s a good chance you’re in the throes of some pretty awful AR practices.
This guidebook on the 7 worst practices in AR helps you identify those wrongs and how to make them right.
A big thank you to SIIA for recognizing Esker’s AP and AR Automation Solutions as a finalist for the 2015 CODiE Awards!