Cloud solutions for the banking industry
AI-driven tools to improve cashflow, decision-making & key business relationships
The win-win benefits of Esker solutions embedded in treasury services
Both customers and financial institutions can benefit from deeper technology integrations:
Integrate multiple billing/approval/payment processes into one, receive and send invoices electronically with access to a variety of payment options
Capture insights from payables and receivables processing in dedicated dashboards that that can be leveraged by treasury teams in their decision-making — this can help implement strategies to reduce DSO, optimize DPO and gain greater clarity on cash forecasts
Reduce time spent in preparing key business actions such as vendor payments,with pre-built payment runs and auto-payment of recurring, pre-approved expenses
Support the adoption of novel payment methods such as virtual cards through easy-to-use and value-added payment features
Automate reconciliation from payments received and reduce DSO, with instant sync to cash positions and recent payment activity
Optimize IT resources requirements with simpler implementations and pre-built,pre-tested connectors
- Based on a recent Gartner CIO survey
Enhance the value of integrated receivables solutions to your customers
Improved accuracy and reduced errors: AI driven automation reduces the likelihood of manual errors in invoicing and payment processing.
Greater efficiency: Accurate invoices lead to quicker approvals and payments, consequently reducing DSO.
Real-time visibility: Intuitive dashboards provide real-time visibility into the status of invoices and payments. This transparency allows finance leadership teams to identify potential issues early, enabling quicker resolution and minimizing delays in cash collection.
Workflow collaboration: Automation streamlines the end-to-end AR process, eliminating bottlenecks and inefficiencies — ensuring invoices move swiftly through the approval and payment process.
reduction in processing time
of auto-allocation objective achieved by 6-month mark
decrease of unallocated cash at month-end
Partner focus
Partners such as financial institutions can now achieve up to 43% overall efficiency improvement by augmenting their own suite of solutions through white-labeling or OEM’ing modern cloud platforms and specific process automation solutions like those offered by Esker. Financial institutions become one-stop-shop for cash infrastructure and cash optimization services.
Many company–partner relationships tend fizzle out as soon as the handshaking and contract-signing have wrapped up. Not with Esker. Our goal is to provide you with an abundance of marketing resources, sales tools and support so that you can bring Esker solutions to market as successfully and self-sufficiently as possible.
"Esker’s AI technology automatically captures data from supporting claim documents, saving our team a lot of time and effort. This has also allowed us to guarantee excellent service to our customers by immediately managing the information sent to us."
Our partners
- Coming Soon