Esker Named Innovative P2P Technology of the Year Winner by PayStream Advisors

Madison, WI — October 26, 2016 — Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing, today announced its P2P automation solution was awarded Innovative P2P Technology of the Year Award by PayStream Advisors. The renowned independent research and advisory firm hosts the PayStream Advisors Innovate Awards each year to honor innovators in the field of AP and purchasing automation. This year’s awards took place as part of the PayStream Advisors P2P Automation Masters Summit held during the IOFM’s AP&P2P Conference in Las Vegas Oct. 24-26.

PayStream recognizes the top accounts payable (AP), procurement and P2P technologies each year to highlight the leaders in those spaces and to help guide consumers with their purchasing needs.

“Esker has made great strides in improving its P2P offering this year, and we now see it as an ideal tool for organizations looking for a straightforward way to automate basic indirect procurement functions,” said Jimmy LeFever, Director, Research & Consulting, PayStream Advisors.

Esker’s P2P automation suite, which serves 260 customers in 30 countries, was chosen for its flexibility, interoperability and customizable user experience. The P2P suite integrates with more than 30 different enterprise resource planning (ERP) applications, has optical character recognition (OCR) that reads 130 languages, and has a customizable dashboard that allows the adding or removing of key performance indicators (KPIs) and metrics as needed.

“We believe our Purchase-to-Pay automation suite generates added value and profitability for the entire organization,” said Steve Smith, U.S. chief operating officer at Esker. “Our goal is for our customers to have the ability to communicate effectively and efficiently with suppliers to procure high-quality goods and services at the lowest cost and at the right time.”

About Esker

Esker is a worldwide leader in cloud-based document process automation software. Esker solutions help organizations 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. Last year Esker generated 58.5 million euros in total sales revenue. For more information on Esker and its solutions, visit www.esker.com. Follow Esker on Twitter @EskerInc and join the conversation on the Esker blog at blog.esker.com.