Esker Blog
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During times of significant disruption and uncertainty, it’s essential for organisations to maintain business process efficiency as well as communication with customers and team members, especially when it comes to accounts receivable (AR).Today’s workforce is becoming increasingly remote, and…
Earth Day is an important day at Esker. Reducing waste and paper use within businesses is something we feel passionate about — for both our customers and our planet. By automating business processes, organisations can almost completely eliminate the need for paper. It’s a win-win for both…
Why is it important for financial institutions to achieve sustainability (ESG) and a positive-sum growth with the help of service providers? Worldwide disparities and financial instability are now more widely recognised due to the difficulties brought on by the global pandemic and recent…
Many of today’s customer service (CS) teams are making do with tedious processes that still consist of emailing PDFs and other customer inquiries back and forth within the organisation to be opened, read and manually re-entered. The average CS team receives thousands of customer orders, inquiries,…
Providing affordable financing options to suppliers is a win-win strategy for your organisation — more cash for them, less risk for you. But until SaaS vendors and their platforms emerged as major players in the supply chain finance industry, supplier financing programs were traditionally the…
There are an infinite number of KPIs an AP department can track. And that’s part of the problem … more is not necessarily better. It’s a typical “quality over quantity” situation. Just like a doctor measures only a handful of vital signs, you too should focus your insights on a select group of KPIs…
Change. Change is a word that strikes fear into the hearts of some people. Change can be difficult, but it doesn’t have to be. Often times companies look at a process as a “one and done” for design and don’t re-evaluate their options unless there is no other option but to modify the…
Do you practice gratefulness? If you think about it, it is easy to find things to be grateful for, no matter how small or insignificant they might seem: lunch with nice colleagues, friends with pools (especially on hot summer weekends), and pets that give you love and comfort.At Esker, one rather…
After years of supplier shortages, demand fluctuations, increased operating costs and liquidity pinches, supply chain leaders face a crossroads — either maintain the status quo and hope for the best, or reevaluate their business model to ensure they can weather the next storm.Under “…
Our U.S. Chief Operation Officer, Steve Smith, is a member of the Forbes Business Council where this article was originally published.Since the earliest days of the Industrial Revolution, humans have feared machines taking over their jobs. One can argue that mechanisation erased some jobs…
Our U.S. Chief Operation Officer, Steve Smith, is a member of the the Forbes Business Council where this article was originally published.Human resources, accounting, IT and customer service are often referred to in the enterprise as cost centers because, as the term implies, they…
Esker is thrilled to announce we’ve been named a Challenger in the 2022 Gartner® Magic Quadrant™ for Integrated Invoice-to-Cash applications.The climate of uncertainty of the past couple of years has not only significantly accelerated the digital transformation of financial processes…
As finance departments evolve, finance leaders need to be skilled in measuring what’s working and what’s not. The higher level of insight into the effectiveness and efficiency levels of their finance operations, such as accounts payable (AP), the easier it is to identify areas of improvement.…
Is your accounts payable (AP) department being tasked to better monitor, track and improve key performance indicators (KPIs)?The Accounts Payable (AP) department is becoming one of the central drivers of business profitability, and keeping track of metrics is important for guiding your decision-…
Stay informed about the ever-changing e-invoicing market! With Esker’s AI‑driven process automation solutions, staying compliant is simpleCOUNTRY UPDATESEUROPEEUROPEAN UNION – On March 10, 2022, the European Parliament adopted a resolution that includes recommendations to harmonise EU-wide e-…
Inefficiency has always been a challenge for the accounts payable (AP) function. But the disruption caused by the shift to remote working has exposed and exacerbated shortcomings in the way that AP departments operate. As a result, AP staff are working longer hours. It’s harder for AP departments…