Esker Awarded for Excellence in Purchase-to-Pay Transformation by CFO Innovation

Sydney, Australia — January 24, 2019 — Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, today announced it has been awarded an Editors’ Choice Award for Excellence in Purchase-to-Pay Transformation by CFO Innovation. Esker was nominated by its customer Luxasia, who, thanks to Esker’s Purchase-to-Pay (P2P) solution, has successfully increased P2P efficiency at its shared services center in Malaysia.

The CFO Innovation Awards, inaugurated in 2012, recognises Asia’s leaders in all aspects of financial management. Nominated and voted on by the readers of CFO Innovation, the awards provide an opportunity to celebrate excellence with hundreds of leading CFOs and their partner suppliers. Its Editors’ Choice Awards distinguish well-executed projects carried out by a finance department in collaboration with service providers.

Esker’s cloud-based, AI-powered platform spans the entire P2P process, equipping finance departments with the speed, strategy, and support they need to improve purchasing and vendor decisions.

“We are very proud to be recognised as a leading P2P solution provider and to have been nominated by our customer Luxasia,” said Jean-Michel Bérard, Chief Operating Officer at Esker. “The CFO Innovation Awards are increasingly competitive, so being awarded an Editors’ Choice Award validates our success as a pioneer in digital transformation. With our P2P automation solution we strive to bring organisations around the world greater efficiency, accuracy, visibility and cost savings.”

Following Esker’s P2P solution implementation, Luxasia has achieved numerous benefits, including:

• 100-percent visibility with customisable dashboards and real-time metrics
• 80-percent reduction in paper use
• Cost savings and increased productivity
• Improved customer and vendor communication
• On-the-go invoice and purchase requisition review and approval capabilities

About CFO Innovation

CFO Innovation is the only online publication exclusively for top-level finance managers in the corporate sector in Asia and China. They provide Asia's senior finance managers with news, analysis, best practices, insights, case studies and innovative strategies to enable them to keep their companies’ financial management and teams competitive in a changing world. CFO Innovation also organises conferences in Hong Kong, Singapore, Bangkok, Jakarta, Kuala Lumpur and Manila, and honors outstanding finance professionals and service providers in the annual CFO Innovation Awards.

About Esker

Esker is a worldwide leader in document process automation solutions. Addressing all types of business processes from accounts payable and accounts receivable to order processing and procurement, Esker cloud computing solutions enable companies to automate the reception, processing and sending of any business document with one platform. Esker helps over 80,000 companies across the world to reduce the use of paper and eliminate manual processes while improving their productivity, efficiency and environmental impact.

Esker has global headquarters in Lyon, France, U.S. headquarters in Madison, Wisconsin, and ANZ headquarters in Sydney (since 1997). Over 1,800 companies in Australia and New Zealand rely on Esker solutions to run their businesses. For more information, visit http://www.esker.com.au follow us at twitter.com/EskerANZ and read our blog on http://blog.esker.com.au/