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 well-known independent research and advisory firm hosts the PayStream Advisors Innovate Awards each year to recognize 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, 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 applications, has optical character recognition that reads 130 languages, and has a customizable dashboard that allows the adding or removing of key performance indicators and metrics as needed.
“We believe our Purchase-to-Pay automation suite generates added value and profitability for the entire organization,” commented 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.”