Esker, a leader in document process automation solutions, recently announced a 21 percent increase in 2011 sales growth of its sales order processing solutions. This upsurge, particularly significant in the United States, confirms the increasing importance of customer orders in business document process automation.

Automated processing is typically associated with customer and vendor invoices; however, the management of customer orders represents a valuable opportunity for today’s businesses. Faced with a multitude of reception modes (e.g., fax, email, postal mail, Web, EDI, etc.), order processing has become more and more complex, despite being a critical process for customer satisfaction, commitment, revenue and competitive advantage.

2011 was an outstanding year for Esker Sales Order Processing automation solutions:

• Sales grew 21% versus 2010 — 28% of which was in the United States
• Strong customer portfolio — BASF, Kimball, Medrad, Siemens, Systagenix and Whirlpool trust Esker to automate their customer orders
• Customers in the medical industry and business-to-business distribution, two sectors significantly impacted by sales order processing, contacted Esker for help managing their customer orders

Benefits of automating customer orders

By eliminating manual data entry, sales order automation delivers an immediate return on investment (ROI):

• Improved order processing: automatic assignment and order creation with fewer errors
• Traceability: visibility of orders waiting to be entered and eradication of lost orders
• Productivity gains: elimination of order entry time
• Improved customer service and SLA compliance: orders processed quicker and according to priority levels; improved delivery times
• Improved cash flow and working capital through accelerated cash receipts
• Decreased document storage costs with electronic archiving

Click here to view the entire Esker press release.

Last week PayStream received a briefing from Esker on their Sales Order Processing solution.  PayStream believes the market is hot for such solutions, as organizations search for innovative ways to streamline customer orders.  Sales Order Processing solutions work to automate every phase of the sales order processing – from the reception of a customer document to the creation of a corresponding sales order in your ERP system.

Stay tuned for more on Sales Order Processing solutions.

Taulia Inc., the market-leading SaaS platform for dynamic discounting, recently announced that the world’s largest online shoe retailer has selected Taulia as its invoice automation and dynamic discounting solution provider.

The online footwear and apparel leader was looking for a solution that would seamlessly integrate into their existing ERP system, increase productivity, lower costs and allow them to capture early payment discounts in exchange for paying their suppliers early. Taulia’s comprehensive platform gives this major online retailer more visibility and control over the invoice approval process while reducing their payment cycles and saving them millions annually.

Bertram Meyer, CEO of Taulia, said “Our platform offers this global organization the flexibility and scalability that is needed as it continues to broaden its product offerings. In addition to lowering operational expenses, the commerce site can look forward to increased organizational efficiencies, instant access to information and an immediate return on investment.”

Taulia’s cloud-based offering is that it is completely free for suppliers to use, ensuring a robust supplier adoption rate. Among its many features, including Supplier Self Services, real time buyer-supplier collaborative messaging and Supplier Information Management (SIM), the web-based solution provides integrated eInvoicing – a particularly valuable asset for organizations looking to reach 100% electronic invoicing.

Click here to view the entire Taulia press release.

To learn more about Taulia’s solution, download a copy of PayStream’s 2013 Dynamic Discount Management: Moving Toward Mainstream report.  The report includes a detailed Taulia profile and case study.

TRADESHIFT recently announced a partnership with Invoiceware International, a provider of Latin America-compliant e-invoicing technology and cloud services.

Guaranteeing compliance, supporting domestic and cross border invoicing, and providing automated three-way match to validate documents — TRADESHIFT and Invoiceware International deliver solutions to the problems Latin American businesses and multinationals face today.

The partnership allows enterprises on the TRADESHIFT platform to take advantage of the validation and compliance technology provided by Invoiceware International. With Latin America being well known for its complex and often intimidating business regulations, the deal signals another great step forward in the right direction for TRADESHIFT and their vision of connecting every business on the planet.

These complex, ever changing rules not only affect companies based in Latin America, but also those multinationals that seek to conduct business in these countries. The TRADESHIFT and Invoiceware International partnership provides a seamless solution by ensuring invoices exchanged with companies in these countries meet and abide by the regulations set forth.

There is a compulsory mandate to use e-invoices in Brazil, Mexico and Argentina with other countries following suit soon. If not compliant, the government can shut down operations, levy significant fines, and raise criminal charges against the management team. The partnership between TRADESHIFT and Invoiceware International is setting the standard for compliance in a region of the world that is strategic to every multinational.

Click here to view the entire Tradeshift press release.

Download PayStream’s 2013 Global Electronic Invoicing: The State of AP Automation Worldwide, to learn more about Tradeshift.  The report includes a detailed Tradeshift profile.

ABBYY, a leading provider of document recognition, document capture, and linguistic technologies and professional services, recently introduced reseller partners to several new company initiatives. Resellers from throughout the U.S., Mexico and Taiwan gathered at ABBYY’s Technology Summit to gain insight into ABBYY’s data capture solution roadmap; discuss new initiatives and learn more about the updated ABBYY partner program. Attendees were also given in-depth overviews on ABBYY’s new mobile capture solution and Invoice Accelerator, as well as enhancements designed to make integration with ECM, ERP and other line-of-business applications easier.

The ABBYY Technology Summit provided opportunities for attendees to learn about the company’s mobile capture solution and new Invoice Accelerator, identifying new revenue prospects for partners. ABBYY’s mobile capture solution allows VARs to extend FlexiCapture functionality by capturing documents with mobile devices, enabling documents to remain in the same workflow and process as if they had been captured using a traditional scanner. Leveraging ABBYY’s mature mobile technology, the mobile capture solution enables VARs to expand their offerings to customers with out-of-the-box mobile solutions. ABBYY’s Invoice Accelerator answers customer demand for invoice capture products with quicker time-to-value. It is optimized to support out-of-the-box data extraction for invoices, regardless of layout. This makes it easier for partners to offer invoice processing services to their customers, creating recurring revenue opportunities.

Click here to view the entire ABBYY press release.

To learn more about ABBYY’s solution, download a complimentary copy of PayStream’s report Healthcare ePayables: Curing Inefficiencies in the Healthcare Payments Market.  The report includes a detailed ABBYY solution profile.