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Esker Signs $300,000 Agreement with Leading Asian Airline

MADISON, Wis.--(BUSINESS WIRE)-- Esker, a worldwide leader in document process automation solutions, announced today that it has signed an agreement worth approximately $300,000 with one of Asia’s foremost airlines to implement end-to-end vendor invoice automation. As the first cloud-based solution to be deployed at the company, the Esker Accounts Payable on Demand solution will deliver improved process and business efficiencies.

As part of its commitment to continuous improvement and being a pioneering technology adopter, the airline was looking to optimize document processes and automate accounts payable. Its priority was to implement an on-demand automation solution that could seamlessly integrate with its ERP, require little to no resources on their end, had a solid track record with other regional customers involved in shared services, and featured a template-free recognition technology capable of identifying content from different invoice formats. Esker met the company’s detailed criteria and will begin implementing the solution immediately, with plans for project delivery in early 2013.

“Winning this project is significant for Esker to further establish our presence in the Asian region, particularly with a company that is so committed to innovation and customer satisfaction,” said Jean-Michel Bérard, CEO at Esker. “This is a perfect example of how Esker cloud technology helps growing enterprises meet their global accounts payable processing requirements.”

About Esker

Esker is the worldwide leader in document process automation solutions. Addressing all types of business processes from accounts payable and accounts receivable to sales 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.

With 36 million euros in sales revenue in 2011, Esker operates in North America, Europe and Asia Pacific with global headquarters in Lyon, France and U.S. headquarters in Madison, Wisconsin. Esker is listed on the NYSE Alternext in Paris (Code ISIN FR0000035818). For more information, visit www.esker.com. Follow Esker on Twitter at twitter.com/eskerinc and join the conversation on the Esker blog at www.quitpaper.com.

© 2012 Esker S.A. All rights reserved. Esker and the Esker logo are trademarks, registered trademarks or service marks of Esker S.A. in the United States and other countries. All other trademarks are the property of their respective owners.

Corporate Contact:
Esker Inc.
Renee Thomas, 608.828.6140
renee.thomas@esker.com
or
Investor Relations Contact:
Esker S.A.
Emmanuel Olivier, 33 (0)4 72 83 46 46
olivier@esker.fr

Source: Esker