Esker’s AI-driven process automation solutions have been helping many organisations manage their Accounts Payable (AP) invoicing process holistically. Backed by its decade-long experience in global AP automation in the cloud and commitment to helping companies digitally transform their AP processes, Esker was recognised as a Market Leader, for the second consecutive year, in the 2021 ePayables Technology Advisor research report from Ardent Partners, a research and advisory firm that specialises in procurement, fintech, and HR industries. Ardent highlighted that companies of any size running SAP or multiple ERP systems operating globally and have significant reporting needs can rely on Esker for their AP transformation. 

Recently, Esker has achieved another milestone to cater to the SAP ecosystem with its Accounts Payable Automation and Order Management automation solutions being available on SAP Store, the online marketplace where customers around the world can discover, try, buy, and renew solutions from SAP and its trusted partners. By being on SAP Store, Esker further expands its global market reach that currently spans across North America, Latin America, Europe, and the Asia Pacific as well as enhance the customer experience.

Catherine Dupuy-Holdich, Senior Product Manager at Esker, said:

“We are pleased that our solutions are available on SAP Store, enabling businesses to easily discover and purchase them. This will enable us to expand our reach within the SAP ecosystem, to deliver better results to our customers and accelerate their digital transformation.”

Accounts Payable Automation Solution for the SAP Ecosystem

Esker’s Order Management and Accounts Payable automation software now adds to the 1,800 solutions from SAP and its partners on SAP Store available for customers worldwide. This latest development came a few months after the solutions’ SAP ICC certification, which reaffirms Esker’s capability to deliver projects that meet SAP’s quality requirements and standards. Moreover, the certification assures that Esker can help customers maximise their SAP investments since the solutions not only can be integrated with SAP S/4HANA Cloud software but can also be compatible with future upgrades.

“Today, it is no longer enough to say that a solution integrates with SAP technology, it must be able to demonstrate the impact of that integration,” said Aurélien Coq, Product Manager at Esker. “At a time when companies are increasingly sensitive to the way their data is processed, this certification helps to assure customers of the highest quality and expertise.”

Through over 15 years of partnership with SAP, Esker has been developing AI-driven technologies and automating the order-to-cash and procure-to-pay cycles. Coq emphasised that the latest collaboration with the German software enterprise assures Esker’s customers that they will receive robust support whenever they are ready to migrate to SAP S/4HANA Cloud.

Amidst the challenges of the pandemic, Esker has seen a business recovery in the latter part of 2020 with the increasing traffic from its existing customer base. The company has achieved an 8{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} increase in sales revenue versus 2019, a 13{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} increase in the workforce to reach 764 employees worldwide and is optimistic of 2021.

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Background

PanAust, a copper and gold producer in Laos with pre-development opportunities in Laos, Papua New Guinea, Myanmar, and Chile, partnered with Esker for its digital transformation with the implementation of modern back-office and mining systems. The Brisbane-headquartered company also established a Transactional Shared Service Centre in Laos as part of the process where the accounts payable (AP) team processes over 5,000 invoices per month. With a focus on business improvement and a desire to transition to paperless processing, PanAust sought an automated solution that would significantly streamline invoice processing.

Solution

PanAust tapped Esker, a worldwide leader in AI-driven back-office automation, for its Accounts Payable automation solution. The solution was chosen for its ease of use, stability, features, bandwidth requirements, reputation and certified integration with SAP, facilitating rapid implementation and reducing total cost of ownership.

As part of the project, Esker traveled to Vientiane, Laos, to determine PanAust’s specific solution requirements. After doing so, training sessions with members of PanAust’s Transaction Services Centre were held in PanAust’s head office in Brisbane, Australia, for Esker’s AP solution to be disseminated in a bottom-up and top-down manner. This facilitated the solution’s rapid and seamless adoption within the organization. Esker’s solution, which uses AI-based data extraction technology to process and archive invoices digitally, enables the Transactional Services Centre to bookmark invoices until goods are received. At that point, the team is automatically notified and able to process the invoice

About PanAust

Industry: Oil, Gas, Mining

ERP: SAP system

Solution: Accounts Payable

PanAust is an Australian incorporated company owned by Guangdong Rising H.K. (Holding) Limited which is a wholly-owned subsidiary of Guangdong Rising Assets Management Co. Ltd. (GRAM). The company is focused on a sustainable business model for production and sale of copper and gold, delivery of production goals, and astute, responsible growth.

PanAust‘s corporate office in Brisbane Australia provides leadership and support across the Group concerning strategy, financial management, commercial and technical services, risk management, sustainability, corporate communications, human resources, governance, and reporting.

The copper and gold producer enterprise is structured into two business units PanAust Asia and Project Development, wherein the PanAust Asia business unit takes the responsibility for operations in Laos and for supporting the implementation of business development strategies within Laos and the region.

Download the Case Study here.

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