Thursday, 10th April, 2014

A major European dairy manufacturer has selected Top Image Systems to provide end-to-end AP automation.

The leading European dairy manufacturer has net sales of over $2 billion and 3,500 employees in Europe and North America, servicing retail, the food service and food industry sectors.

The project will entail an end-to-end Accounts Payable Automation system involving capture and workflow optimisation. TIS' solution, (eFLOW INVOICE) operates within multiple ERP environments, including both SAP and JD Edwards. It processes all the supplier invoices in various formats, using a supplier portal to manage electronic invoices in multiple languages and currencies.

Egbert Fischer, General Manager, Central Europe for TIS, said: 

“We look forward to working with this new customer to further automate its Procure-to-Pay processes, leveraging our powerful recognition and classification technologies to maximise their productivity and straight-through processing.”

The dairy producer also expects to reduce costs by earning discounts on early payments.