MADISON, Wis.--(Esker, a recognized authority in document process automation solutions, today announced it has been selected by Laboratorio Varifarma, an Argentina-based pharmaceutical company, to fully automate workflow within the company’s Accounts Payable (AP) process.)--
“It’s really a win-win for everyone. Esker will allow us to minimize our staff requirements while making life easier on the customer.”
The Esker solution, integrated with the Laboratorio Varifarma’s newly adopted ERP software package (Microsoft Dynamics Great Plains), will streamline vendor invoicing while putting an efficient workflow in place in order to sustain future business growth. Prior to implementation of the Esker solution, Laboratorio Varifarma had a fairly outdated AP processing method that required three full-time staff members to process 500 paper invoices per month while maneuvering through a tedious maze of manual touch points.
Actionable plans for improvement
The first step the company took to address these manual AP challenges was adopting a more modern business solution environment — this was achieved by recently implementing the ERP software package, Microsoft Dynamics GP. “We were, and still are, moving to a best practice mindset,” said Fernando Casais, Finance and Administration Manager at Laboratorio Varifarma. “Implementing this ERP was a big first step. With Esker, our plans are to go to the next level.”
The Esker effect
Laboratorio Varifarma’s improvement initiatives also included finding an automation solution that could integrate with the new ERP and, as the company expands, allow for continuous efficiency improvements in the vendor invoicing process and potentially other business document processes down the road. “As a small but growing company our No. 1 goal is to keep advancing, and the Esker solution will allow us to do that,” said Casais. “The system’s touchless processing functionality is something we’re very excited about in terms of improving the overall efficiency, productivity and simplicity of our process.”
In terms of productivity, Esker’s automation solution will allow staff members in charge of posting invoices to focus more of their time and attention on analysis instead of data entry. On the vendor side, Esker’s Web portal will allow users to easily check the status of their statements online. Casais added, “It’s really a win-win for everyone. Esker will allow us to minimize our staff requirements while making life easier on the customer.”
About Laboratorio Varifarma
With two laboratory locations in Buenos Aires, Argentina, Laboratorio Varifarma is medical-specialties pharmaceutical company with a principal focus on generic product manufacturing in the field of Oncology. In addition to Oncology, the company has several other divisions which include: Hematology, Biotechnology, Medical Technology and Transplant.
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 40.3 million euros in sales revenue in 2012, 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.
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