Welcome!

Artificial Intelligence Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Zakia Bouachraoui, Elizabeth White

News Feed Item

Hijos de Juan de Garay Saves 40% on Invoice Management Using Esker’s SAP® Environment Solution

Esker, a worldwide leader in document process automation solutions, today announced that it is working on a project with Hijos de Juan de Garay to manage the company’s accounts payable (AP) processes, with the goal of streamlining AP for better control and increased visibility.

Hijos de Juan de Garay, based in Guipuzcoa Province of Spain, manufactures components and equipment for the automotive industry. The company processes around 1,000 invoices per month, some that can have as many as 70 line items. Until now, the data capture process was largely paper-based, relying on one full-time employee and one part-time employee to handle all of the manual duties. Managing these invoices made for very stressful and complicated month-end closings.

Results after implementation

Operating in an SAP® environment, the Esker solution is able to: scan the paper invoice; extract the invoice data using OCR technology; review the data using a workflow validation process outside of the SAP system; compare the findings against a master reference list; finalize the information; and enter the accounting record in SAP. The entire process now requires only one employee to approve the invoices, and can then dedicate the rest of his or her time to other value-added administrative functions.

As a result, Hijos de Juan de Garay achieved savings of 40 percent in its invoice management, with the goal of increasing its savings to 70 percent as its validation process becomes more straightforward. These savings are further reflected in zero document loss and reduced management time, which speeds up other administrative processes and optimizes dedicated resources.

“We needed a solution to help us streamline our complex process of managing and approving individual supplier invoices so that we can post them in the SAP accounting system,” said Miguel Antona, Director of IT at Hijos de Juan de Garay.Esker helps us not only by automating our documents, but also by forcing us to improve our document flow management process so we can achieve our target efficiency ratios.”

Paper reduction

In addition, Hijos de Juan de Garay is open to digitizing, and thereby eliminating, all of its paper using Esker’s technology, which is certified in Spain, including the Basque Country. The amount of paper saved due to reduced photocopying of invoices alone is enough to eliminate enough paper in a year to save one tree, 1,291 liters of water, 200 kW of energy, and 124 kg of CO2 emissions.

About Hijos de Juan de Garay

Hijos de Juan de Garay S.A. has a long tradition of technological development that began in the late 19th century. The company specializes in manufacturing three distinct product lines at its plant in Oñate, which include: cold drawn welded precision steel tubing, automotive tubular components, and hot drawn and sized brass bars and shapes.

Its portfolio of products features prominently in automotive and critical industrial applications and is distributed worldwide. Most of the products are custom-made to meet individual client requirements and expectations. Hijos de Juan de Garay is deeply committed to the environment. It uses environmentally-friendly processes and promotes the use of clean technologies.

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.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.