MIDDLETON, Wis., Jan. 23, 2020 /PRNewswire-PRWeb/ -- Esker, a
worldwide leader in AI-driven process automation solutions and
pioneer in cloud computing, today announced that Trophy Foods Inc.,
a Canadian manufacturer of nuts and confectionary products, is
automating its accounts payable (AP) process with Esker's AI-driven
Accounts Payable solution.
Trophy Foods turned to Esker for a solution that would
streamline AP processes, eliminate the use of paper, and prepare
the company for future growth. Prior to the company's
implementation of Esker's solution, operations involved manually
routing paper invoices, often leading to inefficiencies and
delays.
With Esker, invoices will be automatically entered into an
electronic workflow — eliminating the manual printing, scanning,
coding and routing activities that had previously been part of
Trophy Food's AP invoicing process. The new solution positions
Trophy Foods to be able to grow top-line sales without increasing
overhead costs. It also enhances internal controls for the company
and improves the auditing process.
Benefits of an AP solution
Trophy Foods selected Esker's cloud-based solution for its
intuitive interface, quick implementation, and ability to meet the
needs of its suppliers and employees. In addition, the company and
its suppliers will see numerous benefits, including:
- Enhanced visibility via customizable dashboards and real-time
metrics
- Faster invoice processing thanks to intelligent data capture
powered by AI technology
- Improved supplier relationships by providing an online portal
with self-service tools and insight into payment status
- Ability to scale with growing invoice volumes without adding
headcount
"Esker was the most turnkey solution for us," said Gordon McKay, Senior Manager for Financial
Planning and Analysis at Trophy Foods. "The solution addressed all
of the issues we wanted to resolve, and the interface seemed
familiar to me, even though I haven't worked with technology like
this previously. Esker was just intuitive to use."
About Trophy Foods Inc.
Trophy Foods Inc. is Canadian owned and operated with over 50
years of experience in serving its customers. Trophy produces
edible nuts, dried fruits, confectionary and bulk foods under both
Trophy and private label brands for all of the leading food
retailers. In an industry dominated by large multinationals, Trophy
has had an impressive track record of growth. Since 1967, it has
separated itself from the competition by supplying a quality
product with every purchase. Trophy's philosophy and business
integrity revolves around quality, value, service and trust, on
which you can always depend. For over 50 years and for 50 more, the
tradition of quality, innovation and always putting its employees
first has fueled and will continue to be the engine that drives
Trophy success. A true Canadian success story proving itself worthy
to compete amongst the best.
About Esker
Esker is a worldwide leader in in AI-driven process automation
software, helping financial and customer service departments
digitally transform their purchase-to-pay (P2P) and order-to-cash
(O2C) cycles. Used by more than 6,000 companies worldwide, Esker's
solutions incorporate technologies like artificial intelligence
(AI) to drive increased productivity, enhanced visibility, reduced
fraud risk, and improved collaboration with customers, suppliers
and internally. Esker operates in North
America, Latin America,
Europe and Asia Pacific with global headquarters in
Lyon, France, and U.S.
headquarters in Madison,
Wisconsin. For more information on Esker and its solutions,
visit http://www.esker.com. Follow Esker on Twitter @EskerInc and
join the conversation on the Esker blog at blog.esker.com.
SOURCE Esker