|[December 18, 2012]
Hijos de Juan de Garay Saves 40% on Invoice Management Using Esker's SAP® Environment Solution
MADISON, Wis. --(Business Wire)--
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
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 (News - Alert) 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 (News - Alert) 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
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."
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
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.
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 (News - Alert) 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.
[ Back To TMCnet.com's Homepage ]