LifeNet Health Enhances AP Invoicing Process Using Esker’s Cloud-Based Automation Solution

Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing, today announced that LifeNet Health, a global leader in regenerative medicine, is automating its accounts payable (AP) invoicing process. Esker’s cloud-based AP solution is integrated with the company’s SAP® software system.

Today, the majority of LifeNet Health’s AP invoices and check requests go through Esker’s automated solution, including partner invoices, which are managed through a separate queue and dashboard. Prior to Esker, LifeNet Health’s approval process had manual bottlenecks, creating opportunities for enhanced efficiency and visibility.

Benefits of automated accounts payable
LifeNet Health has a significantly more efficient and sustainable process in place for managing AP invoices thanks to its implementation of Esker. Aside from the added visibility of knowing where invoices are and being able to manage them accordingly, another key benefit has been Esker’s compatibility with SAP. Because all invoice-related data is linked to SAP for general accessibility and auditing purposes, LifeNet Health has seen some significant time savings.

“We have a lot of invoices for materials that have to be qualified and meet certain specifications,” said Ashley Walter, Assistant Corporate Controller at LifeNet Health. “Previously, the invoices would be set aside during the qualification process, and staff would then have to keep checking other reports to see the status. Now, Esker does a nightly check with SAP, and the staff gets an alert when it’s available. That type of insight has really been invaluable.”

Read full press release here.

Esker UK

Esker helps organisations eliminate paper and improve business processes by integrating on-premise and on-demand document automation with applications — for higher efficiency in sales order processing, invoicing, accounts payable and purchasing to shorten order-to-cash and procure-to-pay cycles.

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