Madison, Wis.—April 9, 2013—Esker, a global document process automation solutions services provider, signed a $700,000+ agreement with Malaysia Airlines to automate vendor invoices into the company’s new SAP system via the Esker automated Accounts Payable (AP) solution.
“In this fast-paced global environment, it is important for us to rely on the best solution so that our internal or external customer will have a seamless operation/transaction,” said Mohd Sukri Husin, Director of Corporate Services, Malaysia Airlines. “We are delighted to partner with Esker to automate and streamline our invoice processing function. We firmly believe that Esker can integrate in enhancing speed and accuracy in invoice automation and addressing our business goals.”
Following its recent implementation of SAP, Malaysia Airlines pursued a solution that could automate the processing of its vendor invoices. With over 28,000 monthly invoices (increasing at approximately five percent annually), the ultimate goal of the initiative was to reduce operational costs; improve visibility and efficiency; and eliminate late payments.
The solution required by Malaysia Airlines first had to meet a number of stringent requirements, including the capacity to handle its growing global invoicing needs; and the ability to seamlessly integrate with its future plans of setting up a shared services center.
Esker’s flexible workflow functions outside SAP as well as its on-demand and on-premise global deployment helped secure the five-year contract with Malaysia Airlines.
“We are extremely pleased to have been selected to provide end-to-end vendor invoice automation for such a significant and pioneering company,” said Jean-Michel Bérard, Chief Executive Officer at Esker. “By implementing our AP automation solution, Malaysia Airlines can expect to benefit from numerous strategic business advantages, including better integration to financial systems, stronger financial controls, strengthened supplier relations and improved cash flow visibility.”
Malaysia Airlines will begin implementation of the Esker solution immediately, with project delivery slated for mid-2013.