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Top Image Systems Introduces eFLOW Ability
Top Image Systems, Ltd., innovator of Data Capture solutions, introduced the eFLOW Ability, a new integrated module into SAP systems for automated parking, approval and posting of invoices and any other document within SAP systems.
Top Image Systems (TIS) provides automated data capture solutions that improve enterprise business processes. eFLOW Unified Content Platform, TIS' leading software solution, integrates data from multiple sources and of different types, such as invoices, freight and shipping bills, purchase orders and others. TIS' solutions seamlessly deliver the extracted data to enterprise applications such as document and content management, ERP or CRM.
In addition to a seamless integration into SAP systems, eFLOW Ability offers a complete SAP-oriented business workflow and Accounts Payable and Accounts Receivable document processing, approval, and validation solution. This allows for an automated financial capture solution for invoices and purchase orders. Once an invoice is captured and automatically recognized, both the image and the extracted content are transferred to SAP R/3, verified against existing information, parked and sent through an inclusive yet specific approval for payment process. Utilizing a unique web server, non-SAP users may access the system and take part in the approval process of any invoice. The result is an open system with less bottlenecks and delays in critical processes.
eFLOW Ability is based on TIS' leading software, eFLOW Unified Content Platform, an end-to-end solution that streamlines the entire flow of information in organizations. eFLOW platform provides customers with a complete originally designed platform to handle any kind of document in any format from any source. eFLOW Ability adds an enhanced component to this solution.
eFLOW Ability is a result of a successful cooperation between TIS and KPS-concepts, a German-based company specialized in the development and integration of SAP business workflow solutions. The ability to seamlessly integrate into SAP R/3 creates a high-performance product line that companies can utilize to increase productivity, enhance the precision of entries and optimize cash management.
eFLOW Ability empowers users to streamline and accelerate the processing of invoices and any other document, take advantage of efficient accounts receivable and accounts payable management, eliminate periodic posting peaks, reduce errors and increase financial reporting accuracy and transparency.
Ido Schechter, CEO of Top Image Systems, commented, "In the past months, we have carefully analyzed the market situation and the potential for our products. We identified a growing demand for a SAP-based complete solution which integrates data capture with financial workflow systems. In KPS-concepts, TIS has found a strong partner with extensive SAP experience. Through this integration, SAP users are able to continue working with the familiar SAP environment while having access to the scanned documents and all the necessary extracted information. This integration fits well with TIS' long-term strategy, to achieve connectivity between the eFLOW platform and leading enterprise management applications and expand the solution we offer to our customers". 02.11.2005, Top Image Systems, Ltd.
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