Laboratorio Varifarma Chooses AP Automation via Esker to Launch Business Advancements

  Laboratorio Varifarma Chooses AP Automation via Esker to Launch Business
  Advancements

Business Wire

MADISON, Wis. -- March 20, 2013

Esker, a recognized authority in document process automation solutions, today
announced it has been selected by Laboratorio Varifarma, an Argentina-based
pharmaceutical company, to fully automate workflow within the company’s
Accounts Payable (AP) process.

The Esker solution, integrated with the Laboratorio Varifarma’s newly adopted
ERP software package (Microsoft Dynamics Great Plains), will streamline vendor
invoicing while putting an efficient workflow in place in order to sustain
future business growth. Prior to implementation of the Esker solution,
Laboratorio Varifarma had a fairly outdated AP processing method that required
three full-time staff members to process 500 paper invoices per month while
maneuvering through a tedious maze of manual touch points.

Actionable plans for improvement

The first step the company took to address these manual AP challenges was
adopting a more modern business solution environment — this was achieved by
recently implementing the ERP software package, Microsoft Dynamics GP. “We
were, and still are, moving to a best practice mindset,” said Fernando Casais,
Finance and Administration Manager at Laboratorio Varifarma. “Implementing
this ERP was a big first step. With Esker, our plans are to go to the next
level.”

The Esker effect

Laboratorio Varifarma’s improvement initiatives also included finding an
automation solution that could integrate with the new ERP and, as the company
expands, allow for continuous efficiency improvements in the vendor invoicing
process and potentially other business document processes down the road. “As a
small but growing company our No. 1 goal is to keep advancing, and the Esker
solution will allow us to do that,” said Casais. “The system’s touchless
processing functionality is something we’re very excited about in terms of
improving the overall efficiency, productivity and simplicity of our process.”

In terms of productivity, Esker’s automation solution will allow staff members
in charge of posting invoices to focus more of their time and attention on
analysis instead of data entry. On the vendor side, Esker’s Web portal will
allow users to easily check the status of their statements online. Casais
added, “It’s really a win-win for everyone. Esker will allow us to minimize
our staff requirements while making life easier on the customer.”

About Laboratorio Varifarma

With two laboratory locations in Buenos Aires, Argentina, Laboratorio
Varifarma is medical-specialties pharmaceutical company with a principal focus
on generic product manufacturing in the field of Oncology. In addition to
Oncology, the company has several other divisions which include: Hematology,
Biotechnology, Medical Technology and Transplant.

About Esker

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 40.3 million euros in sales revenue in 2012, 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 at twitter.com/eskerinc and join the conversation on
the Esker blog at www.quitpaper.com.

© 2013 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.

Contact:

Corporate Contact:
Esker Inc.
Gina Leranth, 608.828.6141
gina.leranth@esker.com
or
Investor Relations Contact:
Esker S.A.
Emmanuel Olivier, 33 (0)4 72 83 46 46
olivier@esker.fr
 
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