By Brian Dirking on Dec 19, 2011
See how ESCO automates accounts payable in this video and case study by our partners ImageSource. This post is a follow-up to our week of accounts payable postings last week and our webinar Optimize Accounts
Payable Through Automated Invoice Processing.This post is guest blog from Debbie Horton of ImageSource.
ESCO is a leading independent, global developer and manufacturer of highly engineered wear and replacement products used in resource mining, infrastructure, power generation, aerospace and industrial applications that are essential to the productivity of its customers' machines. ESCO has optimized their Accounts Payable department and automated much of the invoice processing tasks they need to perform on a daily basis by using Oracle WebCenter. Leveraging WebCenter's invoice processing solution, ESCO was able to increase the number of invoices they process annually, while reducing resources to do so, adding to the overall ROI they are benefiting from by using Oracle WebCenter. A majority of ESCO's invoices now go through their AP process with no manual intervention. Oracle WebCenter extracts the necessary information from their invoices and automates the data entry into their Oracle E-Business Suite Financial application.