SPI, the African distributor for utility software products and services to the open systems segment of the IT industry and the southern African reseller for Esker, which positions itself as a leader in document process automation solutions, today announced the latter has been positioned as a leader in the 2023 Gartner Magic Quadrant for Integrated Invoice-to-Cash Applications.
Gartner defines the integrated invoice-to-cash (I2C) applications market as “cloud-based applications that enable CFOs to manage customer invoicing, collections, customer payments and cash applications within an integrated platform”.
“This latest Gartner recognition, which positions Esker as a leader, is, in our opinion, a testament to our team’s hard work to provide efficient, innovative and valuable solutions for our customers,” commented Jean-Michel Bérard, CEO at Esker. “Technology is a driver of change. To support smarter growth strategies, finance leaders must optimise I2C processes since they impact company cashflow, operating capital and customer relationships.”
Esker Synergy AI, the set of technologies powering Esker’s solutions, supports AR teams throughout the I2C process to enhance automation, facilitate decision-making and boost employee and customer experiences.
“Esker is honoured to be recognised as one of the four leaders in this Magic Quadrant,” added Maud Berger, Invoice-to-Cash Product Manager at Esker. “We believe this positioning reflects our ability to bring together modern technologies that drive AR performance to new levels and deliver faster ROI and cash collection.”
Supported by AI technology, Esker’s Accounts Receivable solution suite helps finance departments rethink receivables management to reduce DSO and secure revenue. From credit management, customer invoicing and payment to cash application, claims and deductions and collections management, Esker automates and connects each step of the I2C process to improve overall efficiency, provide visibility over cashflow and elevate the customer experience.
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct.
For further information, please contact Chris Anderson at tel (+27) 11 234 1560; fax (+27) 11 234 1387; e-mail chris@spi.co.za.
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Esker
Esker is a worldwide leader in AI-driven process automation software, helping financial and customer service departments digitally transform their purchase-to-pay (P2P) and order-to-cash (O2C) cycles. Used by more than 6,000 companies worldwide, Esker’s solutions incorporate technologies like artificial intelligence (AI) to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and internally.
SPI
SPI is a company that provides utility software products and services to the Open Systems segment of the IT industry. It is the sub-Saharan Africa distributor for USA-based Innovative Routines; USA-based Help/Systems; USA-based Linoma Software; France-based Esker; and; UK-based OpusVL (ex Xi Software). SPI also develops some of its own software utilities to complement the overseas products that it distributes.
SPI has a wide and varied customer base and includes organisations such as Aspen Pharmacare, Johannesburg Municipality, University of Johannesburg, MMI Holdings, Nampak, National Brands, Stellenbosch University and UNISA.