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Esker: Leader in AI-driven invoice automation
Esker has received multiple awards in analyst reports from Forrester and IDC and impresses with advanced AI technology in the source-to-pay solution. Find out more about the latest innovations!
Esker: Leader in AI-driven invoice automation
Esker, a leader in intelligent business process automation, recently announced that it has been recognized in several industry-leading reports. The global player has featured prominently in Forrester and IDC MarketScape reports, reinforcing its position as one of the leading providers of invoice automation solutions. These awards underscore Esker's commitment to innovative technologies that support the CFO function.
One of the standout reports is the Forrester Wave™ on Accounts Payable Automation in Q3 2024. In this comprehensive analysis, Forrester evaluated vendors across 31 criteria and recognized Esker for providing a strong user experience and e-invoicing compliance. According to the report, Esker also plans to integrate an analysis function to calculate the carbon footprint in the invoice receipt process. This commitment to sustainability is accompanied by flexible pricing options and a customized supplier portal that allows suppliers to quickly request payments.
With awards in two IDC MarketScape reports for 2024, which focus on large companies and medium-sized companies, Esker has made another statement about the quality of its technology. This recognition is seen by Catherine Dupuy-Holdich, Product Manager for Source-to-Pay at Esker, as evidence of the high value of the solutions that can increase accuracy and efficiently manage cash flow.
The new, AI-powered features integrated into the Source-to-Pay solution suite significantly improve communication and efficiency. The GenAI agent, included in the Esker Synergy AI platform, provides automated management of supplier requests and streamlines the supplier onboarding process. This saves valuable time for accounts payable teams and strengthens relationships with suppliers.
The IDC MarketScape vendor evaluation model provides an important basis for buyers to analyze the competitiveness of technology and service providers in a given market. Qualitatively and quantitatively sound assessments create a clear picture of each provider's market position, which takes both strengths and weaknesses into account.
Overall, Esker's development shows how integrating modern technology into business processes leads to improved efficiency and effectiveness. These strategic goals have strengthened not only the company itself, but also the services it can offer to its customers.