PLANO, Texas, May 08, 2017 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (NASDAQ:TISA), a global innovator of intelligent content processing solutions, today announced that the Company has been selected by CIOReview as one of the 20 Most Promising SAP Solution Providers for 2017. The selection was made on merit following extensive analysis of over 300 companies offering add-ons to SAP solutions. CIOReview published a special edition of the magazine listing the Top Twenty providers best tackling SAP customer challenges and showcasing a profile of Top Image Systems and the company’s comprehensive accounts payable automation offering for SAP.
“We take pride in honoring Top Image Systems, Ltd. among the list of 20 companies that are featured in the SAP special edition published in our May 2017 issue,” said Jeevan George, Managing Editor of CIOReview. “This recognition of Top Image Systems will surely capture attention from companies planning to improve their present-day business processes.”
TIS was chosen as one of the Top Twenty solution providers on the basis of the intuitive user experience and single point of access to the entire accounts payable process from within the familiar SAP environment of our eFLOW AP for SAP solution. Certified for SAP HANA, the eFLOW AP solution extends the company’s proven, powerful data extraction and machine learning technology with integrated workflow approval, streamlined exception resolution, posting and payment, empowering AP processors and Finance teams alike with 360-degree visibility into invoices and related data while also extending access to AP processes via SAP Fiori, other web and mobile apps and email. “We built a single point of access to the entire accounts payable process from within the familiar SAP environment. Finance teams have complete context of every invoice in one screen, and can initiate any action from that screen,” commented Carsten Nelk, CTO of Top Image Systems.
In its twenty-five-year history, Top Image Systems has expedited invoice processing for numerous recognized brands around the globe. The new solution is successfully deployed by existing and new TIS customers and is gaining visibility within the large SAP user community globally. Learn more here: http://sapinsider.wispubs.com/Assets/Webinars/2017/March/how-ap-and-it-become-indispensable-to-the-digitized-sap-organization
“The selection by CIOReview as one of the Twenty Most Promising AP Solution Providers reinforces the value our solution delivers to SAP customers,” commented Brendan Reidy, CEO of TIS. “We are committed to delivering innovative solutions to help Finance teams drive down transaction costs through continuous process improvements as well to providing real-time visibility into their business.”
To view the article in digital magazine format, click here.
About Top Image Systems
Top Image Systems™ (TIS™) Ltd. is a global innovator of on-premise and cloud-based applications that optimize financial process automation, such as procure to pay operations, accounts payable, invoice processing and more. Top Image Systems, Ltd. (TIS) helps businesses compete in the digital economy, where the customer journey begins, progresses and ends in an entirely digital environment. In Finance, this means transforming paper-based, manual processes to end-to-end automated processes that work the way you do—on premise, in the cloud and via mobile—inside of SAP. Visit the company's website at http://www.TopImageSystems.com for more information.
Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as "will," "expects," "anticipates," "estimates," and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.