PLANO, Texas and LAS VEGAS, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (NASDAQ:TISA), a global innovator of intelligent content processing solutions, announced today that the company is showcasing its next-generation accounts payable automation solution for SAP at the SAP Financials 2018 Conference, the premier conference for finance professionals.
Attended by finance professionals globally, the conference provides an ideal forum for further increasing visibility for the company’s end-to-end accounts payable automation solution.
eFLOW® AP is an SAP-certified, end-to-end automated invoice processing solution suite that works within the environment familiar to users of SAP software, providing a single point of processing and 360-degree visibility into invoices and related data. This helps finance organizations to lower transaction costs, while also providing real-time reporting and analytics to improve operational performance, optimize cash flow, and support compliance, control, and security.
Accounts payable staff gains a single point of access within a familiar interface to manage supplier invoices from invoice capture through extraction, validation, matching, automatic posting, exceptions resolution, approval, and payment, as well as access to real-time reports that identify process bottlenecks and monitor performance.
“Our SAP accounts payable solution is designed to provide our customers with a user experience familiar to SAP users, which speeds up user acceptance and cuts down on implementation and training costs,” commented Brendan Reidy, CEO of Top Image Systems. “Our solution is proven to reduce transaction costs, facilitate supplier discounts, identify spending patterns, and maximize returns on invested capital.”
Visit us at the SAP Financials Conference in booth #220 to learn more about our end-to-end accounts payable automation solution for SAP, and join us for our Impact 20 presentation, February 12th at 11:45 a.m. in the SAP Financials presentation theater.
Find out more about our automated accounts payable solutions on our website at http://www.topimagesystems.com/
About Top Image Systems
Top Image Systems™ (TIS™) Ltd. is a global innovator of on-premise and cloud-based applications that optimize content-driven business processes such as procure to pay operations, remittance processing, integrated receivables, customer response management and more. Whether originating from mobile, electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications, transforming information entering an organization into useful and accessible electronic data, delivering it directly and efficiently to the relevant business system or person for action with as little manual handling as possible. TIS’ solutions are marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners. Visit the company's website at https://www.topimagesystems.com/ for more information.
Top Image Systems 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.
Contacts:
TIS Company Contact:
Camille Womack, Director of Corporate Marketing
Camille.womack@topimagesystems.com (214) 256-4600
TIS Investors Contact:
James Carbonara, Regional Vice President, Hayden IR
james@haydenir.com + 1 646 755 7412