Top Image Systems to Showcase its Next Generation Accounts Payable Automation Solution at the Accounts Payable & Procure-to-P...
October 25 2016 - 9:00AM
Top Image Systems, Ltd. (NASDAQ:TISA), a global innovator of
intelligent content processing solutions, announced today that
building on its global installed base of customers processing more
than 260 million invoices annually, the Company will be showcasing
its next generation accounts payable solution at the APP2P
Conference in Las Vegas. Attended by over 550 financial
operations professionals, the Conference provides an ideal forum
for further increasing visibility for the Company’s end-to-end
accounts payable solutions that deliver powerful data extraction
and validation, workflow, mobile capabilities and flexible
deployment options.
SAP-certified integration with SAP NetWeaver®
running on the SAP HANA® platform delivers an end-to-end automated
invoice processing solution seamlessly integrated inside the SAP
application itself. This means AP staff has a single point of
access within a familiar interface to manage supplier invoices from
the stage of invoice capture and through extraction, validation,
matching, automatic posting, exceptions resolution, approval and
payment, as well as to access real-time reports that identify
process bottlenecks and monitor performance.
The cloud-based accounts payable automation
solution is designed for organizations that plan to migrate to
cloud ERP or to implement a hybrid cloud solution where supplier
invoices are captured in the cloud and integrated with on-premise
ERP platforms. The cloud-based accounts payable solution
includes capture, extraction, validation and matching of data,
automated posting, data completion, invoice validation, approval
and payment, all coupled with a highly scalable cloud-based archive
that provides instant access with state-of-the-art cybersecurity to
purchase orders and related documents.
“Accounts payable automation has become a
strategic investment priority for enterprises to reduce transaction
costs, facilitate supplier discounts, identify spending patterns
and maximize returns on invested capital,” commented Brendan Reidy,
President, Top Image Systems. “In today’s intensely competitive
business climate, organizations are required to do more with
fewer resources. Our accounts payable solutions are
designed to provide flexible on-premise, hybrid and public cloud
deployment options that enable organizations to work the way they
want to work.”
Visit us at the APP2P Conference in booth #515
to learn more about our end-to-end accounts payable automation —
on-premise and in the cloud. Find out more about our
automated accounts payable solutions on our website at
https://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
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.
Company Contact:
Shelli Zargary
Director of Corporate Marketing and Investor Relations
shelli.zargary@topimagesystems.com
+972 3 767 9114
Investors:
James Carbonara
Regional Vice President, Hayden IR
james@haydenir.com
+ 1 646 755 7412
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