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Top Image Systems and Hanse Orga combine to provide Accounts Receivable Solutions

Top Image Systems Ltd. a leading ECM (Enterprise Content Management), BPM (Business Process Management) solutions and MIP (Mobile Imaging Platform) provider, and Hanse Orga, an independent software and consulting firm, have announced their global partnership to offer capture-enabled Accounts Receivable payment processing and related financial solutions for SAP® as well as for other ERP environments.  

First implementation for global automotive supplier

The first implementation was for a leading global automotive supplier. The company receives a great many different remittance advices, many of them rather small with 2-20 invoice items. A solution via business process integration would have been too complicated and costly to handle these remittance advices. Using their  simple OCR solution for the capturing of the data in combination with Hanse Orga’s SAP-integrated FinanceSuite AutoBank Automatic Cash Application, development was minimized, so that an automated remittance advice processing was operational in three countries (Canada, USA, Mexico) after only three months, see figure below:

Accounts Receivable OCR process flow

Source & Copyright©2015 - Hanse Orga .

Four other projects around the world have been approved and are in different phases of deployment.

Remittance processing benefits

TIS and Hanse Orga believe that with this joint approach, customers are able to automate an area of accounts receivable which used to be dominated by manual processes before: the processing of remittance advices that arrive in many different formats such as e-mail, PDF, etc via different channels. These diversified types of remittance advices can now be captured with eFLOW® which automatically extracts, classifies and verifies the information from documents which is then fed directly into the FinanceSuite AutoBank Automatic Cash Application for further processing and automatic matching. 

Using the joint solutions of TIS and Hanse Orga, customers will benefit from significant time and cost savings.

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This item appears in the following sections:
Payments - Receipts
Accounts Receivable Management
Billing Systems & e-Invoicing
Regular Bill Payments from Businesses
Regular Bill Payments from Consumers