How Does Your AP Department Stack Up?Results of IOFM’s 2013 AP Automation Study

Presented by:Mark Brousseau

Brousseau & Associates

Julie MaiEsker

Julie Mai

Julie’s 20+ years of experience has included working with companies in all facets of document automation — from the early days of faxes moving from thermal paper to plain paper, to medical facilities looking to automate medical records, to companies looking to streamline and automate order-to-cash and procure-to-pay processes.

Working with Esker the past 5 years, Julie’s primary focus has been helping customers “Quit Paper” and move to solutions that add functionality and visibility to their environment while decreasing the overall cost of completing these processes.

Mark Brousseau

Mark Brousseau is a noted marketer, analyst, speaker and writer, with more than 21 years of experience advising leading providers of payments and document automation solutions.

Brousseau is President of Brousseau & Associates, a full-service strategic marketing and business development firm based in York, PA. With the largest client base of any independent firm specializing in the payments and document automation arenas, Brousseau & Associates counts among its clients many top solutions and services providers.

Introduction — Join the Conversation!

• Webinar hashtag: #quitpaper• Be sure to follow: @EskerInc

About Esker

• Esker helps organizations around the world Quit Paper™ by offering solutions (on-demand or on-premises) to automate virtually any manual document process.– Global headquarters in Lyon, France– In business for 28 years– In “the cloud” for 8 years – 290 employees– Distributors in over 50 countries– 4,500+ SaaS-based customers – 50,000+ SaaS-based users

Business Runs on Documents

Agenda

• Survey Overview• About the Respondents• Survey Results• Conclusion• Q & A

SURVEY OVERVIEW

How Does Your AP Department Stack Up?

Survey Overview

Key questions to answer:• Numbers of invoices processed per month?• Level of AP automation in invoice processing? • Awareness of cloud solutions among AP professionals?• Prevalence of cloud solutions in AP departments?• Key obstacles in deploying cloud solutions?• Primary challenges in deploying AP automation?• What, exactly, are the key trends?

Survey Methodology

• Online survey

• Survey presented to thousands of AP professionals– About 120 respondents completed the survey

• Approximately two dozen questions– Most could be answered with a single click

• Respondents were given several weeks to take survey

ABOUT THE RESPONDENTSHow Does Your AP Department Stack Up?

About the Respondents

15%

75%

2%

8%

1%

What is your job title or function?

AP Practitioner

AP Supervisor/Director/Manager

CFO

Controller

Purchasing

About the Respondents

12%

12%

11%

8%19%

9%

15%

15%

What is your company’s annual revenue?

<$10 Million$10 Million to $24.9 Million$25 Million to $49.9 Million$50 Million to $99.9 Million$100 Million to $499.9 Million$500 Million to $999.9 Million$1 Billion to $3 Billion>$3 Billion

About the Respondents

29%

71%

What is your company’s industry?

ManufacturingNonmanufacturing

About the Respondents

25%

21%

14%

11%

11%

17%

How many total invoices does your company process per month?

1 to 9991,000 to 2,4992,500 to 4,9995,000 to 9,99910,000 to 24,99925,000 & over

SURVEY RESULTSHow Does Your AP Department Stack Up?

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