Esker and DataBank Partner to Drive Digital Transformation Through P2P & O2C Automation
Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, and DataBank, North America’s leading business processing provider, today announced a strategic partnership to offer Esker’s Procure-to-Pay (P2P) and Order-to-Cash (O2C) solutions to support the acceleration of digital transformation.
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With existing capabilities to digitize, extract, and index data from digital and physical documents, DataBank was looking for a partner that could help further automate the accounts payable (AP) process. Esker’s AI and machine learning capabilities complement DataBank’s business processing automation portfolio, providing DataBank a comprehensive end-to-end solution to deploy with customers.
Through this partnership, DataBank will implement and support Esker’s entire P2P and O2C suite by leveraging DataBank’s professional services teams, business process automation (BPA) operation centers and Esker’s suite of solutions. By joining forces, the providers will empower customers to improve their end-to-end cash conversion cycles.
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With Esker and DataBank’s collaboration, end-users will have the ability to leverage technology to accurately and efficiently process and validate data across the entire cash conversion cycle, allowing them to quickly scale, gain greater process visibility and improve cash flow.
Esker’s cloud-based architecture collects semi-structured data from documents, then validates, approves and seamlessly integrates with an ERP or other system. This technology helps DataBank expand its reach by enabling the provider to capture data at any of its service centers and feed it directly into Esker’s cloud-based platform, ensuring secure, complete solutions for customers. This data is also available from anywhere—which is crucial for a largely remote workforce.
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