Lyon, July 19, 2021 – Thanks, global cloud platform automation of management cycles that enhances the finance and customer service professions while strengthening inter-company cooperation, today announces that the diversified holding company DMC Global Inc. chose Esker to digitize the processing of its supplier invoices.
DMC Global has two international operational units present in different business sectors and using different ERP systems. Initially, the company wanted to replace the electronic invoice software used in its European offices. She then analyzed the process in place in the United States and discovered that it took more than 20 manual steps to process a single invoice. For DMC Global, it was an opportunity to extend digitization to all of its activities and to consolidate the processing of supplier invoices within a single portal.
“We were aiming for much more than a simple replacement for the technology already in place,” says Jeff Fithian, CIO at DMC Global. “We wanted to modernize our processes and find a partner offering us better scalability to support our development.”
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Eager to accelerate its growth, DMC Global needed a cloud platform capable of integrating with any ERP. With more than 35 years of experience in ERP integration and support for more than 70 different systems, Esker has helped DMC Global overcome incompatibility issues and redesign existing systems to benefit from ‘true scalability.
“When companies make an acquisition, they inherit an established organization and have very little time to adapt. The CFO must then take up a huge challenge: operate as a single company with 100% visibility on all activities, ”says Emmanuel Olivier, Director of Global Operations at Esker. “The abandonment of ERP systems is expensive. Esker is here to help companies like DMC Global integrate with any ERP system with a single vendor invoice processing automation platform. This approach provides agility, scalability and security, and ultimately makes more resources available for future acquisitions. ”
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Beyond its international coverage and its multi-ERP integration, DMC Global has chosen Esker to transform the processing of its supplier invoices. As a global publisher, Esker offers multilingual and multicurrency solutions that rely on artificial intelligence technologies to recognize any type of document in any country. While remaining on the lookout for new growth opportunities, DMC Global now has a scalable solution on a global scale.
“Esker’s global footprint clearly weighed in our choice: Esker solutions allow data to be hosted in Europe, which few companies offer or even ask for,” reveals Jeff Fithian. “In addition, the Esker team understood our difficulties in harmonizing new systems. It was the only vendor that offered a certified solution for the SAP S / 4HANA cloud platform. ”
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Esker’s initial implementation in the United States resulted in a reduction of over 75% of manual invoice processing steps. Saving time and reducing late payments will increase the overall productivity of the company and strengthen ties with suppliers, customers and employees of the DMC Global ecosystem. DMC Global will continue to deploy the Esker supplier invoice processing solution to its teams in Europe and the United States.
About DMC Global
DMC Global is a diversified holding company. Currently, DMC brings together DynaEnergetics and NobelClad in the energy, industrial transformation and transportation market. Headquartered in Broomfield (Colorado, United States), DMC is listed on the Nasdaq under the symbol “BOOM”. To learn more about DMC Global, visit dmcglobal.com.
About‘Thank you
A world leader in Procure-to-Pay and Order-to-Cash management cycle automation solutions, Esker enhances the financial and customer service departments of companies and strengthens inter-company cooperation. The Esker cloud platform makes it possible to animate a virtuous ecosystem with its customers and suppliers.
Integrating Artificial Intelligence (AI) technologies, Esker’s solutions make it possible to increase productivity and improve visibility of its activity, while strengthening collaboration with its customers, suppliers and employees.
French mid-sized company headquartered in Lyon, Esker is present in Europe, North America, Asia / Pacific and South America. Listed on Euronext GrowthTM in Paris (ISIN code FR0000035818), the company generated sales of 112 million euros in 2020, of which two thirds were abroad.
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