FOR IMMEDIATE RELEASE:
Nomination for Implementation of ZeroTouch Invoice Processing Solution at Avon Products
Fairfield, NJ (March 23, 2006) - Archive Systems, the premier provider of Document Process Outsourcing (DPO) services, today announced it is selected as a finalist in the Annual Shared Services Excellence Awards category for Vendor Organization of the Year.
The nomination was submitted by Avon Products for Archive Systems' implementation of ASPEN 360 Accounts Payable Edition. The solution converted Avon's paper-intensive processes for invoice review and approval into a ZeroTouch, paperless electronic process. This comprehensive Software-as-a-Service solution handles Avon's invoice receipt, document and data capture, Web-based image hosting, and workflow management services.
“Our solution, ASPEN 360, transformed Avon's Accounts Payable processes in an effort to become a world class Shared Services Center,” stated Rick Kushel, President & CEO of Archive Systems. “As one of only three finalists in our category, we are pleased to have the opportunity to share Avon's success story with other A/P organizations.”
The Shared Services Excellence Awards have been established to honor, recognize and promote Shared Services Organizations (SSO's) and vendors that demonstrate true best practices. To identify and assess organizations, the Shared Services & Outsourcing Network assembled a prestigious list of shared services experts and leaders to accurately and objectively evaluate the true effectiveness of top SSO's. The award winners will be announced on Tuesday, March 28, 2006 at 7:00pm at the 4th annual Shared Services Excellence Awards Dinner and Ceremony.
Please visit Archive Systems at
http://archivesystems.com/aboutus/contactus.asp to request more information about the Avon Products case study or the Shared Services Excellence Awards.
About Archive Systems, Inc.
Archive Systems, Inc. flagship solution, ASPEN 360 Accounts Payable Edition, combines best practices AP Automation with ZeroTouch AP imaging and workflow. The product increases efficiencies and reduces costs with features such as straight through processing, which uses automated three-way matching to auto match invoices to PO and receipt line items without AP processor intervention. It includes the ASPEN 360 Invoice Virtualization Center, which removes from the client all tasks associated with document imaging, data capture, document classification, indexing, and OCR. The company also provides physical records management services such as business records storage, document shredding, and offsite data storage, through a number of Record Center locations. For more information, please visit www.archivesystems.com.
# # #
