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Top Image Systems Wins Contract For Invoice Processing Solution At Italian Consumer Goods Manufacturer (Joint Venture Between Angelini Group And Procter & Gamble) Fater SpA

TEL AVIV and COLOGNE, GERMANY, Sept. 5, 2012 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq:TISA), a leading Enterprise Content Management (ECM) intelligent content capture and delivery solutions provider, announced today signing a contract with Fater SpA, a fifty-fifty joint venture between the Angelini Group and Procter & Gamble, the Italian manufacturer, distributor and supplier of Pampers® diapers, Lines® sanitary pads and panty liners, Tampax® tampons, Linidor® incontinence products and other consumer goods.

Fater selected eFLOW® to optimize the automation of its invoice processing operations for more than 66,000 invoices per year and to overcome challenges due to other solutions. The ability of eFLOW Invoice for SAP to ensure comprehensive integration with the SAP ERP system, using one workflow to streamline invoice handling, was an important factor in the selection process.

Interzen Consulting srl, a TIS Partner, contributed to successfully closing the deal by matching Fater's needs with TIS' solution capabilities.

"We are happy that Fater chose eFLOW to provide a reliable and accurate invoice management system, enabling them to optimize their invoice processing cycles and providing them with a system that can adapt to their future needs," comments Michael Schrader, Managing Director EMEA at TIS. "Top Image Systems is committed to expanding its activities in Italy by providing excellent products and services that help enterprises increase efficiency and reduce operational costs, helping them better compete in today's tough economic conditions."

About Fater

Fater SpA is the Italian market leader in personal absorbent products. Founded in Pescara in 1958 by the Angelini family, Fater is since 1992 a joint venture between the Angelini Group and Procter & Gamble. Blending a deep knowledge of the Italian market with the working methods of a multinational, Fater is a company that believes in 'innovation in sustainable growth in continuous dialogue with consumers.'

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