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TheStreet Open House

When It Comes To Invoices, Colle Lets EFLOW(R) Do The Heavy Lifting

Stocks in this article: TISA

TEL AVIV, Israel and COLOGNE, Germany, July 10, 2013 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq:TISA), a leading Enterprise Content Management (ECM) intelligent content capture, workflow and delivery and mobile payments solution provider, announced today that Colle Rental & Sales has selected Top Image System's eFLOW ® INVOICE to automatically process all their incoming invoices. Colle, a business that has been around for over 100 years, runs a number of sites in Germany, the Netherlands and Belgium specializing in the sales, rental and service of heavy machinery for construction and industry.

Up until now, Colle had processed their invoices manually. But as the company expanded and started to receive a substantially higher volume of invoices each year, they realized they needed a more efficient way to process them. Colle sought a system that would streamline the invoice process, automating both the capture as well as the workflow and approval functions at the company, freeing up the financial staff to focus on more important tasks.

After reviewing many solutions, Colle chose Top Image System's eFLOW because it was more professional, flexible and scalable, as well as for its superior local support and consulting services. These latter already came into play in the engineering of seamless integration with the company's two different, yet equally little-known, local Dutch and German legacy ERP systems, all in one manageable solution. The company also selected eFLOW with the understanding that they could later expand their deployment to include TIS's eFLOW Digital Mailroom on the same platform, thus accelerating and eliminating time-consuming data entry for the processing of all the company's incoming documents, in any format.

Colle's Controller, Math Toonen, commented, "We expect the eFLOW INVOICE deployment in the AP department to help us better accommodate our company's growth. We will be able to handle many more invoices and will also have much greater transparency, which will in turn let us better manage vendor queries and further improve the level of our customer service, in which we take great pride. Increasing our efficiency, productivity, and the level of professionalism will make eFLOW an important addition to our business."

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