SEEBURGER`s 4invoice Automated Invoice Processing Solution Now Available in Standalone Edition for Finance/Accounting Departments

Saves 40% over Manual Processes; Interfaces with Any ERP System
ATLANTA--(Business Wire)--
SEEBURGER Inc. today announced the availability of 4invoice, its advanced
automated invoice processing solution, in a standalone edition for enterprise
finance and accounting departments. Originally developed as an extension of the
company`s EDI/B2B platform and successfully implemented in dozens of
organizations, 4invoice slashes invoice processing costs as much as 40% by
automatically interpreting, validating, formatting, routing and posting data
from paper, fax and PDF invoices into any ERP system - without requiring any
changes to suppliers` own invoicing procedures.

4invoice`s fast automated processing also shrinks payment cycles from roughly
one month to just a few days, improves cash flow, increases use of early payment
discounts and rebates, and streamlines compliance with corporate and regulatory
requirements. These benefits are achieved through more extensive automation and
deeper ERP integration capabilities than any alternative solution, including:

* Freeform data recognition from paper, fax and PDF invoices, enabling automated
data capture as documents are scanned into the system. SEEBURGER`s technology
intelligently detects and categorizes invoice data by field regardless of where
it is positioned on the page, eliminating the need to create templates mapping
the data locations for each supplier`s invoice format.

* Artificial intelligence that further reduces costs byallowing any exceptions
that must be handled manually to be stored and remembered specifically for each
supplier. Over time this increases recognition rates, reduces exceptions
requiring manual intervention, and provides incrementally faster invoice
processing.
* Data exchange with any ERP system, including SAP, Oracle, NAVISION, Baan, JD
Edwards, PeopleSoft or any combination for organizations that have disparate
systems across multiple business lines. For SAP shops, pre-built SAP-specific
integrations and customizable workflow templates minimize implementation time
while also providing an invoice console that allows users to monitor and manage
invoice operations within the SAP environment.

4invoice also features configurable workflow allowing inbound invoices to be
electronically routed through an organization`s approval processes, improved
invoice visibility enabled by ERP integration, and proven scalability. One
customer, for example, uses 4invoice to manage over 88,000 suppliers submitting
more than 3,500 invoices on a daily basis.

In addition, 4invoice is the only solution that can support both paper and
electronic documents, enabling the same platform to be used both for automated
invoice processing and for EDI/B2B operations using EDI, XML and other
electronic business formats. This simplifies the IT infrastructure and leverages
the 4invoice investment.

"Over 80% of invoices are still received by paper or fax and require manual data
entry, with associated costs, errors, lost invoices and processing delays.
4invoice eliminates these inefficiencies by capturing the data electronically
and automating all of the validation and approval processes that must be
completed before it goes into the organization`s ERP system," said Bill Metallo,
SEEBURGER VP of Sales. "No other solution on the market today has the level of
automation or integration available with the 4invoice platform."

The 4invoice solution is powered by the SEEBURGER Business Integration Server, a
B2B gateway that has been used for more than two decades to enable some of the
largest companies in the world to exchange orders, shipping notices and other
electronic trading documents with their customers and suppliers.

4invoice is available directly from SEEBURGER (www.seeburger.com).

About SEEBURGER

SEEBURGER is a leading provider of global business integration solutions
designed to optimize transactions throughout the extended enterprise by
automating trading relationships with all partners regardless of their size and
technical resources. Launched in 1986 to provide integration solutions to the
automotive industry in Germany, the company today is ranked among the top
business-to-business gateway providers by leading industry analysts, and serves
more than 7,800 customers in more than 50 countries and more than 15 industries
through its flagship Business Integration Server and related products and
services. SEEBURGER has global offices in Europe, Asia Pacific and North
America, including a U.S. office that opened in 1998. For more information,
visit www.SEEBURGER.com

Company Contact:
Monisha Mills
SEEBURGER Inc.
678 638 4884
m.mills@seeburger.com
or
Press Contact:
Jill Schmidt
SS/PR
847 415 9311
jills@sspr.com

Copyright Business Wire 2009