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News Release - AFI Solutions

New Orleans, LA – November 5, 2019 — avvaneo, innovators of leading-edge financial applications and approaches, today announced it has partnered with AFI Solutions GmbH, solution provider and leading software producer for the optimization of paperless, digital document processes around SAP, to co-develop solutions that will help firms automate a wide range of financial processes directly inside the SAP environment.

Financial Process Automation, or FPA, uses software to automate repetitive, repeatable tasks to streamline processes, increase efficiencies, and improve communication inside and across organizations. When integrated with SAP, FPA solutions make it possible for finance teams to capture and extract information from any source, automatically route it into an approval workflow, and transfer information into SAP or other system of record with no errors or delays, and with unrestricted visibility of all data.

The avvaneo-AFI Solutions partnership leverages each company’s complimentary experience and expertise to help companies quickly implement automation for purchase management, order confirmation, delivery management, accounts payable, and other key processes.

“For SAP organizations, maximum visibility and process automation is only achievable with an automated processing solution that sits inside their SAP system,” said Carsten Nelk, President of avvaneo. “Our partnership with AFI Solutions signals our ongoing commitment to helping clients achieve the target of every automaton solution — fully automatic processes that require zero human intervention.”

“During the past 20 years, we’ve helped more than 800 SAP customers digitize their processes,” said Joerg Guenther, board member of AFI Solutions. “avvaneo’s focused and specialized experience automating purchase-to-pay processes with AFI’s solution portfolio for SAP ERP and SAP S/4HANA makes them a welcome and strategic partner.”

AFI Solutions joins avvaneo's robust list of leading technology partners from across the Financial Process Automation ecosystem who together with avvaneo's in-house team of industry experts to offer clients a one-stop platform for all their business automation needs.

About avvaneo

avvaneo are innovators of leading-edge financial applications and approaches including Financial Process Automation (FPA) in the Cloud or Inside ERP, Blockchain, Robotic Process Automation for FPA, and FPA Analytics. avvaneo’s team of industry specialists work closely with leading technology vendors to extend and augment their products and applications, delivering comprehensive, tailored solutions and support for companies such as Hilti, Clariant, Munich Airport, Hatch, Edgewell, and hundreds more across all industries in over thirty countries.

Industry experts, Carsten Nelk and Thomas Schmid, previous co-founders of Ebydos AG and creators of Process Director, the most utilized FPA application for SAP, founded avvaneo in 2014 with the vision of digitally transforming global financial operations and business collaboration. The company has offices in Frankfurt, London, New Orleans, and Wroclaw.

avvaneo. Partners in Transformation.

About AFI Solutions GmbH

AFI is a solution provider and leading manufacturer of software for the optimization of paperless, digital document processes around SAP as well as a provider of services for document capture and processing. AFI offers optimal solutions for the entire purchase-to-pay and order-to-cash process. AFI combines state-of-the-art SAP technology with technical innovation to develop excellent software solutions integrated in SAP for processing a wide range of document types. Routine tasks are replaced by automated and paperless processes.

Media Contact

For more information, or to speak with an executive from avvaneo, please contact Wendy Simmons at wendy.simmons@avvaneo.com, or via mobile at +1 917 327 6188.

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