Global Energy Company Selects TIS eFLOW® AP for SAP

Two-Year Multi-million Dollar Transaction with Top Image Systems to Deliver Accounts Payable Automation Solution

Tel Aviv, Israel / Plano, Texas – March 6, 2018 – Top Image Systems Ltd. (NASDAQ: TISA), a global innovator of intelligent content processing solutions, announced today that, following an extensive due diligence and evaluation process, a multinational energy company has selected Top Image Systems to upgrade its existing accounts payable solution to eFLOW AP for SAP. Embarking on a project that will span over two years, the company plans to modernize its corporate accounts payable operations through the implementation of eFLOW AP for SAP.

Top Image Systems’ eFLOW AP automation solution sets a new standard for how invoice processing solutions are deployed within the SAP ecosystem. The seamless integration of the solution with SAP extends the value of customers’ ERP investments by delivering greater workflow flexibility, streamlined exception resolution and enhanced visibility into accounts payable data, all within SAP. eFLOW AP for SAP provides end-to-end functionality that includes extraction, validation and matching of data from invoices using machine learning, automated posting, automated data completion and invoice validation, configurable workflows, mobile review, invoice submission and real-time self-service invoice and payment status.

“Accounts payable automation has become a strategic investment for our company,” commented Brendan Reidy, CEO of Top Image Systems. “This transaction re-enforces the value that eFLOW AP for SAP delivers for our customers. The user experience provided by our solution enables better cash flow visibility, improved spend management, fewer exceptions, higher accuracy and rapid reconciliation, giving finance teams the tools they need to gain better visibility into their businesses.”