Stellar signs accounts payable automation contract with Yooralla

Released on: April 16, 2008, 4:52 pm

Press Release Author: Stellar Asia Pacific

Industry: Financial

Press Release Summary: Stellar has signed an accounts payable automation deal with
Australian community-based disability service provider Yooralla

Press Release Body: Stellar, a leading global business process outsourcing provider,
today announced that they have signed a three-year contract with Yooralla, a
community-based disability service provider, to implement an accounts payable
automation solution.

Under the terms of the accounts payable automation agreement, Stellar will provide
an advanced invoice processing and workflow automation solution to support
Yooralla's accounts payable operations that process over 30,000 invoices per annum.
Financial details of the agreement were not disclosed.

Yooralla's existing processes are typical of many accounts payable departments,
involving a great deal of manual sorting, coding, data entry and filing. Stellar's
solution for Yooralla enables each of their 30 branches to scan invoices, which are
electronically sent to Stellar's accounts payable processing system. Invoice details
are captured using OCR and an electronic invoice document is created. Site staff can
then log in to the accounts payable processing system online to view invoices that
require coding using look up tables that are specific to their site. Invoice
approvals are routed automatically for processing electronically. Invoice data is
then exported into Yooralla's finance system at their head office, validated and
payment runs initiated.

Yooralla will benefit from reduced labour costs through the elimination of manually
intensive processing, greatly enhanced financial visibility, and reduced operational
costs through the elimination of printing, postage, storage and archival costs among
others.

"The fact that Yooralla has chosen Stellar to automate their accounts payable
processes speaks to the strengths of both our technology and our responsiveness and
reliability as a partner,\'\' said Geoff Charters, Chief Executive Officer, Stellar
Business Process Solutions. "There are a number of companies that offer document
management solutions, but Stellar is unique in that we offer a complete end-to-end
'purchase to pay' solution. Stellar is the leading choice for companies wanting to
solve their accounts payable processing challenges."

Stellar, a pioneer in the field of document management and workflow automation,
combines advanced technology and outsourced labour management to automate client's
manually intensive processes and significantly reduce their operational costs.

By offering a unique transactional pricing approach for both their hosted accounts
payable automation solutions and fully outsourced accounts payable processing
services, Stellar eliminates the need for companies to make large upfront capital
investments in new technology.

Stellar provides call centre outsourcing services and business process outsourcing
solutions to a range of high profile clients in the telecommunications, utilities,
transport, finance, government and manufacturing industries.

About Stellar
Stellar is a leading global call centre and business process outsourcing provider,
with over 6,000 employees across 18 outsourcing centres in Australia, UK, USA,
Canada and the Philippines. Stellar's innovative outsourcing solutions help clients
reduce operating costs, improve quality levels and increase revenue and
profitability. The company serves a range of clients in the telecommunications,
utilities, transport, finance, government and manufacturing industries. In addition
to call centre outsourcing, Stellar specialises in document management, workflow
automation technology and process outsourcing solutions. For more information, visit
www.stellarBPO.com

About Yooralla
Yooralla is a multi-faceted community based disability service provider, operating
out of regional service centres, kindergartens, schools, and other public facilities
in community locations across Victoria, Australia. Yooralla provides practical
solutions for around 30,000 Victorian children and adults who have acquired
disabilities through road and recreational accidents, health problems, drug and
alcohol abuse, and the effects of ageing, as well as people who are born with
disabilities. Services include therapy and equipment, accommodation and respite,
employment and recreation, and independent living skills that improve mobility,
communication, and quality of life. For more information, visit www.yooralla.com.au


Web Site: http://www.stellarBPO.com

Contact Details: Luke Faulkner
Marketing Manager
Stellar Asia Pacific
Tel: +61 3 8416 4019
Email: lfaulkner@stellarbpo.com.au

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