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Follow on Google News | Hecla Mining Company, the No. 1 U.S. silver producer, picks Astra’s FastAP for IFS to automate APHecla Mining, the largest primary producer of silver in the United States, has purchased Astra’s AP automation solution for the IFS community, FastAP for IFS, and has chosen Astra to implement FastAP starting in the third quarter of 2012
By: Astra, Inc. “We had an excellent staff and a lean operating model pushing a cumbersome, paper based process,” remarked Alan MacPhee, Hecla’s Controller. “We decided to automate AP in order to create a faster, more manageable process flow and to free our staff for higher value add activities. FastAP For IFStm was the right solution at the right price, and we see it as a valuable part of our IFS ERP system.” FastAP delivers an end-to-end solution for automating supplier invoice processing within IFS. The solution provides: √ Advanced data capture using INVOICES by ReadSoft, a global leader in the AP space. √ Astra’s APConnectfor IFS to map and transfer the invoice data and images between INVOICES and IFS Financials. √ The IFS Supplier Invoice Workflow Module (e-invoice) to automate 3-way invoice matching and authorization routing. Its management tools include process reporting analytics, in-process invoice visibility, flexible workflows and built-in audit trails. “We are looking forward to working with Hecla and kicking-off the implementation of FastAP this quarter,” said Naren Velu, President and CEO of Astra. “Our automation solution provides an excellent ROI, and it isn’t always driven by head-count reduction. Savvy companies like Hecla are using FastAP as the engine that drives a redesigned process flow in AP in order to achieve KPI levels that are unreachable with manual processing. At the same time, their experienced staff can now focus their valuable time on business process analytics and further process improvements.” About IFS IFS is a public company (OMX STO- IFS) founded in 1983 that develops, supplies, and implements IFS Applications™ About Astra Astra, Inc. was established in 2007 and is headquartered in Tucson, Arizona, with an offshore fulfillment center in Chennai, India. Astra specializes in enabling companies to leverage the power of their enterprise application investments. It provides packaged and custom consulting services related to all aspects of implementing and getting the best use of enterprise systems throughout their life cycle. For more information about Astra, please visit: http://www.astra- For More information, Please Contact: Naren S. Velu, President & CEO Tel: (M) 520-971-2714 Email: naren@astra- George Hardy, Vice President Tel: (L) 323-522-5519 (M) 602-733-9591 Email: george@astra- End
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