KeyMark Solution for Accounts Payable Automation Receives Industry Award

Gulfstream Aerospace Corporation Solution Honored With Innovation Award

An accounts payable automation initiative engineered by KeyMark Inc. has received the 2010 the Association for Work Process Improvement, Inc. (TAWPI) Innovation Award for its excellence in business process innovation. KeyMark Inc., an award-winning document management solution provider, implemented the solution for Gulfstream Aerospace Corporation.

The award was presented on Monday, May 10, during FUSION 2010, an annual forum and expo presented by TAWPI and International Accounts Payable Professionals (IAPP). FUSION, which occurred May 9 – 13 at the Gaylord Texan Resort and Convention Center in Dallas, Texas, explores emerging payments and document automation technologies and processes.

The innovation awards, presented by TAWPI and IAPP, showcase word-class innovation in accounts payable and accounts receivable processes. Prior to the implementation of the accounts payable automation project at Gulfstream, incoming invoices were processed at seven different locations throughout the United States. KeyMark developed a solution for Gulfstream to automatically handle front-end document capture and scanning, post data to Gulfstream’s accounting systems, electronically route invoices for approval and validate data and handle exceptions. The solution has resulted in the consolidation of Gulfstream’s accounts payable department, improved accuracy, increased customer satisfaction and productivity gains of more than 20 percent.

“It’s an honor to have one of our solutions selected for this award,” said Ed McQuiston, Vice President, Sales of KeyMark. “One of the most rewarding parts of our business is helping clients increase efficiencies and decrease costs. It’s amazing to watch the results they experience after an implementation is complete. We’re proud of the work we accomplished at Gulfstream in helping them improve their accounts payable business processes.”

About KeyMark

Since 1996, KeyMark, Inc. has been a leading business process automation provider focusing on data capture, case management and workflow software solutions. KeyMark believes that information should be easy and helps clients leverage technology to increase productivity and decrease operating costs in industries such as: financial services, government, healthcare, insurance, logistics, manufacturing and distribution. KeyMark is one of a select few organizations worldwide to hold both the OnBase by Hyland Diamond Support award and the Kofax Diamond Partner award. Additionally, KeyMark is the creator of Forms InMotion, an innovative cloud-based software solution for forms management ( KeyMark was named as 2016, 2017, and 2018 Best Places to Work in South Carolina by the South Carolina Chamber of Commerce and SC Biz News. The company was also ranked 17th in the 2016 South Carolina’s Fastest Growing Companies Competition and has appeared four times on the INC. 5,000 list of America’s Fastest-Growing Private Companies – most recently in 2017 at #3525. KeyMark is headquartered in Liberty, S.C., with a regional sales office in Camp Hill, Penn.; and a Document Conversion Services Center in West Hazleton, Penn. that operates as IMR Digital; For more information, call 864-343-0500.