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What is QX ProAP?

Most organizations manage their invoices and payment receipts electronically, utilizing formats such as scanned PDFs, text files, or Excel templates for invoicing. Accounts Payable (AP) staff frequently face the monotonous task of manually opening and saving these documents, extracting relevant details, logging into their accounting software, and inputting the information. QX ProAP enhances this entire process by automating these tasks. It organizes the files according to their type, effectively extracts necessary data, and organizes it into an Excel spreadsheet. Moreover, it automatically logs into the accounting system using securely stored credentials, allowing for seamless data entry into the respective applications. The system also monitors the status of each invoice directly within the Excel sheet, thereby closing the workflow loop. Designed to accommodate various digital invoice formats, this solution is highly flexible, allowing for easy customization to adapt to the changing needs of expanding enterprises. Consequently, organizations can significantly boost their operational efficiency while minimizing the risk of manual errors, ultimately leading to smoother financial processes. Additionally, this automation reduces the time spent on repetitive tasks, enabling AP professionals to focus on more strategic initiatives.

What is Infosys BPM?

The APOC platform was designed with a modular architecture that incorporates various components such as OCR, workflows, and a matching engine. It enables seamless integration out of the box and offers alternative methods for invoice reception beyond traditional paper formats. The platform's OCR capability facilitates automatic data extraction at both line and header levels, promoting a touchless approach to invoice processing, as well as automated two- and three-way matching. Additionally, the integration of AI and machine learning enhances account coding for non-PO invoices and implements multi-parameter checks for duplicates, resulting in quicker and more precise supplier payments. Users can leverage flexible workflows to manage approvals, handle exceptions, and utilize a customizable approval matrix to align with diverse customer needs. Furthermore, the platform delivers actionable insights into the payables process and is equipped with a built-in analytics engine, enhancing decision-making and operational efficiency. This comprehensive approach ensures that organizations can optimize their financial operations effectively.

Media

Media

Integrations Supported

Microsoft Excel

Integrations Supported

ABBYY Mobile Capture
Appway Digital Banking
Guidewire
IBM Apptio
Kong Mesh
LivePreso
Majesco
Syniti Data Matching

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

QX Global

Company Location

United States

Company Website

qxglobalgroup.com/product/qx-proap/

Company Facts

Organization Name

Infosys BPM

Date Founded

2002

Company Location

India

Company Website

www.infosysbpm.com

Categories and Features

Accounts Payable

Not specified

Categories and Features

Accounts Payable

Not specified

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