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What is QX ProAR?

In the rapidly changing business environment of today, numerous organizations have moved towards utilizing digital formats for sending and receiving invoices and payment confirmations, such as scanned PDFs, text files, and Excel templates. This transition to digital communication presents a considerable challenge: the necessity to effectively extract and analyze data from these invoices to derive valuable insights. To tackle this challenge, the proposed solution captures digital remittance advice and retrieves essential information that facilitates cash application processes. Furthermore, users can quickly configure the system for any newly arrived invoice by following a few simple steps. This automation solution not only simplifies the cash application workflow but also allows for the efficient management of large volumes of data, performs complex data mapping and transformations, and creates reusable extraction templates for future applications. By implementing this innovative approach, businesses can significantly enhance their operational efficiencies while ensuring they maintain precise financial records in an ever-evolving landscape. Additionally, this development underscores the importance of adapting to technological advancements to stay competitive in the market.

What is Plena?

Custom Plena bots are specifically engineered to perform a three-way match and effectively pinpoint duplicate entries. Moreover, these bots are capable of implementing business rules to allocate general ledger codes, compute taxes, and extract essential information from invoices. Accounts Receivable (AR) robots significantly improve the management of cash postings, scrutinize billing reports, and send reminders for overdue invoices. The automation facilitated by a Plena robot streamlines the payment collection process, making it quicker and more efficient than ever before. A customized bot can be set up to analyze incoming payments multiple times throughout the day, which is especially advantageous for accounts receivable teams managing net terms or overdue invoices. Additionally, AR robots are adept at handling even the most complex billing procedures, ensuring accurate receivables documentation and managing bad debt effectively. Our robots take control of the keyboard, mouse, and screen on any device to perform tasks and make informed decisions by interacting with various applications or files. This capability enables the automation of entire workflows from beginning to end with minimal human intervention. Digital robots execute their tasks in a manner akin to humans but do so without making mistakes and consistently uphold maximum efficiency, thus transforming operational productivity. Ultimately, the future of automation is rooted in the flawless integration of these intelligent bots into the daily functions of businesses, paving the way for unprecedented advancements in productivity and accuracy. This evolution marks a significant leap toward a more automated and efficient business landscape.

Media

Media

Integrations Supported

Microsoft Excel

Integrations Supported

Acumatica Cloud ERP
Microsoft Dynamics GP
NetSuite
QuickBooks Online

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Online Training

Company Facts

Organization Name

QX Global

Company Location

United Kingdom

Company Website

qxglobalgroup.com/product/qx-proar/

Company Facts

Organization Name

Plena

Date Founded

2018

Company Location

United States

Company Website

plena.io

Categories and Features

Accounts Receivable

Not specified

Categories and Features

Accounts Payable

Not specified

Accounts Receivable

Not specified

AR Automation

Not specified

Lead Intelligence

Not specified

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