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What is Scrypt AI?

Transform your accounts payable and receivable workflows with Scrypt's cutting-edge AI data capture technology, which provides a truly seamless touchless experience. Unlike conventional data processing methods that rely on artificial intelligence and machine learning, requiring human intervention for data entry, coding, approvals, and more, Scrypt has revolutionized this process into a completely autonomous system. Our all-encompassing platform for managing payables and receivables is a game-changer, promoting a hands-off approach to data management. By mimicking human cognitive abilities, Scrypt can analyze any document or image, drawing insights and making judgment-based decisions independently. Users of Scrypt enjoy a remarkably precise and cost-effective solution for automating AP and AR processes, achieving unmatched scalability and flexibility. Acting as a centralized hub for invoices, our system simplifies the entire accounts payable cycle, automating everything from check processing to remittances and deposits. Scrypt also redefines accounts payable by transforming it from a simple cost center into a proactive profit center, enabling businesses to significantly enhance their financial operations. By adopting this revolutionary technology, organizations can truly unlock the full potential of their financial processes while staying ahead of industry trends.

What is Informa Remittance Processing?

Each week, businesses handle countless envelopes filled with checks and payment coupons that require swift processing. The necessity of processing such a high volume of payments has led to the implementation of numerous bureaucratic steps for reviewing and handling each transaction. This meticulous, labor-intensive process can be time-consuming and often necessitates the hiring of temporary staff to manage the workload. Imagine the possibilities of enhancing your remittance processing by minimizing the need for human involvement. The Informa Remittance Processing solution is designed to help you realize significant efficiency gains. Many of our clients have reported achieving remarkable straight-through processing (touchless) rates ranging between 80 and 90%. The outcome of this improvement is a reduction in errors and an acceleration in payment cycles, ultimately benefiting the entire organization. Embracing such a solution can transform your payment processing experience remarkably.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
Apple Pay
Box
Docusign
Finexio
Mastercard Payment Gateway Services
Microsoft Azure
Microsoft SharePoint
Oracle Fusion Cloud ERP
Railz
Sage 200
Visa Click to Pay
Xero
Yardi Bluepoint

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

$1 per invoice
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

Scrypt AI

Date Founded

2020

Company Location

United States

Company Website

scrypt.ai/

Company Facts

Organization Name

Informa Software

Date Founded

2001

Company Location

United States

Company Website

www.informasoftware.com/remittance-processing/

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Duplicate Payment Alert

Accounts Receivable

ACH Payment Processing
Billing & Invoicing

AI Accounting Agents

Not specified

AP Automation

Not specified

Payment Processing

ACH Check Transactions
POS Transactions

Categories and Features

Receipt Scanner

Not specified

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