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What is Tungsten Transact?

Tungsten Transact offers a state-of-the-art approach to intelligent document automation, optimizing the handling of incoming data for organizations each day. Available for both cloud and on-premises deployment, Transact meets a wide range of needs by employing advanced AI-powered OCR and machine learning classification techniques to quickly identify and extract critical information from various document formats with minimal user intervention. This adaptable solution is equipped to manage documents in numerous business and governmental contexts. In particular, Tungsten's invoice processing feature leverages AI and OCR technologies to automatically capture and extract data from invoices in just seconds, which boosts efficiency in accounts payable, accounts receivable, and remittance processing, thus reducing the burden of manual tasks. Moreover, government entities, frequently overwhelmed by extensive collections of paper documents, are eager to upgrade their processes, and Tungsten's groundbreaking capture and extraction technologies provide a practical means to transform any heavily documented process. By adopting such innovative solutions, organizations can not only enhance their operational efficiency but also achieve greater accuracy in their data management practices, ultimately leading to improved decision-making and service delivery.

What is EXACTO Invoice?

The processing of invoices has consistently been acknowledged as one of the most demanding and error-laden tasks in organizations. Daily, billions of dollars in invoices are processed, creating challenges for accounts payable teams as they are required to manually check, extract details, download, and prepare data for payment systems. With the advent of digital transformation, the automation of this process has accelerated significantly, enhancing both efficiency and effectiveness while reducing human errors and allowing organizations to cut costs. HCL’s EXACTO™ Invoice stands out as a distinctive platform that employs patented artificial intelligence, deep learning, and natural language processing to optimize the data extraction from invoices, receipts, and purchase orders. It integrates smoothly with various sources and can handle documents in over 13 languages, featuring advanced AI and machine learning capabilities for document classification and digitization. This cutting-edge technology not only conserves time but also enables companies to dedicate their resources to strategic projects instead of mundane administrative duties. By embracing such innovations, businesses can significantly transform their operational landscape.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Tungsten Automation

Date Founded

1985

Company Location

United States

Company Website

www.tungstenautomation.com/products/transact

Company Facts

Organization Name

HCL Software

Date Founded

1976

Company Location

Italy

Company Website

www.hcltechsw.com/exacto

Categories and Features

Categories and Features

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