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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 Kanverse?

The Kanverse AP Invoice Automation platform streamlines document processing workflows for businesses through intelligent automation. By integrating various AI technologies—such as Computer Vision, Natural Language Processing, Machine Learning, and Fuzzy Logic—along with established business rules and workflows, Kanverse achieves comprehensive automation from start to finish. This platform facilitates the ingestion, extraction, processing, validation, and publication of invoices and other accounting documents to various downstream business applications, including Oracle EBS, Oracle Fusion, NetSuite, and Microsoft Dynamics. The Kanverse AI engine employs advanced technologies that provide an impressive data extraction accuracy rate of up to 99.5% right out of the box. With the power of AI and automation, Kanverse efficiently processes a wide array of document types, transforming unstructured and skewed data into valuable insights while simultaneously lowering operational costs across business functions. By introducing intelligent automation, the platform eliminates the need for manual, repetitive, and tedious tasks, enabling staff to concentrate on more critical business activities. Furthermore, it enhances data protection measures to safeguard Personally Identifiable Information (PII) and mitigate the risk of fraud, ensuring a comprehensive approach to document processing.

Media

Media

Integrations Supported

Boomi
COINS
Dynamics 365 Remote Assist
Guidewire
Majesco
NetSuite
Oracle API Management
Oracle Aconex
Oracle Fusion Cloud ERP

Integrations Supported

Boomi
COINS
Dynamics 365 Remote Assist
Guidewire
Majesco
NetSuite
Oracle API Management
Oracle Aconex
Oracle Fusion Cloud ERP

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site 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

Kanverse.ai

Date Founded

2020

Company Location

United States

Company Website

www.kanverse.ai/

Categories and Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

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