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What is X-CELERATE Invoice?

The Invoice solution utilizes Amazon Textract to significantly improve the speed and accuracy of processing invoices and reconciling accounts. Through the implementation of Adaptive Deep Learning models that enhance precision over time, this system seamlessly fits into various financial, ERP, and procurement workflows. The automation of invoice capture and the processing of free-form expense reports lead to faster payment cycles, while also reducing exceptions and overall costs. This advancement allows teams to break free from monotonous manual tasks, directing their efforts towards more strategic initiatives. The system also features automatic human-guided training during invoice review and correction, which further refines accuracy. With its low-code customization capabilities and role-based workflows, as well as its ability to integrate with current business systems, organizations can drastically reduce expenses tied to invoice management while boosting overall productivity. By adopting such innovative technology, companies not only optimize their operational processes but also create a more agile and effective financial landscape. This shift ultimately contributes to a stronger competitive edge in the market.

What is Cognaize?

For the first time, artificial intelligence works hand in hand with specialists in various domains and data analysts to deliver automation specifically designed for the financial services industry. Experience the benefits of ongoing improvement with each validated document that is processed, leading to superior outcomes. Our cutting-edge platform streamlines the document automation process, allowing for a rapid evolution from concept to operational application. You can effortlessly adjust workflows and extract valuable insights that equip leading data scientists with crucial training datasets. Additionally, incorporating AI models into these workflows becomes a straightforward task aimed at enhancing performance, as our system independently evaluates model outputs against both test datasets and real-world scenarios. To maintain high standards of data privacy, audit trails, and compliance with regulations like GDPR, Cognaize can be deployed in multiple environments, including public or private clouds as well as on-premise installations. Furthermore, the software development kit (SDK) provides essential training data to assist your data science team in retraining models and ensuring smooth integration, while application programming interfaces (APIs) enable the seamless incorporation of Cognaize into your existing databases or downstream applications, thus offering a holistic solution for your automation requirements. As businesses increasingly depend on AI-driven insights, the demand for resilient and flexible systems will inevitably rise, shaping the future landscape of operational efficiency. This evolution signifies a pivotal shift in how organizations will navigate the complexities of data management and decision-making.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

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

Xoriant

Date Founded

1990

Company Location

United States

Company Website

www.xoriant.com/xcelerate/invoice

Company Facts

Organization Name

Cognaize

Date Founded

2020

Company Location

United States

Company Website

www.cognaize.com

Categories and Features

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