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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 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

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

Informa Software

Date Founded

2001

Company Location

United States

Company Website

www.informasoftware.com/remittance-processing/

Categories and Features

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