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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 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.
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
Xoriant
Date Founded
1990
Company Location
United States
Company Website
www.xoriant.com/xcelerate/invoice
Company Facts
Organization Name
Kanverse.ai
Date Founded
2020
Company Location
United States
Company Website
www.kanverse.ai/
Categories and Features
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