Applexus Launches InSITE to Transform Invoice Processing With AI and Automation
An end-to-end intuitive AI solution, Applexus InSITE is fully integrated with SAP to help organizations improve accounts payable processing efficiency using artificial intelligence and automation technologies.
SEATTLE, March 16, 2021 (Newswire.com) - Applexus Technologies, a leading SAP co-innovation partner and global technology leader, announced the launch of Applexus InSITE (Applexus Intelligent Supplier Invoice Transformation and Enablement), an innovative accounts payable automation solution that helps organizations transform and streamline invoice processing with intelligent automation technology.
According to Applexus, InSITE is a smart invoice processing solution fueled by artificial intelligence and machine learning, built to eliminate the complexities of accounts payable invoice processing. By automating invoice data capture with Applexus Intelligent Data Extraction and Recognition (AIDER) technology, Applexus InSITE helps companies reduce invoice processing costs while increasing efficiency.
Applexus InSITE includes innovative, industry-leading features that eliminate human intervention, errors, cost overhead, and processing time through an integrated end-to-end process including:
• Fully automated invoice intake from multiple sources
• Comprehensive and customizable edit and validation routines to flag errors earlier in the payment cycle
• Multiple invoice processing options (PO-based, non-PO based, credit memo, lease invoices)
• Tight integration with financial systems such as SAP S/4 HANA, ECC, Ariba
• Multi-language, multi-country, and global accounting regulations
• Automated parallel approval and bulk approval workflows
In the short timeframe since its launch, Applexus InSITE is generating strong buzz in the market and has been successfully implemented at a prominent U.S.-based grocery chain who was facing significant inefficiencies due to manual invoice processing and approval tracking. Applexus InSITE automated the way they processed vendor invoices, resulting in a higher level of accuracy and efficiency with lower operational costs.
To further explore the possibilities of Applexus InSITE, Applexus conducted a webinar on "AI-powered Vendor Invoice Automation Solution to Transform Accounts Payable" which featured industry experts talking about how a robust and future-proof AI solution like InSITE can mitigate the legacy challenges associated with invoice management. Watch the webinar highlights here.
As part of the launch campaign, Applexus is offering a 15-day free trial of Applexus InSITE to demonstrate the power of the tool. Paid subscriptions include individual logins for indexers, AP agents, and approvers to view the complete life cycle, as well as easy configuration, intelligent data extraction, and extended product support.
Applexus InSITE is available for online purchase on the SAP® Store.
About Applexus Technologies
Applexus is an SAP Gold Partner and a global technology leader in business consulting and SAP services. Our vision of enabling innovation in business through technology, coupled with our core values of customer first, innovation, and leading with principles, propels us to develop products tailor-made to our customer's needs and capable of achieving and/or surpassing their expectations. Headquartered in Seattle, Washington, Applexus operates out of centers in the U.S., Canada, the UK, the Middle East, and India.
Source: Applexus Technologies
