Automate handling of invoices from suppliers without manual processing. Deliver an instant and error-free service to directly upload to your ERP system.
Invoices held in BlockChain for foolproof storage and transparency. The data in a blockchain is append-only. So, the data cannot be altered or deleted, and transactions are recorded in chronological order thereby meeting audit and compliance requirements.
The built-in ChatBot provides a conversational interface allowing internal users and suppliers to get instant updates on their invoice status. The role-based access ensures privacy and data security.
A platform that combines Optical Character Reading (OCR), Machine Learning (ML), Blockchain, Robotic Process Automation (RPA) and ChatBot technologies to provide an end-end invoice processing capability.
The modular design allows an enterprise to leverage best of breed technologies to suit their specific requirements.
Optical Character Reading (OCR) involves examining the text of a document and translating the characters into code that can be used for data processing. OCR is sometimes also referred to as text recognition. OCR is used to extract invoice related data such as Invoice Number, Invoice Date, Invoice Amount etc from a file
Machine Learning (ML) is the use of algorithms and statistical models that computer systems use to effectively perform a specific task without using explicit instructions. This allows the system to harmonise the inconsistencies and anomalies in the extracted data.
Blockchain technology is a decentralised, distributed and public digital ledger that is used to record transactions so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Invoices held in Blockchain should find it much quicker to process the invoices and paving way for secured invoice financing.
Robotic Process Automation (RPA) technology mimics human action thereby allowing to eliminate human activity such as entering invoice data into an ERP system, reconciling and validating invoices etc
Chatbot is a conversational interface that can be used to interact with the systems to get information. Chatbots use Natural Language Procesing (NLP) capabilities to establish an intent of the query and provides specific answers. Users, both internal teams and suppliers, can use Chatbot to get information on related to the invoices number of pending invoices. total amount payable, invoice status are some of the examples.
We deliver straight-through automation. Invoices can be collected from designated email accounts or shared folders for processing. Create timed triggers or set an instant processing flag so that invoices are read and processed by following set business rules and uploaded into the ERP system. This makes the processing and reconciliation easier, eliminate manual effort and errors. The invoices are stored in Blockchain and uses RPA to upload the invoice data into the ERP systems. The Chatbot interface can be used to get information related to the invoices.
We have a proven scaling model to support your requirements. The platform is designed to handle millions of transactions and can be deployed both as in-premise or Cloud hosted solution. All backed by industry-leading Service Level Agreements (SLAs) and dedicated support.
InvoiceNow processes your invoices more efficiently. So businesses can be more productive.
Cut costs by eliminating manual invoice processing. Make day-to-day invoice processing and quiry handling faster and easier.
Straight through processing of invoices without manual touch points will greatly improve data accuracy thereby significantly reducing rework and leads to better compliance.
InvoiceNow platform is designed to get critical insight from the invoice data to support the Finance department needs. The functionality can be further extended to meet organization specific revenue assurance and compliance requirements.
We at Exordior believe in state of the art technology and to allow our Telecom and Enterprise Business customers to deploy and utilize benefits from best in class...
10 Anson Road
International Plaza #27-15
Singapore – 079903
Phone: +65- 6707 6010
