Save Costs with Frictionless AP Invoice Processing
Don't let payment errors strain your relationships with suppliers.
Documents sent via email are auto-detected and processed by Conexiom.
Relevant data is extracted from the document–any format, language or length.
Data fields are identified
with 100% accuracy.
Business rules, logic and lookups are applied based on the unique customer/vendor identified.
Data is transformed into an output format for consumption by ERP or other system.
Record is created in integrated ERP or other system of record.
With accounts payable automated invoice processing, text is lifted out of AP invoices with 100% accuracy, eliminating manual processes so you can convert emailed trade-payable AP invoices into EDI 810s within minutes, and then have them flow directly into your system of record.
Invoice automation software increases productivity by 80%, so you gain 5x as many early payment discounts.
Invoices are transcribed with 100% data accuracy, eliminating costly errors.
Custom process configuration and advanced AI algorithms eliminate manual processing, process inefficiencies and processing errors.
Genpak chose Conexiom to provide customers an efficient and error-free ordering experience.
Time Saved per CSR
Data Accurate Purchase Orders
Werner Electric Supply chose Conexiom to help them in their relentless pursuit of delivering exceptional customer experience.
Hours per Year Freed for CSRs
Data Accurate Purchase Orders
Trading Partners Automated
Compugen turned to Conexiom to automate their sales order process with 100% accurate touchless orders.
Annual Revenue in Millions
Number of reps who spend time manually entering or processing documents.
Percentage of time each rep spends manually entering or processing documents.
Additional Customer Touchpoints
Implement these 3 automation strategies to transform into a modern business that is agile, resilient, and customer obsessed.
By embracing technology to automate manual AP processing, Royal Brass & Hose was able to stop relying on people to physically handle paperwork which helped them process invoices faster and with greater accuracy, relieve hiring pressures, and reconcile invoices in seconds.
VP of Software Development Will Anderson discusses how ML and AI transform sales order processing, and even the way you shop for groceries.
“I can’t imagine going back to what we did previously without Conexiom”
“We’ve seen a marked improvement in both cycle time for order processing and order entry error rates.”
“Their continued development and growth in solutions supporting our business objectives firmly establishes Conexiom as a partner in our business.”
“We use Conexiom to convert customer purchase orders into our ERP system, they did a very good job. Their technology is advanced.”
“It’s a win for everyone.”
“Flexibility, 100% accuracy, ability to build in business rules allowing touchless order processing, intuitive and user-friendly interface.”
“We have started an AP automation program with Conexiom and are working with them as an early adopter of a new part of the product, I have found them easy to work with, responsive to our needs and able to work with us to make sure we are able to fulfil our business need fully”
“There is nothing difficult about using Conexiom.”
“We were able to reduce the number of sales orders that had to be manually entered by half. We saw a full ROI in under a year.”
“Conexiom is definitely worth implementing.”
Conexiom uses patent-pending intellectual property to ensure that data is captured and transformed accurately. Conexiom does not use Optical Character Recognition (OCR) to estimate data on an invoice due to reliability issues. Our technology is based on mapping what is on each supplier’s invoice format along with automating business rules regarding how that data should be mapped into the financial system. Since we work in conjunction with accounts payable during the initial setup and configuration, detailed business rules can be defined, captured, and incorporated into the mapping.
Although the Conexiom web-based interface for users is in English, this does not impact Conexiom’s ability to recognize and transform incoming invoices in other languages. Conexiom is in use in dozens of countries as it supports double-byte character sets such as those found in Asian & Arabic languages.
Conexiom users can request a copy of the Conexiom EDI 810 specification to determine its suitability for their needs.
The responsible party is notified of exceptions via email. Typically, Conexiom notifications can be handled by Conexiom users without assistance. For example, managing a new address that appears on an invoice may require a user to provide Conexiom with an update to the list of supplier address account numbers. Once updated, Conexiom will remember the new information to allow orders to process without an exception. If an exception requires re-mapping because the invoice format has changed significantly, we would work together with the Conexiom user to make such changes.