AP Invoice Automation: Process Invoices in Seconds, Not Days
Conexiom’s Accounts Payable (AP) Invoice Automation replaces the manual processing of invoices with 100% data accurate, touchless automation. So you can process invoices faster and take advantage of every early payment discount.
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.
“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”
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.
Does Conexiom support multiple languages?
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.
Does Conexiom follow the EDI 810 Invoice specification?
Conexiom users can request a copy of the Conexiom EDI 810 specification to determine its suitability for their needs.
How are invoice exceptions handled and resolved?
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.
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