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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

A straightforward approach to bulk ordering allows users to access updated price lists while managing their balances and account status more efficiently. By eliminating the expenses linked to traditional ordering methods and the complexities that come with implementing storefront solutions, businesses can streamline their processes. Incorporating robust support for complex payment terms into the ordering system enables automatic order approvals while mitigating the risk of bad debts. Furthermore, the payment options are highly adaptable, allowing each buyer to negotiate bespoke pricing and payment terms that may vary with each transaction. This often leads to a cumbersome and error-prone oversight process, which can contribute to significant financial losses, with estimates suggesting that the US alone loses over $300 billion annually due to this issue. Research indicates that B2B commerce, characterized by substantial orders, is particularly vulnerable, with studies showing that human errors in order entry can account for a loss of over 8% of total revenue. To combat these challenges, businesses must prioritize the integration of effective systems that minimize the potential for mistakes and enhance overall efficiency.

Description

Invoice processing has long been recognized as one of the most labor-intensive and error-prone activities within organizations. Each day, invoices totaling billions are handled, which complicates the task for accounts payable departments as they must manually verify, extract information, download, and ultimately prepare data for payment processing. The rise of digital transformation has significantly expedited the automation of this procedure, leading to enhancements in efficiency and effectiveness while simultaneously minimizing human errors and allowing companies to reduce costs. HCL’s EXACTO™ Invoice is a unique platform that utilizes patented artificial intelligence, deep learning, and natural language processing to streamline the extraction of data from invoices, receipts, and purchase orders. It integrates effortlessly with a variety of sources and is capable of processing documents in over 13 languages, offering advanced AI and machine learning features for document classification and digitization. This innovative technology not only saves time but also empowers businesses to focus on strategic initiatives rather than tedious administrative tasks.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Dealer-Relay

Founded

2015

Country

Israel

Website

www.dealer-relay.com

Vendor Details

Company Name

HCL Software

Founded

1976

Country

Italy

Website

www.hcltechsw.com/exacto

Product Features

Order Management

Back Order Management
Catalog Management
Inventory Management
Order Entry
Order Fulfillment
Order Tracking
Recurring Orders
Returns Management
Shipping Management
Special Order Management

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