Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
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