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Description
Hermes is an advanced solution tailored for the logistics and manufacturing sectors, specifically designed to streamline billing processes and enhance supply chain tracking for businesses. Utilizing cutting-edge technologies such as artificial intelligence, machine learning, robotic process automation, and optical character recognition, Hermes positions itself as an industry leader. This innovative solution simplifies the management of accounts payable and harnesses automation to expedite payments while minimizing losses.
A significant challenge identified by CFOs in the realm of accounts payable invoice processing is the overwhelming influx of non-standard invoices in various formats from numerous vendors, often received continuously via email. Additionally, the Accounts Payable team faces the arduous task of manually verifying and processing these invoices, requiring multiple checks to ensure their accuracy and validity, which adds to the complexity of the workflow. Hence, addressing these challenges is crucial for improving operational efficiency in the accounts payable process.
Description
The Automation Solution for Accounts Payable, developed on the Kofax TotalAgility framework, provides unparalleled touchless AP automation through advanced cognitive invoice capture, seamless integration with ERP systems, and automated process orchestration, significantly enhancing operational efficiency, transparency, and control. This comprehensive platform not only addresses current needs but also paves the way for endless automation possibilities in labor-intensive and document-centric business scenarios. Numerous providers claim to automate accounts payable processes; however, this solution stands out by accommodating any invoice type, regardless of format or delivery method. It features top-tier document classification and data extraction capabilities, intelligence-assisted vendor verification, and mechanisms for detecting duplicate entries. The system also incorporates automated two-way and three-way matching, along with digital workflows that include notifications, escalation procedures, and mobile approval options. Furthermore, it ensures real-time bidirectional integration with your existing infrastructures, thereby creating a cohesive operational ecosystem. By utilizing this solution, organizations can expect not only immediate improvements but also long-term benefits in their accounts payable processes.
API Access
Has API
API Access
Has API
Screenshots View All
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Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$1.77 per invoice
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
Calpion
Founded
2004
Country
United States
Website
www.automateinvoices.com
Vendor Details
Company Name
Optima Global Solutions
Founded
2001
Country
United States
Website
www.optimags.com
Product Features
Product Features
Accounts Payable
Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management
