Accounts payable

Nexelus unveils apworks.ai using artificial intelligence to simplify accounts payable process

NEW YORK–(COMMERCIAL THREAD) – Nexelus (https://nexelus.net) has released its highly anticipated cloud solution, apworks.ai. This revolutionary product addresses the manual practice and high cost of accounts payable processing, using artificial intelligence and machine learning technology to automate and simplify the payment process for operational and finance teams across any industry. .

“We have successfully tested Nexelus’ AP workflow automation solution for various scenarios and use cases. We were able to assess the efficiency gains using this solution for different businesses. We look forward to an improved and efficient workflow, ”said Andrea Scapicchio, Controller, US Creative Service Line at Dentsu Advertising.

Based on Amazon’s technology stack and designed as a multi-tenant SaaS product, apworks.ai enables the processing of all types of media, production and overhead invoices with little to no human interaction. An easy-to-use dashboard guides users through the invoice lifecycle. But it’s the sophisticated and configurable routing mechanism that really stands out, providing seamless invoice routing and approval.

The main features of apworks.ai include:

  • Approval management – rule-based approval and routing configuration

  • Direct Email – allows vendors and / or the accounting team to email invoices to the system

  • Easy setup – supplier template catalog available to all customers, making it easy to set up new suppliers

  • Multiple formats – supports multiple vendor invoice formats

  • Seamless integration – integrated with the Nexelus product offering (media, production and overhead). No need to maintain a separate list of suppliers and employees, data is extracted and transmitted to and from Nexelus or as a standalone system

  • Automatic routing – approved invoices are automatically available in Nexelus and your ERP / accounting system

  • Variance management – predictable management of variances with little or no administrator involvement

  • Machine Learning – the product models the structure of the invoice and ensures a high level of predictability, even if some required information is missing on the invoice

About Nexelus

Nexelus is a leading developer of cloud-based operational software, developing solutions for the marketing and media industries for over 15 years. Nexelus SaaS software solutions help agencies manage project, resource and campaign workflows with improved speed and efficiency, especially with estimates, costs, time, approval, invoicing and profits. Nexelus integrates with all major accounting software packages. With offices in North America and Asia, Nexelus offers 24/7 global support.

Comment here

placeholder="Your Comment">