Invoice Processing

US accounts payable automation specialist Paymerang, LLC , has announced the asset acquisition of KwikTag, an invoice automation provider for Microsoft Dynamics ERP systems, and the share acquisition of Sypht, an Australia-based AI data platform. The acquisition was completed on April 3, 2023.

Arnold von Büren, CEO of TCG Process, is a Swiss entrepreneur with three decades of experience in capture and input management. On a visit to Australia in February, IDM asked Arnold to outline his views of the current state of Intelligent Document Processing (IDP).

As the National Disability Insurance Scheme (NDIS) continues to grow and mature, transforming the lives of more than half a million Australians, intelligent automation is shaping up as an important tool in easing the growing administrative burden. The NDIS assists Australians living with a disability to identify the support they need to achieve goals in many aspects of their lives.

US company KwikTag has introduced SimplyAP for Dynamics 365 Business Central, designed as a cloud-native AP automation solution.

Esker, a global cloud platform and provider of AI-driven process automation solutions for finance and customer service, today announced the issuance of U.S. Patent No. 11494551 by the U.S. Patent and Trademark Office (USPTO) for Esker’s Document Coding Prediction technology.

Kanverse.ai has announced the launch of Jasper release of its patented AI-powered Intelligent Document Processing Product suite for Enterprises.

EzeScan has announced an integration with Link4 to allow for the processing of e-invoices within a traditional invoice capture workflow. The integration with PEPPOL access provider Link4 allows for EzeScan to process any type of incoming invoices while eliminating the need to manually verify invoicing details, resulting in a more automation-driven process.

Pegasystems has announced new capabilities for Pega Smart Dispute for Issuers. This latest update to Pega's merchant dispute and fraud claim application includes new workflows for resolving the increasing number of non-plastic claims along with expanded coverage for American Express and other payment exceptions.

Kofax has acquired Tungsten Corporation, a global B2B e-invoicing network that facilitates and streamlines complex invoice-to-pay processes.

When discussing intelligent automation with our customers, one key challenge that rises to the top of the conversation is how the data trapped in their documents is the lifeline to many of their processes. They lack the ability to automatically identify the documents, extract the data, and connect it to their employees and processes, and they’re feeling the pain both in back-office operations and on the customer experience.

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