Posted April 15, 2021

Conexiom posts record quarter

Conexiom, a provider of sales order automation, announced that the first quarter of 2021 was its best quarter in company history.

Conexiom reports 74 percent year-over-year growth and a Net Promoter Score (NPS) of 72. This follows a year where Conexiom had record-breaking quarter-over-quarter growth while doubling the size of its global team.

With the economic recovery from COVID-19 underway, manufacturers and distributors large and small across the globe are taking action to automate the processing of business-critical transactions to improve customer experience, reallocate labor, and reduce costs, Conexiom said. These transactions are mission critical, have complex business logic and high variability in data and structure. They include not only purchase orders and AP invoices but, special pricing agreements, requests for quotes, order acknowledgements, and advanced shipping notices.

"The rapid acceleration of digital transformation has disrupted B2B forever, requiring sellers to operate with unprecedented speed, accuracy, and levels of customer satisfaction. Our customers want to eliminate labor-intensive, error-prone processes that slow growth in favor of those granting employees time to spend on activities that create greater enterprise value," said Ray Grady, president and CEO of Conexiom. "The business value created by an automation solution that delivers True Automation — the transformation of unstructured data with extreme variability into 100% data accurate touchless transactions — cannot be overstated."