Posted September 16, 2021

Conexiom launches new platform

Conexiom, a provider of trade document automation solutions, introduced The Conexiom Platform, the next generation of its cloud-based automation technology.

Conexiom logoAdding to its existing Sales Automation Solution, The Conexiom Platform has expanded to include Supply Chain and Accounts Payable automation solutions to address additional critical business processes for customers.

The Conexiom Platform focuses on automating documents for companies’ most critical business processes – order-to-cash (O2C) and procure-to-pay (P2P). Customers choose Conexiom to:

  • Create operations that scale: Whether employees are manually entering orders or invoices, touchless automation is one of the most powerful ways to streamline operations and win back thousands of hours of staff time per year.
  • Improve customer experience: Fast, accurate order processing means higher on-time, in-full order rates and happier customers with less churn.
  • Gain greater visibility into supply chains: Automating documents in the P2P process means procurement teams have access to accurate data in real time, enabling them to proactively anticipate and respond to supply chain shifts.
  • Reduce costly AP errors: Invoice errors result in late fees, overpayment and even double payments to your vendors. Reducing error from manual data entry means cost and time savings for your business and reduced friction in your vendor relationships.
  • Increase employee satisfaction and retention: By eliminating manual, repetitive work, staff can refocus their time on higher-value activities that keep them engaged.

Ray Grady“The combination of heightened B2B customer expectations and the unpredictability of global supply chains has given businesses a mandate to automate,” said Ray Grady, president and CEO of Conexiom. “Businesses that want to stay competitive and modernize are realizing that seamless operations are table stakes. The companies that are winning market share are focused on being customer-centric. With the expansion of our platform, I’m excited to see how we can continue to help customers achieve transformative automation outcomes, not only in their order-to-cash processes, but throughout their entire supply chain. By automating their operations, our customers are able to scale their human capital, cut costs, and most importantly – focus on their customers.”

Companies spend billions per year on digital transformation initiatives, yet over half of B2B transactions still involve emailing documents between parties and manually entering them into their systems. By automating these processes, customers can focus on building frictionless customer relationships, creating resilient operations that scale as their business grows and delivering efficiencies to the bottom line.

The Conexiom Platform addresses this digital automation gap, helping businesses to automate their document processing by accurately extracting data from unstructured trade documents, such as purchase orders or invoices, and transforming it into structured data in the businesses’ system of record or engagement.