MyndAPX
MyndAPX is a revolutionary vendor management & automated invoice processing software built to handle heavy volumes providing touchless invoice processing to the customers. It's AI & ML, Intelligent OCR, and IDP modules to 2-way & 3-way matching of invoices without seeking manual intervention. Only in the case of expections, manual intervention is required. Revolutionize your AP with MyndAPX - the AI-powered platform that eliminates manual effort while maximizing accuracy and control. Our intelligent solution transforms the entire AP lifecycle from tedious burden to strategic advantage, seamlessly integrating with your existing ERP systems while providing unprecedented visibility. The platform's AI engine extracts data from any invoice without templates, while our comprehensive vendor portal empowers suppliers with self-service capabilities that dramatically reduce queries. Vendors can manage everything from onboarding and PO acceptance to invoice submission and payment tracking in a single digital hub. _Integrations_ • SAP (ECC and S/4HANA) • Oracle EBS • Microsoft Dynamics • Tally • Custom ERP systems through API integration • Banking systems for payment processing • Government portals for compliance verification (GST, PAN, etc.) • Material management systems • Inventory management systems • Project management systems • Timesheet systems • Hospital management systems • Core banking/insurance systems Features:- • Game-Changing Intelligent Document Processing: Our AI doesn't just read documents - it understands them, extracting data with remarkable accuracy from any format without templates or manual intervention. • Revolutionary Vendor Portal: Transform supplier relationships with our digital collaboration hub where vendors manage everything from onboarding to payment tracking, dramatically reducing queries and improving satisfaction. • Infinitely Flexible Workflow Engine: Configure complex approval paths without coding to match your exact organizational structure and business rules while maintaining bulletproof compliance. • AI-Powered Validation Rules: Eliminate exceptions with intelligent validation that simultaneously checks invoices against multiple parameters, dramatically increasing straight-through processing rates. • Actionable Analytics Dashboard: Turn AP data into strategic insights with customizable real-time dashboards that enable proactive decision-making and continuous process optimization. • Streamlined Purchase Management: Digitize requisitions with customizable templates, multi-level approval workflows, and automated PO generation for error-free procurement. • Precision Invoice Matching: Automate two-way or three-way matching with configurable rules that catch discrepancies while allowing legitimate variations within your defined tolerance levels. • Optimized Payment Processing: Maximize working capital with automated scheduling, early payment discount tracking, and seamless ERP integration for payment execution. • Global Multi-Currency Support: Effortlessly handle transactions across 40+ countries with automatic currency conversions and appropriate tax rule application. • Bulletproof Audit Trail: Maintain detailed, tamper-proof records of all actions for ironclad compliance and audit readiness. _Support Options_ • 24/7 technical support • Regular system updates • User training • Dedicated account management for ongoing optimization • Implementation support (8-week standard implementation timeline) • Configuration assistance • Integration support • Custom report creation _Security_ • 128-bit SSL encryption for data transmission • SSAE 16 compliance for data center operations • Data encryption in transit and at rest • Multi-factor authentication • Role-based access control • IP whitelisting • Regular security audits • Automated threat detection • Real-time monitoring Security Certifications: • ISO 27001:2013 • SOC 1 Type II • SOC 2 Type II • PCI DSS Compliant • GDPR Compliant
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