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Stock impact report

Intellinetics Expands Payables Automation Solutions Practice into K-12 Market Following Successful Pilot Program [Yahoo! Finance]

Intellinetics, Inc. (INLX) 
NASDAQ:AMEX Investor Relations: intellinetics.com/investor-relations
Company Research Source: Yahoo! Finance
Intellinetics IPAS for K-12 virtually eliminates all paper and manual steps in the scanning, capture, indexing, and filing of a school district's AP Invoices and automates the approval process while improving transparency and audit capabilities. The IntelliCloud Capture as a Service (CaaS) feature processes invoices sent to email inboxes and uses AI to determine invoice type, analyze and extract key fields on the document, and files the invoice automatically and securely into IntelliCloud™, Intellinetics' flagship electronic document management platform, branded as K12Docs for SUI customers, for fingertip viewing. Once invoices have been categorized according to the school district's criteria, they are automatically routed to the respective departments for approval. Each department is instantly notified that invoices have arrived and are ready to be coded and approved. "School Districts often rely on labor-intensive and disconnected systems in an attempt to manage their AP proc Show less Read more
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