Corcentric Intelligent Applications
AI-driven insights that set your business up for long-term success
Corcentric Intelligent Applications
AI-driven insights that set your business up for long-term success
Lower your costs and simplify critical business processes
Corcentric Intelligent Applications are built on an AI-powered platform which serves as the foundation for all our next-generation products. Our platform augments human capabilities with intelligent solutions to reduce your workload and empower faster, more informed business decisions.
Corcentric Intelligent Applications
With Intelligent Applications, we support your digitization journey by transforming outdated finance processes—so you can achieve real-time data visibility, optimized processing time, and reduced operational costs.
Through our AI-powered technology, you gain visibility into the full processing cycle through “one source of truth”.
Intelligent AP Automation
Our Intelligent AP Automation solution sets your business up for success by increasing AP speed, efficiency, and productivity with intelligent data capture to maximize accuracy and decrease costs. Through artificial intelligence and machine learning, Intelligent AP Automation minimizes your workload, reducing AP processing time from days to minutes.
- Document management: Identify, split, and rename documents, in real-time, across a fully automated process.
- Process optimization: Increasing speed and visibility at every stage, AI accurately identifies discrepancies and anomalies, and automatically codes invoices—with minimal human intervention.
- Straight-through processing: Reduce processing time through detailed line-item extraction, two- and three-way matching, and double verification.
Meet Gopher, Our Intelligent Assistant
When you need to know, you need Gopher! Our Intelligent Assistant leverages AI to automate complex business processes, empowering you to make more informed decisions from anywhere, at any time. With key information right at your fingertips, you can collaborate seamlessly across your organization and take action while on the go.
- Natural Language Processing: Save time and reduce training needs by interacting with Gopher in plain statements and questions.
- Flexibility: Access data and keep workflows moving while on the go through conversational interactions on Microsoft Teams—without ever logging into the platform.
- Adaptability: Custom knowledge base configured to your company’s most asked prompts and data retrieval needs.
See how AI impacts the cost of processing a single invoice:
$13
Manual data entry
SOURCE: AIIM AP & P2P REPORT
$4
Template based OCR
SOURCE: MAX PALMER, DUE
<$1
Combined AI data capture
SOURCE: CORCENTRIC AI EVALUATION
“Unlike a chatbot, it is a two-way assistant that sends notifications in Teams to remind us of our tasks to do. As the Assistant improves, we discover new use cases. This is what will differentiate a classic chatbot from a real smart tool that brings added value to our teams.”
Resources
Our latest insights
report
Investing in Payments Systems for the Digital Economy
In an uncertain economy, CFOs are making technology investments that are crucial for long-term success.
REPORT
IDC MarketScape: Worldwide SaaS + Cloud-Enabled Procurement Applications 2023
Corcentric named a Major Player in the procurement applications space in 2023 Procurement IDC MarketScape assessment.
White Paper
Shortening the Cash Conversion Cycle
Whether you are a buyer or supplier, learn how managed services can help you free up working capital.
Resources
Our latest insights.
report
Investing in Payments Systems for the Digital Economy
In an uncertain economy, CFOs are making technology investments that are crucial for long-term success.
REPORT
IDC MarketScape: Worldwide SaaS + Cloud-Enabled Procurement Applications 2023
Corcentric named a Major Player in the procurement applications space in 2023 Procurement IDC MarketScape assessment.
White Paper
Shortening the Cash Conversion Cycle
Whether you are a buyer or supplier, learn how managed services can help you free up working capital.