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Missing packages? 1 in 10 get stolen or lost every day. AI can fix that.
15% of all deliveries in cities fail to reach customers due to package theft or wrong addresses, according to the New York Times. That’s a staggering number.
Lower your credit card fees through Level 3 credit card processing data
Adding level 3 data to your transactions reduces the chance of fraud or unauthorized transactions as well as reduces the risk of chargebacks.
Cut your payment processing costs by 34% with "Level 3" data
Most businesses are unaware of that this is possible. Merchants who provide "Level 3" data to their credit card processors can save up to 50-100 basis points on credit card interchange fees. That is nearly halving your payment processing costs.
10 reasons why a Vendor Portal leads to eCommerce business growth
Implementing a modern Vendor Portal or Supplier Relationship Management system is key to streamlining your supply chain.
NVIDIA GTC 2020 hosts live interactive session on how AI streamlines document processing
The group will be discussing the latest trends in NLP, computer vision, GPU-accelerated machine learning training, and document understanding.
Moore's Law...is dead
Moore's Law...is officially dead. The digital age has now transitioned to "Huang's Law", thanks to NVIDIA.
Fujitsu and Photon Commerce partner to bring next-gen AI into scanning hardware and document management
Fujitsu and Photon Commerce have partnered together to build a bridge between the paper and digital worlds, made possible with document machine intelligence.
NVIDIA's GPU Technology Conference GTC 2020 chooses Photon Commerce to present: How to achieve reading comprehension of business documents using GPU powered deep learning
Photon Commerce is a partner of the world's deep learning hardware leader, NVIDIA, leveraging the NVIDIA Inception Program.
The Nasdaq building in Times Square features Photon Commerce
The Nasdaq HQ building in Times Square celebrated Photon Commerce and its other startups' accomplishments.
50% of invoices are paid late
$3 trillion. That's how much money is overdue from invoices right now in the US. Vendors feel the pain every day this cashflow problem lingers.
The time is now - Automate to make your supply chain more resilient
To understand the depth of this issue, inventory errors, missing paperwork, inadequate visibility, incorrect pricing, incorrect invoice payments, inventory delivery delays through manual receiving processes, and more cost an average of $120 to $150 per purchase order in shipments to distribution centers and retail stores
Pandemic-proofing your relationships with vendors and customers
In a nutshell, automation can cut costs by 81% and improve efficiency by 73% (Business Insider). To address cost and efficiency, AP automation can save $16+ per invoice, depending on the size of your company
The market for Intelligent Document Processing is exploding
The Intelligent Document Processing market is rapidly accelerating at 70-80% Compound Annual Growth Rate (CAGR) as enterprises seek to harness the power of AI to improve compliance, governance, and cost-efficiency of processing documents into data.
What inspired the founding of Photon Commerce?
Our vision is to enable any business to share, collaborate, and communicate around data seamlessly, starting with supplier data, eventually building a bridge to customer data.