Photon Commerce and Creatio Partner to Revolutionize Financial Automation with AI + OCR Powered Intelligent Document Processing
Photon Commerce and Creatio Partnership Announcement
Photon Commerce, a leading financial AI platform, is announcing an exciting new technology partnership with Creatio, a global vendor of a no-code platform to automate workflows and CRM with a maximum degree of freedom. This collaboration empowers Creatio users to seamlessly integrate Photon Commerce's intelligent document processing, OCR, and AI capabilities, automating key financial workflows and significantly enhancing accounts payable and accounts receivable processes.
Streamlining Financial Operations with Intelligent Automation
The integration between Creatio and Photon Commerce addresses a critical need for businesses seeking to optimize their financial operations. Manual data entry and reconciliation are time-consuming, error-prone, and costly. By combining Creatio’s powerful no-code workflow automation platform with Photon Commerce's AI-driven document processing, organizations can achieve unprecedented levels of efficiency and accuracy.
Key Benefits of the Photon Commerce and Creatio Partnership
Automated Data Capture: The integrated solution automatically extracts contract, form, statement, order, invoice and receipt data from PDF attachments directly within Creatio, eliminating manual data entry and ensuring accurate record-keeping.
Accelerated Payment Cycles: By streamlining document processing, the partnership accelerates both Accounts Receivable and Accounts Payable cycles, improving cash flow and reducing processing times.
Enhanced Accuracy: Photon Commerce's AI platform extracts hundreds of data points from any document image with at least 99% - 100% accuracy.
Improved Reconciliation: The solution supports automated reconciliation within Creatio by matching records with data received from Photon Commerce, helping users efficiently manage financial discrepancies.
Scalable Solution: Photon Commerce processes millions of documents each day.
Cost Savings: Automating document processing reduces manual labor costs, minimizes errors, and improves overall operational efficiency, resulting in significant cost savings for organizations.
For Photon Commerce Users
Photon Commerce users now have access to a powerful no-code workflow automation platform to further streamline their financial processes and integrate document data with other critical business functions.
For Creatio Users
This partnership provides Creatio users with access to a best-in-class AI-powered document processing solution, seamlessly integrated within the Creatio platform. Users can automate their invoicing and bill pay processes, reduce manual effort, and improve the accuracy of their financial data.
Quotes
"We are thrilled to partner with Photon Commerce to bring the power of AI-driven document processing to Creatio users," said Kate Delagado, Head of Technology alliances at Creatio. "This integration has been one of our most requested solutions and has already made an impact with our customers to automate their financial workflows, improve efficiency, and gain valuable insights from their financial data."
"Photon Commerce is excited to partner with Creatio to revolutionize financial automation," said Chris Robinson, Director of Solutions Architecture at Photon Commerce. "This is a natural partnership as manual data entry is a major bottleneck when automating financial data."
About Photon Commerce
Photon Commerce's financial AI platform empowers businesses to instantly process any document image with 99% - 100% accuracy. Photon's intelligent platform understands and harmonizes data, down to even line-item purchase analytics and prediction. Over 120 fintech, eCommerce, and logistics companies use our solution to eliminate manual data entry. www.photoncommerce.com
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About Creatio
Creatio is a global vendor of one platform to automate workflows and CRM with no-code and a maximum degree of freedom. Millions of workflows are launched on our platform daily by thousands of clients globally. Creatio combines no-code capabilities and a unified CRM to provide end-to-end automation of customer-facing processes and beyond. Creatio Marketplace offers hundreds of ready-to-use apps and connectors to extend the platform functionality. Creatio is recognized as a leader and innovator by key industry analysts. Learn more at www.creatio.com.
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