OPEX® Partners with Photon Commerce to Deliver Cutting-Edge Remittance, Check, Bill, and Document Processing Solutions
June 19, 2023
MOORESTOWN, N.J. (April 24, 2023) ― OPEX® Corporation, a global leader in Next Generation Automation providing innovative solutions for document, mail, and warehouse automation, has partnered with Photon Commerce, a leading provider of AI-powered remittance and check capture solutions, to streamline the way businesses process documents and payments.
Through this partnership, OPEX’s products and Photon Commerce's advanced document AI and OCR technology will provide businesses with a powerful solution to capture and process remittances, checks, bills, contracts, and statements with 99% accuracy.
“OPEX is excited to partner with Photon Commerce to bring the latest in AI and OCR technology to our award-winning solutions,” said Tim Osman, Business Alliance Manager of OPEX. “With this integration, our customers will be able to streamline their payment processing operations and achieve unprecedented levels of accuracy and efficiency.”
Photon Commerce's innovative technology is built on a foundation of machine learning, computer vision, and natural language processing, allowing businesses to extract valuable data from checks and remittances with industry-leading accuracy approaching 99%. This partnership will allow businesses to process high volumes of payments quickly and accurately, without the need for manual intervention.
Photon Commerce and OPEX both serve lockbox, mailroom, financial services, and financial institutions as well as warehousing and freight companies.
“We are thrilled to partner with OPEX to deliver cutting-edge remittance processing solutions to businesses of all sizes,” said Michael Young, Founder & CEO of Photon Commerce.
About OPEX
OPEX Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document, and mail automation. With headquarters in Moorestown, NJ, USA—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has more than 1,600 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future. To learn more visit www.opex.com.
About Photon Commerce
Photon Commerce is a leading provider of AI-powered remittance and check capture solutions, delivering unparalleled accuracy and efficiency to businesses of all sizes. Photon Commerce's innovative technology is built on a foundation of machine learning and computer vision, allowing businesses to extract valuable data from checks and remittances with unmatched accuracy. To learn more visit www.photoncommerce.com.
