Intellect Design Arena Ltd.

Intellect Design Arena has launched Magic Invoice, the world’s first NO TOUCH invoice processing solution today. The solution is powered by AI, NLP & ML. Magic Invoice is contextual and continuously learns, adapts and integrates well with existing technology ecosystems to automate end-to-end or Email2ERP invoice processing with complete ease.

To ensure complete ease, Magic Invoice helps to streamline and automate the invoice processing journey. The NO TOUCH process starts with Invoices being ingested directly from emails and accurate data capture powers the straight-through invoice processing. The verification and approval process ensures that the invoice data matches with business data points and automatically routes to the right people at different AP - Account Payable stages, scaling up the system with extreme accuracy and speed.

Magic Invoice’s UI is very intuitive and the users typically need zero to minimal training to get started. It can ingest documents from various sources, to classify, contextually capture meaningful data, and integrate the output back into the downstream system through APIs.

Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.