Intellect Design Arena Ltd.

Intellect Design Arena has launched two cutting-edge AI-powered platforms: iCPX (Corporate Procurement eXchange) and iAPX (Accounts Payable eXchange) using eMACH.ai, the largest, most comprehensive and innovative open finance platform. These revolutionary platforms apply ‘First Principles’ Thinking along with embedded GenAI from Intellect’s own Purple Fabric AI platform to extend Intellect’s presence in the Commerce ecosystem by transforming procurement and accounts payable operations for large and mid-sized enterprises.

iCPX is the first-ever purpose-driven and open API-based source-to-pay platform aimed at reimagining the corporate procurement ecosystem. Accounts Payable (AP) processing is the backbone of financial operations for all organizations to ensure efficiency in cash management function along with maintaining healthy supplier relationships. The foremost challenges in Accounts Payable encompass handling high volume of invoices in disparate formats and ensuring timely payments to suppliers, while ensuring compliance to all statutory requirements. iAPX, the world's most comprehensive patented AI-led Accounts Payable Platform gives an unprecedented accuracy and efficiency to clients in the accounts payable process.

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.