IntelliCloud™ Payables Automation System Fully Automates AP Process
Intellinetics, Inc., (NYSE American: INLX), a provider of solutions and services that enable and accelerate digital transformation, is proud to announce it showcased its IntelliCloud™ Payables Automation System (IPAS) at the 2023 NAHB International Builders’ Show (IBS) January 31- February 2 in Las Vegas. IPAS automates the entire invoice-to-pay-to-reconciliation AP process.
Intellinetics collaborated with the Constellation HomeBuilder Systems division of Perseus Group Software Corporation, a leading provider of software and services in the building industry, to create a seamless AP automation module that is completely integrated with Constellation HomeBuilder Systems’ industry-leading NEWSTAR Enterprise ERP software for home builders and land developers. IPAS utilizes patented artificial intelligence and machine learning technologies to eliminate the costly manual steps in GL-coding, workflows and approvals, data entry, and invoice filing.
“Construction, like many industries, is battling with higher costs across the board,” said Matt Chretien, Chief Strategy Officer at Intellinetics. “We are proud to be working with Constellation HomeBuilder Systems to introduce innovative solutions to help builders reduce costs, strengthen compliance, and make agile business decisions with real-time dashboard views into data, trends, and documents.”
“It has been a pleasure working with the team at Intellinetics and with our homebuilding customers to unlock efficiencies for payables automation”, added Chris Graham, President of Constellation HomeBuilder Systems.
“We continue to drive adoption of our IntelliCloudTM Payables Automation Solution (IPAS), launched earlier this year, by showcasing it at the 2023 NAHB International Builders’ Show (IBS), the largest annual light construction trade show in the world,” said James F. DeSocio, President & CEO of Intellinetics. “IPAS is a new enterprise-class software solution for financial platforms that support very complex cost-accounting markets. Embedding our technology with ERP platforms enables us to enter new markets and scale customer acquisition.”
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