Intellinetics Expands Payables Automation Solutions Practice into K-12 Market Following Successful Pilot Program
17 October 2024 - 7:06AM
Business Wire
Fueled by Demand for AP Automation and ERP Partnership in Key
K-12 Market
Intellinetics, Inc. (NYSE American: INLX), a digital
transformation solutions provider, today is proud to announce the
expansion of its IntelliCloud Payable Automation Solution (IPAS)
into the K-12 market in partnership with Software Unlimited, Inc.
(SUI), a major software developer and publisher of solutions for
the K-12 market. The expansion follows the successful completion of
a pilot program with Clear Creek Amana Community School District
(CCACSD).
Intellinetics IPAS for K-12 virtually eliminates all paper and
manual steps in the scanning, capture, indexing, and filing of a
school district’s AP Invoices and automates the approval process
while improving transparency and audit capabilities.
The IntelliCloud Capture as a Service (CaaS) feature processes
invoices sent to email inboxes and uses AI to determine invoice
type, analyze and extract key fields on the document, and files the
invoice automatically and securely into IntelliCloud™,
Intellinetics’ flagship electronic document management platform,
branded as K12Docs for SUI customers, for fingertip viewing.
Once invoices have been categorized according to the school
district’s criteria, they are automatically routed to the
respective departments for approval. Each department is instantly
notified that invoices have arrived and are ready to be coded and
approved.
“School Districts often rely on labor-intensive and disconnected
systems in an attempt to manage their AP processes and as a result,
they are constantly chasing and shuffling paper, buried in manual
work, and anchored to filing cabinets,” said Corey Atkinson,
Director of Sales & Marketing for SUI. “After a successful
pilot program with CCACSD, we are excited to introduce IPAS to our
customers to eliminate the most common pain points we see in a
school districts AP processing and provide a solution for working
more efficiently with critical business data, reduce costs, and
strengthen compliance.”
“We are confident in the K-12 sector as a key market for
generating significant IPAS SaaS revenue growth,” said James F.
DeSocio, President & CEO of Intellinetics. “The tangible ROI
IPAS provides to K-12 customers, combined with the large
addressable market for IPAS created by the partnership with SUI, as
well as sales opportunities within our direct K-12 customer base,
underscores that confidence.”
Continued DeSocio, “We remained focused on increasing our paths
to market for IPAS by building strategic partnerships with
best-in-class ERP vendors like SUI. Our ability to embed our
technology with theirs is the building block for mutual
growth.”
“As a longtime customer of SUI and Intellinetics, we were
honored to be part of the pilot program for IPAS,” stated Lori
Robertson, Sr. Executive Director of Finance, CCACSD. “It’s
exciting to know they are constantly innovating and transforming
their platform and services to address our biggest challenges. The
ability to capture AP invoices directly from email, effortlessly
automate our routing and approval process, and securely store them
in K12Docs is akin to getting 25% more man-hours for our
department. By automating mundane tasks, our employees, one of our
district’s greatest assets, can unlock their full potential and
focus on strategic priorities that advance student academic
achievement.”
About Intellinetics, Inc.
Intellinetics, Inc. (NYSE American: INLX) is enabling the
digital transformation. Intellinetics empowers organizations to
manage, store and protect their important documents and data. The
Company’s flagship solution, the IntelliCloud™ content management
platform, delivers advanced security, compliance, workflow, and
collaboration features critical for highly regulated,
risk-intensive markets. IntelliCloud connects documents to users
and the processes they support anytime, anywhere to accelerate
innovation and empower organizations to think and work in new ways.
In addition, Intellinetics offers business process outsourcing
(BPO), document and micrographics scanning services, and records
storage. From highly regulated industries like Healthcare/Human
Service Providers, K-12, Public Safety, and State and Local
Governments, to businesses looking to move away from paper-based
processes, Intellinetics is the all-in-one, compliant, document
management solution. Intellinetics is headquartered in Columbus,
Ohio. For additional information, please visit
www.intellinetics.com.
About Software Unlimited, Inc.
The mission at Software Unlimited, Inc. is to create, maintain,
update, and support comprehensive and affordable fund accounting
solutions tailored to meet the state specific reporting
requirements for K-12 schools. In-house product developers,
full-service training staff, and a knowledgeable customer service
team guarantee customers will receive unlimited access to service
and support from experienced professionals. Inclusive licensing
covers unlimited updates, training, and support to help K-12
administrators focus on what is important. For additional
information, please visit www.su-inc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241016817663/en/
Investor Contact: Joe Spain, CFO Intellinetics, Inc.
614.921.8170 investors@intellinetics.com
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