Xtracta Partner With Accredo

The latest version of Accredo gives its customers free access to Xtracta's data extraction technology from June, 2015. This new technology allows businesses to have data extracted from their documents, making it available for automatic importing into the core Accredo accounting solution. This will cut down time spent on manual data entry enabling these business' employees to have more time to perform more valuable tasks. 

Kevin Carberry, Channel Manager for Accredo said, “The Xtracta App will improve workflow efficiency and help our customers have more time for the things that help their businesses grow”.  He says businesses often require employees to cover multiple roles, and time spent on data entry can be the least valuable but most necessary part of their job. “Time is money, and the Xtracta App will give our customers more.”

The Xtracta App within the Accredo platform is focused on Accounts Payable and is able to extract data from invoices.  There are plans put in place to expand this functionality to include purchase order matching for invoices, as well as the ability to extract data from shipments and receipts. “Accredo's software can be tailored to suit most businesses. We look forward to seeing how Accredo users will uniquely configure their systems to best use the data extraction service within their business processes,” says Jonathan Spence, Xtracta CEO.

Accredo provides proven accounting and business management software, purpose-designed for growing New Zealand and Australian organisations.  The partnership with Xtracta allows them to offer their clients access to accurate, and easy to use extraction technology previously only accessible by large businesses for a significant cost.

Xtracta is a New Zealand company which has created the Xtracta App, an extraction technology with an artificial intelligence system.  This means that unlike any other extraction offering in the market the Xtracta App will learn through use. The Xtracta App is free to trial in the Accredo platform for all Accredo v4.0 users.

For more information please visit the website at http://www.xtracta.com .