We are excited to share that we are teaming up with BNY to bring Open Account Automation to their clients! By combining BNY’s trade finance expertise with our open account automation technology, we’re helping companies simplify how they match and approve transactions and pay their suppliers, reducing errors, and saving significant costs.
Kanexa
Technology, Information and Internet
Kanexa | The Supply Chain Financial Operations System
About us
Kanexa enables global corporate buyers to digitise and automate their supply chain financial operations across their vast network of suppliers. Deployed on modern technology, including cloud, blockchain and generative AI, and integrated to ERP and supplier accounting software, transactional data (PO, invoice, logistics, goods receipt) is passed digitally between a buyer and their suppliers and matched against codified contract terms, with discrepancies resolved based on rules and workflow. Approved invoices are automatically scheduled for payment with the option for early payment. The outcome is a significant reduction in OpEx, faster and more accurate approval and payment, increased visibility and improved supplier working capital.
- Website
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www.kanexa.net
External link for Kanexa
- Industry
- Technology, Information and Internet
- Company size
- 51-200 employees
- Type
- Privately Held
- Specialties
- open account automation, payments, financing, working capital, supply chain finance, and supply chain financial operations