- Intellect Design introduces AI-powered platforms iCPX and iAPX.
- Platforms aim to enhance corporate procurement and accounts payable processes.
- Target revenue of $30-35 million by 2027.
Intellect Design Arena Ltd., a leading FinTech company, has unveiled two new AI-driven platforms: iCPX (Corporate Procurement eXchange) and iAPX (Accounts Payable eXchange). These platforms utilize eMACH.ai, the largest open finance platform, to enhance corporate procurement efficiency and financial processes.
iCPX is designed to improve corporate procurement by tackling issues like cost overruns and inefficiencies. With over 100 procurement methods and pre-built tools, iCPX offers businesses the flexibility to create custom solutions. iAPX focuses on streamlining accounts payable processes, ensuring timely payments and compliance with regulations. Intellect Design aims to generate $30-35 million in revenue from these platforms by 2027.
