Sage, the leader in accounting, financial, HR and payroll
technology for small and mid-sized businesses (SMBs), announce a
landmark partnership with Artis Trade Systems “Artis”, to automate
document data entry and accelerate financial and document workflows
for Secured Finance Lenders, Transportation and Commercial
Companies.
Artis is a technology company that provides performance tools
for Secured Finance Lenders to increase efficiency, reduce costs,
generate new sources of revenue and reduce credit risk. Artis also
serves transportation, manufacturing, construction and other
companies that are looking to reduce costs and improve their
efficiency through document management and offering early payments
at a discount.
Through Sage’s AI Document Services, Artis’ customers will
benefit from faster, more efficient and accurate processing of
critical financial documents, reducing manual work and enhancing
speed in Factoring, Asset-Based Lending and Supply Chain
Financing.
This collaboration marks the first time Sage is delivering AI
services to a partner’s platform, highlighting its strategy to
extend the reach of its proven AI capabilities beyond its own
product ecosystem.
Known for empowering SMBs with innovative technology, Sage is
now making its AI solutions available to a broader partner
ecosystem, including Financial Technology companies, Independent
Software Vendors (ISVs), and banks. By partnering with companies
like Artis, Sage enables these organizations to drive operational
efficiency, improve accuracy, and create new revenue streams by
integrating AI into their platforms. This partnership represents a
significant step in Sage’s broader innovation strategy, with plans
to introduce additional AI services, such as fraud detection and
generative AI, in the near future.
“Our partnership with Artis is an exciting step forward in
bringing our AI innovations to new markets. These AI capabilities
are already embedded within Sage’s products and are trusted by our
SMB customers to save them hundreds of hours annually. By
automating document processing for Artis, we’re not only delivering
faster, more efficient workflows for their customers but also
enabling significant time savings and greater accuracy. This
partnership shows how reliable and effective our AI has become
through the work we’ve done in our own products” said David
Dickson, SVP of Sage AI.
Sage’s AI document processing solution is a key component of its
strategy to make AI capabilities more accessible to its partner
ecosystem. By leveraging Sage’s trusted technology, partners can
quickly integrate sophisticated AI into their own platforms,
streamlining operations without the need for costly in-house
development. Sage goes beyond offering basic Optical Character
Recognition (OCR) by providing a comprehensive solution that
includes built-in security, privacy safeguards, and dedicated
ongoing support.
By collaborating with Sage, partners can integrate AI services
faster and more efficiently, solving critical customer challenges
while reducing the complexities and risks associated with adopting
advanced technologies. Sage’s long-term commitment to innovation
ensures partners have access to reliable, cutting-edge solutions
that drive growth and enhance competitiveness.
The implementation of Sage’s Document Extraction and Document
Split services will enable Artis to automate the reading,
extraction, and classification of data from various document types.
This innovation eliminates manual data entry, streamlines financial
workflows, and provides access to new data that can further refine
AI performance.
“Partnering with Sage will empower us to enhance our customers'
overall experience by providing best-in-class document scanning,
accounting, and fraud detection. By embedding Sage's proven AI
solutions within ArtisPro, we will enable our clients to process
documents more efficiently with fewer errors, make better real-time
credit decisions, and help them combat fraud. We’re excited to
collaborate with Sage, a trusted leader in tech innovation, and see
significant potential in this partnership to drive even more
impactful solutions for the secured finance industry and their
customers,” said Jamie Clemons, CEO, Artis.
Key Benefits of the Partnership for
Customers:
- Time Savings:
Automating manual data entry reduces processing times, enabling
customers to focus on more value-added tasks.
- Increased
Efficiency: Document Extraction and Document Split
services ensure that critical financial documents are processed
quickly and accurately, minimising delays in financial
workflows.
- Improved Accuracy:
By reducing human error in document handling, customers benefit
from more accurate data processing, which is essential in supply
chain financing.
- Scalability: With
Sage’s proven AI technology, businesses can scale their operations
without the burden of increasing manual processing tasks.
- Data-Driven
Insights: Access to new data sets through automated
processing can help customers refine decision-making and improve AI
service outcomes.
“The potential of Sage’s AI technology through the Artis
platform is very promising. Automating document handling has the
capacity to significantly reduce manual processes, improve
accuracy, and speed up our operational workflows. We’re excited to
explore how this innovation can streamline AR processes for us and
our customers,” said Erin Kennah, VP Lending Operations, TAB
Bank.
*For more information on Sage’s AI Document Services
see: https://developer.sage.com/ai/
About Sage Sage exists
to knock down barriers so everyone can thrive, starting with the
millions of Small and Mid-Sized Businesses served by us, our
partners and accountants. Customers trust our finance, HR and
payroll software to make work and money flow. By digitising
business processes and relationships with customers, suppliers,
employees, banks and governments, our digital network connects
SMBs, removing friction and delivering insights. Knocking down
barriers also means we use our time, technology and experience to
tackle digital inequality, economic inequality and the climate
crisis.
About Artis
Artis’s mission is to equip Secured Lenders—such as Factors,
Asset-Based Lenders, and Supply Chain Finance providers—and their
customers with tools that improve efficiency, reduce labor costs,
generate additional revenue streams, and minimize credit risk. Our
clients range from large publicly traded banks to owner-operated
transportation companies, all of whom rely on our software to
manage their client relationships, credit risk, documents,
collateral, invoices, and day-to-day operations. Artis represents
the next generation of technology and solutions for Secured Lenders
and their customers.
Media Contact
Jordan Kerchevaljordan.kercheval@sage.com
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