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Symbeo partners with Amazon Business to modify the accomplish of its RapidInvoice AP mechanisation resolution – Information Global Online

CorVel Corp.

CorVel Corp.

Symbeo launches RapidInvoice on Amazon Business’s Market App Center for B2B ecommerce with a resolution that enhances AP functions and supports playing dealings to turn costs and meliorate productivity

PORTLAND, Ore., July 09, 2024 (GLOBE NEWSWIRE) — Symbeo, Inc., a CorVel Company, has partnered with Amazon Business App Center to hit its RapidInvoice, an AI-enabled optical case acceptance (OCR) product. The partnership is a momentous step into the mid-market and SMB market, as more companies are worn to e-commerce platforms much as Amazon’s B2B marketplace. This advise allows customers to assets indiscriminate pricing for artefact and services, with the additional plus of desegrated commercialism equalisation to playing systems, auspicious a forthcoming of enhanced efficiency and cost-effectiveness.

Symbeo RapidInvoice is an accounts payable (AP) mechanisation resolution for Amazon Business customers that provides receiving, tracking, writing modify and classification, and AI-enabled OCR for reinforced playing news and reconciliation. Customers module actualise cushy falsehood within fivesome playing days, decimate waste, meliorate saliency for purchase power, and proactively curb modify line for underway and forthcoming playing needs.

“At Symbeo, we module move to alter the forthcoming of payables. This partnership module charge our render customers with cutting-edge AP mechanisation profession with the lavatory of Amazon Business. This cooperation with Amazon Business reflects our dedication to delivering flourishing AP mechanisation with original profession and strategic partnerships. By simplifying acquisition processes and substance lavatory of one-stop shopping, this partnership enables businesses of every sizes to intend efficiencies and tap ROI.”– Tomika Russell, Symbeo President

For nearly threesome decades, customers hit trusty in Symbeo to hit flourishing AP automation. Our track-record of using cutting-edge technology, streamlined processes, and client contact has helped render sustainable ontogeny and unlock determine beyond payables. This consortium is the groundwork of our partnership with Amazon Business and the dynamical obligate behindhand the start of RapidInvoice on their platform.

About Symbeo
Symbeo helps businesses everyplace physique efficiencies between payors and payees for joint accounts payable (AP) business-to-business transactions with genuine AP automation. As an playing cheater for over 25 years, we vanish the drill invoice effect charge by navigating aborning technologies, including Artificial Intelligence, Machine Learning, and nimble OCR solutions, to behave the P2P ecosystem from invoice acknowledgement finished payments. In harnessing the noesis of automation, we create a paperless surround that helps our customers attain sustainability goals and unlock determine beyond payables. Learn more at symbeo.com or call us at 888.722.6663.

About CorVel
CorVel Corp. applies technology, including staged intelligence, organisation learning, and uncolored module processing, to compound the direction of episodes of tending and attendant upbeat tending costs. We relation with employers, third-party administrators, shelter companies, and polity agencies in managing workers’ rectification and health, auto, and badness services. Our different flat of solutions combines our desegrated technologies with a manlike touch. CorVel’s bespoken services, delivered locally, are hardback by a domestic aggroup to hold our partners and their customers and patients.

Safe Harbor Statement low the Private Securities Litigation Reform Act of 1995
All statements included in this advise release, another than statements or characterizations of arts fact, are forward-looking statements. These forward-looking statements are supported on the Company’s underway expectations, estimates, and projections most the Company, management’s beliefs, destined assumptions prefabricated by the Company, and events beyond the Company’s control, every of which are person to change. Such forward-looking statements include, but are not restricted to, statements relating to the Company’s managed tending services and the Company’s continuing assets in these and another original technologies and statements relating to the Company’s workers’ comp assist offerings. These forward-looking statements are not guarantees of forthcoming results and are person to risks, uncertainties, and assumptions that could drive the Company’s actualised results to dissent materially and adversely from those spoken in some forward-looking statement, including the venture that the effect of the COVID-19 pandemic on our business, results of dealings and playing information is greater than our initial assessment.

The risks and uncertainties referred to above allow but are not restricted to factors described in this advise promulgation and the Company’s filings with the Securities and Exchange Commission, including but not restricted to “Risk Factors” in the Company’s Annual Report on Form 10-K for the assemblage ended March 31, 2024, and the Company’s Quarterly Report on Form 10-Q for the lodging ended June 30, 2023, Sept 30, 2023, and Dec 31, 2023. The forward-looking statements in this advise promulgation intercommunicate exclusive as of the fellow they are made. The Company undertakes no obligation to reorganise or update publically some forward-looking evidence for some reason.

Contact: Melissa Storan
Phone: 949-851-1473
www.corvel.com

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