onPhase, a leader in accounts payable automation and payments, announced a new partnership with IntelAgree, an AI-based contract lifecycle management (CLM) software provider.
This partnership aims to empower finance teams with cutting-edge tools to streamline their contract processes, boosting operational efficiency, ensuring compliance, and reducing risk.
Finance and AP teams often encounter challenges such as limited visibility into contract statuses, manual and time-consuming processes, and difficulties analyzing contract terms – all of which can lead to missed deadlines and compliance issues. The partnership between onPhase and IntelAgree addresses these challenges by providing a centralized contract management solution that enhances visibility, control, and collaboration across the contract lifecycle. With automated workflows for contract creation, approval, and management, teams can streamline processes and reduce manual effort.
Also Read: KORT Payments Announces Strategic Partnership with Tilled Inc.
onPhase’s innovative automation platform combined with IntelAgree’s advanced AI technology further empowers finance teams by providing smart insights and predictive analytics that facilitate better decision-making and risk management. Together, they deliver robust contract management, stronger data security, and compliance assurance, enabling teams to operate more efficiently and confidently.
“Contracts are at the core of financial processes, yet many teams are still managing them with outdated tools and disconnected systems,” said Robert Michlewicz, CEO of onPhase. “Partnering with IntelAgree extends the value to our clients by bringing intelligent contract management into the daily operations of finance teams, thus enabling them more precision, transparency, and control. It’s another step forward in our mission to simplify the back office and give our customers smarter, more connected automation.”
“onPhase approaches AP automation with the same precision we bring to contract intelligence—they understand that you can’t optimize payments without understanding the contracts that created them,” said David Hull, CEO of IntelAgree. “We both see that contract insights and payment execution are two sides of the same financial operation. This partnership connects what should have always been connected.”
SOURCE: PRNewswire