Exela Technologies AI powered solution nominated for Pay360 award
21 Giugno 2023 - 2:15PM
Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA,
XELAP), a leader in business processing automation (“BPA”)
announced today Exela is a finalist in this year’s Pay360 awards in
the category: Best Use of Payments Data or AI in Financial
Services. A panel of over 65 judges selected Exela Technologies
solution from a large number of entrants. In October, winners will
be announced.
Exela has developed a range of best-in-class software suites and
Software as a Service (SaaS) offerings in the payments arena. The
nomination was achieved on the back of 30 years of experience in
using smart technologies to streamline payment processes.
Vitalie Robu President of Exela EMEA notes, “This award
nomination is testament to the capabilities of our solutions and
our capacity to help organisations make the most of AI and other
relevant technologies for the future. It also aligns with the
strategic direction in the anticipated public launch of XBP Europe,
our European business.”
The need for seamless business
processesOrganisations everywhere are working hard to
balance security requirements with the need for frictionless
transactions and smooth processes. Tools like predictive outcome AI
have become a crucial element, especially in regulated financial
services.
Often, firms lack the budget and resources to implement the
smart, AI-powered solutions they need to enhance data-driven
planning and prevent issues such as payment fraud or bottlenecks
with suppliers. As XBP Europe, the company will continue to deliver
solutions that tackle these issues.
XBP Europe will offer solutions to enhance the liquidity of its
customers. It will blend technology and people to support
processing bills, payments, workflow automation and intelligent
document processing. This covers traditional and emerging standards
across the continent for more than 2,000 enterprises, serving over
430 million European residents.
For more Exela news, commentary, and industry
perspectives,
visit: https://investors.exelatech.com/And
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Accordingly, investors, media and others interested in the Company
should monitor the Company's website and its social media accounts
in addition to the Company's press releases, SEC filings
and public conference calls and webcasts.About Exela
TechnologiesExela is a business process automation (BPA) leader,
leveraging a global footprint and proprietary technology to provide
digital transformation solutions that improve efficiency, quality,
and productivity. With decades of experience operating
mission-critical processes, Exela serves a growing roster of more
than 4,000 customers throughout 50 countries, including over 60% of
the Fortune® 100. With foundational technologies spanning
information management, workflow automation, and integrated
communications, Exela’s software and services include
multi-industry solution suites addressing finance & accounting,
human capital management, facilities optimization, and legal
management, as well as industry-specific solutions for banking,
healthcare, insurance, and the public sector. Exela is a leader in
workflow automation, attended and unattended cognitive automation,
digital mailrooms, print communications, and payment processing,
with deployments across the globe. Through cloud-enabled platforms,
built on a configurable stack of automation modules, and
approximately 15,000 employees operating in 21 countries, Exela
rapidly deploys integrated technology and operations as an
end-to-end digital journey partner.
Forward-Looking StatementsCertain statements included in this
press release are not historical facts but are forward-looking
statements for purposes of the safe harbor provisions under The
Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as "may",
"should", "would", "plan", "intend", "anticipate", "believe",
"estimate", "predict", "potential", "seem", "seek", "continue",
"future", "will", "expect", "outlook" or other similar words,
phrases or expressions. These forward-looking statements include
statements regarding our industry, future events, estimated or
anticipated future results and benefits, future opportunities
for Exela, and other statements that are not historical facts.
These statements are based on the current expectations
of Exela management and are not predictions of actual
performance. These statements are subject to a number of risks and
uncertainties, including without limitation those discussed under
the heading "Risk Factors" in Exela's Annual Report and
other securities filings. In addition, forward-looking statements
provide Exela's expectations, plans or forecasts of
future events and views as of the date of this
communication. Exela anticipates that subsequent events
and developments will cause Exela's assessments to
change. These forward-looking statements should not be relied upon
as representing Exela's assessments as of any date
subsequent to the date of this press release. Investor
and/or Media Contacts:Vincent
KondaveetiE: vincent.kondaveeti@exelatech.com
Mary Beth BenjaminE: IR@exelatech.com
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