Intellinetics Secures $100K Contract with Leading Canadian Homebuilder for AI-Powered Payables Automation System

Reuters

11 Jun

Intellinetics Secures $100K Contract with Leading Canadian Homebuilder for AI-Powered Payables Automation System

Intellinetics, Inc., a digital transformation solutions provider, has announced a significant contract with a leading Canadian-based homebuilder and land development company for its IntelliCloud™ Payables Automation System. This deal, valued at $100K in Total Contract Value with over $41K in annual SaaS revenue, was driven by the introduction of the Automated Utility Invoice Coding module. The module leverages AI-powered technology to enhance utility bill processing efficiency, with the customer slated to go live by July 31, 2025. President & CEO James F. DeSocio highlighted the growing demand for their automation solutions, especially in the face of economic challenges, as they help businesses save time and money while improving process efficiency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intellinetics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250611122800) on June 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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