Cortex Announces Data Lookup Enhancement to E-Invoicing Platform

CALGARY, Alberta, Aug. 09, 2016 -- Cortex Business Solutions, a Network-as-a-Service e-invoicing solutions provider, today announces the release of “Data Lookup” functionality as a new feature within the application that allows Suppliers to quickly and accurately populate invoice data specific to each Buyer.

This new feature is available as part of the recent July release and represents an evolution in invoicing accuracy and simplicity. Buyer organizations have extensive lists of cost codes that must be referenced on Supplier invoices. Traditionally this information is supplied by the Buyer in the form of a spreadsheet available on their website. This method often results in stale-dated information which may cause calculation timing issues impacting the billing cycle.   Cortex now provides current data to Suppliers right where and when they need it.

In the Workbench, a Data Lookup search icon will be presented next to any applicable cost object field in the Workbench form (for enabled Buyers). Suppliers can then look up and select codes for each specific cost object field on the invoice as they create the line item, mitigating rejection and processing time due to coding errors. As with all Cortex functionality, updates are available across the entire Network the moment they are added to the Buyer account.

Chris Lambert, Director of Product Development for Cortex commented “As our customers deal with economic challenges we continually look for ways to refine and improve the service we offer to help our customers do their jobs better, faster and more cost effective than ever before. Our perpetual evolution of the Cortex platform is exciting as it shows our continued commitment to bringing the best service possible to our customers.”

This release also adds MS Edge as a fully supported browser, joining the current list of MS Internet Explorer, Google Chrome, and Mozilla Firefox. As a service-based solution, we ensure support for the most popular browsers used by our customers. Internet Explorer is currently one of the most used browsers for accessing Cortex, but we have seen a growing number of users transition from Internet Explorer to Edge as a primary browser with the upgrade to Windows 10.

“It’s important to us that we provide our customers with leading technological solutions as part of their Cortex experience,” said Teo Adams, Product Services Manager at Cortex. “By looking at usage trends we have the ability to offer customers the latest and greatest methods of accessing the platform. Our addition of MS Edge ensures our customers can access Cortex using whichever method they prefer.”

About Cortex Business Solutions

Cortex Business Solutions Inc. (TSXV:CBX) is a business-to-business network that enables electronic invoicing for buying and supplying organizations. The Cortex network offers flexible connection methods to reduce the time required to process invoices and tools that leverage existing customer technologies and processes. Access to the Cortex Network enhances the exchange of documents allowing companies to connect and interact with each other to grow their businesses.
For more information, please visit www.cortex.net.

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Joel Leetzow	
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403-219-2838	
 
Sandra Weiler 		
CFO			
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Andrew Stewart
Director, Marketing & Investor Relations
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403-219-2838