aXpire: The Solution To Cost Reduction & Enhanced Data Integrity

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With the advent of blockchain technology, it is becoming more evident that it is capable of solving various problems in a less complex way with the right application of data. The technology has made news around the globe on different aspects of human lives involving artificial intelligence as data is the mainstay of this technology. There are businesses that have wound up because of lack of management of resources or extremely high cost of operations while others are struggling to survive, and such could have been avoided. Businesses thrive where there are appropriate tools to work and with the right personnel. Due to the common knowledge in various establishments that paper works are better ways of keeping records and it has proven false because sometimes these records are lost, no data integrity due to human factors that lead to error-prone data which in turn hampers effective work processes and too many bureaucratic processes through document/paper signings which are most often in hard copies. Due to human interaction with these data, there are bound to be errors and delays sometimes in getting approvals.

Problem

It is a prevalent fact that operational cost running some of these businesses or establishments are so overwhelmingly huge that leads to non-profitability and sustainability, data inconsistencies and delayed processes also a major setback. In some cases, overstaffing could lead to high cost also with duplication of duties and reduction of the workforce will have a huge positive impact on the finances in the long run.

At present, there are no payment ecosystem managing expenses through an automated, secured and efficient process and we have cases where software used by companies are not compatible leading to useful data being stored on spreadsheets, PDFs and so on. The present software available in the market tend not to address some concerns of businesses as listed below:

Financial compliance
Maximizing profit
AP automation
Mobile productivity
Communication between department through the system
Spend visibility
Data analytics

Axpire is providing a solution that will replace or limit normal human interactions with processes like document signing and approval through a systemic digital workflow process and removal of manual processes usually done by humans. With Digital workflows, all approvals will be done by accessing Resolvr either through the web or on mobile-enabled devices without the usual paperwork and the system keeps track of all transactions. The workflow is designed in such a way that it moves from one approval level to the next until the final authority that completes the process, all done automatically through the system and with this, all checks and balances are done by appropriate personnel designated for such duties and it keeps the record of all actions performed by everyone as a sort of audit trail because all actions performed by anyone is traceable.

Why You Should Use aXpire

Utilizing aXpire Resolvr solution concept there will be effective communication between various departments electronically through a designed platform for internal communication and there will be higher profitability by reducing time taken to reach quality decisions. It provides the enabling environment for assets monitoring, aging and proper scheduling and costs will be allocated to internal departments otherwise known as cost centers. With this concept there will be a lesser cost of operation because ineffective cost centers will be looked into and proper action to be taken accordingly.

Axpire's basic two ways solution

Business to Business (B2B) approach - Resolvr is a software designed by aXpire to solve spend management problem and it's dynamic which makes it readily available to be integrated with other core applications used by fund administrators, accounting, finance teams with a high-end performance. With this software provision, Resolvr can be accessed through the web and mobile devices. With Resolvr there will be digital expenses management workflow which will be auditable. There are different features in Resolvr that will aid in reconciling accounts, control measures thereby ensuring information are well cascaded among all stakeholders that will eventually lead to the elimination of manual tasks that consumes time and resources.

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Resolvr will enhance productivity, saves time and money that will lead to higher profitability, lower the human data errors to the barest minimum and audit compliance ready because of its active reporting services.

Peer to Peer (P2P) approach - This is referred to as the Matchbox Blockchain Exchange where cryptocurrencies related transactions will take place. The aXpire token (AXP) will be the driving force on this platform and participants will either be on freelancing or task creator. The AXP token will be used for all services on this platform.

The aXpire Token (AXP)

The AXP token is built on the Ethereum Blockchain having the ERC20 and ERC223 standard. ERC223 is an extension of ERC20. AXP token total supply is 350, 000, 000 units and will be reduced through a token burn.
The AXP token is trading already on exchanges.

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Conclusion

It is evident as I have enumerated in this article that aXpire being an ERP based company with proven capabilities is a brand to embrace as a tool to effectively reduce operational cost and enhance data integrity. With aXpire profit margin will increase and audit compliance is guaranteed through the use of a decentralized database alongside the blockchain and artificial intelligence. If you know the importance of data then pitch your tent with aXpire. Axpire has achieved great feats as their records have shown working for high-level companies and having major partnerships.

The Team
The team has proven to be on track and indefatigable and it is shown by the results the project has achieved. Team members are well versed in their different areas of assignments and more positive results expected.

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