For a business to be profitable, the founders need to handle the expenses effectively and curb irrelevant losses arising from the use of non-compatible software and paper to store data and manage payments. This is unprofessional, risky and waste of funds. It is also prone to human error and data loss. There is need for an efficient and digitized way to combat that. A group of intelligent team have come together as a payment ecosystem to deliver software applications for effective spend management.
ABOUT THE PROJECT
Axpire is a company that deliver through highly secure SaaS model involved in management
of payment processing across functional departments- finance, administrative, legal, fund accounting, compliance in businesses for profit maximization. This project enhances human effort by combining machine learning at each input to bring improvements to spend management.
The company has been in existence since January 2017 headquartered in Manhattan, New York. Presently, the company is working for administrators and fund team at financial institutions such as banks, private equity firms, as time goes on will extend its horizon to other non-financial sectors like health, transportation, food, travel and leisure and so on.
SOLUTION OFFERED BY AXPIRE
The secured and automated payment ecosystem offered by aXpire can be achieved through the solution called "P2P" and "B2B".
The resolvr B2B is a spend management software integrated to create a digitized environment for requisite departments. Instead of storing sensitive information on paper - PDFs and spreadsheets, aXpire via the resolvr approach delivers an effective payment and spend management system with a number of benefits.
It is an object relational mapping tool that enables automatic generation of data access layer from the software's SQL database. HTTP based services are created using web API that connect various departments automatically which saves time and energy. Resolvr can work with API such as Oracle, Coupa, QuickBooks among others.
P2P - Due to demand for crypto-based services by clients, there is need to introduce the new concept of P2P marketplace, Matchbox Block Blockchain Exchange. This will probide services for both large and small scale businesses creating tasks on matchbox by individuals either as free lancer or as task creator.
THE TOKEN
Axpire token (AXP) is developed in line with ERC 233 standards, an enhanced version of ERC 20, compatible with all ERC20-compatibe contracts and wallets. Part of the token usage usage include-
*Clients being able to pay for their jobs in AXP.
*Vendors will use AXP to submit invoices for live transmission.
*AXP will be used as transaction fee but will be charged at a very low cost.
The total supply of AXP is limited to 350,000,000 units which will decrease in unit and increase in utility value after token burn.
TEAM
The team is comprised of LSG C-suite, the company from which aXpire culled from that has rendered services to clients like Nike, NPL, Coca Cola with adequate experience in blockchain, software development, web development, insurance.
In conclusion, aXpire is an existing project poised to revolutionize spend and payment management with benefits such as
*Enable electronic interdepartmental communication
*AI-enabled solution which helps in decision making
*Process simplification and automation
*Dynamic cost apportionment with solution that befit all business levels
*Indication for demand and supply to avoid loss.
To learn more about aXpire, here are some links below:
Website: https://www.axpire.io/
Whitepaper: https://www.axpire.io/downloads/aXpire_Whitepaper.pdf
Telegram Group: https://t.me/AxpireOfficial
Twitter: https://twitter.com/aXpire_official
Facebook: https://www.facebook.com/Axpire-537274833301303
Author- ayoope