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Intellinetics, Inc. (NYSE American: INLX), a digital transformation and document management solutions provider, has appointed Alison Forsythe as President and Chief Executive Officer, effective February 17, 2026. A seasoned SaaS and enterprise software executive with more than 20 years of experience, Forsythe brings a proven track record of driving growth, operational excellence, and scalable business transformation.
Intellinetics, Inc. announced that CEO James F. DeSocio will retire effective February 27, 2026, concluding a transformative eight-year leadership tenure. During his time as CEO, DeSocio helped grow the company from approximately $2.5 million to $17 million in annual revenue through strategic acquisitions, new product innovation, debt reduction, and expansion of the company’s SaaS-based digital transformation platform. Key accomplishments included launching Intellinetics Payables Automation and its Intelligent Document Processing (IDP) platform, completing two acquisitions, uplisting to the NYSE American, renewing the company’s largest customer under a five-year agreement, and significantly strengthening the company’s financial position. Chairman Michael Taglich praised DeSocio’s leadership and the strong foundation established for future growth, while the company confirmed that a succession plan is underway to support a smooth leadership transition.
Intellinetics, Inc. announced it will showcase its AP Intelligence Program for homebuilders at the 2026 NAHB International Builders’ Show® in Orlando. The program uses confidential, AI-augmented analysis of historical AP transaction data to identify inefficiencies, quantify risk, and forecast the financial impact of AP automation, delivering clear ROI insights and a streamlined onboarding path for customers. Initially introduced at the 2025 Build Smarter User Conference, the program generated strong executive engagement and positions Intellinetics’ AP automation solutions as a long-term strategic asset for the homebuilding industry. Company leadership emphasized the program’s role in driving scalable SaaS growth and accelerating customer decision-making.
Intellinetics, Inc. announced a successful launch of its AI-powered Intelligent Data Processing solution for K-12 school districts, designed to eliminate manual AP invoice processing and automate capture, indexing, filing, and approvals. The solution integrates with any ERP or general ledger system and delivers rapid implementation with immediate time savings, improved transparency, and stronger audit capabilities. A pre-launch webinar conducted with partner Software Unlimited, Inc. attracted 67 school districts and generated 24 new orders within weeks, validating strong market demand. Company leadership highlighted the solution’s alignment with critical customer pain points and its potential to drive future growth and expansion within the K-12 market.
Intellinetics, Inc. announced the successful implementation of its IntelliCloud™ Payables Automation System for a leading Canadian homebuilder, achieving full deployment in less than 60 days. The rapid go-live showcased the company’s AI-enabled automation capabilities, out-of-the-box ERP integrations, and deep industry expertise. A key feature of the implementation was the Automated Utility Invoice Coding module, which uses AI and policy-driven automation to streamline complex utility invoice processing with low or no-touch workflows. Company leadership emphasized the growing importance of operational efficiency and cost control, highlighting the platform’s ability to deliver measurable ROI while supporting long-term SaaS revenue growth.
Intellinetics, Inc. announced a new $100,000 Total Contract Value agreement with a leading Canadian homebuilder to implement its IntelliCloud™ Payables Automation System, including the AI-powered Automated Utility Invoice Coding module. The solution streamlines high-volume utility invoice processing through low or no-touch automation, reducing manual coding errors, improving efficiency, and accelerating AP workflows. The customer is expected to go live by July 31, 2025, contributing more than $41,000 in annual SaaS revenue. Company leadership highlighted strong market demand for operational efficiency solutions, noting that some customers are already processing more than 15,000 utility invoices monthly with over 80% touchless automation.
Intellinetics, Inc. announced it was awarded a five-year contract worth up to an estimated $40 million in Total Contract Value for document scanning and micrographic conversion services with a long-term customer. The agreement, the largest in company history, begins June 1, 2025, and includes an optional five-year extension. Awarded through a competitive evaluation process, the contract recognized Intellinetics’ strengths in quality assurance, security, technical expertise, and service capabilities. Company leadership noted the contract reinforces the company’s position in digital transformation services while providing a stable foundation for continued growth and expanded investment in its SaaS solutions strategy.
Intellinetics, Inc. announced the expansion of its partnership with Skyward to bring IntelliCloud Payables Automation Solutions (IPAS) to the K-12 market. The AI-powered solution automates AP invoice capture, routing, approvals, storage, and audit preparation, helping school districts reduce manual processing, improve transparency, and increase operational efficiency. Integrated with Skyward’s widely used K-12 administrative software platform, the solution enables finance departments to streamline workflows while enhancing compliance and audit readiness. Company leadership highlighted the partnership as a strategic growth opportunity within the K-12 sector and a key driver for future SaaS revenue expansion.