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AP AUTOMATION INSIGHTS

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5 Reasons to Stop Paying Suppliers by Paper Check

Eliminating B2B paper checks not only streamlines your AP processes, but it also reduces costly errors, prevents fraud, and speeds up digital...

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AP Automation to AP Optimization: Where Machine Meets Strategy

AP automation is revolutionizing the world of accounts payable, but AP optimization involves using automation as a tool for wider transformation and...

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Why Every Business Needs Vendor Payment Automation

Automating vendor payments is a way to streamline accounts payable, reduce errors, and protect your business from payment fraud.

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A Guide to OCR Invoice Processing In Accounts Payable

OCR technology is changing the way accounts payable manages invoices and vendor payments by eliminating manual data entry, improving accuracy, and...

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Stampli VS. APSmart: An AP Automation Software Comparison

In this AP automation software comparison, you’ll discover how APSmart stacks up against Stampli for invoice processing, approvals, payments, and...

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AP Automation Best Practices For 2023

Understanding accounts payable best practices is key to choosing the right automation solution for your organization. Learn about AP automation in...

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B2B Payment Automation Best Practices Guide for 2023

If you haven’t already noticed, payments automation has come a long way recently. In fact, with the AP automation industry poised to grow to $6.7...

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Why You Must Read “The Ultimate Guide to AP Automation for Auto Dealerships”

It’s no secret that your AP department plays a major role in the success of your auto dealership. Not only do its processes impact cash flow and...

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3 Reasons Why Your Auto Dealership Should Stop Paying with Personal Credit Cards

Personal credit cards are still a popular way for businesses to cover expenses, whether it’s for products, office supplies, repair services or...

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5 Reasons Why Dealerships Should Avoid Paying By Check

It’s time for your auto dealership’s AP department to go from Stone Age to the Digital Age with electronic payments! They’re cheaper and more secure...

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APSmart vs. Yooz vs. Corpay: A 2022 Comparison Guide

Learn how three accounts payable software contenders deliver cost and time savings with AP automation and payment automation for automotive...

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Best AP Automation Solutions for Auto Dealerships in 2022

Like many accounts payable departments, yours is likely inundated with time-consuming, manual tasks like data entry, locating and matching physical...

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Dash AP Robot VS. APSmart | AP Automation for SYSPRO Comparison

Although we may be inclined to say that our accounts payable automation solution is the best on the market, the reality is that the needs of each...

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5 Ways Integrated Payables Will Maximize Accounts Payable Value

Businesses look for value where they can find it and rightly so

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6 Ways To Improve Accounts Payable Audit Readiness

Let’s face it...some things you have to go through that are just...the worst.

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1 min read

7 Common Accounts Payable Risks And How To Mitigate Them

Last updated July 6, 2022 by Chris Cosgrove, Chief Revenue Officer & Co-Founder of CloudX

The good book states that "the heart of man is more...

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The Top Nine Accounts Payable Metrics You Should Be Tracking But Probably Aren't!

It's been said that a mind stretched by a new idea can't return to its original dimensions.

You can source that to Oliver Wendell Holmes or Ralph...

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Exploring Where Accounts Payable Software & ePayments Meet For SMBs

You know why they call me Prison Mike?

SMB’s can hardly be categorized “da belle of da ball” in the now famous Michael Scott, aka “Prison Mike”...

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Is AP Automation Worth It?

Count the cost!

It’s always a good idea to determine whether something you’re thinking about doing is worthy of the effort. I mean, who goes blindly...

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Harnessing AI Via AP Automation

Rise of the machines

There’s increasing buzz over the impact of AI (artificial intelligence) in the workplace. With all the B2C impacts we’re seeing...

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3 Reasons To Consider Virtual MasterCard For ePayments

They say you can never get enough of a good thing.

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How much does AP Automation cost? - Updated 2022

Last updated September 13, 2022, edited by Chris Cosgrove, CloudX Co-Founder

How much is it?

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Making the best use of data in Accounts Payable Software

It’s all Greek to me.

We’ve all heard this adage in one context or another.

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Best Accounts Payable Software for 2017 and beyond?

Let's take a trip down memory lane

So a while back we wrote up a similar post, but the time is right to revisit given time and change. With respect...

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1 min read

5 Must Have Tools When Buying Accounts Payable Software

Decisions Decision

It’s hard not to like the NBC’s The Office. Even despite the fact that the show has been off-air for several years, the hilarity...

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1 min read

Why Invoice Automation Through Accounts Payable Software Paves The Way For ePayments

Get The Junk Out

If you’ve ever seen the TV show Hoarders, you’re in for a real treat. Through its raw and real approach to exposing the substandard...

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Harness Accounts Payable Software To Optimize Vendor Payments

You can lead a horse to water, but you can’t make him drink.  

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How much does Accounts Payable software impact the cost of processing an invoice?

This is not an ode to 90’s West coast rep!

However, in terms of the Accounts Payable landscape, it seems to be an item of perpetual interest and...

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1 min read

3 Ways To Stop Accounts Payable Fraud With Accounts Payable Software

Accounts-payable-risk-CTA

Sometimes You Have To Deal With The Ugly Things

One might think that by virtue of us living in...

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The Virtues and Perils of Going It Alone Without Accounts Payable Software

The Myth of Overnight Success

You know all too often we look to one hit wonders and overnight successes as the model of greatness that many people...

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Is Accounts Payable Software For The Masses A Reality?

Sometimes it’s nice to go to your happy place.  

At least that worked for Happy Gilmore when he needed to ice the championship-winning putt. Perhaps...

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Tapping Into Accounts Payable Software For Process Optimization

Techno...logic?

If you haven’t taken the time to listen to Daft Punk’s tasty techno tunes, then you’re missing out. Or at least your crossfit or...

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Accounts Payable Software & APIs

There’s little doubt that accounts payable software provides a significant uplift in process efficiency, visibility, and personnel effectiveness....

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Accounts Payable Software Plus This Equals AP Juggernaut

Newsflash

As you may have come to know from perusing our blog for even a brief while, we’re ardent promoters of the concepts of machine automation as...

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Using Accounts Payable Software To Kill Checks

This should really come as no surprise

...but times are changingPart of that change is going to come by means of how we pay for things and no areas...

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Dispelling 3 Myths About AP Automation

I Want To Believe...

With today’s brief, we want to address three key myths that surround Accounts Payable automation. Given that our mission is to...

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How much should Accounts Payable Software for automation cost? Depends on your B2B payments!

How much should Accounts Payable Software for automation cost? Depends on your B2B payments!

Well, despite winter’s best efforts to keep its grip on...

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1 min read

B2B Payments - The Tip Of The Spear To Transforming The Accounts Payable Process!

Let's set the record straight!

The primary reason for writing this post today is to confound traditional thinking in a space that is befuddled by...

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Is eInvoicing Superior To Accounts Payable Automation?

Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.  - Marcus Aurelius

If you don’t know who Marcus...

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Making Accounts Payable Great Again

Great Again

In the spirit of the wild ride that has been the election cycle of 2016 and now Inauguration Day 2017, we are on a quest to make Accounts...

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3 Reasons Why All Companies Don't Pursue AP Automation

Thank God for good teachers!

I remember learning how to type in high school nearly 20 years ago. Our witty, sarcastic, wiry Irish teacher, Mr....

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Why SMB Businesses Are Flocking To AP Automation & Monetization

We want to kick off today's post with a quote:

“High-tech tools for the enterprise are no longer reserved for the largest, most cash-rich...

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Financial Reporting & The AP Automation Imperative in 2017

In today’s post, we want to take some time to review some interesting trends we encountered in our recent industry readings and glean some key...

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Is AP Automation Feasible For Me?

Want to set your AP Automation initiative alight?

Where there’s a will there’s a way!

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Is AP Automation Necessary?

Not to state the obvious

It may seem like a foregone conclusion that you would say, well you’re an AP automation provider, and therefore, you’re...

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What is AP Automation?

AP automation is no new thing!

Wikipedia has already done a bang-up job on summarizing it as such, “Accounts payable automation or AP automation is a...

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Addressing Change When Implementing Accounts Payable Workflow Software

Change rarely brings about the best in people.  

In fact, in most people change tends to reveal their character (for better or worse), especially if...

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5 Tips To Deploying Accounts Payable Workflow Software Effectively

If You Want Something Done Right...

We’ve all heard the adage that if you want something done right that you should do it yourself. While there is a...

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Beyond Accounts Payable Workflow Software

Beyond is a funny word.

By definition it means ‘at or to the further side’ of a given object. However, the nuance that I’d like to extract out of it...

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1 min read

Accounts Payable Workflow Software - 3 Reasons Why You Need It

An homage to Otto Frederick Rohwedder

Today’s post will be a sort of odd homage to someone you’ve surely never heard of, but whom I guarantee has had...

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What's the best way to fix my Accounts Payable process?

I studied history for a reason.  

It was interesting and I did well at it. While it wasn’t my initial course of study, I paid attention when I aced my...

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Distributed vs. Centralized Capture in Today's Accounts Payable Process!

Today’s Mission:  Review the challenges of distributed vs. centralized capture and how it impacts the Accounts Payable process.

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Is OCR right for my Accounts Payable process?

What's the best line for your next ride?

An all too common question that we get from people who are looking at automating their processes is does it...

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Harnessing the Cost Reduction Power of Invoice Automation & Payment Optimization

Are you tapping the power of accounts payable automation and payment optimization?

Many pieces have been written on the virtues of automating...

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How to create the ultimate accounts payable process!

Sometimes it’s difficult to see the forest through the trees.

In fact, it’s easy to get buried by the grind of the typical accounts payable process...

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4 reasons virtual payments are the best kept secret in Accounts Payable

Everybody likes a good secret...if they’re in on it.

Not everybody likes a good secret that gets out, but we think that you’ll dig this one. Besides,...

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Is payment by Virtual MasterCard the key to AP payment transformation?

Some questions are easier to answer than others.

When I ask my 4 year old the color of an object, or its shape, I get concrete answers back...and...

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2 min read

Happy New Year!  More status quo for you or are you looking to get operationally jacked and embrace document process outsourcing?

Happy New Year!

Welcome to a new day, a new season in your journey! Many people begin the new year refreshed and invigorated from time with friends...

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3 Reasons Not To Pursue AP Automation, If You're a Weak Leader

Now is the winter of our discontent...

Getting through the winter of your discontent can be a tough thing especially if you’re a leader of a manual...

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Beginning Your Year End Accounts Payable Process Planning for FY2016

So what's the game plan?

Well, it’s that time of the year again...year-end coming on quickly, holidays, strategic planning, budgeting, yatta yatta...

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1 min read

Why Accounts Payable Process Leaders Are Capturing More Early Payment Discounts

It’s curious how organizational priorities can change over time and seasons.

It certainly has to do with organizational directions, business...

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Why Virtual Payments & Virtual MasterCard Usage Are Skyrocketing!

Too much of a good thing is never enough or so they say.

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The Biggest Problems Accounts Payable Process Managers Face

Leading is never an easy thing, perhaps now more so than ever.  

Decisions, right, wrong, or indifferent are made at increasingly rapid rates, and the...

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5 Ways An Automated Accounts Payable Process Can Make You Rich

Well, the ‘royal’ you as it were at least.

No, this post is not the fabled fountain of youth the Ponce de Leon so zealously sought after. Instead,...

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5 Misconceptions About Accounts Payable Process Improvement

People say the craziest things at times.

Anytime you’re dealing with novel or leading ideas in the marketplace, you’re faced with a slew of...

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1 min read

Forget Jack-o-Lanterns, Consider These 5 Scary Accounts Payable Process Facts

Forget Punkin Chunkin...This Is Getting Real...

Yeah, if you have kids, they’ve probably been buzzing in your ears for weeks about what costume...

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The Worst Advice We've Ever Heard On 'Improving' The Accounts Payable Process

Ever have one of those friends who has the best intentions, but gives absolutely terrible advice?  

Like, Godzilla proportions of...

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The CloudX Accounts Payable Process Manifesto

It kind of feels funny to make daring statements. Funny may not be the right word...perhaps risky ? While I’m not sure what the adequate word is to...

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3 Ways To Maximize Accounts Payable Staff Productivity

If you’ve never seen The Wedding Singer, then you’re missing a real gem from the late 90’s sappy rom-com genre that you may want to add to your...

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1 min read

Today's Imperative: Accounts Payable Process Automation

Is she really a bad egg?

It really shouldn’t come as a surprise in our increasingly wired, hyper connected culture, that our ability to deny...

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How much is your Accounts Payable process earning your company?

Is your accounts payable process generating cash rebates for your business?

In fact, I’d wager that as of right now, maybe 15-20% of the American...

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Why AP Processing Sucks For Most Companies

Perception is reality...or is it?

In today’s market, it’s critical for companies to create sharp external appearances which entice customers,...

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1 min read

Document Process Outsourcing: Preparing for uncertainty!

The only thing that is certain is uncertainty.  

It does seem that this adage has never been more true as in recent weeks you can see the jitters,...

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How To Solve The Biggest Problems With Invoice Processing

Some things never cease to amaze us.  

With all the technological and technical advances the world over, it’s nonetheless mind-blowing to me that so...

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4 Arguments For Amplifying Sales Order Processing Through Document Process Outsourcing

Well, it’s time to face the music, this much is certain.  

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1 min read

5 Signs That Tell You Accounts Payable Process Improvements Are Needed!

Feedback is great, just not from your mom!

Sometimes as we walk through life we can glean subtle feedback (or not so subtle, as in any mom’s case) of...

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Document Processing 2.0 - Defining Document Process Outsourcing

Time for a reboot!

From time to time it’s important to revisit the foundation of a concept, especially a burgeoning one. With respect to document...

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The Real Costs of Not Transforming Transactional Document Processing

 There's better things in the world to do than be bogged down under your paper process

They say nothing in the world is free, and I couldn’t agree...

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1 min read

Re-thinking Document Processing For Today's Business Climate

I don't know what that does, but it looks cool! 

Face it, the more things change, the more they stay the same.Businesses today are faced with so...

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Making Your Accounting Operations Lean & Mean in 2015!

Nuf said!

It’s a fact, that this is the time of the year when most folk’s nonchalant New Year’s resolutions are broken.Sadly, too many folks give up...

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Virtual MasterCard vs P-Cards: What’s the difference?

Compare and contrast... 

It’s one of the common themes we learn at a young age in school. It helps us form our arguments and preferences in a cogent...

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5 Myths About Virtual MasterCard Payments

Certain myths are cool. 

Consider the unicorn, defined as a mythical animal typically represented as a horse with a single straight horn projecting...

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3 Things You Gotta Know About Virtual MasterCard Payments

In today’s evolving accounts payable landscape, there are many technologies and trends to stay abreast of, which makes life difficult for Accounts...

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Fundamentals to a strategic Accounts Payable process.

Fundamentals are a big deal...because everything is built on them! 

As in basketball so in AP, & invoices have been around since the dawn of...

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Five Keys To Successful Document Processing Automation

Converting documents is never a straight forward task when you deal with the level of iterations that we do on a daily basis. At CloudX we handle...

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Accounting Automation Solutions For The People!

If you left this year’s holidays behind and for some reason or other, Santa, your office white elephant, or Great Aunt Mertyl’s gifts to you just...

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4 Problems With Checks & Why To Consider Electronic Payment Solutions

Ho Ho Ho!

As you bustle about in the final days here between now and Christmas, it’s common for most people to tick items off their burgeoning gift...

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4 Approaches to Improve Your Accounts Payable Process

Gone are the days of plain vanilla and chocolate ice cream dominating the American landscape and palette.Instead, we’ve seen a much more nuanced...

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5 Ways To Deal With The Stress of The Accounts Payable Process

Boldly going where no AP blog would ever go...

I’m feeling a little whimsical today, so with that said, I thought it might be a good time to break...

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3 Keys To Successful Virtual Payment Program Implementation

Mmmmmmm...cookies!!!

Chocolate chip cookies are among the most popular American baked goods and a simple search on Google will turn up nearly 2.5...

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1 min read

3 Reasons to Consider Virtual Payments to your vendors!

Remember the good old days....? 

In recent years, much has been produced on Western TV and in literature with nostalgic themes as the undercurrent....

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1 min read

3 Things That Are Really Needed For Accounts Payable Process Improvement

Coming Soon To Theaters Near You

There is a trove of amazing movies set for release this fall, all chock-full of Hollywood’s best and brightest.One...

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5 Reasons We Love AP Process Automation (and you should too)!

In the world of Accounts Payable process automation, there are many reasons to get excited for the gains from a successful improvement iniative.

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3 Metrics to Monitor With Accounts Payable Automation

It goes without saying that most organizations that pursue AP automation have a vested interest in reducing the cost of processing an invoice. Upon...

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How CloudX is giving a little love to Accounts Payable Automation pursuers this Valentine’s Day!

How CloudX is giving a little love to Accounts Payable Automation pursuers this Valentine’s Day!

Saint Valentinus is certainly not regarded as one...

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1 min read

A Sojourner's Message On Searching Out Accounts Payable Automation

A journey of a thousand miles... 

One of the endearing tales that has been retold since the first Christmas certainly has to be the journey of the...

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1 min read

The CloudX Cultural Charter: Called to be different. Destined to be exceptional.

As we close out this calendar year, it's a great time to reflect, recast, and project out where we intend to be next year and in the years to come....
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1 min read

3 Reasons Why Paying for An Accounts Payable Automation Benchmark Study is Pointless

WWhen You Come To A Fork In The Road, Take It!

Yogi Berra was one of the most prolific Yankees of the 20thcentury, not only for his outstanding play,...

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Free Tips on Utility Invoices & Accounts Payable Automation

Baby steppin' through the door...

There’s a saying that’s been around for some time that the more things change, the more they stay the same. In the...

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1 min read

Accounts Payable Automation Tip - Dealing with finicky OCR engines!

Horse racing they say, is the sport of kings. 

Few animals have the sheer power, beauty, speed, and grace of the horse, and if you’ve seen anything...

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Building an Accounts Payable Automation Team with Some Heart!

Have a heart! 

One of the consistent things I’ve noted in traveling the Accounts Payable automation world for the better part of two years is that...

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5 Things Besides Accounts Payable Automation That Keep CFOs Up At Night

In today’s complex world, there’s certainly no shortage of concerns for businesses of all shapes and sizes. While many may be kept up at night by...

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