By using ePayments - you can reduce manual processes, save on paper and receive cash back each month.
Why not use a check?
Submitting an ePayment is better than a check because it can be fully-automated and integrated into your operating system – from payment to reporting to reconciliation.
With our ePayments program, you enjoy a multitude of benefits:
Step One: You submit a payables disbursement file to CloudX containing consolidated invoices for each supplier.
Step Two: CloudX assigns a virtual MasterCard account number for the specified dollar amount with detailed remittance information, including your system generated payment number.
Step Three: Your supplier receives payment and authorizes a virtual MasterCard account number, which settles within 24-48 hours.
Step Four: CloudX provides an invoice file of all transactions for automated reconciliation just like a positive pay from the bank.
At CloudX, our vision is to be the global leader in Document Process Outsourcing delivery. With that in mind, we have a suite of cloud-based document management solutions, state of the art scan facilities, a robust consulting organization that is familiar with the best practices for improving document processes, and a global operations team.
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