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...
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Generate visibility and drive process efficiency across all statement, invoice, and payment processes by combining APSmart and PAYSmart solutions.
Managing invoice and payment processes in one platform means creating a trackable, searchable, and auditable timeline of every supplier transaction your company makes.
CloudX solutions seamlessly integrate with your Epicor ERP and other digital tools that are working for your business.
APSmart and PaySmart help optimize your AP process with intelligent automations and complete visibility across all platforms.
Companies without automation spend $10 per invoice, while companies with minimal manual touchpoints spend $2 or less per invoice (APQC, 2021).
86 percent of CFOs believe digitizing their AR and AP operations is highly important to boosting customer satisfaction, retention, and revenue (PYMNTS & VersaPay, 2021).
Nearly six in ten [finance-function respondents] report either a positive or very positive ROI from digital investments made in the past year (McKinsey (2021).
If your business or department is still spending countless employee hours processing paper documents, you’re losing time, money, and resources.
CloudX works to elevate business finance processes to a higher degree of efficiency, accuracy, and visibility. We create finance automation solutions that help you make well-informed decisions about the future of your business and your industry. We believe in the value of multi-tool integrations and the importance of making your job easier, not harder.
"We bought two new dealerships… without CloudX and APSmart, we would have been forced to add at least one new AP employee"
"CloudX was very inclusive of our feedback during the design and deployment phase of the project and has significantly enhanced how we manage our AP process."
“We’ve gotten more efficient, the processing is far more standardized, and communications with CloudX have gotten better”
OCR technology is changing the way accounts payable manages invoices and vendor payments by eliminating manual data...
In this AP automation software comparison, you’ll discover how APSmart stacks up against Stampli for invoice...
Understanding accounts payable best practices is key to choosing the right automation solution for your organization....