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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Our payment automation platform PAYSmart, often combined with our invoice automation software APSmart will have you hitting even the shortest payment terms, helping you capture early payment discounts while securing your payments against fraud and theft.
Simplify your payment process while gaining monthly cash rebates with the PAYSmart solution from CloudX. Make your payment process faster and more secure while reducing costs related to executing, documenting, tracking, and auditing vendor payments.
Self Regional Healthcare experienced a 75% reduction in invoice processing time, a 100% increase in invoice status visibility, and a 50% gain in payment discount capture after digitizing and automating their invoice management with APSmart.
“The support from CloudX has been great throughout the process! Their team has worked with us to make changes and adjustments that fit our process.”
– AP Manager, Self Regional
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.
Touchless invoice digitization
Up to 70% process efficiency
ERP and systems integration
"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...
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