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9 Things To Know When Planning Your B2B Payment Processing Strategy
Winding down Q2
As we throttle through what remains of summer, most accounting and finance leaders are dealing with...
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Recommend CloudX Services to Those in a Similar Position
Your ERP likely has a purchase requisition capability built-in - but is it providing an optimal purchase requisition experience? Think of the amount of time spent by department heads who could easily have delegated purchases to people who are less time-burdened.
With CloudX’s PRSmart system, you can customize the purchase requisition workflows for a streamlined request and approval process, plus centralize all communications and notes to one platform, easing your inbox and email communication workload.
Why work with multiple pieces of software when the entire process can be executed in one? By combining PRSmart with our accounts payable automation solution, APSmart, you can create a 100% digitized, trackable, and searchable lifecycle of your purchases from request to payment.
Gain control over purchases and minimize purchase liability by making sure all orders are approved before they are made.
No application of PRSmart is exactly alike. Let your user roles, goals, and existing workflows inform automations that work for your business.
100% web-based purchasing from request to approval. Centralize all requests, approvals, and comments for a trackable and searchable history of purchases.
Design your workflows so that the right stakeholders are involved at the appropriate step of each purchase, including multi-step approvals.
PRSmart is configurable to your unique business needs, allowing any number of customized workflows to be created for different types of purchases and approvals.
Pay by transaction, not by user. Unlike many PR automation software solutions, with PRSmart, you can include as many requesters and approvers as you need — and always pay by transaction only.
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”
Jun 19, 2022 by Chris Cosgrove
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At CloudX our team of experts take a personal, customized approach to systems integration. We take the time to make sure you’re comfortable with all of APSmart’s capabilities and that you have a seamless transition in your day-to-day operations. For that reason, implementation can take as long as eight weeks, during which we work behind the scenes to give you a single, streamlined automation solution and ensure your team knows how to use it.
Our APSmart technology helps to seamlessly integrate your existing ERP and other digital tools, in order to eliminate inefficiency and multi-tool use wherever possible. Our goal is to build on what you’ve created, streamline your existing processes, and allow a smooth, user-friendly transition into the future of business.
CloudX offers complete, end-to-end AP automation and document processing solutions to make operations smoother and financial insights more accessible to decision-makers. Not only do we bring today’s solutions to the table, but our intuitive and flexible services will also continue to adapt to your internal and industry-wide changes. Scale your business with versatile tools that take you from the dark ages to the Cloud Age.
Carefully considering business investments is important. Fortunately, CloudX’s adaptable technology pays off big for your business, in more ways than one. Not only will you save valuable human resources and better apply your team’s skills to higher-order tasks, but you can also monetize the process while automating it. Believe it or not, we’ve established a pathway to monetize your AP process and have helped clients earn up to 60 percent cash back on accounts payable transactions.