To help satisfy the $4 billion demand for accounts payable (A/P) automation software, EZ Cloud has developed a cloud-native A/P application that runs on Oracle Cloud Infrastructure.
With its built-in dashboards, routing rules, compliance policies, and on demand reporting capabilities, companies can use the EZ Cloud platform to reduce delayed payments, satisfy regulatory requirements, and eliminate fraudulent transactions.
Founded in 2018, EZ Cloud's AI-powered A/P platform easily integrates into Oracle ERP applications, helping companies capture, authorize, and pay invoices up to 80% faster than on-premises A/P applications. Although the EZ Cloud platform is already integrated into Oracle Enterprise Resource Planning Cloud (ERP) and Oracle E-Business Suite applications, the company is currently developing integrations into Oracle NetSuite, Oracle JD Edwards EnterpriseOne, and Oracle PeopleSoft.
Today, companies use the EZ Cloud web and mobile applications to:
- Capture invoices: Suppliers for EZ Cloud's customers can upload, submit, and access invoices through the EZ Cloud web and mobile applications. By using a supplier portal, EZ Cloud users can also capture invoices through emails, uploads, or scans. With EZ Cloud's platform, users prevent duplicate invoices, get multi-language and multi-currency support, and have automated PO matching.
- Authorize users: Users can assign single or multiple approvers for invoice processing, set approval thresholds, approve invoices, create priority payment approvals, use audit trail features, and view progress using an integrated dashboard.
- Collect payments: Because EZ Cloud is a systems-agnostic platform, the company gives all of its customers the full breadth of features, regardless of what enterprise resource planning (ERP) system they're using, without any overhead or payment delays.
Learn more about EZ Cloud's journey to Oracle Cloud: