Designed specifically for organizations leveraging Oracle ERPs, our AP automation solution dives deep into the individual challenges businesses face, presenting an extensible, modernized platform that grows with organizations. Our solution can scale from processing thousands to tens of thousands of invoices every month, allowing your AP team to scale without adding headcount.
Throughout each phase of the invoice cycle, EZ Cloud supports your AP department’s efforts, leveraging automation technology according to specific workflow and user needs.
From invoice capture processing to payment, here is how our AP Automation process works. Click each button to learn more.
Remove tedious and manual invoice uploading, keying, matching, processing, and approving. Effortlessly manage all invoices, whether they're PO-linked, non-PO, direct purchases, recurring, or even traditional paper formats.
In addition, EZ Cloud utilizes live synchronization of PO and other master data, ensuring every invoice extraction seamlessly aligns with the ERP integration.
Ensures the generation of accounting entries by line-item level. Effortlessly manage all invoices, whether they're PO-linked, non-PO, direct purchases, recurring, or even traditional paper formats.
Using high data extraction rates, AI, and automatic validation checks, straight-through (or touchless) invoice processing occurs.
Using a tax determination engine, EZ Cloud will support the allocation of tax codes to invoice line items.
Over two dozen validations performed between the invoice data and ERP. This includes two- and three-way match; duplicate check, supplier data check, and PO data check.
These are custom to your organizational requirements. EZ Cloud’s custom routing capabilities ensure that invoices are automatically sent to the designated approval workflow, eliminating manual efforts.
Configurable exception handling, invoice coding, and invoice approval, enhanced with AI. Approvals can be made within the solution, by email, or via mobile app.
Effortlessly match invoices using a combination of invoice details, POs, external POs, goods receipts, and more at invoice line level. And if there's a data gap? Our AI-powered system delves deep, identifying the best match scenario.
Match country-specific requirements, per e-invoicing government regulations.
After data extraction, invoices are available for verification with data automatically extracted. After verification and approval, images and corresponding data are available to your ERP for processing and payment. The data is available in the ERP immediately after approval.
EZ Cloud is payment agnostic. Leverage the features of your current ERP, all while maintaining the way payments are currently made.
Standard and bespoke real-time reporting available, per customer requirements.
Our Accounts Payable Automation software seamlessly integrate with Oracle ERP systems, in addition to Workday, Yardi, SAP, and more, unlocking efficiency and accuracy in your financial workflows. Embrace a new era of financial management with our Accounts Payable Automation Software, tailored to your unique business needs.
How does our Accounts Payable automation software deliver unparalleled efficiency for global enterprises? With people, processes, and technology in mind and at the core of what we do, EZ Cloud creates a streamlined and curated AP automation experience. Here a are just afew benefits of utilizing EZ Cloud.
EZ Cloud's AP Automation doesn't just streamline your operations - it positively impacts your bottom line. Our solution identifies potential early payment discounts and avoids late payment penalties, ensuring you capitalize on every opportunity to save. With EZ Cloud, your AP process becomes a source of revenue generation, turning your accounts payable department into a profit center.
In addition, by ensuring speedy invoice processing to avoid late-payment penalties while capitalizing on early payment discount opportunities, businesses are able to thrive.
Our innovative, AI-powered system eliminates the need for manual data entry, streamlines invoice processing, and reduces the risk of human error. The touchless operation not only enhances efficiency but also facilitates a seamless digital transformation, enabling your business to keep pace with the modern world's demands.
Experience unmatched data extraction rates (customers regularly attain 88-92% for invoices in Western European languages) without the hassle of training specific invoice templates. Maintain this performance consistency throughout your journey.
Unburden your team from the tedious administrative tasks that have traditionally consumed their time. By automating repetitive, manual processes such as invoice processing and data entry, your team is liberated to focus on strategic, higher-value tasks that drive business growth. With EZ Cloud, allow your team to do more of what they do best - innovate, strategize, and lead your business to success.
EZ Cloud recognizes the paramount importance of this and offers a suite designed to revolutionize how you approach financial strategy. With our platform, you're not just viewing numbers; you're diving deep into comprehensive insights that unravel the story behind each datum. Our dynamic KPI dashboards, combined with extensive reporting tools, provide a panoramic view of your financial landscape. But we don't stop there. Essential managerial metrics are laid out to refine financial planning, allowing teams to identify opportunities, assess risks, and pivot strategies with agility.
EZ Cloud presents a suite of features meticulously designed to enhance team collaboration. Begin with our tailored AP approval workflow, fine-tuned to suit your organization's unique requirements, ensuring that every invoice follows a clear, traceable path to approval. Integrated communication channels within our platform foster real-time discussions, eliminating the cumbersome back-and-forth of external apps and emails. And to ensure that every team member is always in the loop, instant push notifications provide immediate updates on crucial developments.
In the dynamic world of business, it's not uncommon to face intra-day price fluctuations. Such shifts, however minor, can often lead to discrepancies between invoices and purchase orders (POs). Recognizing this challenge, our system introduces the concept of Tolerance-Adaptive Matching. With this sophisticated feature, EZ Cloud ensures a seamless alignment between your invoices and POs, even when there are variations in pricing. Instead of getting bogged down with mismatches, our platform leverages built-in tolerances for ordered goods, accommodating these price adjustments effortlessly.
Employ stringent controls to robustly prevent payment of fraudulent invoices. EZ Cloud introduces Enhanced Financial Safeguards — a meticulously designed feature dedicated to combating these threats. By employing stringent controls, our platform robustly counters any attempt to process fraudulent invoices. These protective measures go beyond just identifying inconsistencies; they actively prevent the payment of any suspicious or mismatched invoice. This commitment ensures that your financial operations remain uncompromised, adding an extra layer of security and trust to your accounts payable process.
With real-time visibility into your entire accounts payable workflow, you're never left guessing about the status of invoices, payments, or cash flow. Our system offers customizable approval workflows and robust reporting capabilities, enabling you to make informed, data-driven decisions. With EZ Cloud, automation doesn't mean loss of control; it means gaining a more effective way to manage your operations.
From AP teams to Management, Controllers to CFOs, EZ Cloud creates a simple, yet sophisticated, experience for leaders working to develop an organized structure for their AP process.
As an AP professional, experience time savings, reduced errors, faster processing, real-time visibility, improved compliance, and EZ Cloud's AP Automation solution support to maintain this new reality.
As a Financial Controller, experience improved accuracy real-time visibility, streamlined approvals, and cost savings, all while reducing the risk of compliance issues using EZ cloud-based Accounts Payable Automation Software.
Seamless integration, check. Scalability, check. EZ Cloud supports your need to maintain your company’s technology infrastructure while also ensuring systems are secure and compliant.
EZ Cloud’s Accounts Payable automation platform helps to improve efficiency and support efforts in achieving financial goals while also aligning with your organization’s strategic objectives.