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EZ Cloud’s state-of-the-art AP software goes beyond simply capturing invoice data through emails, uploads, and scans. It utilizes a patent-pending technical process to generate a digital equivalent of any uploaded/scanned image with a searchable index for every section of the document. This function has enabled its users to edit and search their digital documents efficiently while saving a lot of time and resources in the process.
EZ Cloud utilizes machine-learning data extraction and validates invoice-based data against the user’s ERP System. It utilizes advanced technologies to compare and verify invoice data with the supplier, eliminating any risk of duplicate invoices. Then, it verifies the data from the supplier against the data from the connected ERP system and flags any errors. In any step of the validation, if the system detects disparities between data, it will stop the process until additional supplier information or an updated invoice is received. Once all the data has been validated, users can assign single or multiple approvers for invoice processing and view the progress in the dashboard. The invoices are then set for payment once all the data has been collected, verified, and approved - all within significantly less time when compared to manual processing.
“We have built EZ Cloud with a customer-centric value at its core. Throughout our journey in accounts payable automation solutions, we have gained a great deal of insight into our client’s problems and the most effective solutions for them,” says Andrew Blackman, Founder and CEO of EZ Cloud.
With the implementation of EZ Cloud’s AP solution, AP and finance leaders of major companies are empowered to complete more tasks in less time and access all valuable information required to collaborate cooperatively with team members while making informed data-driven decisions. Additionally, the digital trail of all saved data is stored within each invoice in the platform, simplifying the process of conducting audits.
Greater efficiency, error minimization, and better standardization are the benchmarks for an automated AP solution. EZ Cloud possesses the competency to uphold these standards and takes the burden of monotonous, error-prone AP processes off the shoulders of its users.
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Company
EZ Cloud
Management
Andrew Blackman, Founder, EZ Cloud
Description
EZ Cloud is a cloud-based Accounts Payable (AP) automation solution that digitizes intricate invoice approval operations and automates all accounts payable procedures by utilizing AI and machine learning technologies.
Andrew Blackman was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.
“We are honored to welcome Andrew Blackman into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”
As an accepted member of the Council, Andrew has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Andrew will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.
Finally, Andrew Blackman will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.
“As a new member of the Forbes Technology Council, I’m thrilled to leverage the collective wisdom, experience, and network of the community as well as share my knowledge, expertise, and enthusiasm for Fintech, AI, and AP automation,” said Andrew Blackman.