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How accounts payable on cloud differs from on-premises solutions

Many organisations are moving their business functions, including the Accounts Payable process, to the cloud. Will such a move prove beneficial, or is it a fad? An in-depth examination of a relocation to the cloud and the traditional on-premises installation over various parameters like cost, accessibility, security, scalability, and more will help understand the advantages better. Will the nimble cloud prove superior to the traditional on-premises installation?

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