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CDK Increases Accounts Payable Functionality through Collaboration with FileBound

Heavy equipment dealers will now have access to simpler, more effective accounts payable workflows

LONDON, Ontario – February 28, 2014 – CDK, a leading Dealer Management Systems (DMS) provider and a division of CDK Dealer Services, Inc., announced today a new integration agreement with Upland Software. The agreement enhances CDK’s IntelliDealer™ accounts payable functions with Upland’s FileBound application for document and workflow automation.

CDK customers that elect to take advantage of this integration will be able to leverage FileBound’s ease-of-use and scalability, while still reaping all the benefits of IntelliDealer.

Dealers will be able to utilize FileBound’s invoice automation to help reduce workflow bottlenecks, better manage accounts payable polices, improve employee productivity, and reduce dealership costs.

“At CDK, we’re excited to begin this new relationship with FileBound,” said Frank DeDecker, CDK Director of Development. “Through this collaboration, FileBound and CDK will be able to increase the robustness of our accounts payable solution, while continuing to improve efficiencies and innovate in the market.”

Another important feature of FileBound is its ability to capture invoices electronically. The system can then manage the approval and routing process through a drag-and-drop workflow process, helping to ensure that no step is overlooked.

“FileBound has been innovating in the area of document and workflow automation since 2001—this collaboration with CDK is a natural extension of our product offering,” said Sean Nathaniel, Vice President of Technology at Upland Software and General Manager for the FileBound product line. “We look forward to continuing to serve heavy equipment dealers with the tools they need to improve the flow of enterprise work.”

CDK dealers already using FileBound as a stand-alone application have seen measurable results since implementation. They have been able to increase their invoice processing efficiency and eliminate express shipping charges, leading to recuperation of their initial purchase cost of FileBound’s software.

“CDK’s DMS includes comprehensive financial management solutions already,” said DeDecker. “But when you add in FileBound’s industry expertise, CDK dealers can achieve improved process automation, as well as speed and cost savings. It’s a win-win for all of our dealers.”

About CDK Global Heavy Equipment
CDK Global Heavy Equipment an CDK Company is a leading provider of dealership management systems for equipment distribution dealers throughout North America. CDK develops, markets, sells, installs and supports its IntelliDealer™ Dealership Management System from its head offices located in London, Ontario and Hoffman Estates, Illinois. For more information, visit CDK on the web at www.pfw.com.

About CDK, Inc.
With more than $11 billion in revenues and more than 60 years of experience, CDK®(NASDAQ: CDK) serves approximately 620,000 clients in more than 125 countries. As one of the world's largest providers of business outsourcing and Human Capital Management solutions, CDK offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA). CDK's easy-to-use solutions for employers provide superior value to companies of all types and sizes. CDK is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about CDK, visit the company's Web site at www.cdkglobal.com.

The CDK logo and CDK are registered trademarks of CDK, Inc. All other marks are the property of their respective owners. Copyright © 2014 CDK, Inc.

About FileBound
FileBound by Upland delivers cloud-based document and workflow automation solutions that improve the operation of any organization by connecting users with the information they need to work more efficiently and effectively. With FileBound, customers can build automated workflow processes and centrally manage documents to improve compliance, collaboration, and access to information. FileBound solutions can be deployed locally or as a cloud-based service and have been implemented by organizations of all sizes around the world. As a member of the Upland Software family of cloud-based enterprise work management applications, FileBound shares Upland’s commitment to a customer-centric approach to innovation, excellence, and solutions that deliver measurable results. For more information, visit www.filebound.com.

Media Contact:
David Wrobel
Marketing Manager
CDK Global Heavy Equipment
Office: 847.485.4395
Email: david.wrobel@cdk.com

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