Higher Education AP Automation
For Higher education organizations, Paymode-X can make managing the shift to digital payments and invoices simple with an AP solution built to reduce complexity and improve every process.
Free up your AP staff to focus on value-add activities
Cut costs, earn rebates and optimize working capital
Reduce exposure to invoice and payment fraud risk
Works from anywhere, with
any ERP and bank
Paymode-X is a modular solution with invoice automation and payment automation capabilities. Automate end-to-end or tackle one part of your AP process at a time.
Enables AP departments to overcome the cost, time, risk and errors associated with paper invoices and manual processes. Easily digitize and automate the invoice lifecycle starting at the time of receipt through capture, matching, coding and approvals. With Paymode-X, your AP department will streamline workflows, enhance governance and get operational visibility around PO and non-PO invoice processing.
ExploreProvides 100% payment automation for businesses, helping AP departments maximize efficiency, reduce fraud risk and optimize working capital. Unlike manual processes or fragmented virtual card, ACH, check and B2C payments, Paymode-X enables businesses to streamline payments to Vendors and consumers using a single solution.
ExploreUnderstand how you can position your organization for current and future success with business continuity best practice tips for your accounts payable function.
"We wanted to automate and streamline the entire AP and payables process - all the way from receipt through approvals and payment. Most importantly, the technology had to integrate with our ERP and enable mobile invoice approvals." Kim Hughes | VP & Controller | Taubman Centers
Paymode-X integrates seamlessly with your ERP, resulting in unprecedented efficiencies, cost-savings and ease of use. By automating the entire invoice-to-pay-process, you can transform AP performance, free employees to focus on driving the business forward and increase organizational value. Integrating with your ERP or accounting system and bank, working with your existing business processes and actually eliminating paper and manual work are all key requirements for you, and the right solution will have all those pieces.
Look no further than Paymode-X.
An accounts payable department processing 60k invoices per year stands to save $667k annually through accounts payable automation. The best-in-class AP departments saw over a 90% increase in savings by converting to electronic payments from paper checks.
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