The Paymode-X Pulse helps you stay current on industry best practices and insights, as well as tips to maximize the benefits of your Paymode-X membership.
ON DEMAND WEBINAR
Receivables 101: Answering Your Pressing AR Questions
In this on-demand webinar, experts speakers Yesim Brisbane, Director of Finance from Siemens Healthineers, Bottomline’s Receivables Go-to-Market Lead Amanda Boston, and Mike Ellis, Senior Manager of Credit and Collections for Bottomline addressed the most pressing AR questions and dove into how to achieve efficiency through automation.
Click below to hear the discussion and you’ll be surprised how much you learn.
ON DEMAND WEBINAR
How to Make AP and AR Automation Work for Your Stakeholders
Working in accounts payable and accounts receivable means working in a huge universe of stakeholders. Any process change large or small has the potential to send shockwaves through that community and impact your business and operations.
Click below to learn more.
Paymode-X Makes AR Better: A Customer Story
Recently, we had the opportunity to work with our partners at TechValidate to survey businesses like yours. We were hoping to find out the biggest challenges our customers face so we can help them address them with upgrades to Paymode-X, and to learn what benefits of our solution accounts receivable teams are realizing. We mentioned a few key statistics from that survey in our last Pulse email to you, but now we’d like to share a brand-new infographic that
As you’ll see, slow payments and manual processes are major headaches. We learned that majority of companies using Paymode-X to receive payments from their business partners are finding better efficiency, reduced days sales outstanding and better remittance data, and that’s without the new integrated receivables capabilities we are excited to unveil later in this edition of the Pulse.
If you haven’t realized these benefits yet, check out the infographic and reach out to us with your questions so we can get you on the right path.
Introducing Paymode-X Integrated Receivables
We are always looking to deliver more value to Paymode-X customers, and we’re thrilled to bring brand new capabilities that will make life easier and far better for our accounts receivable customers.
Paymode-X helps businesses improve their entire order-to-cash process and reduce DSO.
Our secure accounts receivable solution helps customers:
- Deliver and track invoices
- Accept electronic payments
- Receive remittance information in
- Automate and accelerate cash allocation processes
- Provide an easy way to exchange critical tax and payment documentation such as W9s
- Deliver greater visibility to the order-to-cash process
- Support working capital optimization
And more! Look for more information on Paymode-X + Integrated Receivables in your Paymode-X account and in your inbox soon!
Six quick tips for finance leaders on their digital transformation journey
Digital transformation and automation can be an intimidating process, especially if your company has the remnants of legacy processes and technology, or worse yet, dominance of analog processes. If you’re like many companies in this position, the idea of adopting technology and automation to replace decades-old processes opens the door to the unknown. And you’re not alone.
Here, Bottomline’s Jill McFarland dives into six tips for making your digital transformation easier and more straightforward.
Preventing Payment Fraud by Securing Your Personal and Business Phones
As more and more businesses begin to utilize VoIP (Voice over Internet Phones) so employees can work from anywhere, fraudsters have been targeting the online logins to those phones to breach bank accounts and steal funds because they can pass Multi-Factor Authentication (MFA) sent to those phones that would have prevented them from logging in on an unknown device/computer.
It is critically important that you set up MFA on those online phone accounts, many of which make this critical security feature optional, by connecting to a cell phone in your possession; otherwise, fraudsters can login to them unchallenged. Additionally, it is also just as important to protect your business and personal cell phones from fraudsters by setting up a PIN number on your SIM card to prevent a fraudster from taking over your phone number by having a new SIM issued to them. You can do this by logging into your cell phone provider’s online portal and accessing its security features.
If you’d like more detail on how Paymode-X protects you and what’s out there in terms of fraud, download our updated guide.
Control your payments on the go
To access the app, Upgrade your Membership to Premium and log in with your Paymode-X account credentials.