Paymode-X
Make and receive secure and convenient electronic payments using a solution trusted by 450,000+ member businesses.
Product overview
For too many businesses, payables and receivables remain paper-based, manual and fraud-prone. With Paymode-X, your AP department can streamline invoice receipt, automate workflows, accelerate approvals and make virtual card, ACH, check and B2C payments using a single integrated solution.
Featuring an Invoice Automation module and a Payment Automation module, Paymode-X offers your organization the opportunity to fully automate your entire accounts payable process from end-to-end, or choose to initially focus on either the invoice or payment process to start and then have the option to expand over time.
Built for your needs
Benefits and features
Invoice automation features
With the Paymode-X invoice automation module, businesses can:
- Streamline paper and electronic invoice receipt and data capture
- Automate workflows and approvals for both PO and non-PO invoices
- Optional managed service for invoice receipt and pre-processing
- Improve visibility and control with real-time reporting and a complete audit trail
- Integrate seamlessly with their organization's ERP system
Payment automation features
With Paymode-X's payment automation module, organizations can:
- Get day-one payment automation with access to a network of 450,000+ businesses accepting electronic payments
- Make virtual card, ACH, check and B2C payments in a single process
- Earn rebates on virtual card and Premium ACH payments
- Integrate seamlessly with your existing ERP, accounting systems and bank accounts
- Eliminate the risks associated with AP gathering, storing and authenticating vendor bank accounts
- Provide your vendors with a better payment experience, including remittance and AR tools
Learn more
Find out how Paymode-X can solve accounts payables overcome the cost, time, risk and errors associated with traditional, manual processes by automating the entire invoice-to-pay process.
Paymode-X AP Automation
Read the Brochure"Between high levels of payment automation, the early payment discounts we capture, and the cash back we get, AP is no longer viewed as a cost center." Jerry Johnson | Sr. Director of Finance | Daikin Applied Americas Inc.
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