Make and receive secure and convenient electronic payments using a solution trusted by 550,000+ member businesses.
Finance and Accounting departments in Higher Education institutions are complex by nature—typically juggling large payment runs to Vendors and contractors as well as student refunds and reimbursements across multiple systems and payments methods.
At the same time, colleges and universities are pressured to reduce processing costs and increase automation while facing more sophisticated payment fraud scams, decreases in funding, and increased dependence on student enrollments and tuition. Manual, error-prone payment processes represent an opportunity for cost savings, efficiency gains, and security improvements.
Paymode-X is the AP Automation partner your institution is looking for.
Make the switch from checks and manual invoice processes in order to:
Paper-based AP processes that are slow, costly, and error-prone
Poor visibility and significant fraud risk throughout the AP process
Challenges implementing and managing distinct virtual card and ACH programs
Difficulty integrating invoice and payment activity with ERPs and banks
Inability to pay vendors electronically with the necessary remittance detail
Overcome the traditional struggles of manual, paper-based processes while providing value to your vendors through the Paymode-X network.
Choosing an end-to-end AP automation solution is a big decision and not all technology offerings will meet your company's unique business requirements. It's critical to know the right questions to ask potential solution providers.
Whether you need to make adjustments to your existing membership or are signing up for the first time, we are here to help.+1 (800) 331 0974
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Begin supporting your company's conversion to electronic payment. Sign up is easy and takes just a few minutes.JOIN NOW