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 electronic payments partner your institution is looking for. Learn the benefits of converting from check payments to electronic transactions:
Overcome the traditional
payment complexities to move to electronic while also providing value to your
vendors by leveraging the Paymode-X network.
8 out of the top 25 Public Colleges use Paymode-X to pay their Vendors electronically.
White Paper11 Questions to Ask AP Automation Providers
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.
On-Demand WebinarAutomate AP from ‘Here’ to ‘There’
Listen in as experts from Bottomline Technologies explain how to automate accounts payable. Our experts will teach your company AP automation trends all while learning how AP automation benefits your organization.
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