Paymode-X
Make and receive secure and convenient electronic payments using a solution trusted by 500,000+ member businesses.
1 Cut your check stack
60% of Paymode-X customers say they want to reduce their reliance on checks. No printing and stuffing checks, no unwieldy processes, and a supplier-initiated collection of funds make this easier and quicker than any other payment type.
2 Enhance efficiency
No printing and stuffing checks, no unwieldy processes, and a supplier-initiated collection of funds make this easier and quicker than any other payment type
3 Frustrate fraudsters
One-time payments that can only be obtained by an authorized user, on a network that protects 475,000+ organizations annually? Forget it, fraudsters.
4 Ramp up rebates
Monetize your AP spend and put cash back into the organization’s pockets.
In this example, XYZ Inc. has an annual AP spend of $200 million. 28,000 checks per year are replaced with ACH and virtual card payments totaling $140 million.
By converting to ACH and virtual card payments, AP contributes nearly $675,000 of ROI per year.
A majority of Paymode-X customers say they want to reduce their reliance on checks
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