Payables and receivables remain paper-based, inefficient and fraud-prone for businesses
With Paymode-X, accounts payable departments maximize efficiency and optimize working capital by automating the entire invoice-to-pay process. Accounts receivable departments benefit from convenient electronic payments and remittance, streamlining cash application. With digital processes and a cloud-based solution, both AP and AR can access payments and related data anytime.
Paymode-X streamlines and secures payables and receivables for 400,000+ member businesses, exchanging $200B+ in B2B transactions annually
Nearly 60% of all payment fraud attempts that resulted in a loss were related to accounts payable
Read more about key trends in B2B payments and fraud.
Digitize the invoice-to-pay process to realize cost-savings, efficiency gains, enhanced security and new rebate opportunities.
Streamline your AR processes with electronic payments, detailed remittance information and valuable accounts receivable tools.
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Provide your clients with an innovative business payments solution to deepen customer loyalty and satisfaction.
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