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Make and receive secure and convenient electronic payments using a solution trusted by 475,000+ member businesses.
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      Business Payments Transformation at NACHA 2022.

      Are you ready?

      Learn more by exploring Bottomline at Nacha

      Save Your Spot
    • Bottomline Solutions Browse all products
    • Bottomline Solutions | Browse all products
      • Paymode-X
        Make and receive secure and convenient electronic payments using a solution trusted by 475,000+ member businesses.
      • Accounts Payable Automation
        Streamline invoice receipt, automate workflows, accelerate approvals and make electronic payments using a single solution.
      • Digital Banking
        Market-leading digital banking and payments platform to engage intelligently with customers, and acquire, deepen and grow profitable relationships.
      • Fraud and Financial Crime Management
        Gain unparalleled protection from internal fraud and external financial crime. Meet compliance and regulations without complexity.
      • Financial Messaging and Bank Connectivity
        Securely communicate, reconcile and manage financial transactions across your global financial supply chain.
      • Global Payments and Cash Management
        Consolidate banking and payments departmentally or around the globe with a streamlined, comprehensive solution.
      • Legal Spend Management
        Gain insight into your data, improve bill review process, increase efficiency, enable better decision making, enhance vendor relationships and deliver improved program results.
      • TreasuryXpress
        TreasuryXpress offers the most economic, easy-to-implement and easy-to-use cloud-based enterprise treasury management software in the industry.
  • Company Type
    • 2021 ePayables Technology Advisor Report

    • Company Type
      • Businesses
        Digitally transform invoice and payment processes across your business to reduce costs, improve security and optimize working capital.
      • Financial Institutions
        A comprehensive digital banking and payments platform to acquire, strengthen and grow profitable relationships.
      • Legal
        Gain insight into your data, improve bill review process, increase efficiency, enable better decision making, enhance vendor relationships and deliver improved program results.
  • Resource Hub
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    • Resources
      Transform your organization with our knowledge base of white papers, research reports, on-demand webinars and more.
      Smart Payments
      Discover the latest industry trends with expert advice on today's most relevant business topics, including payment automation, digital banking, and fraud prevention.
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      View upcoming industry and Bottomline events and webinars, from large global conferences to expert-led webinars.
      Bottomline on 2022
      As the year kicks off, Bottomline executives from across banking, B2B payments, fraud and financial crime, customer experience, and treasury identify the business dynamics that will matter most to financial institutions and companies.
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Home Solutions Paymode-X Paymode-X Frequently Asked Questions
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Paymode-X Frequently Asked Questions

Explore this page at your leisure and you’ll understand the business advantages of AP automation, how Paymode-X can serve both payers and suppliers effectively, and how we partner with you to make life easier for your finance teams.

For in-depth questions related to your membership or ways to get started if you’re exploring becoming a Paymode-X customer, please use the contact bar below to reach our Member Services team.

Learn More about Paymode-X
solution detail_Paymode-X Created with Sketch.

What is AP automation?

Accounts payable automation is a time-and-cost-saving method of streamlining and securing traditional paper-heavy, manual AP processes. Essentially, you are able to use AP automation to digitize everything from invoice receipt and processing to supplier payments, taking traditional challenges and weaknesses for your business and turning them into strengths.

For a longer answer, please visit our Paymode-X AP Automation page.

What is Paymode-X?

Paymode-X is the industry’s most secure accounts payable automation solution, allowing more than 475,000 businesses to pay and be paid securely and digitally. We process more than $275 billion in AP spend every year without a single incident of fraud.

For more information, please visit our Paymode-X solution page.

What does Paymode-X do?

At a high level, we are looking to save you time and money, make your finance teams and processes more secure, and offer you benefits ranging from greater efficiency to increased rebate potential.

How does Paymode-X work? For you, in a nutshell.

For invoicing, Paymode-X seeks to make receipt, capture and processing simple and automated. This allows you to take traditionally tedious, error-prone data entry and processes and turn them into simple, secure workflows.

For payments, we look to automate key processes and workflows, simplify, and secure approvals, and offer methods that save costs and offer rebate potential you may not be realizing. We also onboard vendors for you, taking activities that can strain business relationships and lead to security risks and removing those challenges.

For suppliers, we offer an ever-expanding suite of tools to make reconciliation and cash allocation easier and more secure. We also ensure you receive your payment swiftly and securely every time to enhance your cash flow.

Explore our AP automation page for more details and the business benefits of Paymode-X.

What industries do you offer AP automation for?

Paymode-X is successfully used across all industries (475,000 businesses cut across a lot!). We have had great success automating accounts payable for health care, higher education, government, manufacturing, and real estate companies, but our deep experience and the versatility of our solution makes us a good fit for virtually any business.

Visit our AP Automation page for more information on the industries we serve.

What companies use Paymode-X?

The short answer is: Every kind you can think of. We serve mid-market to enterprise-level businesses and banks with our solutions.

To learn more about some of our customers, visit our Resource Center and check out our customer success stories!

How does Paymode-X protect against invoice and payment fraud?

Great question! While we don’t reveal specific solutions and systems because it would provide the bad guys with valuable intelligence, we offer multiple layers of technology, expertise, and tactics to shut out fraud. These range from vendor authentication to stopping business email compromise and insider fraud. That’s how we’ve manage to operate a zero fraud payments network, and it’s how we ensure both payers and suppliers are protected from bad actors when making and receiving both invoices and payments.

To learn more, check out our Paymode-X security executive brief.

What payment types does Paymode-X offer?

Our capabilities are growing all the time, but we currently offer the ability to make and receive virtual card, enhanced ACH, business-to-consumer, international, and both managed and directed check. For a closer look at some of these payment types, check out this resource.

How does Paymode-X keep my payments secure?

We use layers of security, including robust supplier authentication, to shut out fraudsters trying to access our network...and it works! We process $275 billion annually with zero fraud instances, and 92% of our customers rated our vendor identity and bank information authentication as better than any other competitor's. 

To learn more, check out our Paymode-X security overview. 

 


How much can I really save with Paymode-X?

Without totally knowing your environment and current processes today we can only estimate. But it’s an estimate based on helping thousands of customers. All you need to know if your total AP spend, how many of your payments are made by check, total number of AP payments and the number of invoices. Even if you estimate, you will be able to get a strong understanding of the value Paymode-X and AP Automation can provide.

Calculate your annual savings

$
Your total AP spend for the past calendar year
Your total number of AP transactions for the past calendar year
The total number of invoices you've received in the last calendar year
* Indicates a required field

Eliminate or automate every AP process you use today and you could realize these benefits: 

Annual rebates
The cash back on AP spend you can expect to receive by enrolling Vendors in Premium ACH and card payments.

$0

Annual Cost savings
The money you will be able to save by digitizing more of your payments mix, removing paper checks and invoices from the process.

$0000

Annual net benefit
Annual Net Benefit = Annual Rebates + Cost Savings - Recurring Fees

$0000


Adjust the calculator settings to see how much you could save by switching to Paymode-X.

Want to know your cost savings & net benefits?

Fill out a quick form to receive an all you need to know PDF.

Disclaimer: The results based on this calculator are indicative only and any actual savings may be greater or less than those shown.

Thank you

Your Paymode-X Results Report is ready! Find out how your organization can become more efficient and save big by eliminating or automating every AP process.

paymodex calc pdf

Eliminate or automate every AP process you use today and you could realize these benefits: 

Annual rebates

$ 0

Annual Cost savings

$ 0


Annual net benefit

$ 0

Your PDF should download automatically
Customer

Paymode-X will make your AP team more efficient. Period.

Fill out the quick form below to receive an all you need to know PDF.

How to win and keep customers with Paymode-X


What is enhanced or premium ACH?

Our unique ACH offering, which gives payers significant rebate potential and providers their suppliers with enhanced remittance and visibility. Learn more on our ACH page.

What ERPs and accounting systems does Paymode-X work with?

Any! We have deep integrations with some of the leading ERPs in the marketplace—you can see a list on our Integrations page--but through flexible file-based solutions we are able to ensure data can flow freely to and from your ERP with Paymode-X.

Get more information by checking out our datasheet.

How long does it take to implement and start my automation journey?

Less time than you’d think. We have customers who have done live in 30 days post contract signing. If you have all your files ready, and the small team needed we get you up and running quickly.

Visit our implementation guide for more details.

If I’m in accounts receivable, what does Paymode-X do for me?

It means you can get paid faster, reduce your Days Sales Outstanding and reduce your invoice to cash cycle. We have had customers reduce their manual accounts receivable tasks from 2 hours each day down to 20 minutes. You will save a LOT of time and strengthen the relationship with your customers.

Visit our Get Paid page for more details.

How do I join the Paymode-X network as a supplier?

It’s as simple as going to our enrollment page and signing up!

How do I add a user to my Paymode-X account?

We can walk you through it quickly with this video!

How to Add a User

Okay, how about adding a bank account?

We have a video for that as well!

How to Add a Bank Account

I have other questions about how to use Paymode-X. I guess that’s not a question, more of a statement.

We’re still happy to answer it! If you have additional questions about how to use Paymode-X and navigate your membership, please log in and check out our Knowledge Center for additional information and helpful videos.

How do I onboard vendors for the Paymode-X network?

We do most of the work for you. After receiving an up-to-date supplier history file, we generally are able to match 50% of our vendors to existing suppliers in our network. That means you can begin paying them right away via virtual card and ACH. For those not on the network, our vendor enrollment team uses a comprehensive, multi-touch campaign approach to encourage your suppliers to join and realize the security and efficiency benefits of being paid through Paymode-X. We also check in with you often to update you on how our campaigns are going.

To learn more, visit our guide to how we enroll (and do everything else) better than the competition. 

Automating AP across the entire invoice-to-pay process has considerable benefits

Automate accounts payable across the entire invoice-to-pay process, helping your team free up time, save money, and mitigate the risk of payment fraud.

Paymode-X AP Automation

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