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Stop Struggling with AvidXchange. Upgrade Your AP Process with Bottomline.

Built for real estate. Trusted by finance leaders who are done compromising.

 

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Here's What Our Customers Are Saying:

 

Save Even More Time on AP

Stop struggling with limited invoice processing functionality.

Bottomline's AP Automation for Real Estate solution can support your high-volume, high-complexity environment – without slowing you down:

  • Route invoices for approval based on various factors, such as GL category, department, dollar amount, or a specific vendor
  • Automatically tag CAM-related invoices by property and expense type and create auditable documentation to support year-end reconciliation
  • Put recurring invoices on autopilot with invoice templates and automatic approvals

Easily add on additional modules, like job costing, purchase orders, and centralized procurement, as you need them.

Need to route a specific invoice based on multiple approval rules? No problem. The AP Automation for Real Estate solution can accommodate your company's specific workflow needs.

Companies using Bottomline AP Automation for Real Estate see average time and cost savings of:

40%

Less Time on Invoice Approvals

50%

Less Time on Invoice Capture

70%

Less Time on Procurement

*Hobson & Company's Business Case for AP Automation for Real Estate

Optimize Your AP Payments

(Without heavy lifting)

Digitize More of Your Payments

Get more vendors on board with Paymode Premium ACH and Virtual Card payments, which vendors generally receive 1-2 business days after payments approval. No holds or delays.

We provide valuable AR tools to vendors too, such as detailed remittance information with each payment. 97% of vendors stay with Paymode once enrolled.

Boost Your Payments Fraud Protection

We authenticate and validate every vendor in the Paymode network using 300+ different data points, processing $450B+ annually with zero fraud. Both you and your vendors get built-in multi-layered security.

No other AP automation provider has the same fraud monitoring tools in place.

2x Your Rebate Potential

Since both Premium ACH and Virtual Card payments provide cash back rebates, there’s more opportunity to earn cash back.

8 in 10 customers capture 2x more rebates with Paymode.

Use these funds to offset the cost of your AP software or reinvest in the business.

AP Automation for Real Estate and Paymode Integrate with the Top Property Management Systems/GLs in Real Estate

Every invoice, payment, purchase, and approval syncs automatically between AP Automation for Real Estate and your GL – no manual uploads needed. And, your property management system(s) always remains the system of record.

Use more than one ERP? No problem. Connect them all in one instance of AP Automation for Real Estate.

Give Every Stakeholder the Visibility They Need

AP teams and property managers

All authorized users can view invoices and their status at every point in the invoice-to-pay process.

Vendors

Vendors can see invoice and payment statuses in the Paymode portal, from submission through payment.

Get the Edge with Bottomline AP Automation for Real Estate and Paymode 

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Built specifically for real estate

We understand the ins and outs of real estate and have been building our software around you for 25+ years. That’s not changing.

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Supports your growth

Easily modify workflows, approvers, configurations, and bank accounts as your company expands. It’s all doable in the UI.

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Respects your funds & supplier relationships

We don’t pool or hold your funds. AP payments are disbursed immediately and get to vendors quickly.

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We're committed to your success

Everyone from account managers to support reps are here to help you and your vendors come out ahead.  

Frequently Asked Questions

What does switching from AvidXchange to Bottomline look like?

Switching can be simpler than you think. You’ll get a dedicated implementation team to guide you through every step of going live on Bottomline’s solution. Also, in many cases, your vendors are already in our network and do not need to be re-onboarded. For all the rest, we’ll handle the communications and enablement for you.

Why should I switch from my current AP automation tool if it’s working OK?

Bottomline gives you better control, better service, and real functionality, your teams will use.

Do you hold funds like other AP automation providers do?

No, Bottomline doesn’t hold payers’ funds to earn interest. Once you approve a payment, it generally only takes 1-2 business days for the vendor to receive it (for Premium ACH and Virtual Card payments).

Do you integrate with my Property Management/ERP system?

Yes, we have robust integrations with all major real estate ERPs including Yardi, MRI, and RealPage. API-based integrations ensure near real time data sync and visibility.

Do you work with my existing banks?

Yes, Bottomline is bank agnostic and works with your existing banking relationships. No need to change banks or move funds.

How do rebates work and can I really trust them?

On day one, you’ll get a rebate estimate that’s based on your current spend and vendor network so you can know exactly what to expect. You’ll also hear our plan to maximize vendor participation. Once onboarded, you can track the rebates you earn right in Paymode.

How does Bottomline handle support?

Our account managers have in-depth product knowledge to assist you with your questions and route you the right support reps for additional technical support. Plus, access digital help and training resources directly within your Bottomline solution.

Are there other examples of functionality that specifically addresses the needs of real estate companies?

Yes – one example is our reporting capabilities. We know many real estate companies must provide detailed reporting to various stakeholders. You can find many built-in reports to address these needs and even create custom reports on your invoices, payments, vendor activity, and more.

Ready to See Why Bottomline Beats AvidXchange?

Book Your Free Demo

 

 

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