SIMPLIFY, OPTIMIZE AND AUTOMATE VENDOR PAYMENTS
Take the guesswork out of adapting your business to the ongoing evolution of next-gen fintech. With REPAY’s automated vendor and supplier payment platform, remove the headaches, security concerns and manual processes associated with making accounts payable (AP) payments.
VENDOR PAYMENT Solutions
From a dedicated vendor enablement team to secure, rebate-earning virtual cards, REPAY makes it easy to focus on building relationships with vendors instead of managing their accounts. Avoid late payments, increase operational efficiency and maintain a consistent movement of funds.
vendor payment automation
Automate all outbound payments on day one. Electronically pay vendors using their preferred methods through our platform that integrates with your existing accounting software or ERP. Generate realtime, customizable reports instead of relying on tedious manual reconciliation.
Onboard vendors without lifting a finger. Our dedicated enrollment team contacts each one to identify their payment preferences and has them up and running in only a few minutes. Leave payment security to us! We store and protect all payment data on our end. And if their payment information changes, we track that down as well.
Minimize risk and maximize rebates through virtual cards for vendor payments. These single-use cards allow for instant fulfillment. Preset dollar amounts and expiration dates protect your assets, and you’ll never chase down another check again. Setup is fast and easy—you can begin earning valuable rebates in as few as three days.
What can vendor payment automation do for AP teams?
Spend 75% less time processing invoices with custom approval and payment workflows.
Remotely approve payments 24/7 and reduce trips to the office to cut and mail paper checks
Reduce reconciliation effort and time spent tracking down missing and late payments
Save as much as $8 per transaction by replacing paper checks with digital payment options
Implement a program in as few as three days, without a heavy development lift