Optimize budget balancing
reduce late payments and transaction costs
improve vendor management
Reduce Manual Entry with Streamlined Accounts Payable
Refocus attention on what really matters and relieve stress from your staff and budget with customizable accounts payable solutions. Cut through the hassle of cutting checks and performing manual payment entry. REPAY integrates with your existing operations software and handles all payments centrally.
Pay vendors automatically with credit card, virtual card or ACH
Gain visibility from realtime reporting for improved budget forecasting
Reduce mistakes by removing the risks from duplicate entries
Enhance security and ensure regulatory compliance
More Funds Back to Schools with Every Vendor Payment
Eliminate paper checks and pay vendors with one-time use virtual cards. Rebates from virtual card payments can be funneled back into your budget to fund parties, graduation celebrations, motivational campaigns or other school incentives.
- Easily add, alter or cancel funds
- Set specific dollar amounts and expiration dates for additional security
- Use automated internal tracking and reconciliation management
Benefits of REPAY
Traditional payment systems cost you precious time and negatively impact your bottom line. With a frictionless, centralized solution in place, you can save thousands by digitizing costly payment processes and gaining visibility and control over your funds.
Enhance the vendor experience using our simplified AP platform. You can relax while we do all the work, from setup to support.
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Pay using virtual cards, credit cards, ACH and enhanced ACH -
Eliminate time-consuming manual entry -
Save money on paper checks and late payment fees -
Pay vendors and suppliers accurately and on time -
Put funds back in your budget with rebates
You won’t break a sweat when it comes to onboarding your vendors. Our team contacts each one to verify their payment preference and set up your ability to pay them automatically. Since REPAY is integrated into your existing operating systems, you can easily approve payments and track them in real time.
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Quick, effortless vendor onboarding -
Live setup within a week -
Substantial vendor network -
Multiple enrollment techniques maximize electronic payments
U.S.-based and available 24/7/365, our dedicated customer service team can assist you with every aspect of REPAY's payment processing program.
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Outbound calling assistance when you need to gather vendor data or follow up on payments -
PCI specialists provide guidance to help you maintain compliance
See how REPAY helped one school system implement digital vendor payments to generate $750,000 a year in rebates.
Benefit from Faster, More Secure Payments
Digital payment technology evolves every day, and REPAY has the resources and expertise to keep you ahead of the changes. Rely on REPAY to simplify payments and manage the platform integrations for improved cash flow, streamlined internal processes and increased vendor satisfaction.
LEARN MORE ON THE BLOG
How AP Automation Creates a Better Payment Experience for Businesses and Vendors Alike
It might (or might not) surprise you that many B2B businesses are still using outdated payment methods like paper checks for their accounts payable (AP) processes. In fact, according to a study from PYMNTS, “25% of B2B payments are made via paper checks.”
Three Ways AP Automation Drives Organizational Efficiency
The economic uncertainty of 2021 has offered the opportunity for many companies to focus on process improvement and organizational efficiencies. An overhaul of Accounts Payable (AP) and invoice processing can seem daunting, but it is worth researching given new technology that can provide measurable cost and time savings.
AP Automation Isn’t Just for Large Businesses: SMBs Can Flourish Too
Small to medium businesses (SMB) across the U.S. are still feeling the ripple effects of the pandemic with supply chain issues, rising interest rates, growing inflation and uncertain economic conditions. As we approach 2023, inflation is the primary concern. Thirty-seven percent of Main Street SMB decision-makers cite it as their greatest worry, and it doesn’t look to be going away anytime soon.