Save Time and Money with AP Automation
Running separate systems to manage vendor payments consumes time you don’t have. Relying on cutting, mailing and tracking paper checks also costs time and money.
Consolidate, digitize and upgrade your systems to improve cash flow and vendor relationships with REPAY’s all-in-one payment platform.
- Eliminate paper checks
- Pay vendors using virtual cards, credit cards, ACH and enhanced ACH
- Utilize an easy-to-use payment validation process
- Easily manage payment exceptions
- Ensure on-time payments and avoid late payment fees
- Earn virtual card rebates to increase your bottom line
Streamline Receivables and Your Customer Experience
Ensure on-time payments and reduce downtime dealing with manual paperwork when you digitize receivables. Integrated into your existing property management system, easily manage and track the receipt of each payment all within one convenient platform.
Debit card, credit card and ACH payments
Omni-channel solutions: online, text, mobile and phone / IVR
PCI-compliant web portal for secure payments
Comprehensive, realtime reporting
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.
Check fees are costly, and manually entering and processing checks can be time-consuming and error-prone. Eliminate paper and reduce transaction fees by paying vendors digitally and make it easy for business customers to pay any way they want.
Pay vendors and suppliers using virtual cards, credit cards, ACH and enhanced ACH
Securely accept ACH, credit cards and debit cards
Eliminate time-consuming manual entry
Save on paper costs and late payment fees
Put funds back in your account by using virtual cards to pay vendors. Increase rebates and save time in the payment process to make vendors happy and keep your business moving.
Easily add, alter or cancel funds
Set specific dollar amounts and expiration dates to protect assets
Automate internal tracking and reconciliation management
Offering payment convenience doesn’t have to be complicated or expensive. Speed up the time to revenue and increase on-time payments by providing a seamless, omni-channel payment experience.
Provide self-serve payment options to allow customers to pay their preferred way
Access robust reporting for increased visibility and simplified reconciliation
Simplify PCI compliance with tokenized card data and enhanced security
HEAR FROM OUR CLIENTS
Our payment experts have helped our hospitality clients spend significantly less resources processing vendor payments, leading to huge savings and company growth.
SPECIALIZED SOLUTIONS FOR YOUR BUSINESS, YOUR INDUSTRY
No two companies are alike. Our payment experts provide custom consultation and ongoing support so you can use the payment solutions best for you.
Let Us Enroll Your Vendors
Don’t break a sweat when it comes to onboarding vendors. Our team contacts each vendor to verify their payment preference and set them up for payments. Since REPAY is integrated into your existing operating and accounting systems, you can easily approve payments and track them in real time.
- Quick, effortless vendor onboarding
- Live set-up within a week
- Multiple enrollment techniques maximize electronic payments
Always-available Customer Service
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.
- Payment professionals assist with transactions, deposits, chargebacks, risk mitigation and billing
- Outbound calling assistance when you need to gather vendor data or follow up on payments
- PCI specialists provide guidance to help you maintain compliance
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 and customer satisfaction.
LEARN MORE ON THE BLOG
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.
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.”
REPAY Expands Partnership with Hotel Investor Apps to Include Accounts Payable Automation
REPAY, a leading provider of vertically-integrated payment solutions, today announced the expansion of its integration with Hotel Investor Apps (HIA), an ERP & accounting solution with unique functionality designed for the hospitality industry, enabling HIA properties to streamline accounts payable processes, optimize internal workflows and securely pay vendors and suppliers.