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Role-by-Role Benefits

Helps Your Entire Organization

Paymode-X supports all facets of your payment, remittance and invoicing processes. Every part of your organization will realize the benefits of more efficient processing.

Paymode-X Helps You...

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Treasurer
  • Increase visibility to cash flows for more accurate forecasting
  • Reduce costs associated with checks and bank fees
  • Optimize working capital through payment-scheduling tools

AP
  • Improve AP performance metrics (time to payment, discounts captured, etc.)
  • Eliminate manual processes to focus on strategic, value-add activities
  • Issue payments with tight security and control for reduced risk of error and fraud

IT
  • Minimize resources required to support e-payment functionality (Paymode-X integrates easily with existing systems and SaaS upgrades are automatic)
  • Ensure secure data connectivity and payment transmission

Audit
  • Institute checks and balances
  • Track Positive Pay
  • Avoid escheatment
  • Conduct compliance reporting more easily

Purchasing
  • Manage spend and vendor relationships
  • Seize early payment discount opportunities
  • Ensure contract and regulatory compliance

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