E Payment Software from AvidXchange
Our full-service e payment software offerings are available along with AvidXchange electronic bill payment services.
How does it work?
You select payments from your accounting system just like you do today, but instead of selecting them for print, you select them to pay. Payments are then transmitted to the E Payment Application and your optimized payment process begins. Based on your company’s current approval processes, payment files are routed to approvers for final approval before they are transmitted to vendors.
Once approved, all payments are debited from your company’s bank account(s) to a trust account for secure funding. Verified funds are then easily distributed to vendors. Your company’s accounting system remains your system of record, and you will receive files with all the payment information your company needs for reconciliation of payments.
Trade in paper, stamps, and hours for a few simple clicks to pay all of your vendors without worries. Use your trusted accounting system with our Payment Application process payments. We provide a clear cut, cost effective, check writing experience for you to pay with ease. Our software generates a secure, MICR check with automated, encrypted signatures on your behalf. After payment is approved, the check is routed to your vendor’s verified bank account. Our payment forms – ACH, EFT, and wire – cut the cost of checks, time, and hassle. Create-A-Check offers protection with payment approval and Positive Pay to eliminate fraud and suspicion.
Reduce risks and reap these rewards:
Strengthen Support & Security
- Build Trust
Security is key! Transfer ePayments or checks to verified vendor bank accounts to prevent fraud and provide 100% protection for your vendor payments.
- Keep Your Receipt
We’ll provide a Supplier Payment Receipt to ensure that vendors receive payments and satisfaction.
Carry Out Control & Compliance
- Convenience & Control
Access and approve anytime, anywhere for fast approval processes and payments.
- Play by the Rules
Keep your processes in place by adding your current approval rules to your automated payment process.
- Cut Corners
Skip a step! Integrate your accounting system with our application to automatically pay invoices in minutes instead of months.
- Digest Data & Details
Instantly access payment information. We’ll store all of your payment details to ease reporting, and rebuying.
The AvidXchange E Payment Network
AvidXchange has a dedicated supplier team that works directly with your suppliers to maintain their payment data and verify their accepted payment types. Through the enrollment process, most customers see an average e payment adoption of 40%. Based on a supplier’s accepted method of payment they will either receive an electronic payment or check. Our Payment Services Team ensures all payments are received and provides a supported supplier experience.
We integrate with over 100 accounting systems, so it's easy for you to get started.
Love your accounting system? We do too. We’ve worked hard to cultivate relationships with them, and to fully understand your process and make it seamless from your accounting system to our software. We know how important it is for your accounting system to remain your system of record, which is why we’ve integrated with so many best-in-class solutions.