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design
support

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Description

Paymode, the business payments network established by Bottomline, efficiently handles more than $425 billion each year. It has earned a reputation as a premier platform for business payments, providing advantages to both payers and suppliers alike. More than 550,000 verified enterprises utilize Paymode to minimize their payment processing expenses, mitigate fraud risks, and achieve considerable time efficiencies in accounts payable and accounts receivable operations. Through the digitization of payments, simplification of approval processes, and automation of receipt and reconciliation tasks, Bottomline's clients reduce their processing times by over 50%. This innovative approach not only enhances operational efficiency but also fosters stronger financial relationships between businesses and their partners.

Description

An electronic invoice approval system is essential for a paperless office, serving as an automated accounts payable software solution. This system allows supplier documents—such as price updates, order confirmations, shipping notices, bills of lading, packing lists, and invoices—to be integrated directly as electronic data, provided the supplier has transitioned to electronic communication. For those suppliers still using paper or fax, the system collects, digitizes, identifies, and stores these documents in an online web-based repository for easy access and ongoing processing. The accounts payable department plays a crucial role in managing and reviewing these transactions to ensure that all outstanding invoices are approved, processed, and paid promptly. This responsibility can create numerous challenges, including potential human errors during data entry, misplaced invoices, late payments, invoice duplicates, and the risk of double payments. By implementing this electronic system, organizations can significantly enhance efficiency and reduce the likelihood of such issues. Ultimately, a streamlined accounts payable process not only benefits the department but also strengthens relationships with suppliers by ensuring timely and accurate payments.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

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Infor CloudSuite Industrial Enterprise
Infor M3
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Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Dynamics SL
NetSuite
NetSuite CRM
Oracle Cloud Infrastructure
QAD Adaptive ERP
QuickBooks Accountants
QuickBooks Online
SAP Cloud Platform
Sage 100
Sage Intacct
Siemens Opcenter APS
Thomson Reuters ONESOURCE
Yardi Voyager

Integrations

Ellucian Banner
Infor CloudSuite HCM
Infor CloudSuite Industrial Enterprise
Infor M3
MRI Software
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Dynamics SL
NetSuite
NetSuite CRM
Oracle Cloud Infrastructure
QAD Adaptive ERP
QuickBooks Accountants
QuickBooks Online
SAP Cloud Platform
Sage 100
Sage Intacct
Siemens Opcenter APS
Thomson Reuters ONESOURCE
Yardi Voyager

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Bottomline

Founded

1989

Country

United States

Website

www.bottomline.com/us/paymode

Vendor Details

Company Name

ShreeMon

Founded

2014

Country

United States

Website

shreemon.com/Product/Account-Payble-Software

Product Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Product Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Alternatives

Alternatives

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