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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

A unified cloud-based platform designed to effectively capture invoices from various formats and reception channels is now available. This system ensures that 100% of invoices are processed electronically, leading to quicker and more precise handling. Furthermore, it allows suppliers to submit their invoices directly through a dedicated Portal. Comprehensive dashboards and reports grant real-time insights into your billing procedures—whether you need to track invoices or analyze cash flow, everything is centralized to monitor all your key performance indicators. Users have the flexibility to customize features, allowing them to select specific information they wish to view and follow. The platform employs an advanced fuzzy logic algorithm to accurately match invoice line items with Purchase Orders and Goods Receipts. Additionally, its deep-learning capabilities enable the system to autonomously learn to recognize various invoice formats. All invoices that are accurately matched with Purchase Orders and Goods Receipts are automatically posted within the SAP environment. Moreover, the application comes equipped with built-in connectors to seamlessly integrate with your existing SAP systems, ensuring a smooth operation. This combination of features aims to streamline financial workflows and enhance overall efficiency in invoice management.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

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Epicor Kinetic
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Infor CloudSuite HCM
Infor M3
JD Edwards EnterpriseOne
NetSuite
NetSuite CRM
Oracle PeopleSoft
QuickBooks Accountants
QuickBooks Online
SAP Cloud Platform
SAP Extension Suite
SAP Store
Sage 100
Sage Intacct
Thomson Reuters ONESOURCE
Workday Extend

Integrations

AssuranceCM
Deltek Vision
Ellucian Banner
Epicor Kinetic
Infor CloudSuite ERP
Infor CloudSuite HCM
Infor M3
JD Edwards EnterpriseOne
NetSuite
NetSuite CRM
Oracle PeopleSoft
QuickBooks Accountants
QuickBooks Online
SAP Cloud Platform
SAP Extension Suite
SAP Store
Sage 100
Sage Intacct
Thomson Reuters ONESOURCE
Workday Extend

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$30,000 one-time payment
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

Incture Technologies

Founded

2006

Country

India

Website

store.sap.com/dcp/en/product/display-2001010728_live_v1

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

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