Compare Bottomline Paymode vs. Fintech in 2025

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Order.co
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BILL
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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

For over three decades, Fintech's PaymentSource has been transforming financial processes in the alcohol industry with innovative solutions for accounts payable (AP) and accounts receivable (AR). Its AP automation includes 15 months of invoice history, cost variance analysis, and simplified distributor credit reconciliation. The new Premium tier extends these tools to cover all goods, services, and supplies, delivering complete visibility, seamless vendor integrations, and better cash flow management—all within a simple, user-friendly platform. For AR, PaymentSource facilitates secure, compliant electronic payments from over 250,000 retail and hospitality partners nationwide. Distributors can access invoice details, track payment statuses, and issue credits directly through the portal, cutting costs by an average of $6.80 per delivery while maintaining compliance across all 50 states. With PaymentSource, businesses can streamline financial workflows, reduce errors, and maximize efficiency.