Bottomline Paymode 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.

Bottomline Paymode Alternatives
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Zahara's cloud-based platform automates budget management and suppliers. It also allows for multi-level purchase approvals, delivery approvals, and invoice reconciliation and approvals. Zahara integrates seamlessly with the most popular accounting software, such as QuickBooks Online or Xero, to provide expanding SME's with real-time visibility and central control over their purchasing. Zahara can be used for controlling spend within an organization. We can take the initial request to purchase something and automate the approval and sending the PO to the Vendor. Deliveries can be received, invoices from vendors matched and processed before being exported to finance. Zahara increases control and speeds up processing.
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AvidXchange modernizes the way companies pay and get paid, so they can focus on what matters most. Our accounts payable (AP) solutions allow customers to increase efficiency, visibility, and control in their AP process. Increase Efficiency: Streamline invoice approvals and reduce administrative tasks, freeing up employees to focus on more strategic work. Improve Visibility & Control: Gain real-time visibility into invoice and payment status and create customed workflows to match your approval process. Gain Anywhere, Anytime Access: Boost productivity and prevent delays by having the flexibility to tackle AP tasks 24/7. Additionally, AvidXchange, Inc. is a licensed money transmitter for US B2B payments, licensed as a Money Transmitter by the New York State Department of Financial Services, as well as all other states that require a license.
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Medius Reviews
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Simplicity should not be complicated. Medius makes AP autonomic--using intelligent technology to reimagine the way invoices flow through your business. This process doesn't require you to touch it and gets smarter with each step. The Medius Accounts payable suite automates the entire source-to pay process. Automate and simplify your entire AP process with the Medius Accounts Payable suite. This includes manual invoice matching, keying, matching, processing, and paper removal. You will always have complete visibility of your invoices, spend, and cash flow so you can close the books on schedule. Improve the payment process within your company to reduce complexity, reduce fraud, and save money. Medius Pay automates the process of paying suppliers. It eliminates manual processes like processing checks and encourages automated work. Give your procurement team the tools they need for eliminating maverick spending.
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Integrations

API:
Yes, Bottomline Paymode has an API
View Integrations

Reviews - 1 Verified Review

Total
ease
features
design
support
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Company Details

Company:
Bottomline
Year Founded:
1989
Headquarters:
United States
Website:
www.bottomline.com/us/paymode
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Media

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
In Person
Customer Support
Business Hours
Live Rep (24/7)
Online Support

Bottomline Paymode Features and Options

Accounts Payable Software

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

Bottomline Paymode User Reviews

Write a Review
  • Name: Anonymous (Verified)
    Job Title: Owner
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Total crap

    Date: Jan 14 2024

    Summary: Horrible. Wish the company had stuck with Avid exchange. Apparently the main company Bottomline has 2 different company departments that are supposedly doing their payouts and neither seem to have a clue what the other department does or are able to find out anything from the other department. And when you call in you get a complete run around and told you have to deal with your company you work through to get paid even though the company you work for sends your payments to Bottomline. If you are a company and thinking of using them for payments to your employees. Either let employees go or chose a different payment company.

    Positive: The company I work for started using them to pay vendors. I submit invoices to my company and the send payments to Paymode-X and they supposed to get me paid. However I am still waiting for them to pay me after over two months. Finally they said of we figured out the problem yet have yet to fix the issue in mean time I'm maxed out all cards and 2 months behind on all of them. My mortgage is 2 months behind and now being threatening with eviction my truck is now garnered a repossession on it and Bottomline still wants pay me the money that they already received to pay me over the past 2 months.

    Negative: They screw the workers and mess up your credit when you can't get paid.

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