Streamline Your Payments with the New Batch Payments Feature

In the world of procurement and finance, efficiency and accuracy are paramount. The time-consuming task of processing individual invoices can often burden accounts payable departments, leading to delays and potential errors. However, there’s good news!

With the introduction of the new batch payments feature by, managing payments has never been easier. This feature can revolutionize your payment processes, saving your AP department valuable time and effort.

Simplifying Payment Processing

The batch payment feature allows you to consolidate multiple invoices into a single batch for streamlined processing. Rather than handling each invoice individually, you can now create batches of invoices that you want to pay, optimizing the payment workflow. This feature is especially beneficial for organizations that deal with a high volume of invoices, reducing the time and effort required to process each one separately.

Seamless Integration with Payment Providers and Banks understands that every organization has its preferred payment provider or bank. With the batch payments feature, you have the flexibility to integrate seamlessly with your preferred payment provider or bank. By downloading an ACH file, you can easily import the necessary payment information into OFX or your chosen financial system. This integration enables you to pay your foreign exchange (FX) spend at favorable rates, optimizing your financial transactions.

Effortless Payment Tracking

Once the payments are made, the batch payments feature automatically marks the invoices as paid within the platform. This automation eliminates the need for manual intervention, saving your AP department the hassle of individually updating each invoice status. With a quick glance, you can easily track the payment status of your invoices, improving transparency and reducing the chances of overlooking any payments.

Time and Resource Savings

One of the most significant benefits of the batch payments feature is the time and resource savings it offers. By consolidating multiple invoices into a single batch, you can significantly reduce the amount of time spent on payment processing. This streamlined approach allows your AP department to focus on more strategic tasks, such as analyzing financial data or improving vendor relationships. By eliminating manual data entry and updating, this feature can save your AP department hours per month, enhancing overall operational efficiency.’s new batch payments feature is a game-changer for organizations seeking to streamline their payment processes. By simplifying payment processing, integrating with preferred payment providers or banks, automating payment tracking, and saving valuable time and resources, this feature empowers accounts payable departments to operate at peak efficiency. Embrace this innovative solution and experience the benefits of optimized payment workflows, improved accuracy, and enhanced financial control. Stay ahead of the curve with’s batch payments feature and unlock a new level of efficiency in your procurement and finance operations.

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