Paymode AP Automation

Bottomline's Paymode AP automation software helps businesses reduce fraud risk by enabling secure, digital payment processing through a single integration. The solution supports embedded payments, allowing businesses to initiate and manage payments directly within their existing workflows. Seamlessly integrating with leading ERPs and a wide range of payment platforms across industries, Paymode transfers all the data needed to streamline payment operations.

The solution utilizes Paymode, Bottomline's secure business payments network, which includes over 600,000 verified businesses actively paying suppliers while earning rebates on their accounts payable spend. In fact, it's highly likely that a significant portion of your vendors—potentially more than half—are already transacting through Paymode. This means they can quickly and easily add your business as a payer once you're ready to launch, ensuring a seamless onboarding experience.

Paymode enables vendor payments through two highly secure and efficient electronic methods that offer cash-back benefits: virtual card and Premium ACH. Both options generate rebates and provide comprehensive visibility through a dedicated tracking portal. Vendors gain access to rich remittance data and real-time payment tracking within the Paymode portal, helping streamline their accounts receivable processes and encouraging network enrollment.

The Paymode network processes $500 billion in payments annually with zero fraud reported. We thoroughly validate and authenticate every vendor on the network using over 300 data points to ensure every payment you make is secure.

Bottomline's solutions make payments easier by:
- Digitizing and speeding up processing using Paymode
- Ensuring unparalleled fraud protection
- Maximizing your rebates with secure vendor payments
- Managing, tracking and approving vendor payments using the Paymode mobile app
- Offering interactive analytics dashboards and real-time reporting to track payment invoice KPIs
- Handling enrollment securely for any vendors not already using Paymode

Find out more on Bottomline.com

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