Enrollment that’s engaging, not enraging.
We know supplier relations can be fraught, especially if you’re frequently asking them to enroll for new payment types.
Paymode-X takes over your enrollment efforts and uses high-touch, friendly, benefits-forward campaigning to get your suppliers on board and receiving virtual card and Premium ACH payments. You’ll never have to pick up the phone to enroll a vendor again.
Better remittance for easier receipt and reconciliation
The more robust the remittance detail, the easier it is for accounts receivable teams to match payments to invoices and apply cash.
Paymode-X provides a variety of remittance options for Premium ACH and virtual card payments, including CTX, that aid in faster receipt and reconciliation. That makes adopting digital payments an easier sell for suppliers and smooths processes on both ends.
An end to impersonation and interception
Suppliers stand to lose a lot when bad actors gain access to their accounts or steal their payments, with consequences ranging from money lost to broken business relationships.
Paymode-X authenticates every supplier on the network, ensuring that account changes can’t be made without passing the most strenuous multi-factor authentication challenges in the marketplace. That means peace of mind for you, but it also means peace of mind for your supplier, who can be sure their payment will be there and not in the hands of a fraudster.
Line of sight into every payment.
Paymode-X makes it easy for suppliers to track payments, view payment history, and schedule payment reports to land in their inbox.
The benefits? Time savings and the ability to see every payment made received Paymode-X at-a-glance with remittance detail, making reporting a snap and life just a little easier for your valued suppliers.