PAPERLESS PAYMENTS SERIES
Payment processing companies list a series of benefits that businesses that continue to use paper payment methods fail to receive. In the past year, AvidXchange has processed around 58 million transactions, and they processed over $145 billion in spend management in 2020. With over 700,000 suppliers trusting the AvidPay Network over the last five years, AvidXchange has emerged as one of the top payment as a service companies today.
Because of the recent push towards digitization in our society, there are many new digital payment companies that market ways to streamline the accounts payable process for businesses. Top digital payment companies for middle-market businesses often have many traits in common.
PAPERLESS PAYMENTS SOFTWARE
Software like this can also help to maintain a more organized workflow, which can help your AP team to track and approve invoices without misplacing or counting an invoice twice. Problems such as duplicate payments and payment-amount errors can be easily prevented because digital invoices can be monitored by more than just one individual, so your AP department can more easily spot any mistakes and correct them quickly. Streamlining your accounts payable processing and payment method can help to prevent many common problems.
When trying to keep up with the invoice processing cycle, employing tools such as AvidInvoice can prove helpful. With paperless invoice processing, your AP team can then easily continue to receive, track, and approve incoming invoices in a digital workflow. AvidXchange software implements optical character recognition (OCR) technology to scan your paper invoices and convert them into a paperless invoice format. Because your AvidXchange account can be easily customized to fit your company’s specific needs, it can fit easily into the current accounts payable system that you already have, including any current invoice processing flowchart your company uses to process its accounts payable. Paperless Invoice ProcessingĪvidInvoice, the AvidXchange invoice processing software, can take your current paper invoice process and transition it into a paperless process. This increased access can not only help your AP team to keep incoming invoices organized, but it can also help to catch any errors and reduce duplicate payments. Using AvidXchange’s cloud-based invoice and payment management system, your AP team can access any invoice information they need from any device at any time, provided that they are connected to the internet. With the increased visibility digital payment solutions can provide, your AP team can better manage your company’s accounts payable bills. Employing a paperless billing system can also help to reduce your company’s expenses by eliminating many of the costs associated with traditional paper invoices, such as mailing checks and printing and filing receipts from previous payments.īy transitioning to a digital invoice and payment processing solution, your AP team can keep better track of invoices and ensure that they are paid on time. Paperless payment software can help to increase the efficiency of your accounts payable team by removing the paperwork that can slow down your business. Paying your bill online will allow your payment to post to your account as soon as your credit card payment is made.Not only does paperless payment processing make interactions with other companies easier, but it also helps to streamline and organize your own company’s bills.
PAPERLESS PAYMENTS PASSWORD
The online Utility Bill Pay System will keep your account information safe and secure, and will only be accessible and viewable by you using a secure password that you select. Manage and pay multiple utility billing accounts.Pay by debit/credit card, eCheck, Venmo and PayPal.Save payment information for future use.Locate your account number and customer number from a previous bill and follow the prompts.Click on the "online bill pay system" icon above to register your account or make a one-time payment.Register Your Account to Access Information Online, Pay Your Bill, or Schedule Automatic Payments
Use the instructions below to set up a new account. The new system also allows for payments to be made 24/7 online, by phone, pay-by-text, credit, debit ACH/eCheck, Venmo, and Paypal. Bills will be sent to your email account and customers can pay with a simple click of the computer mouse or by smartphone. The City's utility bill pay system provides customers with the option to enroll in convenient features including auto pay and paperless billing to receive and pay your utility bill online.
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