Paymode is a provider of secure, streamlined accounts payable automation solutions for businesses in North America. Working with businesses from the mid-market to enterprise level and partnering with some of the largest banks in America, we work to make every step of traditionally manual and cumbersome AP processes much easier and more straightforward. We automate accounts payable from invoice to payment for more than 550,000 businesses, allowing for greater efficiency, security and savings. We do this by: o Streamlining receipt, capture and processing of invoices o Automating and digitizing payments by switching from checks to ACH and virtual card o Enrolling vendors in our network and ensuring you're not stuck holding sensitive bank account information o Reducing payment fraud risk Paymode offers a truly comprehensive way to solve traditional accounts payable and accounts receivable challenges. By utilizing Paymode to process invoices and pay suppliers, your business can save time, save money, realize rebates on your AP spend and forge stronger relationships with your key suppliers. Your vendors, in turn, will receive enhanced remittance, quicker payments and advanced fraud protection.
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