APS Payments, which provides omni-channel B2B integrated payment solutions, has rolled out Vendor Payments Automation solution into accounting software Sage 100.
This solution is designed to help customers to pay vendors quickly and securely by simplifying and enhancing outbound payments without altering the existing accounting practices.
Go deeper with GlobalData
It is said to complement APS Payments integrations with the Sage X3 and Sage 300 solutions.
The company said that the integration will help users to minimise accounts payable (AP) costs, organise payments, automatically capture discounts and mitigate risk by blocking fraud.
It will enable users who leverage the APS integration to pay vendors without remittance files and allow them to track cleared checks in their accounts.
Batch approvals are said to facilitate more efficient payments while maintaining various controls that are tailormade to align with the customers’ established AP processes.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAdditionally, the Vendor Payments Automation solution will help Sage users to cut down their exposure to fraud risk by eliminating the need to give credit card or ACH account numbers to hundreds of vendors.
APS Payments B2B senior vice-president Darin Horrocks said: “By expanding our integration with Sage, APS Payments is further illustrating its commitment to offering B2B payment solutions that are as frictionless as they are impactful.
“When adding payment automation into the AP process, customers can gain new levels of efficiency while also reducing the potential costs of manual errors and fraud – all with one solution.”
APS Payments said it is offering the new integration to the existing Sage 100 at no additional cost.
