Many organizations continue to pay vendors using paper checks or ACH transfers. Paper checks are inefficient, costly, and less secure, yet they still account for more than 70% of vendor payments. ACH transfers offer improved security and lower costs, but they provide limited data exchange capabilities and neither method generates revenue for your organization.
Our Virtual Payment technology delivers a significantly more efficient, secure, and faster alternative to checks and ACH. In addition to streamlining your payment process, it creates a meaningful revenue stream simply by paying your vendors.
