Do you struggle with your accounts payable process? Are you still paying bills with paper checks? If so, you’re missing out on a great new time and money-saving tool. Electronic accounts payable processing is the future of business and it’s easy to use.
Electronic checks (e-payments) and ACH processing allow you to streamline your accounts payable process, save valuable time, and are more secure than mailing a traditional paper check. Much like the traditional ACH format, we are all used to, e-payments are designed to electronically transfer money from one bank account to another without the need to have a manual exchange.
Here are just a few of the benefits you can receive from switching to electronic payments:
- Improve your cash flow management by designating when payments are taken from your account, making cash flow predictable.
- Easily designate which vendors should receive electronic payments. Process electronic payments using the same easy-to-use select and pay processing method used for Accounts Payable checks.
- Save staff time and effort and reduce costs by automatically sending payment notifications by e-mail to vendors.
- Elimination of paper checks and buying stamps.
The time and money saved by sending payments to vendors this way will more than cover the set-up process or transaction costs you’ll encounter. Give SYGNVS a call today at (985) 892-7207 for more information to get started.