OnPayConnect is a fully secured, web-enabled accounts payable solution designed to help medium-sized businesses and large enterprises not only streamline their payment processes but also generate a new revenue stream. With this app, you can automate your accounts payable and accounts receivable with ease. Additionally, you can generate more profit with the app’s monthly cash rebates.
The application comes with a plethora of features. It has a robust cloud portal where users can utilize to make payments, view payment information and credit card processing, and download reports. Furthermore, you can issue checks, virtual cards, ACH, and wire transfer.
What’s more, the app works with any ERP and accounting system. Therefore you can continue using whatever finance and ERP system your business is currently using.
Show MoreAutomate Payments
Processing accounts payable and receivable manually can be overwhelming especially if the amount of money involved is huge. AP staff often ends up spending a lot of their time doing monotonous tasks like processing supplier invoices instead of focusing on vital tasks like doing financial analysis. OnPayConnect changes this by letting businesses automate their accounts payable processes. With the app, you can send your payments directly to vendors and suppliers from your bank.
Secure Transactions
The software implements 256-bit encryption and maintains its data in redundant tier-5 data centers. The practices are monitored, supported, and verified by RSA Security. Apart from bank-level data security, the system also gives users complete control over their payment processes so you can mitigate the risk of fraud. Hence, you can be sure your transactions, money, and other sensitive information are secured.
Save Money
With this system, you won’t need much MICR toner, postage, check stock and even staff working full time. Hence, your expenses will be reduced. Furthermore, the automation of most accounts payable related tasks will give staff more time to focus on tasks that would boost your ROI.
Get Additional Stream of Revenue
The platform does not only help its users save money. It also helps them generate more through the monthly cash rebates offer which can be acquired by having a Virtual Credit Card Payment. By using the Virtual Card, you can earn rebates for every dollar spent.
Integrates with your any ERP
OnPayConnect offers integration with any ERP or accounting systems. So whether your existing system can only generate a check file or supports several different payment files, the platform could integrate with that easily. Some of the systems the app supports Accruent, Blackbaud, Microsoft Dynamics AX, Oracle, Sage Intacct, and more.
Show MoreProblem #1: Accounts Payable Upgrade
A treasury manager who wants to upgrade its organization’s Accounts Payable and create a new revenue stream has an option to outsource with card processors and banks. The option is viable. The company can include electronic payments in their payment options without giving additional tasks to their IT department. But outsourcing comes with disadvantages. The business’s existing payment files will be manipulated. And this might pose security threats to important business data.
OnPayConnect eliminates security worries. It offers tools for delivering more efficient payments like Virtual Cards. With this, they do not have to bother their IT department and earn more money at the same time.
Problem #2: Electronic Payment
One of the fastest-growing cities in Texas, positioned on a growth curve that extends well into the 21st century has a centralized A/P department for the City’s 25 departments. All use the same SunGard accounting system, but for control, one central payment technology from OnPay Solutions has been employed for many years. The centralized department issued approximately 200 checks each week and it was time to make an upgrade to electronic payments.
The City’s department has enjoyed high security and streamlined processes for issuing checks. Their system has limitations and cannot issue another type of payment. But with OnPayConnect, they were able to turn their AP department into a profit center while reducing their cost.
Problem #3: ePayment automation in Logistics
A third-party logistics company experienced in moving people, business and products found a solution to “move” from issuing paper check payments to ePayment automation. This $200M logistics business is a diversified, cooperative group of domestic and international service companies that needed a solution to move them from issuing hundreds of checks each month out of each division to ePayment disbursements.
They found OnPayConnect, a solution that generates additional revenue in return and works for domestic and international payments. The company has generated more than a hundred thousand dollars annually.
Keeping in mind businesses have distinct business-related requirements, it is practical that they steer clear of paying for a one-size-fits-all, ideal system. Needless to say, it would be almost impossible to find such an app even among recognizable software solutions. The logical thing to do can be to take note of the numerous essential factors which require consideration such as crucial features, plans, technical skill competence of staff members, company size, etc. Then, you should perform the research to a full extent. Go over these OnPayConnect review articles and explore the other applications in your list in detail. Such comprehensive product research ascertain you take out ill-fitting apps and subscribe to the system that meets all the function your company requires to be successful.
Position of OnPayConnect in our main categories:
There are trendy and widely used applications in each software category. But are they necessarily the best fit for your enterprise’s specific needs? A popular software product may have thousands of subscribers, but does it provide what you need? For this reason, do not blindly shell out for popular systems. Read at least a few OnPayConnect Accounts Payable Software reviews and consider the elements that you wish to have in the software such as the fees, main tools, available integrations etc. Then, choose a few apps that fit your requirements. Try out the free trials of these platforms, read online opinions, get information from the seller, and do your investigation meticulously. This exhaustive research is sure to assist you find the most excellent software solution for your organization’s specific requirements.
OnPayConnect Pricing Plans:
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OnPayConnect Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
OnPayConnect offers a free demo. Its enterprise pricing is available upon request. Contact the vendor to learn more.
We are aware that when you choose to purchase a Accounts Payable Software it’s important not only to find out how experts score it in their reviews, but also to find out whether the real people and enterprises that bought these solutions are actually content with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and OnPayConnect reviews across a broad array of social media sites. The data is then featured in a simple to digest format indicating how many people had positive and negative experience with OnPayConnect. With that information at hand you will be ready to make an informed buying decision that you won’t regret.
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