For organizations, paying their vendors is typically a very manual, time intensive process, with AP professionals spending 50-80% of their time processing transactions. Processing could include processing ACH batches, printing and mailing checks, or reconciling payments and vendor bills. With 49% of businesses still relying heavily on paper checks, great opportunities exist for improvement. Now that process has been made simple for Sage Intacct users thanks to the new Sage Intacct Vendor Payments feature!
Vendor Payments Made Easy
Sage has partnered with Corporate Spending Innovations (CSI) to deliver Vendor Payments powered by CSI. This solution brings together Sage Intacct’s best-in-class cloud financials and CSI’s trusted payments platform to deliver a seamless experience from invoice to reconciliation. Enabling Sage Intacct customers to automate their payments and speed up reconciliations without ever leaving the Intacct Platform.
Imagine, you’ll never have to print checks again. Don’t worry about ACH files or sending a remittance. Just pick this option and you’re done.
Vendor Payments handles the manual tasks of processing ACH files or printing and mailing checks, while also adding the ability to pay vendors with one-time use virtual cards. It eliminates opportunities for error and frees up significant time to focus on more strategic activities.
The traditional methods for paying vendors are manual, provide limited transaction visibility, and have high processing costs, both in terms of time and hard costs. While there are other AP Automation partners, Sage Vendor Payments offers Sage Intacct users a seamless way to pay vendors using their existing workflow and approvals without leaving Sage Intacct.
Vendor Payments enables you to pay your vendors quickly, speed up reconciliations, and satisfy vendor payment preferences, while saving on transaction costs. This solution will allow you to:
- Automate vendor payments, eliminating manual processes and opportunities for error
- Potential savings of up to $4* or more per printed check by having CSI print and mail
- Get full visibility into the status of your payments with detailed updates at every stage
- Potential to earn cash rebates on payments made by virtual card
- Onboard and update payment details and preferences quicker, with proactive outreach from CSI to vendors
*Legacy processes of printing paper checks have an estimated fully loaded cost of $4-20 per check
If you feel you are a good fit for Sage Intacct Vendor Payments, please reach out to us and we can help get the process started. You can give us a call at 855.913.3228 or send us an email at email@example.com. We even have a simple web form you can fill out and someone will reach out to you within 24 hours. At Alta Vista Technology we take pride in being part of your solution.