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Comdata AP Automation

Name: Comdata AP Automation
Rating: 4.5 (2 reviews)

By Comdata

956 Interested

Highlights : About Comdata AP Automation

Customer account management

ACH payment processing

Approval process control

About Comdata AP Automation

Comdata AP Automation is a web-based payment processing tool that automates accounts payable for small, medium and large businesses. The solution reduces the payment processing time by eliminating the need to manually process paper check payments. Comdata AP Automation offers an integrated payables system called ConnectPay that links data from various financial systems and enables organizations to pay suppliers, vendors or individuals electronically. The single payment file solution can handle different payment types including checks, ACH or wire transfers. Comdata AP Automation offers a virtual credit card that enables organizations to go paperless. This card is like a check that transfers payments electronically through a single-use MasterCard number. Virtual Credit Card helps in transferring the exact amount and reduces fraud rates. Comdata AP Automation offers a continuous vendor enrollment feature which ensures the timely addition of new vendors to the system to maximize its use. It is done by using advanced tools such as PayForYou and Spend Escalator. The software also integrates with major ERP and accounting software and allows organizations to add vendors and use their existing AP workflow. Comdata AP Automation offers custom reporting tools to generate business insights as well. Comdata provides toolkits, reference guides, and training materials to support the implementation of AP Automation. A relationship management team and technical support representatives are on hand to solve customer problems in real-time.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Accounts payable

Third party integration

Accounting integration

Accounting management

Account reconciliation

Electronic payments

ACH payment processing

Approval process control

Duplicate payment alert

Customer account management

Purchasing management

Payroll management

Workflow Management

Benefits

Comdata AP Automation helps companies improve their account payable processes and increase control on finances using tools such as ConnectPay and virtual credit cards.

Integration with ERPs and accounting systems ensures that the payment reconciles automatically with users' bank accounts or treasuries.

Comdata AP Automation enables accounting teams to make all payments in one go and eliminates the need for tracking various payment modes, batch processing, and cash approvals.

Payment is made through a single consolidated central hub that helps in easy report extraction and provides a full view of expenses at any point in time.

The solution provides improved security by allowing companies to pay their vendors with a single-use MasterCard number which ensures that the card is used only once for the approved amount.

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