Electronic Payments
Reduce A/P Costs & Increase Visibility to Payments with Electronic Payments
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Today more than ever, companies are looking for ways to reduce expenses and improve operations. For this reason, many corporations are now looking closely at their payments strategies – both with respect to execution of payments as a payer and as the recipient, or payee. For both the payer and the payee there are significant cost benefits to be realized in streamlining your payments strategy and adopting electronic payments. Taking notice of the increased focus on streamlining payments, SunGard offers AvantGard PayNetExchange, an electronic payments solution that provides benefits and cost |
savings to both payers and payees. By breaking down the traditional barriers that have blocked electronic payment adoption, SunGard provides a practical path to transitioning corporate A/P disbursements away from the inefficiencies surrounding paper checks and manual processing.
With AvantGard PayNetExchange electronic payments you can:
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- improve visibility to payments
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PayNetExchange Check-to-ACH Migration enables companies to transition from printing and mailing checks with remittances to ACH electronic payments with electronic remittances - without requiring changes to existing A/P processes. PayNetExchange provides a payment platform that can save both companies and their vendors time and money.
PayNetExhange Check-to-Card Migration promotes card payment adoption by providing a way to
enroll vendors to accept card payments and receive card payment information with remittance details electronically. Companies are eligible to
earn rebates on card payments.