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Power Over Your Payables
Power Over Your Payables We understand that all AP processes are not equal, that is why we have developed a unique combination of software and services, giving you access to a complete AP automation solution. Invoice Capture Intelligent Workflows AP Payments BANK BANK BANK BANK BANK BANK avidinvoice BANK With AvidBill Service BANK BANK Learn why so many BANK organizations already utilize AvidInvoice and AvidBill Service to automate the input of fully coded, fully approved, electronic AP transactions into their accounting system. • Invoices can be routed, approved, and ready to pay within 2-3 days • 24/7 visibility reduces internal and vendor invoice inquiries • Complete transparency into outstanding payables for better cash flow management • Rule based approvals mimic your current processes utilizing custom workflows • Vendors submit invoices via email, a secure web portal, or mail • Once received, all invoices are converted to an electronic format for routing and approval • Auto-coding for GL and other codes Learn More: www.piracle.com 800.621.5720 | 6415 South 3000 East | Salt Lake City, Utah, 84121 | [email protected] ©2015 AvidXchange, Inc. All Rights Reserved. This is unpublished material and contains trade secrets and other confidential information. The unauthorized possession, use, reproduction, distribution, display or discloser of this material or information contained herein is prohibited. Power Over Your Payables Piracle Pay Service is now fully integrated with the AvidPay Network, giving you the freedom to choose how you fulfill your AP payments. Utilize the Piracle Pay Service to print MICR checks and generate ACH payments locally. You can also choose to leverage the AvidPay Network that will work to convert check payments to electronic payments with the click of a button. piraclepayservice Piracle Pay Service allows you to print MICR checks onto blank check stock and generate ACH, EFT, PayPal, and Wire payments locally to submit to your own bank without ever leaving NetSuite. The ACH self-enroll tool allows users to email their vendors, customers, and employees a link to a secure web page where they can populate their banking information. Once entered, that information is populated in the Piracle Pay users NetSuite account and will be established as an ACH vendor, customer, or employee. • Transitions to electronic payments using ACH, EFT, and PayPal payment functionality • ACH self-enroll tool • Blank checks are a fraction of the cost of pre-printed checks • Eliminate manual signatures with digitized encrypted signatures • Positive Pay eliminates check fraud avidpaynetwork Dedicated implementation and payment teams will do the heavy lifting to convert your check payments to electronic payments for complete and simple payment automation. • Send payments directly from Piracle Pay Service to AvidPay • Payments are routed to approvers based on your organization’s current process • Vendor services works with your vendors to identify their accepted payment types • Vendors choose how they want to be paid; either check or e-payment • Simple reconciliation because NetSuite is still the system of record Learn More: www.piracle.com 800.621.5720 | 6415 South 3000 East | Salt Lake City, Utah, 84121 | [email protected] ©2015 AvidXchange, Inc. All Rights Reserved. This is unpublished material and contains trade secrets and other confidential information. The unauthorized possession, use, reproduction, distribution, display or discloser of this material or information contained herein is prohibited.
