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PayEX AP - Accounts Payable Automation Solution
Global PayEX’s Accounts Payable Automation is a comprehensive, AI-driven solution designed to digitize and streamline the entire B2B accounts payable process. Through a unified vendor portal, businesses can manage purchase orders, process multi-format invoices in real-time, and automatically validate them against POs. The system integrates seamlessly with ERP platforms, automating invoice uploads and approvals, reducing manual efforts, and significantly minimizing errors.
Its key features include custom approval workflows, automated payouts with dynamic discounting options, and real-time payment tracking. Vendors can easily resolve disputes, manage queries, and view payment statuses through the portal, creating a transparent and efficient ecosystem. The solution also facilitates seamless reconciliation by auto-matching vendor statements.
With Global PayEX, businesses benefit from a 40% reduction in processing costs, 50% faster invoice processing, and 85% fewer errors—allowing finance teams to focus on higher-value tasks.
Key features
- Digitize PO (Purchase Order) delivery and process invoices in real-time
- Manage vendor interaction via a unified portal
- Setup approval workflows specific to your business
- Automate pay-outs
- Facilitate statement reconciliation
About Global PayEx Inc
Global PayEX is one of the world’s leading Accounts Receivables, Accounts Payables, and Embedded Financing automation solution providers. Our platform helps buyers and sellers collaborate – making the B2B payments experience smooth and helping faster collections/payments, reconciliation, and straight through processing (STP), resulting in massive Working Capital efficiencies.
With a comprehensive Accounts Payable Automation platform designed to streamline and digitize the entire accounts payable process, the solution automates invoice processing, purchase order management, and vendor payments, reducing manual workloads and minimizing errors.
Born in the cloud, we are a JP Morgan backed SaaS company and have enabled finance teams of several Fortune 500 clients like Bridgestone, 3M, GSK, and Stanley Black & Decker to optimize working capital and remove inefficiencies from Accounts Payables.
Our highly-configurable platform facilitates digital transformation for businesses, enhances reconciliation processes, minimizes errors, reduces invoice processing costs by over 40%, allowing finance teams to focus on higher-value tasks while delivering actionable insights to CFOs.
Global PayEX powers corporates and a network of over 25,000 SMBs to bring measurable value and unlock working capital efficiency.
For more information, visit: www.globalpayex.com
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