What problem is Paymode-X solving?
Traditional invoice and payment processing offer a number of drawbacks. Invoice approval processing is typically based on manual reviews of paper documents with little to no automation. Check payments are inherently inefficient to process and reconcile — they are easily lost in the mail, difficult to track while en route, and they potentially expose companies to significant risk. Paymode-X is an all‑digital payment mechanism that allows businesses to receive invoices and send payments with cost-saving efficiency, in a completely secure environment. In addition, Paymode-X offers both online and callcenter support for its users.
