Payment Processing Capabilities
Process Vendor and Employee payments securely, quickly, and directly from within the WorkPlace Spend Management solution, forming a robust, centralized P2P (Procure-to-Pay) platform.
- Available for WorkPlace Enterprise Standalone Version
- Payment Batch capabilities
- Automatic terms discounts calculation based on the assigned payment terms
- Full financial journal tracking for reconciliation of discounts taken, payments and exchange gain/loss in multi-currency environments
- Auto transmission of remittance information to suppliers
- Standard payment provider integration available
- Automated electronic payments from within WorkPlace
- Option for personalized integration via WorkPlace DIAPI or report exports
