Paymerang logo

Paymerang

by Paymerang · Since 2010
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorPaymerang
Year launched2010
StatusActive
Location7401 Beaufont Springs Drive, Suite 300 Richmond, VA 23225
Countries servedGlobal
Languages10
Integrations28+
Free tier
Free trial
Contact salesYES

About Paymerang

Paymerang is an AP automation software from Paymerang that supports accounts payable management. It provides commercial cards, corporate cards, purchasing cards, and virtual cards to help reduce manual work and cut costs. With Paymerang, users gain full control over their financial workflow, ensuring every vendor is paid and every rebate is maximized. The platform facilitates invoice automation, improving the efficiency of payment processes. Key capabilities: Commercial Cards Corporate Cards Purchasing Cards Virtual Cards Expense Management Best for: finance teams that need a comprehensive solution for managing accounts payable and improving payment processes.

Paymerang offers a comprehensive finance automation platform designed to streamline and enhance the operations of modern enterprises. The platform leverages artificial intelligence and automation to improve key financial processes, such as invoice management, payments, and receivables. Paymerang’s invoice automation solution uses AI and machine learning to simplify the approval and posting process, ensuring increased accuracy and real-time visibility across organizations. Payment automation enables businesses to make secure and efficient electronic payments while providing additional benefits such as automated remittance, reconciliation, and cash-back rewards through virtual card payments. Meanwhile, receivables automation accelerates the billing and cash application process for vendors, helping them receive payments faster and more efficiently. The user interface of Paymerang is clean and intuitive, allowing for ease of use while still offering powerful functionality. It supports integrations with all accounting systems, ensuring compatibility for users across various industries. The functionality includes electronic routing of invoices, automation of payment processes, and detailed reporting, with robust security features like encrypted account data and multi-factor authentication.

Pros & Cons

What users like
  • +Simple and clean user interface
  • +Rapid implementation
  • +High-level security and compliance
  • +AI-powered automation for invoicing and payments
  • +Time and resource savings for users
  • +Cash-back rewards through virtual card payments
What users flag
  • Pricing is not readily available on the website
  • Customization might require API access

Features

Key features

AI-Powered Invoice Automation
Automates invoice processing, reducing errors and speeding up approvals
Payment Automation
Secure vendor payments through multiple channels (check, card, ACH)
Receivables Automation
Automates billing and speeds up cash collections for vendors
Vendor Enrollment
Secure, automatic vendor enrollment for payments
Cash-Back Rewards
Earns rewards through virtual card payments

Additional features

Invoice Automation
AI captures, reads, and routes invoices
Payment Automation
Secure, encrypted payments and automatic reconciliation
Receivables Automation
Streamlines billing and accelerates cash flow
Security
256-bit encryption, two-factor authentication
Profit Generation
Virtual card payments that earn cash-back
Visibility
Real-time access to invoice status and approvals
Efficiency
Reduces time spent on approvals and reconciliation
Timeliness
Automatic reminders for pending invoices
Compliance
Certified with NACHA, SOC-2, and PCI standards

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
10
Interface languages
1
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianChineseJapanese

Billing currencies

🇺🇸USD

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