Name: Edenred Pay
Author: Edenred

Communications Outsourcing

Customer Success

Help Desk

Web and Video Conferencing

Customer Support

Image Recognition

Java Technologies

Software Repositories

Development

Business Intelligence (BI)

Collaboration

Contract Management

Electronic Signature

Interactive Voice Response (IVR)

Supply Chain Management

Enterprise

Accounting

Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

Credentialing

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Brokers

Cloud Storage

Data Center Infrastructure Management

Data Center Outsourcing (USA)

Data Mapping

Data Observability

Data Privacy Management

Fraud Detection

Governance, Risk & Compliance

Hyper-Converged Infrastructure

IT Asset Disposal

IT Asset Management

Integration Platform as a Service (iPaaS)

Log Management

Network Performance Monitoring

Operating Systems

Packet Analyzer

Single Sign-On

Smart Contracts

Software Defined Storage (SDS)

Software Distribution

Solid State Drives

Tape Storage

Unified Endpoint Management (UEM)

Virtual Private Cloud (VPC)

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Digital Content Creation

Digital Signage

Email Management

Email Marketing

Marketing Automation

Social Media Management

Survey & Forms Building

Video Collaboration

Web Analytics

Marketing

Meeting Room Booking

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Acceleration

Sales

Animation

Building Information Modeling (BIM)

Equipment Rental

Insurance Suites

Investment Portfolio Management

Legal Billing

Public Sector Software

Tax Practice Management

Vertical-Specific

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CSI Paysystems by Corporate Spending Solutions - Edenred is an Accounts Payable Automation and Payments Processing Platform aimed at small to large enterprises. According to the vendor, this solution is widely used by finance and accounting departments, accounts payable professionals, financial institutions, the hospitality industry, and property management companies.

## Key Features

**Accounts Payable Automation**: According to the vendor, this feature allows businesses to automate their AP department, simplifying reconciliations and accelerating the payments flow. The vendor claims that it can also help convert AP from a cost center to a revenue generator, with the potential to earn rebates on qualifying payments.

**Payment Types**: The platform supports various payment methods, including virtual card, ACH, B2B Payments Network, foreign exchange, and check, according to the vendor.

**Virtual Cards**: According to the vendor, this feature provides enhanced security for transactions by offering secure, single-use, electronic credit cards for payments.

**ACH**: The vendor claims that businesses can use Automated Clearing House transfers for fast and secure payments, especially for suppliers who do not accept virtual cards.

**B2B Payments Network**: The vendor states that this feature is an ACH-based payment solution that provides invoice-level details for each transaction, offering enhanced visibility and transparency.

**Ghost Cards**: According to the vendor, this virtual card type streamlines payment processes for recurring transactions with the same supplier or across multiple suppliers.

**Foreign Exchange**: The vendor claims that businesses can make payments in 18 countries and 140 currencies, enabling international payment capabilities.

**Check**: According to the vendor, this feature allows seamless processing of check payments for suppliers who require them, ensuring flexibility in payment methods.

**How it Works**: According to the vendor, the platform offers simple integration with any ERP system and provides easy data transfer through native file upload, APIs, or FTP services. The vendor also claims to provide a supplier enrollment and enablement campaign for smooth onboarding, with the flexibility to accommodate unique internal controls, workflows, and approval parameters. Additionally, the vendor states that the platform provides full visibility into all payments.


Edenred Pay (formerly CSI Paysystems) is an accounts payable automation and corporate payments platform, from Edenred.

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AvidXchange

BILL is an online service for SMBs which provides a central dashboard for managing Accounts Receivable, Accounts Payable, and cash flow management. It syncs with all major accounting systems like QuickBooks, Sage, Intaact, and NetSuite.

Essentials

Team

Corporate

BILL

Edenred Pay

Accounts Payable

Edenred

Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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Accounts Payable Software

Edenred Pay
Formerly CSI Paysystems

Overview

What is Edenred Pay?