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Paymerang has become a game-changer for businesses that have struggled with the traditional accounts payable process. Users report an …
Overview
What is Paymerang?
Paymerang provides a streamlined invoice and payment automation platform that brings Accounts Payable (AP) departments into the modern age. Paymerang's platform saves AP departments thousands of hours annually, enhances visibility, increases accuracy, improves efficiency, and earns rebates while reducing paper,…
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What is Paymerang?
Paymerang provides a streamlined invoice and payment automation platform that brings Accounts Payable (AP) departments into the modern age. Paymerang's platform saves AP departments thousands of hours annually, enhances visibility, increases accuracy, improves efficiency, and earns rebates while…
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Product Demos
Paymerang Payment Automation | Bring Accounts Payable into the Modern Age
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Product Details
- About
- Competitors
- Tech Details
- Downloadables
What is Paymerang?
Paymerang provides a streamlined invoice and payment automation platform that brings Accounts Payable (AP) departments into the modern age. Paymerang's platform saves AP departments thousands of hours annually, enhances visibility, increases accuracy, improves efficiency, and earns rebates while reducing paper, fraud risks, and operating costs.
Paymerang Features
- Supported: Increased Efficiency
- Supported: Enhanced Security
- Supported: World-Class Support
Paymerang Screenshots
Paymerang Video
Paymerang's Payment Automation Solution allows finance teams to eliminate burdensome manual processes and focus more time on strategic priorities like cash flow management and vendor relationships.
Paymerang Competitors
Paymerang Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | United States |
Paymerang Downloadables
- Check out the results of our latest client net promoter score to learn why finance teams nationwide are leveraging Paymerang’s AP Automation Platform.
- Learn how to put the power of artificial intelligence and process automation to work for you with the Paymerang AP Automation Platform.
- Learn how Invoice Automation empowers businesses with AI and machine learning technology to save time, improve accuracy, and enhance visibility.
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
- Recommendations
Paymerang has become a game-changer for businesses that have struggled with the traditional accounts payable process. Users report an increased efficiency within their payables process, leading to substantial time and money savings. The software's ability to eliminate the need for paper checks has been a significant relief for users who have seen a reduction in the amount of paper check writing on a weekly basis. This has created electronic payment options for vendors, improving vendor relationships and making everyone happy.
Users have also praised Paymerang's ability to streamline their payables processes, authorizations, and reconciliations. The software has significantly reduced the time spent collecting invoices, signatures, stuffing, and mailing envelopes. This has allowed users to spend their time on more worthwhile activities such as research vendor issues more easily. In addition, automated invoice processing has eliminated the need for paper checks and ensures timely payments even when managers are not in the building. The high-security automation system has given users leverage in sustaining their numbers and invoices protected within their walls, reducing fraud attempts on bank accounts. Overall, Paymerang provides a secure environment for payments while saving users time and hassle in the payment process.
Convenient Payment Processing: Many reviewers have praised Paymerang's payment processing system for being convenient and efficient. It eliminates the need for paper checks, postage, and waiting for mail delivery. Vendors are paid quickly using the tender type they prefer, making it a valuable tool for Accounts Payable departments.
Responsive Customer Support: Numerous users have commended Paymerang's customer support team for their responsiveness and availability to address any queries or issues. They found it helpful to have their account representative available to speak with and resolve issues quickly.
Efficient AP Automation: Several reviewers appreciated how Paymerang streamlined the accounts payable process into a more efficient process that virtually eliminated worries about spoiled checks. The automation system was easy to use and figure out, providing an almost instant response that many users found unbelievable.
Clunky User Interface: Some users have reported that Paymerang's user interface is clunky and unintuitive, with too many required fields that slow down the process of inserting vendors.
Wire Transfer Process Challenges: For some users, the wire transfer process to fund batches can be challenging. It adds processing time and costs analysis fees.
Communication Issues: Some users report difficulty communicating between Paymerang, vendors, and themselves when issues with payments arise.
Users have made several recommendations based on their experience with Paymerang. These include:
- Ensuring that the data being imported into Paymerang is clean and accurate.
- Attending a demonstration webinar to evaluate if Paymerang would be beneficial for the organization.
- Considering Paymerang for payment automation and processing as it frees up time for other important tasks within the AP and finance teams.
Additionally, users highly recommend Paymerang for its reliability in making payments to vendors and its ability to reduce the time spent on payment processing. However, some caution that it may not be suitable for the hospitality industry.