Overview
What is Paypool?
Paypool is an accounts payable automation solution designed to streamline the entire AP process, from invoice intake to approval routing to payment. It is specifically tailored for small-to-medium businesses, education institutions, not-for-profit organizations, financial institutions, and professional...
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Product Details
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What is Paypool?
Paypool is an accounts payable automation solution designed to streamline the entire AP process, from invoice intake to approval routing to payment. It is specifically tailored for small-to-medium businesses, education institutions, not-for-profit organizations, financial institutions, and professional services. Paypool is trusted by a diverse range of clients across various industries, including private businesses, advocacy groups, educators, and financial institutions.
Key Features
Accounts Payable Automation: According to the vendor, Paypool streamlines the entire accounts payable process, from invoice intake to approval routing to payment, with the aim of eliminating manual tasks and increasing efficiency.
Accessible Anywhere: The vendor claims that Paypool's AP system is accessible from any device, allowing users to manage invoice processing, approval, and payment in one centralized system, even when they are not physically present in the office.
Time-saving Process: According to the vendor, Paypool reduces the overall time spent on AP tasks by automating invoice processing, approval routing, and payment, thus enabling users to focus on more value-added activities within their organization.
Robust Reporting: The vendor states that Paypool provides robust reporting capabilities, offering transaction-level data and full visibility on-demand, enabling users to gain insights into their AP process, track payment status, and analyze spending patterns.
Seamless Integration: According to the vendor, Paypool seamlessly integrates with existing accounting systems, ensuring easy reconciliation and eliminating the need for manual data manipulation, resulting in a smooth transition and synchronized AP data.
Bulk Payment Distribution: The vendor claims that Paypool offers an efficient solution for distributing payments to any number of individuals or organizations, allowing users to easily schedule and process mass payments, thus reducing the time and effort required for manual payment distribution.
Anybill Tax Payment Services: According to the vendor, Paypool's tax payment services, supported by Anybill Financial Services, provide automated tax payment processing, helping users streamline their tax payment process and ensure compliance.
Anybill Mobile App is Available for iPhone and Android: The vendor states that Paypool provides a mobile app for both iPhone and Android devices, allowing users to access the system on the go, providing convenience and flexibility in managing AP tasks from anywhere.
Paypool Features
- Supported: Approval Process Control
- Supported: Audit Trail
- Supported: Bank Reconciliation
- Supported: Cash Management
- Supported: Check Writing
- Supported: Duplicate Payment Alert
- Supported: Expense Tracking
- Supported: Fraud Detection
- Supported: Invoice Processing
- Supported: Purchase Order Management
- Supported: Vendor Management