Name: Vendorplace
Author: Yaydoo

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Accessibility Testing

Development

Classroom Management

Virtual Classroom

Education

Business Intelligence (BI)

Collaboration

Data Extraction

Emissions Management

Integrated Workplace Management (IWMS)

Intellectual Property (IP) Management

Risk Management

Enterprise

Accounting

Digital Banking

Nonprofit Accounting

Treasury Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printing

Authorization

Cloud Storage

Configuration Management

Data Collaboration

Fraud Detection

Game Engine

IP Address Management (IPAM)

Integration Platform as a Service (iPaaS)

IoT Security

LAN Switches

License Management

Network Performance Monitoring

Network Security

Open-Source Database

Operating Systems

SOA Governance

Service Desk Outsourcing

Single Sign-On

Vendor Risk Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Appointment Scheduling

Audience Intelligence

Content Experience

Content Management

Customer Journey Mapping

Email Marketing

Influencer Marketing

Market Research

Marketing Automation

Social Media Management

Survey & Forms Building

Text to Speech

Video

Video Marketing

Web Analytics

Marketing

Meeting Room Booking

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Performance Management

Social Commerce

Sales

Virtualization Security

Security

Agriculture

Banking

Donor Management

Equipment Rental

Rental Property Management

Vertical-Specific

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Vendorplace is a platform designed to streamline and automate financial processes for businesses. With a focus on collections and payments, Vendorplace offers tools and services to digitize, manage, and grow businesses of all sizes. According to the vendor, Vendorplace caters to the needs of small business owners, financial managers, accountants, procurement professionals, and e-commerce companies.

## Key Features

**Accounts Receivable**: According to the vendor, Vendorplace allows users to automate and manage collections from a single platform. Users can send payment reminders to clients and perform automated business analysis on collections. Vendorplace also claims to provide synchronization of invoices with the tax authority for digital tracking.

**Accounts Payable**: Vendorplace claims to offer a feature that enables users to receive, approve, and pay supplier invoices in one place. The vendor states that users can make payments to suppliers without the need for banking procedures. Synchronization of invoices with the tax authority for more efficient management is also claimed. Additionally, Vendorplace allows users to view the history of paid and pending invoices.

**Visibility of your accounts**: Vendorplace claims to provide users with the ability to sync and centralize accounts for easy tracking. According to the vendor, users can access real-time information about income and expenses and automatically generate reports for better decision-making. The vendor also states that users can compare the movements of their companies in one place.

**Automated Reconciliation**: According to the vendor, Vendorplace offers automated reconciliation of accounts. Users can perform automatic reconciliations of collections and payments, streamlining the reconciliation processes and avoiding manual errors. Vendorplace claims to provide synchronization of invoices with the tax authority for more efficient reconciliation.

Founded in 2001, Anybill provides end-to-end accounts payable automation for small to medium enterprises (SME), as well as some of the world’s largest corporations and institutions.  Anybill’s cloud-based platform automates the accounts payable process, from invoice receipt and data capture to approval and payment. It provides control and visibility over the entire AP process with clear approval authority and robust reporting functionality.

Subscription

AvidXchange is an automated bill payment system.

Vendorplace

Accounts Payable

Yaydoo

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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Vendorplace

Overview

What is Vendorplace?