Name: Yordex
Price: 3 USD
Author: Yordex

Help Desk

Web and Video Conferencing

Customer Support

Image Recognition

Development

Business Intelligence (BI)

Collaboration

Diagramming

Project Portfolio Management

Supply Chain Management

Enterprise

Accounting

Invoicing

Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Brokers

Cloud Storage

Converged Infrastructure

Data Center Infrastructure Management

Data Lakehouse

Data Observability

Data Privacy Management

Database Load Balancing

Ethernet Switches

File Sync and Share

Fraud Detection

Integration Platform as a Service (iPaaS)

License Management

Log Management

Managed IT Service

Network Performance Monitoring

Network Troubleshooting

NoSQL Databases

Packet Analyzer

Password Management System

Remote Support

SOA Governance

Single Sign-On

Smart Contracts

Solid State Drives

Threat Hunting

Threat Intelligence

Virtual Private Cloud (VPC)

Wireless LAN

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Creative Collaboration

Customer Success

Digital Content Creation

Digital Signage

Email Marketing

Marketing Analytics

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Field Service Management

Meeting Room Booking

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Gamification

Sales

Construction Management

Equipment Rental

Homeowner's Association (HOA) Management

InsurTech

Insurance Suites

Investment Portfolio Management

Tax Practice Management

Vertical-Specific

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Yordex is a banking-as-a-service orchestrator provided by Yordex Ltd. According to the vendor, Yordex helps B2B platforms and businesses with a high volume of payouts embed payments into their processes. The product offers automated global payments, card issuing, payments automation, admin and support tools, and APIs. Yordex caters to businesses of all sizes, from small startups to large enterprises. It is utilized by various professions and industries, including freelancer platforms, travel tour operators, music and streaming royalties, nonprofit organizations, and business software providers.

## Key Features

**Automated global payments and card issuing**: According to the vendor, Yordex enables businesses to issue physical and virtual cards, including Mastercard or Visa cards, to employees or beneficiaries. The platform also supports branding of cards with the company's logo. Furthermore, Yordex facilitates instant fund disbursement in the US through integration with Google Pay and Apple Pay.

**Bank transfers automation**: The vendor claims that Yordex's masspay service automates bank transfers, supporting various payment methods such as ACH, SEPA, Faster Payments, and international payments. With Yordex's global banking partner network, businesses can reportedly enjoy comprehensive coverage for their payment needs.

**Payments automation**: Yordex offers configurable payment flows that the vendor says can adapt to different business processes. Customizable workflows are available for supplier, freelancer, beneficiary, and expense payments, with a wide range of payment terms. The platform supports high-volume payouts through masspay and bulk card management, aiming to make payment processes efficient and scalable.

**Secure supplier onboarding**: According to the vendor, Yordex provides a secure and compliant supplier onboarding process, facilitating payments to thousands of suppliers. This feature is designed to ensure that businesses can easily and securely manage their supplier relationships.

**Spend and approval rules**: Yordex allows businesses, according to the vendor, to set up spend and approval rules to control how money is spent. With a variety of options available, businesses can establish customized rules that align with their financial policies and procedures.

**Auto-reconciliation features**: Yordex automates the matching of payments with invoices and pay-ins through its auto-reconciliation features, aiming to streamline the reconciliation process and reduce the risk of errors.

**Customizable reports**: According to the vendor, Yordex offers customizable reports that allow businesses to track, analyze, and export spend data. These reports aim to provide valuable insights into spending patterns and help businesses make informed financial decisions.

**Comprehensive end-user support portal**: Yordex provides a comprehensive end-user support portal, according to the vendor, that assists customer support teams in addressing user inquiries and issues. This is intended to ensure that businesses using Yordex have access to reliable support whenever they need it.

**Low-code integration options**: Yordex offers low-code integration options, according to the vendor, reducing the effort required to integrate the platform with existing systems. This allows businesses to find the right balance between time-to-market and automation, enabling a seamless integration process.

**APIs**: Yordex is API-first, providing a comprehensive set of REST APIs for automating accounting activities. The vendor claims that all features available in the end-user apps and admin portal can be accessed through these APIs, allowing businesses to integrate Yordex into their existing workflows and systems.

Basic

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Essentials

Team

Corporate

BILL

Yordex

Accounts Payable

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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Yordex

Overview

What is Yordex?