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About

Paymode, Bottomline’s business payments network, securely processes over $570 billion annually, all with zero fraud losses. Paymode has long been recognized as a leading business payments network, bringing benefits to both payers and vendors including greater efficiency, a reduction in fraud risk, and both cost and time savings. Over 635,000 verified businesses use Paymode to lower their cost of payment processing, reduce the risk of fraud, and deliver significant time savings for AP and AR functions. Bottomline customers slash processing time by over 50% through digitizing payments, streamlining approvals, and automating receipt and reconciliation processes. Vendors can expect to achieve faster reconciliation, receive better remittance, and keep their sensitive payment data safe.

About

Millions of envelopes that contain checks and payment coupons arrive to businesses every week, all of which need to be processed in a timely manner. Traditionally, processing large amounts of payments have required many bureaucratic decisions to review and process each payment. This labor-intensive task is extremely time-consuming and often requires the addition of temporary employees to complete the job. What if you could accelerate your remittance process by cutting down human interactions significantly? With the Informa Remittance Processing solution, you can realize true efficiency. We have seen some of our clients achieve straight-through-processing (touchless) rates as high as 80 to 90%. It all adds up to fewer errors, greater efficiency, lower costs, more information, and faster payments.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Companies with the right revenue and AP volume that need an accounts payable automation solution to automate, streamline and secure the entire invoice-to-pay process

Audience

Companies that need a remittance processing automation solution

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 2.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 1.0 / 5
support 1.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • Using the Bottomline TAP application in JDE is smooth and works well to process vendor invoices and obtain approvals and troubleshoot issues by delivering them to the appropriate user.
  • The company I work for started using them to pay vendors. I submit invoices to my company and the send payments to Paymode-X and they supposed to get me paid. However I am still waiting for them to pay me after over two months. Finally they said of we figured out the problem yet have yet to fix the issue in mean time I'm maxed out all cards and 2 months behind on all of them. My mortgage is 2 months behind and now being threatening with eviction my truck is now garnered a repossession on it and Bottomline still wants pay me the money that they already received to pay me over the past 2 months.

Cons

  • The OCR technology they use to get the data into JDE is very outdated and not configurable. The implementation is rushed and users are left scrambling with a mess to clean up. They don’t take the time to listen and watch the issues they are too quick to assume it’s the user error or JDE and not their own set up. We did a JDE upgrade and needed to upgrade the bottomline to 5.0 and they left us with broken system still trying to fix 6 months later.
  • They screw the workers and mess up your credit when you can't get paid.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Bottomline
Founded: 1989
United States
www.bottomline.com/us/paymode

Company Information

Informa Software
Founded: 2001
United States
www.informasoftware.com/remittance-processing/

Alternatives

Alternatives

EXACTO Invoice

EXACTO Invoice

HCL Software
TELCOR RCM

TELCOR RCM

Telcor
Tungsten MarkView

Tungsten MarkView

Tungsten Automation
Coupa

Coupa

Coupa Software
AQ2 Remittance

AQ2 Remittance

AQ2 Technologies

Categories

Categories

Accounts Payable Features

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Integrations

Deltek Vision
Epicor Kinetic
Infor CloudSuite ERP
Infor CloudSuite Industrial Enterprise
Infor M3
MEDITECH Expanse
Microsoft Dynamics 365 Business Central
Microsoft Dynamics SL
NetSuite
NetSuite CRM
Oracle Cloud Infrastructure
QAD Adaptive ERP
QuickBooks Online
RealPage
SAP Cloud Platform
Sage 100
Sage Intacct
Siemens Opcenter APS
Thomson Reuters ONESOURCE
Workday Extend

Integrations

Deltek Vision
Epicor Kinetic
Infor CloudSuite ERP
Infor CloudSuite Industrial Enterprise
Infor M3
MEDITECH Expanse
Microsoft Dynamics 365 Business Central
Microsoft Dynamics SL
NetSuite
NetSuite CRM
Oracle Cloud Infrastructure
QAD Adaptive ERP
QuickBooks Online
RealPage
SAP Cloud Platform
Sage 100
Sage Intacct
Siemens Opcenter APS
Thomson Reuters ONESOURCE
Workday Extend
Claim Bottomline Paymode and update features and information
Claim Bottomline Paymode and update features and information
Claim Informa Remittance Processing and update features and information
Claim Informa Remittance Processing and update features and information