Paymode-X for Banks

Bank-hosted order-to-pay capabilities create additional opportunities for banks to integrate more tightly with their corporate clients’ back office processes. 

Paymode-X, Bottomline’s financial supply chain automation solution, automates corporate payables processes and offers bank clients significant efficiencies and cost savings while providing the bank early visibility into clients’ approved invoices. Bottomline’s business to business payments and invoicing network is the largest and fastest growing in the world with more than 125,000 suppliers. The cloud-based solution is easy to integrate into a banks’ existing client-facing product suite either with bank co-branding or into WebSeries ACH creating a seamless client experience.

With Paymode-X from Bottomline, banks:

• Have the ability to deliver a combined cash and trade offering
• Can foster the conversion of paper to electronic payments
• Provide a platform for receiving invoices electronically
• Differentiate their ACH offering
• Create and enable new opportunities for supply chain finance
• Differentiate themselves in the market
• Can design new opportunities for “stickiness”

For more information on our electronic banking applications please contact us.