Overview

Esker Pay is a payment automation platform designed to optimize the accounts payable and receivable processes. By integrating various payment methods and offering early payment discounts, Esker Pay enhances cash flow management. It simplifies global transactions, reduces administrative costs, and minimizes payment errors, ultimately improving supplier relationships. The solution offers real-time payment tracking, secure processing, and fraud protection, allowing businesses to streamline financial operations and maintain efficient supplier communication.

Features and Capabilities

• Automated Payment Processing: Streamlines both accounts receivable and payable, ensuring payments are processed efficiently.
• Multi-Payment Method Support: Facilitates various payment types including credit cards, bank transfers, and direct debits.
• Global Payment Integration: Handles international transactions and multi-currency payments with ease.
• Supplier Relationship Management: Enhances communication and collaboration with suppliers, improving payment terms and reducing disputes.
• Cash Flow Optimization: Accelerates payments and reduces late fees by leveraging early payment discounts.
• Flexible Financing Options: Offers supply chain financing and reverse factoring, enabling suppliers to receive early payments.
• Advanced Fraud Protection: Provides secure payment methods to reduce risks associated with fraud and unauthorized transactions.
• Real-Time Payment Tracking: Allows businesses to track payments in real-time for better visibility and control.
• Payment Verification: Ensures that payment details are accurate and verified, reducing errors in processing.
• Efficiency Gains: Automates manual tasks, streamlining back-office operations and reducing administrative costs.
• Dynamic Discounting: Facilitates dynamic discounting for cost savings when paying suppliers early.