JAGGAER Pay is a comprehensive B2B payment automation platform designed to streamline accounts payable processes, reduce operational costs, and mitigate financial risks through digital transformation. Integrated within JAGGAER's procurement ecosystem, it enables end-to-end automation of global payments while offering revenue-generating opportunities via rebate programs.
Vendor
Jaggaer
Company Website
JAGGAER Pay centralizes global accounts payable operations, eliminating manual processes and fragmented systems. It automates payment creation, supplier onboarding, invoice reconciliation, and fraud prevention within a unified platform. The solution connects with major payment processors and ERPs, enabling enterprises to manage 100% of B2B transactions digitally while ensuring compliance and real-time visibility.
Key Features
End-to-End AP Automation
- Generates payments directly from approved invoices
- Automates ERP accounting entries and reconciliation
- Centralizes supplier onboarding and payment approvals
Risk Mitigation
- Implements formal controls to prevent payment fraud
- Reduces errors via automated batch execution
- Guarantees payment settlement to suppliers
Financial Optimization
- Generates rebates through virtual card programs
- Lowers costs by replacing paper checks with digital payments
- Provides analytics to identify cost-saving opportunities
Benefits
Operational Efficiency
- Reduces manual data entry and supplier inquiries
- Streamlines cross-ERP payment management
- Enables staff to focus on strategic tasks
Cost Reduction
- Eliminates 85-90% of paper check costs (typical implementation)
- Minimizes labor-intensive reconciliation processes
- Lowers fraud-related losses through systematic controls