Monetize Your AP Stream eBook
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Vendor Payment Services
Streamlining payments with Sage Intacct and American Express
With Vendor Payment Services, integrated with the American Express Global Commercial Services infrastructure, you automate your check, ACH, or American Express card payment runs to speed up processing, save you time and money, and reduce your risk. You decide what to pay and how to pay it—Sage Intacct and American Express take care of all the details. When you pay with your American Express card, you also earn the rewards associated with the card, effectively monetizing your AP process.
Faster, automated payments
Processing and tracking payments, whether check, ACH, or credit card can add headaches and complexity to your financial workflow. With Vendor Payment Services built on the American Express Global Commercial Services infrastructure, you automate your check, ACH, or credit card payment runs to speed up the process, saving you time and money, while also reducing risk.
End the payment busy work
Say goodbye to the frustrations of printing and mailing checks, creating NACHA files for your bank ACH, or repeatedly entering credit card numbers. Now, you can generate checks against your bank accounts and have them printed and mailed for you. With ACH, just select and send payments—that’s it. Use the card payment service to securely pay vendors that accept American Express, without re-entering card information each time. Whether you choose check, ACH, or card payment services, Sage Intacct automatically tracks and updates your payment status.
"A large majority of mid-market companies (95%) agree that transitioning a company’s payment transactions to the cloud is an affordable and necessary option as technology becomes more advanced."
American Express Mid-Market Cloud-Based Solution Pulse Survey
Fast, self-service setup
There’s no need to change your bank or wait for IT or bank customer service to setup Vendor Payment Services. Just go to your Sage Intacct subscriptions page, choose the services you want on the configuration page, and configure vendors and bank accounts for the service.
- Securely send card payments without using actual card numbers
- Tighten security through encryption of one-time transmissions of account data and optional dual signature
- Accelerate disbursements with a process that’s fully integrated into Sage Intacct Accounts Payable
- Set up check and ACH payments to go out from the banks you already work with
- Reduce risk of check-stock on hand and risk of fraud or theft