Banking

By anthony.burket | July 7, 2021

Banking

“The implementation process was very easy and we’ve already seen significant time savings within a week.”

— VP & CFO, Bank of Marion

Efficiency you can bank on

Broaden your product portfolio, expand your capabilities, and give your customers more bang for their buck with integrated payables and Invoice Automation. In less than 10 hours of your time, you could save you or your customers hundreds of hours of administrative work, reduce the risk of fraud and generate a new non-interest revenue stream.

Gain Efficiency

Electronic workflows and artificial intelligence replace manual processes—eliminating work and minimizing human error.

Mitigate Security Risk

Encrypted account data with multi-factor authentication reduces payment fraud.

Increase Revenue

We use virtual cards that can earn cash back rewards, opening new non-interest revenue streams.

Reduce Check Fraud & Escheatment

Positive Pay and daily reconcilement reduces your risk of check fraud. Our software also tracks undeposited paper checks to avoid escheatment.

Cut Costs & Reallocate Resources

With Payment Automation you can eliminate the cost of not only bank fees, postage, check and ink stock, but reallocate resources to more strategic tasks.

Support Your Business and Your Vendors

Our dedicated team of payment specialists are always a phone call or email away. By using Paymerang, you are adding hundreds of AP specialists to your team.