Cost Savings with Payment Assistant

Payment Assistant is included in your Financial Edge NXT subscription at no additional cost, and automating your payables processes can significantly reduce what your organization spends on manual payment tasks.

Cost Savings Calculator

If Payment Assistant is not yet enabled for your organization, under Cost savings calculator, estimate how much you could save annually by switching from paper checks to automated payments.

Enter values for your current accounts payable volume and payment habits, and review the amount you could save annually.

Tip: The savings estimate is an approximation based on common industry benchmarks. Your actual savings depends on your organization's payment volume and processes.

Reduce Payment Costs and Save Time

Payment Assistant delivers savings across your entire accounts payable process. Here's how automating your payments pays off.

• Reduced check costs — Paper checks carry per-payment costs for printing, postage, and handling. ACH and virtual card payments eliminate those expenses.

• Less manual processing time — Payment Assistant automates payment selection, approval routing, and reconciliation so your team spends less time on routine tasks.

• Faster payments — Electronic payments reach vendors faster than mailed checks, which can strengthen vendor relationships and reduce follow-up inquiries.

• Fewer payment errors — Automated workflows reduce the risk of duplicate payments and data entry mistakes that can be costly to resolve.

Get Started with Payment Assistant

There are no per-payment processing fees and no charges for stopping or reissuing payments. To get started, review key benefits and onboarding details for Payment Assistant.