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Accounting

Beanworks by Quadient Now Offers Free Paperless Invoice to Payment Solution

While Beanworks offers the full touchless accounts payable process, the free AP workflow will provide a myriad of benefits to businesses primarily concerned with digitizing paper-based payments. They will enjoy real-time status updates on invoices, ...

Beanworks by Quadient, the accounts payable (AP) automation leader, is now offering a free AP workflow to businesses still using a slow manual check cutting process. The Beanworks payment software will be provided free of charge. Some payment processing fees will apply.

While Beanworks offers the full touchless accounts payable process, the free AP workflow will provide a myriad of benefits to businesses primarily concerned with digitizing paper-based payments. They will enjoy real-time status updates on invoices, access to AP inboxes, payment approvals, and workflows that no longer need duplicate data entries.

AP Teams that require even more robust features such as automatic data capture, multi-level invoice approval channels, and purchase order matching have the option to upgrade their solution.

Accounts Payable Automation solves the most common challenges in paper-based AP processes:

  • Simplify Time-Consuming Vendor Payment Processes: The vendor payment process can take up to a day for every 50 to 100 checks processed. With Beanworks’ AP automation, each invoice can be paid with six clicks of the mouse. The solution reduces costs by eliminating manual labor and saving time.
  • Reduce Accounts Payable Risks: AP automation significantly reduces fraud risks by increasing controls and visibility for approvers, as well as flagging duplicate payments.
  • Secure Access for Remote Workforce: AP automation empowers remote teams and approvers with workflow access from anywhere, at any time, through web browsers or mobile phones.

The free AP workflow solution provides multiple payment processing options, including checks, ACH, VCC, Foreign Exchanges Wires, and EFT.

“At Beanworks, we are constantly looking for ways to help accounting teams improve efficiency and streamline their payment processes,” says Catherine Dahl, Chief Executive Officer of Beanworks by Quadient. “We have created this complimentary payment solution for businesses who want an easy-to-adopt cloud-based software that helps them pay their invoices in a matter of minutes rather than hours.”

Beanworks’ free payments solution currently integrates with market-leading financial software including QuickBooks, Sage 50, Sage 100, Sage 300, Sage Intacct, Microsoft Dynamics GP, and NetSuite.

For more information about Beanworks, visit https://www.beanworks.com/