Simple. Online. Payments.
It’s easy to eliminate the cost, risk, and inefficiencies of paper checks by sending online payments through the Viewpost® network. By connecting your bank account to your Viewpost account, you can switch to an electronic payment service, stop sharing sensitive bank account information with your customers, and make payments on the go for less than the cost of a stamp and envelope.
Let’s see how paper checks stack up.
|Online Payments||Paper Checks|
|Send funds from any domestic bank account||Buy check stock, stamps and envelopes|
|Notify suppliers when an invoice has been paid||Answer calls from suppliers inquiring about the status of invoices and payments|
|Include remittance data with the payment||Include photo copies of remittance details at best|
|Pay any bill electronically, whether it’s a paper bill or digital bill||Write checks, stuff envelopes, and apply postage|
|Finish paying bills without a trip to the post office||Drop off checks at the post office|
|Protect sensitive bank account information||Share sensitive bank account information through the mail|
|Auto transcribe invoices into your Viewpost account using your AP Inbox email.||Manually hand-keying invoice items one by one in order to sync with our platform.|
Simplicity pays dividends.
Your information and transactions are protected by our enterprise-grade encryption, and you don’t have to share any bank account information with suppliers. Plus, we’re certified by trusted third-party experts. Our standard fees apply:
- $0.50 to send an electronic payment of any amount (to suppliers on the network)
- $1.00 to send a paper check of any amount (to suppliers not on the network)
Your suppliers receive payments with remittance data included so they don’t have to call or email you to gather details.
Set up permissions within Viewpost to control your internal workflow and approvals. Choose the bill you want to pay and route it for approval. Once it’s approved, your suppliers receive notification that payment is on the way.
Put your idle cash to good use by offering to send early payments with Viewpost at discounted terms that you set and share with your suppliers. Your suppliers can then see approved eligible invoices, agree to your terms and request early payment on demand. You earn risk-free, double-digit returns, and they get the cash they need to fulfill orders and keep customers like you happy.
Receive invoices from outside the Viewpost network directly into a custom Viewpost email address for automated invoice processing in a single location. Pull invoices of varying formats, and the supporting documentation, into Viewpost where they convert to bills for seamless review, routing, approval and payment.This service is currently in beta release and is available only by request through customer support.
Four simple steps to simple electronic payments.
Register Your Bank Account
Connect up to 10 business bank accounts to your Viewpost account. It’s a single, secure place to send (and receive) online payments without sharing bank information with trading partners.
Setup a Discount Table
Your ability to save and earn higher returns on approved bills begins with our Viewpost Express early payment discount table template. Customize your discount terms and payment thresholds, then assign the table to your designated suppliers so they’ll be notified when approved invoices are eligible for early payment.
Receive Invoices or Enter Bills
Whether you receive online invoices from suppliers through Viewpost or receive paper invoices in the mail, easily add them to your approval workflow and payment queue.
We do the heavy lifting. Send payment online from your Viewpost account to any domestic supplier. If your supplier is on Viewpost, they’ll receive an electronic payment. If they have not yet joined Viewpost, we’ll mail them a paper check on your behalf. Either way, they’ll also receive notification that payment is on the way.
Our customers say it best.
“What a wonderful tool! It saves time and effort for all parties involved, and keeps everyone on the same page—terrific!” – Precision Medical Equipment, LLC.
“This is so efficient—it’s expediting my billing process.” – Joan McGill & Associates
Simplifies bill payment.
“I don’t have to run to the post office, and we don’t waste a lot of paper printing and mailing invoices.” – TAKA Elevator
Latest articles and thoughts:
How Much Money is Paper Costing You?
Consider 2016 the year of electronic invoicing. Everyone seems to be making the switch from paper and envelopes to fast, online transactions. Why bother? The short answer is that it can save your business a lot of money. Read More
Take the guesswork out of cash flow management with visibility into real-time invoice and payments data on the Viewpost® network.