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Did you know that an ERP isn’t really the best option for making payments? Electronic payment options are often very limited. You could be missing out on cash rebates offered with the virtual credit card.

Watch this video and discover the eleven reasons why an ERP is not the ideal payment solution:

Read more on e-payments:

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When you think streamlining Accounts Payable or Automating Payments by issuing ePayments you may be under the impression that your ERP can handle this process.  As many know, the "functionality" may be purchased through an "add-on" module.  

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Payment Automation Support Survey Results

Written by Julie Negrete-Anderson | Wed, Aug 26, 2015 @ 10:06 AM |

Payments are mission critical.  We believe that and that's why enabling payments is all we do. 

That said, you can understand why we are profoundly proud of our latest accomplishment. We can report that we have a 100% satisfaction rating from our customers who have opened a technical support case.*

Over the past several months we have been surveying our customers upon closing technical support cases. And, before we share the results, we will tell you that our customers have high expectations because we have told them to. We have a 30 minute response policy. 

Typical cases that have been opened during the survey period range from positive pay files backing-up to needing new user credentials; from an error building a file to check printing overflow errors; from lost vendor information to double entries in a V-Card log. 

 Here's an infographic on the survey and the results: 

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Updated Information on ERP's and Automating Payments

Accounts Payable - Payment AutomationSince we last touched on this subject with part one and part two of our AP Best Practices Blog Series, we have continued to demonstrate to companies that ERP and Accounting software fall short of payment needs. In the last three years, ERPs have failed and keep failing.

If your goal is to not waste money, then an ERP is not the way to go...A Payment Automation Hub is the ticket. 

Last year alone, Panorama Consulting Solutions reports that ERP implementations cost most companies 5% of their overall operating budget.  And, enhancement projects (many of which included electronic payment processes) failed to stay on track in 2014.

This is also despite the fact that some ERP projects were on and even under budget. Regardless of the statistics, there are some that just haven't given up on this process that is less efficient.

In addition to the continuing inefficiency of issuing payments via an ERP or accounting system, it is also less effective when it comes to security. Below are three ways OnPay's technology protects you.

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    AP Best Practices Series -- B2B Payments --

    Written by Julie Negrete-Anderson | Fri, Apr 20, 2012 @ 01:56 PM |

    ERP and Accounting Softwares Fall Short of Delivering what Accounts Payable Departments Really Need  PART 2

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    Accounts Payable Best Practices Series

    Written by Julie Negrete-Anderson | Thu, Apr 12, 2012 @ 09:31 AM |
    ERP and Accounting Softwares Fall Short of Delivering what Accounts Payable Departments Really Need  PART 1

    Modern ERP and Accounting Software packages often come with payment automation technology built in to their systems. This includes the ability to print business checks using a desktop laser printer and make electronic ACH payments with remittance detail delivered directly to a payee via email.

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