OnPay Resources

Driving Change through AP Automation: "Even as COVID-19 took the world by complete surprise, it shone the spotlight on the limitations of accounts payable and accounts receivable systems within enterprises. In the current scenario, with most of the workforce working remotely, CFOs and AP departments must look beyond paper checks and move towards digitalization. A well-designed intelligent AP automation solution could automate the payments process and help organizations weather the current economic turbulence while setting them up for success in the future. As one of the renowned names in the accounting space for AP and AR automation, this is where OnPay Solutions makes its mark."

OnPay Solutions, a Top Ten AP Automation Solutions Provider, has partnered with B2Be to expand its solutions suite to enable B2B payments automation for future and existing clients. By partnering with OnPay Solutions, B2Be is adding AP payments automation to complete the procure-to-pay automation process. B2Be provides e-Invoicing and document management solutions, supports EDI document trading and develops a full supply chain suite. If it involves the supply chain, B2BE has a solution to help improve and automate it. B2Be is the most recent of several finance and payments technology companies to partner with OnPay Solutions to enable B2B payments automation.

OnPay Solutions, a Top Ten AP Automation Solutions Provider, has partnered with Transcard to expand its solutions suite to enable B2B payments automation for future and existing clients. “We are excited to partner with Transcard to help their clients automate the accounts payable process and streamline payments,” said Neal Anderson, CEO and President of OnPay Solutions. “Our mission has always been to empower people to improve the lives of accounting departments globally. We are thrilled to provide Transcard with the tools to help accomplish that mission and to add Real-Time Payments and debit transactions to OnPayConnect.”

OnPay Solutions has appointed Jonathan Beckham as its Chief Technology Officer. Jonathan joins the OnPay Solutions team with more than 20 years of experience in software development, project management, and software services technology strategy. He most recently served as Chief Information Officer for Step Up for Students a Forbes 50 non-profit that distributes more than $700 million in education scholarships annually. Jonathan is a cross-functional technology product leader with an entrepreneurial, hands-on approach integrating emotional intelligence, operational excellence and strategic planning. He is also a published author for work with university professors in data interoperability for software collaboration and referenced for best practices for virtual education technology management. Jonathan holds several certifications including Project Management Professional, Ethical Hacker (CEH), Scrum Master, Product Owner and AWS Cloud Practitioner.

OnPay Solutions has partnered with CoreIntegrator to deliver AP payment automation to its existing and future clients. With the addition of OnPay Solutions’ OnPayConnect AP payment automation product to CoreIntegrator’s solution set, CoreIntegrator will now be able to deliver an end-to-end AP automation experience addressing invoice receipt, data extraction, workflow, and the issuance of a variety of payments including virtual cards. CoreIntegrator is an industry leading software platform for the Accounts Payable ‘Procure to Pay’ market. The versatility and ability to ‘Automate Virtually Any Business Process’ has allowed CoreIntegrator Workflow Solutions to be adopted globally by thousands of users in both large and small organizations in almost every industry.

Read our President and CEO's contribution to the PYMNTS.com eBook titled Black Swan. In this article, Neal highlights the massive shift to more No-Touch B2B payments and invoice processing for AP departments. "As a result of this black swan, for B2B transactions, we expect to see more touchless, automated processes to disburse payments that do not require staff intervention. Companies will want to move their money with the press of a button or via a completely automated approach as opposed to a manual process. Today’s black swan will prove to be the tipping point that motivates CIOs and CFOs to overcome their hesitation to move to digital payments, because the risk is seen as too great or the barrier to entry as too high."

Lendio has helped provide $5.8B in Paycheck Protection Program (PPP) funding for 70,000+ businesses across America, and is actively sourcing applications for round 2 funding of the PPP program. “We’ve partnered with Lendio because we realize that we are heavily involved in our clients’ working capital cycles, and we understand that they may have financing needs at times. We understand that their vendors may find value to Lendio’s marketplace as well. We’re happy to be able to provide another quality product,” said Neal Anderson, CEO of OnPay Solutions.

OnPay Solutions has partnered with Acumatica to provide Acumatica users a robust ISV solution that addresses the need for AP automation by automating check, ACH, wire, and virtual card payments. “We believe that OnPay Solutions and their payment automation software offers our users a simple and easy-to-use solution to make faster payments while also enabling virtual card usage to return AP dollars to them. Their focus on enhancing vendor relationships by not taking possession of funds resonates with our relationship centric perspective,” said Christian Lindberg, VP of Payments for Acumatica.

A few months ago, if you were to scroll through the social media pages of Onpay Solutions, a 2019 GrowFL Florida Companies to Watch Honoree, it would have looked a bit different. Now, between their tips for managing accounts payable and automated invoices, you’ll find photos and videos guaranteed to lift your spirits and make you smile.

In collaboration with PYMNTS, OnPay Solutions released the ultimate playbook for AP & AR professionals. Learn how your finance department can speed past the $150B toll of legacy AP & AR processes by shifting to remote work enabled, business continuity assured AP & AR automation. In addition to eliminating $150B in costs, if more business automated their processes, it would eliminate 19+ work hours per week on manually processing paper invoices and stuffing checks into envelopes. Click the link to download the playbook and learn how invoice automation, payment digitization, AR automation & virtual card rebates can save your business over 85% on costs, while generating monthly revenue on AP spend.

OnPay Solutions' Founder & COO, Julie Negrete-Anderson, sits down with PYMNTS CEO, Karen Webster, for The Founder Series to discuss what it's going to take to kill the check. In this series, you'll get an inside look into Julie's background in Communications working in tandem with AP departments for large corporations. She saw first hand how time-consuming and outdated paper-based AP could be. Julie deconstructs the reasons why large enterprises hesitate to automate their processes, and why it might be easier to transition to an automated accounts payable solution than they think.