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What is FIS Integrated Payables?

Integrated payables are transforming the accounts payable landscape, transitioning it from just a cost center to a potential revenue-generating asset. Despite this shift, many businesses continue to depend on checks for their transactions, which results in significant annual costs related to check processing. FIS Integrated Payables addresses this issue by converting these check disbursements into electronic payments, effectively reducing expenses while also lowering the risks associated with handling sensitive banking information and decreasing the need for paper documentation. Engaging in our virtual card rebate program can help you eliminate nearly all costs related to payment execution. Additionally, our vendor enrollment service simplifies the workload of your accounts payable department by automating the registration of vendors for electronic payments, thus further reducing the risks associated with maintaining bank account data and the hassle of managing physical records. By leveraging our virtual card initiative, you can benefit from monthly rebates without the complexities of tiers or thresholds, which significantly improves your financial efficiency. Overall, this innovative approach not only streamlines your accounts payable processes but also enhances their profitability, ensuring that your organization reaps the rewards of modern financial management practices.

What is CoreChain?

Having facilitated the processing of over $1 billion in B2B payments, CoreChain emerges as the premier network specifically tailored for scalability and security in enterprise Blockchain, enabling a smooth exchange of transaction data and funds in B2B transactions. The CoreChain Network efficiently supports secure digital payment transactions between buyers and suppliers, leveraging enterprise Blockchain Distributed Ledger Technology (DLT) to boost organizational operational efficiencies. By transitioning businesses from antiquated "paper check" methods to a modern digital payment framework, CoreChain not only simplifies operational workflows but also helps companies enhance their profitability through automation. Furthermore, CoreChain addresses all essential components of a comprehensive payables solution, empowering businesses to effectively oversee their payment requirements. This integrated strategy not only underscores CoreChain's significance but also solidifies its position as a trailblazer in revolutionizing B2B payment methodologies. With an ever-evolving landscape in digital transactions, CoreChain is well-equipped to adapt and lead the industry forward.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Not specified

Company Facts

Organization Name

FIS

Date Founded

1968

Company Location

United States

Company Website

www.fisglobal.com/products/fis-integrated-payables

Company Facts

Organization Name

CoreChain

Date Founded

2019

Company Location

United States

Company Website

corechain.tech/

Categories and Features

Accounts Payable

Not specified

B2B Payment

Not specified

Categories and Features

B2B Payment

Not specified

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