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What is Payment Rails?

Payment Rails serves as a comprehensive solution for automating mass payments on a global scale. It provides complete assistance for your accounts payable operations, which encompasses custom-branded collection of banking and tax information from suppliers and partners. Furthermore, their user-friendly API dashboard facilitates the transfer of payments in various currencies to recipients across over 200 nations, supported by a structured approval workflow and preparation of necessary tax documentation such as 1099 and 1042 forms. This streamlined approach not only enhances efficiency but also ensures compliance with international payment regulations.

What is AvidXchange?

AvidXchange revolutionizes payment processes for businesses, enabling them to concentrate on their core priorities. Our accounts payable (AP) solutions empower clients to enhance efficiency, transparency, and authority within their AP workflows. Enhance Efficiency: Expedite the approval of invoices and minimize administrative burdens, allowing team members to engage in more critical initiatives. Boost Transparency & Authority: Achieve immediate insights into the status of invoices and payments while crafting personalized workflows to align with your approval requirements. Access Anytime, Anywhere: Enhance productivity and eliminate delays by managing AP responsibilities around the clock. Moreover, AvidXchange, Inc. operates as a licensed money transmitter for B2B payments across the U.S., holding a Money Transmitter license from the New York State Department of Financial Services, along with other states necessitating such a license. This extensive regulatory compliance underscores our commitment to secure and reliable financial transactions.

Media

Media

Integrations Supported

QuickBooks Online
QuickBooks Online Advanced
Easyflow
Google Calendar
PayPal
Stackreaction
Wave Accounting
Zoho Books

Integrations Supported

QuickBooks Online
QuickBooks Online Advanced
AccountMate
ComputerEase
Condo Manager
Entrata
M3
MDS Explorer
QuickBooks Desktop Pro
Rabbet
Rent Manager
Sage Intacct
Vantaca

API Availability

API Availability

Pricing Information

$49.00/month
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Payment Rails

Date Founded

2015

Company Location

Canada

Company Website

www.paymentrails.com

Company Facts

Organization Name

AvidXchange

Date Founded

2000

Company Location

United States

Company Website

www.avidxchange.com

Categories and Features

Accounts Payable

Approval Process Control
Cash Management
Check Writing
Fraud Detection
Vendor Management

Affiliate

Affiliate Management
Commission Management
Email / Newsletter Communication
Fraud Detection
Multi-Language

B2B Payment

Not specified

Influencer Marketing

Payment Tracking

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Fraud Detection

AI Accounting

Not specified

AI Accounting Agents

Not specified

AP Automation

Not specified

B2B Payment

Not specified

Billing and Invoicing

Billing Portal
Contact Database
Customer Portal
Customizable Invoices
Invoice History
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing

Cross-Border Payment

Not specified

Expense Report

Not specified

Payment Processing

ACH Check Transactions
Online Payments
Recurring Billing

Spend Management

Not specified

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