Payment & Supply Chain Financing Automation

Manage payments seamlessly from one integrated platform 

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Gain time & efficiency with straight-through payment processing

Payment management plays a central role in the end-to-end source-to-pay process while fostering overall procurement excellence. That’s why Esker equips today’s companies with the technology necessary to automate payment approval workflows, secure discounts and support suppliers that need cash. 

What are the benefits?

  • Faster invoice cycle time & greater cost savings
  • Accurate & on-time supplier payments, improving quality relationships 
  • Ensured compliance & support for a sustainable & reliable supply chain
  • More time for AP teams to focus on higher-value objectives

 

What’s preventing secure digital payments?

Achieving the ubiquity of faster, secure payments has been challenging because of the infrastructure needed for completing an end-to-end payment — from initiation to settlement and reconciliation.


  • Countless disparate systems

    Numerous payment methods, geographies, and intermediaries impede payment and reconciliation operations.


  • Safety, integrity & trust

    Financial institutions, banks and payment service providers must comply with increasing standards and regulations to securely deliver customer services.


  • Collaboration

    Payment runs and financial transactions go through a validation process involving several team members, which can become tedious when done manually.

Transforming Payments:
Improving cashflow in AP & AR

Strategic Treasurer Report
Read now
cover of Transforming Payments report

How Esker helps

Payment automation reinforces sturdy supply chains by providing early-payment discounts and supply chain financing options, while also addressing fraud prevention, late fees and negatively impacted cashflow concerns.

Benefit from a single platform. Integrated payments streamline operations: pay on time every time and avoid late payment penalties. Thanks to Esker, there's no more back-and-forth between various systems, and the payment approval process is easier from the interface when it involves several team members.

  • S2P e-payment run: Users have the ability to manage the actual payment approvals electronically: users can select, preview, and approve online.
  • Supplier payment program: Esker makes it easy for suppliers to get paid by ACH, checks, credit card or wire payments. By pairing the efficiency-boosting benefits of Esker Accounts Payable and the cost-saving supplier payment programs, you can turn your AP department into a well-oiled, revenue-generating machine.
illustration payment proposal screen

Combining Esker Accounts Payable, terms optimization and early payment programs enables you to benefit from faster approval, increased visibility and integrated data. Support suppliers facing increasing needs of capital and secure your supply chain.

  • Terms optimization: Leverage detailed analytics to optimize cash on hand by making sure payments are timely and terms are aligned with industry standards.
  • Dynamic discounting: Esker Accounts Payable allows buyers to pay the seller before the agreed terms in exchange for an invoice discount.
  • Supply chain finance: Early payment programs such as integrated supply chain finance expand the capabilities of Esker Pay to help your business optimize working capital and deliver on-demand supplier early payments.
illustration early payment requests screen

Build a secure customer/supplier relationship with a high level of automation and traceability at every step of the S2P process. Thanks to our certified partners, outsource compliance requirements, store and process transaction details.

  • Bank details verification and fraud detection: Esker improves supplier payment automation in the most secure way thanks to an integrated bank account and ID verification services. Esker’s solution collectively fights the risk of bank identity theft fraud.
  • Supplier statement reconciliation: Esker's AI-powered feature automatically detects potential errors and differences between the recorded invoices and the received statement. When a statement is sent to Esker, data is extracted to ensure that each document/line is accounted for based on the replicated table data of invoice information previously uploaded by the user.
illustration Bank References screen

Positive-sum growth

Everyone wins with Esker!

  • Your employees

    • Free up AP employees for more value-added tasks
    • Eliminate issues & mistakes in payment processes

     

  • Your company

    • Improve your bottom line
    • Accelerate invoice cycle time
    • Improve your cashflow
    • Negotiate for discounts

     

  • Your suppliers

    • Ensure compliance & reduce fraud risk
    • Get paid on time & without error
    • Build better relationships with your suppliers

     

Want to know more about
our Esker Pay global offering?

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You’re in good company. Explore some of the other companies and AP leaders that have benefited from automating their processes with Esker.
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