Via Jacksonville Business Journal
OnPay Solutions, a nationally accredited AICPA service organization headquartered in Jacksonville, has been named by CIOReview as one of the “20 Most Promising Corporate Finance Tech Solution Providers” by an industry publication.
OnPay Solutions offers turn-key accounts payable payment automation solutions that integrates with any ERP and accounting or accounts payable workflow system. OnPay’s technology also greatly reduces accounts payable costs and fraud risk and can turn a company’s payables into rebates revenue.
“OnPay Solutions is shortlisted as one of the 20 Most Promising Corporate Finance Tech Solution Providers 2017 by CIOReview magazine based on its expertise in providing innovative software solutions and the ability to delight customers and facilitating return on investments through strategic relationships, services and programs,” said Jeevan George, managing editor of CIOReview.
Checks cost on average $3.50 to print and mail and require staff time for printing, stuffing and mailing checks. Reducing the number of printed checks reduces overall cost and allows staff to focus on what really matters — finances.
“By moving from costly paper check to automated electronic payment methods such as ACH, or single-issue virtual credit card for vendor payments, costs are reduced, time is saved, risk is minimized and efficiencies are maximized,” said president and CEO of OnPay Solutions Neal Anderson.
ePayments issued via OnPay Solutions’ systems provide greater security by directly linking a company’s accounting system to their bank for payments. OnPay is grateful for the honor, but they know there is work to be done.
“To us this award means we are being recognized for creating positive and streamlined change for organizations that can really make an impact,” COO of OnPay Solutions, Juliet Negrete-Anderson said.
“Moving forward we must continue to talk to businesses about how they can better there business processes, reduce their costs, and reduce their fraud risks.”
Reporter, Jacksonville Business Journal