Why payment automation is a game-changer
Managing payments can feel like a full-time job – from receiving invoices to accurately cross-checking details with company orders, setting up payments and meeting deadlines. It’s not just time-consuming but also costly, due to labour expenses and possible human errors.
Now imagine if this entire process could run itself. No errors, no wasted hours, and everything happening like clockwork. That’s exactly what Payoneer’s automated payments feature delivers, with the advantage of managing your payment operations from one single place.
Here’s why automation is more than just a time-saver:
Time back in your hands
Processing payments manually is time-consuming. Automating the process shaves off hours, so you can focus on strategy, not spreadsheets.
Flawless efficiency
Say goodbye to bottlenecks. With streamlined payouts and automated workflows, you’ll boost productivity and maintain smooth operations.
Unmatched accuracy
Minimize errors by automatically inputting payment data from the invoice for precise accuracy every time.
Cost savings made simple
Keep your costs down by reducing labor expenses and additional human errors. That’s extra funds to invest in your business success.
Meet Payoneer’s new automated payment feature
We’ve built this feature to address the challenges of payment management. It’s fast, accurate, and intuitively designed to make paying contractors and suppliers’ bank accounts easier for you and your team.
Consolidated payment management
With Payoneer’s automated feature you no longer need to juggle multiple excel sheets and platforms to handle payments. Manage your payment operations, from capturing invoices to approvals and payouts, all in one place: your Payoneer account.
Invoices, simplified
Suppliers and contractors can email their invoices to a unique address provided by Payoneer. Our system scans the file to extract crucial details like the amount, currency, recipient, and payment due date. Or you have the option to manually upload invoices to the payment dashboard.
Efficient approvals
No more manual data entry. Review, edit, and approve invoices right from your Payoneer dashboard. Everything’s already pre-filled and validated for you.
Effortless payments
Once approved, the payment is ready to go. Choose the balance you want to pay from, and if the due date is in the future, the system schedules it automatically.
Real-time tracking
Stay in control with a clear, filterable dashboard. Track every payment and invoice status – whether new, approved, paid, or canceled.
Discover the efficiency of payments automation
How it works
Manage
- Access your dashboard
Go to Pay and select Pay and manage invoices in your Payoneer account. - Add your invoice/s to the dashboard
To automate the billing process, you can either upload the invoice or request that invoices be sent to XXX@invoices.payoneer.com
Review
- Select an invoice
Choose an invoice from your dashboard. - Review the invoice
Check the details and edit any incorrect information and click Pay.
Pay
- Choose balance
Select the balance you’re paying from, then click Next. - Confirm payment
Review payment details and click Pay. - Verify payment
Enter the verification code you receive to complete. That’s it – now* your payment is being processed!
* Payments scheduled for a later date will automatically be sent on the selected date
Final thoughts
Automation isn’t a buzzword – it’s redefining how businesses of all sizes work. By eliminating manual payment tasks, you gain the freedom to focus on what truly drives growth: innovation, strategy, and customer experience.
Payoneer’s new automated payments feature is your partner for smarter, more efficient payment operations. The future of payment management is here – and it’s effortless. Ready to get started? Let Payoneer handle your payments so you can handle growth.
Disclaimer
Nothing herein should be construed as if Payoneer Inc. or its affiliates are soliciting or inviting any person outside the jurisdiction where it operates/is licensed to engage in payment services provided by Payoneer Inc. or its affiliates, unless permitted by applicable laws. Any products/services availability are subject to customer’s eligibility. The availability of this product is not guaranteed and may vary. Not all products/services are available in all jurisdictions in the same manner.
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